Scott Kerr speaks to Larry Korman, president and CEO of AKA Hotels & Hotel Residences, a company that has been an integral force in the luxury extended-stay sector. Larry discusses what's driving the explosive growth of hybrid luxury hotel/residence experiences and AKA's rapid expansion in major cities. He also talks about why many celebrities and long-stay business travelers prefer AKA to traditional luxury hotels, how its brand philosophy of "providing calm in chaos" resonates with guests, the importance of capturing a city's spirit when designing new properties, and the shortfalls of established hotel groups getting into the extended-stay space. Plus: Key luxury travel trends that will play out in 2023Featuring: Larry Korman, President and CEO of AKA Hotels & Hotel Residences (stayaka.com)Host:Scott Kerr, Founder & President of Silvertone ConsultingAbout The Luxury Item podcast:The Luxury Item is a podcast on the business of luxury and the people and companies that are shaping the future of the luxury industry.Stay Connected: Twitter: @theluxuryitem, @scott_kerr, @silvertone_incEmail: scott@silvertoneconsulting.comDon't forget to subscribe, rate, and review!