The all-inclusive operator's executive chairman says he isn't selling the company, despite rumors, but is instead pouring tens of millions into properties to drive rate premiums.
Luxury hotel assets in Thailand are becoming increasingly scarce as investor demand outpaces supply. The imbalance is driving competition for trophy properties and attracting more private wealth.
The hotel company's first branded apartment rentals, opening in Cleveland in 2027, will mark a new turn for a real-estate business that has become central to its luxury strategy.
The marketing from luxury's top brands has blurred into one seamless, forgettable product. The operators pulling away are the ones who figured out that friction is the point.
Buying and flipping broken hotels is lumpy and cyclical. Highgate's fees for third-party hotel management are a steady drip that keeps the lights on between the big, risky trades.
Oberoi's parent company says geopolitical disruptions are reshaping travel patterns, but India’s affluent travelers are increasingly insulating luxury hotels from global shocks.