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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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.