Quotes of the Week: Omnam, Hyatt, L Catterton, Far East

QUOTE OF THE WEEK
“From my perspective, the headline is ‘generosity.’ What’s real generosity in hotels, and how do you really make guests feel you are being generous? It is not just a sales move. This is something I’m very curious about today.” – David Zisser, Omnam Group   Read story

“I’m excited to rejoin Hyatt at such a pivotal moment. Our approach is insights-led and brand-focused, growing our Luxury, Lifestyle and Classics brand portfolios where we see strong demand and scaling our Essentials brands to unlock new markets, all while delivering strong returns for our owners.” – Julienne Smith, Hyatt Hotels Corp.   Read story

“The demand we are seeing from residential buyers and global brands speaks to the rarity of this project, the strength of our hospitality partners and the enduring appeal of the Beverly Hills market.” – Jonathan Goldstein, Cain   Read story

“The traditional participants and those who have dominated lending historically have clearly pulled back. We think that's a structural thing, not a temporary thing. So, we saw the opportunity to fill the void left by some of those traditional lenders.” – Christopher Jordan, EOS Investors   Read story

“This partnership is well positioned to capitalize on strong tailwinds in global luxury travel and to create significant long-term value through the repositioning of iconic assets in highly sought-after destinations.” – Mathieu Le Bozec, L Catterton Real Estate   Read story

“What we started to see there was the ability to buy hotels with the most conservative underwriting that we could out of any of the urban markets and we could start to see green shoots forming politically and in the business environment. That started to lead to what has been, over the last 12 months, the fastest-growing market in the country. We think that's going to persist for the next couple of years.” – Jonathan Wang, EOS Investors   Read story

“We would probably want to see if we could come up with a similar playbook as we did in Japan to jumpstart some of our other target markets.” – Mark Rohner, Far East Hospitality   Read story

“Demand [in Europe] continues to prove resilient, high-quality assets are attracting deep pools of global capital, and hotels retain a unique ability to adapt through the cycle. For investors prepared to look beyond near-term noise, this remains a sector that is rich in opportunity.” – David Kellett, Savills   Read story

“Our growth will focus on targeted acquisitions, expanded management agreements, and new development partnerships in key regional and gateway markets.” – Sajad Bassam, Marsden Group   Read story

“We’re excited to partner with Convene Hospitality Group’s exceptional management team and existing investors to support their next phase of global growth. Our investment underscores our confidence in CHG’s proven multi-brand strategy and its ability to meet the growing demand for high-quality, flexible meeting and event spaces globally, solidifying its leadership in the evolving hospitality market.” – Jake Gladstone, TPG Credit Solutions   Read story