Related to the hotels
>https:// www.ft.com/content/e3984c12-0514-11e7-ace0-1ce02ef0def9
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https:// www.ft.com/content/e3984c12-0514-11e7-ace0-1ce02ef0def9
André Balazs, the hotelier behind celebrity hangouts such as Chateau Marmont in Hollywood and the Chiltern Firehouse in London, has stepped down as chairman of the Standard hotels brand — in effect ending his association with the boutique chain he founded 18 years ago.
Mr Balazs has left the board of the management company that controls five Standard hotels, including its flagship New York property that straddles the city’s High Line overground park. He will maintain his 20 per cent shareholding in Standard International and stakes in some of the individual hotels under its brand."