Glossary entry

English term or phrase:

BOUTIQUE PRESTIGIOUS HOTEL

English answer:

special niche market targeted as "exclusive"

Added to glossary by Carmen Schultz
May 17, 2005 13:16
19 yrs ago
1 viewer *
English term

BOUTIQUE PRESTIGIOUS HOTEL

English Other Investment / Securities
INVESTMENT SUMMARY

• PRIME OFF MARKET HOTEL IN LONDON’S WEST END

• FREEHOLD

• ROOMS & SUITES 64, 5 STAR DELUXE - 90,000 SQ FT

• ROOM RATES £250 - £400 PER NIGHT

• LOCAL MANAGEMENT COMPANY

• SALE UNENCUMBERED, VACANT POSSESSION

• OWNERSHIP SPV CAN BE ACQUIRED

• PRICE REQUIRED £50 MILLION

• OPPORTUNITY TO IMPROVE OCCUPANCY AND CASH FLOW

• BOUTIQUE PRESTIGIOUS HOTEL, RECENTLY UPGRADED

• ALTERNATIVE USE POTENTIAL AS PRIVATE RESIDENCE


What does " Boutique" mean here? is it adjective here?

Thank you!

Responses

+6
6 mins
Selected

special niche market targeted as "exclusive"

A boutique hotel is a hotel that is marketed as upscale and exclusive
Peer comment(s):

agree Robert Donahue (X) : This is exactly right. Boutique in the sense of niche/upscale.
1 min
Thanks Robert, how are you?
agree Patricia Fierro, M. Sc.
11 mins
Thanks
agree juvera : And usually a small, upscale and exclusive hotel, possibly with a speciality, as Carmen's "niche market" indicates.
14 mins
Thanks
agree Maria Nicholas (X)
1 hr
THX!!
agree Can Altinbay : Absolutely.
7 hrs
Thanks!
agree Alfa Trans (X)
2 days 1 hr
Thanks!
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4 KudoZ points awarded for this answer. Comment: "Thanks Carmen and all"
5 mins

boutique normally means something luxury

very often used for shops-designer shops "boutique", it's a French term. Also lots of hotels around the world are described as Boutique.
So in this case it should be an adj.
Something went wrong...
8 mins

just that... a luxury store (boutique) at a prestigious hotel

could be...
Peer comment(s):

neutral Robert Donahue (X) : Bouique is used as an adjective here. It doesn't refer to the gift shop.
5 mins
Something went wrong...
+1
19 mins
English term (edited): boutique ---prestigious hotel

small, upmarket ---but prestigious (adj.)

Certainly an adjective.

Small and luxurious/upmarket etc.
A boutique hotel is a small and uniquely decorated hotel which offers the. kinds of luxury and amenities that larger hotels often do not. ...
http://boutiquedesign.com/pdf/BD_2005_Media Kit.pdf


A boutique hotel is a small lodging facility that caters to upscale patrons looking for intimate, quiet. surroundings. Often converted from historic ...
http://www.hvsinternational.com/.../ Hotel%20Investments%20Handbook%20-%20Chapters2-7.pdf
And an interesting debate...
http://www.fodors.com/forums/threadselect.jsp?fid=1&tid=3452...

This is about rooms, but essentially the same use.
The Room
The rooms at The Luxe are boutique-sized but extremely well designed and organized to maximize the space. Everything feels new, fresh and clean. There are the usual luxury amenities like multi-line phones, DSL, private voice mail, color television, first run films and CD players. A glance out the front window and you’ll see a fantastic view of Rodeo Drive below. This view alone is worth the price of admission...


Also,
SYLLABICATION: bou·tique
PRONUNCIATION: b-tk
NOUN: 1a. A small retail shop that specializes in gifts, fashionable clothes, accessories, or food, for example. b. A small shop located within a large department store or supermarket. 2. A small business offering specialized products and services: an investment boutique; a health-care boutique.
ETYMOLOGY: French, from Old French botique, small shop, from Old Provençal botica, from Latin apothca, storehouse. See apothecary.
Peer comment(s):

agree Robert Donahue (X) : It's still a correct answer. : )
1 min
:-))/Didn't see juvera's comment I'm afraid. :-(/ :-)
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