Ian Schrager is a serial entrepreneur and innovator whose career has spanned over five decades. Since the creation and closure of Studio 54, Ian has launched several hospitality concepts that have sought to revolutionize the hotel industry. He’s pioneered the concept of the “boutique hotel” concept with Morgans Hotel Group which paved the path of the lifestyle hotel category with Edition and Public. Ian set the standard in how culture plays a large role in shaping hospitality, an idea he continues to explore in creating memorable and transportive spaces. In this conversation, Ian shares how diversity played an important role in building the environment at Studio 54, why democratizing “luxury” is necessary, and finally, shares the principals he’s guided by in life and work.