Capital Takes Hotels From Inns To Institutions
Once viewed as too operationally intensive or cyclical, hospitality has evolved into a mature institutional asset class — benchmarked, underwritten, and traded with the same rigor as other core property types. In a recent Hotel Management feature, Noble’s Adi Bhoopathy shared how this transformation has been driven by the sector’s resilience across market cycles — and why manager selection remains critical for sustained outperformance.
“The defining turning point was not one single event but the accumulation of cycle-tested evidence that certain segments of the travel and hospitality sector can withstand disruption and recover quickly. Each cycle has reinforced that disciplined underwriting, strong operator alignment, and hands-on asset management can deliver consistent returns.”
Looking ahead, Adi highlighted branded long-term accommodations as the next institutional frontier — a purpose-built category that combines the efficiency of extended stay with the resilience of multifamily. At Noble, we’re advancing this convergence through our branded long-term accommodations platform, investing alongside leading institutions in a segment projected to more than double in value by 2035.
Travel and hospitality is a growth industry.
Read the full article here: https://www.hotelmanagement.net/asset-management/capital-takes-hotels-inns-institutions