Are we headed towards a luxury hotel bubble?
Ongoing thoughts on the recent rise of luxury hotels
Happy Friday everyone.
Today’s newsletter is a longer one, so I’ll let you get into it.
If you’re new here, or want to catch up on the best of The Stanza, I’d recommend that you start here.
In today’s newsletter:
In NYC: a real estate developer with a 25-year track record is fundraising for an ultra luxury hotel & branded resi project
In Milan: what would you do if you could buy a historic and chic pastry shop?
How do you scale exclusivity in hospitality?
To what extent should restaurants be funded by institutional capital?
Are we headed towards a luxury hotel bubble?
Who will build the case study business for boutique saunas?
How do you justify high ADR’s relative to your market comps?
Hotel groups should not do another Wes Anderson-inspired film campaign.
Read previous issues of The Stanza here.
Investment opportunity: Ultra-luxury hotel & branded residential development in downtown NYC
An experienced real estate developer with a 25-year track record in executing successful luxury hospitality projects is seeking to raise the remaining $50M in equity required to develop a 350,000 SF hotel, branded residential, and members club project in downtown Manhattan. The project comprises ~150 keys and ~60 residences, both of which will be flagged by one of the world’s best high-end hospitality brands. Of the total project cost, 65% LTC debt is being secured, and 80% of the equity has already been circled.
Other opportunities currently live:
For sale: Fully-entitled hospitality site in West Hollywood (~45,000 SF)
Investment Opportunity: Ultra-luxury hotel & residential development in Hudson Valley New York
For sale: 18th century Georgian building in London Mayfair, which could be a private residence or members club (25,000 SF)
For all live listings (hotels for sale, investment opportunities, open job roles), click here.
Advertise with The Stanza Classifieds: via classifieds@thestanzamedia.com.
Annibale Carracci was a painter in the Baroque era. “The Choice of Hercules” depicts a timeless theme: the choice between virtue and the harder path, or vice and human temptation.
