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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
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You can now earn loyalty points for global chains at smaller luxury hotels

By
Karen Goodwin
Karen Goodwin
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By
Karen Goodwin
Karen Goodwin
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December 22, 2014, 11:00 AM ET
Courtesy of Starwood Hotels & Resorts
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You can now earn and spend hotel chain reward points at some popular independent properties. That’s because your favorite hotel chain may offer a “hotel collection,” also known as a “soft brand,” that consists of independent hotels that can be booked through a major chain. Preferred Hotel Group, Leading Hotels of the World, and Small Luxury Hotels of the World have marketed individual hotels under an umbrella brand for years. But hotel chains now have their own soft brands that are busily adding luxury properties to their portfolios. They include: Marriott’s Autograph Collection, Starwood’s Luxury Collection, Hilton’s Curio Collection, Radisson’s Quorvus Collection, and Choice Hotels’ Ascend Collection. Look for Best Western to introduce the Premier Collection in 2015, consisting of hotels “that will be required to maintain a TripAdvisor rating of four or above and AAA/CAA rating of Three Diamonds or above.”

This Executive Travel story is from the Dec. 22, 2014 issue of Fortune.

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