Global real estate advisory firm Savills has acquired majority stake in Hotelivate, a leading hospitality advisory firm with presence across South Asia, at an undisclosed amount.
The new entity, will operate independently under the existing management and will help Savills India to expand hospitality advisory services in the country.
The acquisition has come at a time when branded residence are picking up in India and developer looking for specialised firm to pick the right hospitality partner.
“South Asia is a priority market for Savills in APAC, and this acquisition reflects our strong commitment to its long-term growth. Our continued investments position us well to expand into specialist areas like hospitality advisory,” said Martin Fidden, CEO, Savills Asia Pacific (ex-Greater China).
The firm said that strong operating performance, expanding branded supply and rising cross-border capital flows have repositioned hotel and branded residence assets as core institutional real estate. As mandates grow in scale and complexity, owners and investors increasingly require advisory platforms that integrate sector insight, capital structuring and transaction execution within a single, coordinated framework.
“We have reached the scale to invest selectively in specialist capabilities aligned with market opportunities. With strong tailwinds across South Asia’s hospitality sector, this investment strengthens our offer and enables us to deliver integrated advisory services to clients across the region,” said Anurag Mathur, CEO, Savills India.
Mathur said that the branded residences will be a focus area and currently the consultancy firms are unable to offer end-to-end services.
Hotelivate’s hospitality advisory platform works with owners, developers, operators and institutional investors across strategy, feasibility, operator selection, asset management and transactions. The firm’s offices across Delhi, Mumbai, Bangkok, Dubai, Jakarta and Singapore will remain operational, with expanded access to Savills regional network.
“This investment by Savills enables us to scale that platform in a more institutional manner. We have the largest market share and will now be able to scale faster,” said Manav Thadani, Founder & Chairman, Hotelivate.
Source: Economic Times