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But the two hotels are located in downtown Brooklyn, in a less glamorous area than the brownstone Brooklyn neighborhoods where the boutique properties have settled.
Mr Stevenson says AB's acquisition is step in the consolidation of a fragmented industry.The deal also suggests that, for all the hype around direct-to-consumer genomics, personal genomics may make its first profits in the less glamorous area of medical diagnostics.
"It is central and the most glamorous area".
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There are plenty of other, albeit less glamorous, areas where innovation can take place.
That's right, the set-piece, the less than glamorous areas on which success is founded.
It's one of the less glamorous areas of aviation and one of the toughest.
Defences can also be found in three rather less glamorous areas: management controls, forensic accounting and information processing.
Mr Mackay said that in the short term SAB will seek improvements at Bavaria in "not particularly glamorous" areas, such as purchasing and distribution.
There are those, not least Lawrence Dallaglio, who view Launchbury as the modern equivalent of the former Saracens and England flanker Richard Hill, whose unfussy, down-to-earth excellence in the game's less glamorous areas made him almost irreplaceable.
Institutional racism, Rosenblum says, set the neighborhood up for the urban apocalypse of the '70s and '80s, when the once-glamorous area turned hellish: "Fear bled into a barely concealed racism that in turn morphed into panic".
Significantly, the glamorous handbag area is overlooked by a terrace restaurant just as there is a bar from which to view the Wonder Room.
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