Quotes of the week: Kempinski, Blackstone, Marriott, White Lodging

 “Opportunities to acquire hotels like Augustine Hotel, Prague are exceptionally rare. This investment offered a unique and compelling opportunity to secure a heritage asset in a top-tier European luxury destination while also creating a grand showcase for The Good Life as the future of Kempinski as an ultra-luxury brand.”  — Barbara Muckermann, Kempinski Hotels Read story

“(The) luxury resort just one hour from San Francisco, which we believe is well positioned to benefit from rising group and leisure demand for wellness and experiential travel, alongside the continued growth in corporate travel to the region as AI adoption accelerates,” — Scott Trebilco, Blackstone Real Estate Read story

“Luxury is increasingly defined by wellbeing, purpose and meaningful experiences. We are excited to introduce Lefay to our customers around the world and thoughtfully expand Marriott’s presence in the luxury wellness space.” —Tony Capuano, Marriott Read story

“This investment strongly supports White Lodging’s growth strategy, which spans premium urban ground-up development, strategic acquisitions like this one, and select third-party management agreements.” —Conner White, White Lodging Read story

“The Kingdom’s transformation is creating a new category of demand for reliable, practical and standardized business hospitality. Platforms like Ayara - combining global expertise with local execution - will play a critical role in meeting that demand. Ayara is positioned to become a foundational hospitality infrastructure platform supporting Saudi Arabia’s next phase of economic growth.” — Lakshmi Narayanan, Patel Family Office Read story