Scott Kerr speaks to Larry Korman, president and CEO of AKA Hotels & Hotel Residences, a company that has been an integral force in the luxury extended-stay sector. Larry discusses what's driving the explosive growth of hybrid luxury hotel/residence experiences and AKA's rapid expansion in major cities. He also talks about why many celebrities and long-stay business travelers prefer AKA to traditional luxury hotels, how its brand philosophy of "providing calm in chaos" resonates with guests, the importance of capturing a city's spirit when designing new properties, and the shortfalls of established hotel groups getting into the extended-stay space. Plus: Key luxury travel trends that will play out in 2023
Featuring: Larry Korman, President and CEO of AKA Hotels & Hotel Residences (stayaka.com)
Host:
Scott Kerr, Founder & President of Silvertone Consulting
About The Luxury Item podcast:
The Luxury Item is a podcast on the business of luxury and the people and companies that are shaping the future of the luxury industry.
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Email: scott@silvertoneconsulting.com
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What is The Luxury Item with Scott Kerr?
The Luxury Item is the leading podcast on the business of luxury. Join brand and luxury expert Scott Kerr for insightful discussions with CEOs and other leaders of the world's most influential luxury brands. The show shines a spotlight on the most powerful trends and financial forces impacting the global luxury market, the evolving demands of consumers and the outlook for the sector. You'll get valuable insights and takeaways that will inspire you to rethink your strategies and unlock new growth opportunities.
Want to get in touch? Email us, scott@silvertoneconsulting.com