Brookfield's managing partner and head of Hospitality Investments talks about recent acquisition and how their strategy has evolved.
LOS ANGELES – The head of hotel
investment at PE giant Brookfield talks to Hotel Investment Today at ALIS about why they acquired the
biggest asset in Phoenix from Blackstone – a combination of basis, yield and an
irreplaceable asset that gave them the conviction to spend some $300 million.
In 2026, Zelering said Brookfield will take advantage of broken
assets, looking for properties that are either overleveraged and need new
capital structures, or others that need capex where tired owners don’t have the wherewithal or desire. As an owner-operator, Zelering said Brookfield knows how to take these assets and realize the upside as “the fixer.”
Watch Zelering talk about these
stories and the rationale behind other high-profile owned assets in their portfolio,
including the recently acquired Generator brand, Atlantis in the Bahamas and
The Leela brand in India.