Selvan discusses the luxury hotel residential business model and its recent rise in popularity
Bringing the experience of living in a luxury hotel to a home is something Siva Selvan knows a lot about. He’s the Head of Global Hospitality Real Estate for Long & Foster Real Estate’s Commercial Division. That’s why Luxury Hoteliers magazine interviewed Selvan for their recent article about the growing trend of living in a hotel home and its impact on the luxury hotel industry.
In the article, Selvan reflects on the shift in hospitality brands towards residential. He explains that especially since the pandemic, remote work has blurred the lines between work and leisure. So why not work and live in a luxury hotel in another part of the country or the world?
Hotels have taken this shift in consumer lifestyle to leverage their existing infrastructure and culture to add a residential element to their businesses – with a dedicated residential team to serve residential guests and meet their unique needs.
This article was repackaged with the permission of Luxury Hoteliers magazine. To read the article in its entirety, click here.
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