Luxury Hoteliers Magazine 4th Quarter 2018 | Page 106

GOING B E YO N D THE H OT E L B I Z How luxury hotel companies are extending brand loyalty and strengthening their core business by becoming lifestyle brands By Matthew Levison As a growing landscape of luxury brands are more accessible and available than ever before, companies are looking for ways to cement brand loyalty in a space filled with noise. For decades, luxury brands turned to diffusion lines, a more affordable brand 106 ILHA extension, to reach a broader, diverse audience – think Emporio Armani, Marquis by Waterford, Marc by Marc Jacobs, or Hunter for Target. While diffusion lines have their place, industry analysts are questioning this strategy more and more.