Do boutiques mix with business?
By Barney Gimbel, Fortune writer-reporter

(Fortune Magazine) -- Ever since Ian Schrager pioneered the "boutique hotel" in the mid-'80s, this species has been a riddle for business travelers. On the one hand, a hip little hotel is infinitely cooler than the Marriott; on the other, who wants to feel as if they're staying at a nightclub? So recently I decided to put Manhattan's latest boutique -- Schrager's newly renovated Gramercy Park Hotel -- to the test. When you enter the glam lobby, it's clear that the place is "exclusive" (meaning the bars are reservation-only, the rooftop is a private club, and the hotel is sold out). As for the rooms? Let's just say Schrager didn't have working stiffs in mind when he designed the place. They're painted dark olive-green and dimly lit with one exposed bulb and a few scattered lamps, so reading required lots of squinting. Furthermore, there was no real desk and so few outlets that I had to charge my cellphone in the bathroom. The Gramercy is a beautiful hotel -- and presumably a great place to hit a roof party -- just don't expect to get much work done in your room.  Top of page

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.