The state of luxury: A special report

In case you didn’t already know, luxury has changed. It’s not what it used to be. It doesn’t mean fancy chandeliers, expensive rugs and exotic food. It does mean personalized service, privacy and human interaction. “The luxury segment is far better defined than 15 years ago,” said Tony Potter, CEO of Corinthia Hotels International. “The customer is more understanding of a five-star property and won’t except just any nice hotel on a beach...

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CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and...