New York City's New Power Spa Offers $1,000 Haircut

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June 4 (Bloomberg) -- The Loews Regency Hotel is the home of New York's famous "power breakfast." Now the hotel is adding "power" to its beauty game. Jonathan Tisch, co-chairman of the board of Loews Corp. and a long-time client of A-list stylist Julien Farel, tapped Farel to open a luxury space for high-rollers in the hotel. The spa will have a trademarked "power" menu with services like a "Power Hour," where multiple treatments can be performed within an hour's time -- perfect for the business tycoons it's looking to attract. Bloomberg's Erik Schatzker went inside the hotel's new spa to test their "power beauty" offerings.

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