Savills Acquires Stake in Hotelivate

New Delhi, Apr 7 (PTI) Global real estate consultant Savills on Tuesday said it has acquired a majority stake in hospitality advisory firm Hotelivate to expand business.

The acquisition of "majority interest" would help Savills India to provide hospitality advisory services under a unified brand, Hotelivate-Savills.

"Strong operating performance, expanding branded supply and rising cross-border capital flows have repositioned hotel and branded residence assets as core institutional real estate," Savills said in a statement.

On the reason behind this stake acquisition, Savills said that owners and investors increasingly require advisory platforms that integrate sector insight, capital structuring and transaction execution within a single, coordinated framework.

Martin Fidden, CEO, Savills Asia Pacific (ex-Greater China), said: "South Asia is a priority market for Savills in APAC, and this acquisition reflects our strong commitment to its long-term growth. Our continued investments position us well to expand into specialist areas like hospitality advisory."


Anurag Mathur, CEO, Savills India, said this marks an important step in the evolution of Savills in India.

"Eight years into our journey, we have reached the scale and organisational maturity to invest selectively in specialist capabilities aligned with market opportunities," he added.

With strong tailwinds across South Asia's hospitality sector, Mathur said this investment strengthens its offer and enables it to deliver deeper, more integrated advisory services to clients across the region."

Savills is an international property consulting firm headquartered in London with a network of more than 42,000 people in over 700 offices across the Americas, Europe, Asia Pacific, Africa and the Middle East.

Savills India is a group company of Savills Plc. with full-service offices in Bengaluru, Mumbai, Delhi NCR, Chennai, Pune, Hyderabad, Kolkata and Ahmedabad.