Quotes of the Week: Viceroy, Wyndham, Design Hotels, Oberoi

QUOTE OF THE WEEK
“Highgate intends to be one of the largest owners of Viceroy hotels in the U.S. and Europe. The principals wanted to buy this brand because it gives them an opportunity to invest into luxury branded hotels that they could operate.” – Mark Keiser, Viceroy Hotels & Resorts   Read story

“An unprecedented 80% of investors plan to maintain or increase their capital investment in hotels over the next 12 months.” – JLL Hotels & Hospitality   Read story

“As we expand our global portfolio, each property reflects the visionary spirit of its ‘original’ owner, ensuring that Design Hotels continues to push boundaries and deepen community. That sentiment translates to that intangible Design Hotels’ experience — where every stay feels uniquely personal and is infused with the passion of its creator.” – Stijn Oyen, Design Hotels   Read story

“Inequities still exist within hospitality, especially when it comes to financing. Champions like Lafayette Square – who believe in our same mission – can help us bring greater representation to our industry. There are deserving, credible hoteliers that continue to face roadblocks, and we’re committed to using our network to not only give the keys to hotel ownership to more diverse owners, but ultimately help give them the access to tools, resources and partners they need to succeed.” – Galen Barrett, Wyndham Hotels & Resorts   Read story

“Our partnership with Grosvenor marks an important milestone in our international growth. London has always been a key market for our guests. We are excited to bring our distinctive hospitality experience to the heart of London. The Oberoi, Mayfair, will not only be a celebration of our brand at a prime location, but also an opportunity to showcase our service excellence.” – Arjun Oberoi, The Oberoi Group   Read story

“A friend of mine told me, ‘You know, when you make a change, be a little bit like a mountain climber, and make sure at least you have either one hand or one of your feet on the rocks.’ I think on this one of all, both hands and both feet are off the rock.” – Gilda Perez-Alvarado, Accor   Watch video interview

“It’s definitely a lot more active than we saw it at the beginning of the year... Deals are certainly taking longer than they used to take, but I think those that are selling now are selling with a reason, and it feels, certainly from our perspective, that the market is starting to wake up and deals are getting done.” – Ying Fahrholz, Aprirose   Read story