Operations
Primary
Apr 26
Minor Hotels is building a 50-story tower in Miami, Wyndham just opened its 20th ECHO Suites in two years, and Accor's Q1 numbers look solid until you check the Middle East. The real question isn't who's growing fastest... it's whose owners are sleeping at night.
Minor Hotels is launching Anantara in America with a 50-story Miami tower where private residences outnumber hotel rooms more than four to one. The brand promise is "experiential luxury"... but the question is whose experience this building is actually designed to serve.
Development
Primary
Apr 25
A Thai luxury brand is betting its entire American future on 50 hotel suites inside a 50-story Miami condo tower that won't open for four years. The math on branded residences is seductive right now... but the operator math tells a very different story.
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Transactions
Primary
Apr 23
Minor Hotels is branding a 50-story Miami tower with just 50 hotel suites, 100 condos, and 120 resort residences on a $53M site. The per-key economics tell a very different story than the "White Lotus" headline.
The Wolseley is stretching from iconic London restaurant to a 76-key luxury hotel in Midtown Manhattan, with plans for a global chain. The question isn't whether the food will be good... it's whether a restaurant identity can survive the 3 AM plumbing call.
Minor Hotels wants to park 14 hotels in a Singapore-listed REIT valued at roughly $1 billion, cut its debt ratios, and keep operational control with a sub-50% stake. The structure is textbook asset-light, but the per-key math and the retained interest tell a more complicated story than the press release.
Operations
Primary
Mar 10
A Thai hotel group with 80%+ owned assets wants to franchise its way into North America with 12 brands and a planned REIT launch. The math behind that pivot tells a more interesting story than the press release.