|Written by Cheap-Hotels.com|
|Monday, 28 June 2010 18:33|
A recent article in the New York Daily News, hinted on the subject of fashion designer Ralph Lauren perhaps buying a cheap hotel in long Island and transforming it into one of his signature studios of Ralph Lauren Fashion Stores. Just a couple of months before Ralph Lauren also purchased a former historic hotel on the St. Germain Boulevard in Paris and flipped it into a retail space with renovated suites making space for his exclusive client lounges.
The hotel in the news is the 164 year old ‘The American Hotel’ in Sag Harbor, Long island. Inside news states that cheap hotels such as these have proved to be fortunate for the Ralph Lauren brand name. Above and beyond this also brings a fresh perception to the retail industry in modern times where still a lot of retail is done in a conventional manner. Though it is just speculation and no confirmation from Ralph Lauren has been received but what chains the talk is the fact that the owner of ‘The American Hotel’ Mr. Ted Conklin has scheduled some of his prime properties for sale or for rent after marrying his high school sweetheart recently. Now that the couple is looking forward to move out of Sag Harbor, this only seems a wise thing to do. The locals maintain that the hotel is a remarkable site for the brand. In case the deal goes trough well, things only seem to get healthier amidst cheap hotels around the world and the Ralph Lauren Fashion house.