For much of the recent past, the luxury hotel market has been structured around clear and relatively stable boundaries. A small group of brands sat confidently at the top, supported by high-touch service, heritage, with an implicit understanding that luxury was defined as much by exclusivity as b…For much of the recent past, the luxury hotel market has been structured around clear and relatively stable boundaries. A small group of brands sat confidently at the top, supported by high-touch service, heritage, with an implicit understanding that luxury was defined as much by exclusivity as b…