The first Baccarat Hotel opened in Manhattan in 2015 on West 53rd Street, opposite the Museum of Modern Art. Its trademark displays of dazzling French crystal and bowls of crimson roses soon became fixtures on New York’s social scene. (The Baccarat company was founded by King Louis XV in 1764, and crystal is still made in the small town of the same name, 59 miles west of Strasbourg.) Plans are now underway to create a global hotel brand.