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Savills Expands Hospitality Advisory Services in Asia-Pacific Region

The Indian unit of Savills Plc, a UK-based real estate advisor, has made a significant move to expand its hospitality advisory services across the Asia-Pacific region. The London-based company announced on Tuesday that it has acquired a majority interest in Hotelivate, a strategic move aimed at enhancing its capabilities in the region.

Savills Plc, a leading player in the global real estate market, has been actively expanding its presence in key markets. The acquisition of Hotelivate is a testament to the company's commitment to providing comprehensive hospitality advisory services to its clients. Hotelivate, with its extensive expertise in the hospitality industry, will complement Savills' existing capabilities, enabling the company to offer a broader range of services to its clients.

The acquisition is expected to bolster Savills' presence in the Asia-Pacific region, where the hospitality industry is witnessing significant growth. With Hotelivate on board, Savills will be well-positioned to capitalize on the region's expanding hotel market, providing its clients with expert advice on hotel development, operations, and management.

Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data

CompanyAcquisition Status
Savills PlcAcquired majority interest in Hotelivate
HotelivateAcquired by Savills Plc (majority interest)

Investor Takeaway

This acquisition may enhance Savills India's hospitality advisory capabilities in the Asia-Pacific region.

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