Fans of the classic Forbes Travel Guide Four-Star The Pierre hotel will find another New York mainstay onsite starting this month with the opening of Sirio Ristorante.
This year marks the first time that Couture Fashion Week moves from the Forbes Travel Guide Four-Star Waldorf Astoria New York to its new home in the New Yorker Hotel.
Mr Huang tells me that so voluminous was the flow of public cash into the luxury hotel industry that it was distorting the market with new five-star establishments planned and built on the back of it.