That means no-one knows where they are staying - a one-star apartment or a three-star hotel - until they get there.

BBC: Your holiday questions tackled

My belief is that if you're staying at a four-star hotel while otherwise living a one- or two-star existence, you owe it to your children to invite them over to partake of your good fortune.

WSJ: Gatsby Slept Here

One high-profile deal involves its purchase in late 2012 of a grade-A office and five-star hotel complex in downtown Shanghai from a distressed local developer.

WSJ: Blackstone Takes Aim at Asia