Articles tagged “KSL”

Peregrine Hospitality's CEO admits hotels have no competitive moat. His fix is operational discipline. The question is whether that'll be enough to deliver results.

In the U.S., 14 citizenM hotels have what's essentially a new mortgage and loan provider. J.P. Morgan led the debt facility, with KSL Capital Partners also taking part. It's among the largest hotel financings of the year.

After selling these 15 resorts, Hyatt will once again look less like a real-estate company and more like a capital-light services business. It will be less likely to get clobbered during a downturn from volatile cash flows tied to depreciating assets.