Among the noteworthy quotes from stories this week is Brookfield's Shai Zelering suggesting pricing today is favorable for long-term investing.
QUOTE OF THE WEEK
“When you compare [hospitality’s] performance to the S&P
500 and other sectors, to me, you have to ask yourself, am I in the business of
buying durability or buying hope? As long-term investors, we look at the
mispriced real estate [for] particular hotels and see incredible opportunities.
I think that people will look back two to three years from now [and see] this
as one of the best buying opportunities, as long as you're a long-term investor
and you're really looking at the capability of the business.” – Shai Zelering,
Brookfield Read story
“I could have chosen anyone in the industry to partner with, but I chose Highgate. They are the smartest, most talented, and most disciplined operators and investors in the business. This partnership allows me to focus entirely on what I do best – concept, product, positioning and experience, while allowing Highgate to do what they do best. To me, it’s a dream team, where 1+1 = 10.” – Ian Schrager, Ian Schrager Co. Read story
“Conversions can drive 30-40% of signings and openings. Recognizing this, we’ve built an infrastructure and a philosophical approach so that, even in a booming economy, we don’t expect the usual reduction in conversions.” – Tony Capuano, Marriott International Read story
“This flagship signing underscores the brand’s strong growth potential and momentum in key locations across the Americas and around the world.” – Jolyon Bulley, IHG Hotels & Resorts Read story
“There’s probably an opportunity for us to create another
brand. But if you listen to this conversation, we probably shouldn't. We are
very deliberate about the brands that we are growing… I think there will be
some opportunities with some brands out there and assets that have reached a
level of losses… and we can step in and acquire the hotel, and if it's a good
box and good market that fits one of our brands, that's a big part of our
plans, especially for Treehouse.” – Raul Leal, Starwood Hotels Read story
“We continue to strengthen our network effect and
strategically expand into destinations around the world. We’re also adding new
brands, with more to come in 2026... We expect net unit growth of 6–7% in 2026.”
– Chris Nassetta, Hilton Read story