Month: January 2022
Quoted in Conde Nast Property Sections – article on Branded Residences (Nov 21)
The last few years have seen a steady growth of branded residences – properties that are linked to a luxury hotel group, with owners having access to all the facilities and services that guests enjoy. This trend first emerged in New York during the 1920s, but didn’t become popular until the 1980s, when Four Seasons began selling apartments that boasted all the conveniences of a hotel suite. Since then, the market has expanded, rapidly gaining momentum. ‘Wide-ranging benefits for buyers, developers and operators alike have driven exponential global growth in the sector over the past 20 years – not only in terms of quantity, but also locations and brands,’ says Chris Graham, author of a leading report on branded residences. ‘It’s truly a “win-win” scenario.’