Market Exploration with Dimitris Manikis
Roger Allen and Dimitris Manikis enjoy several days of strategic discussions and market exploration in Montreux. Read more
Roger Allen, RLA Global Group’s CEO chaired a distinguished panel to discuss Adjacent Living - Shaping the New Lifestyle at the International Hospitality Investment Forum (IHIF) on 2nd September 2021.
The co-living sector has seen a seismic change and a growing appetite from investors as the lines continue to blur between hotels, senior living, student housing, co-living and serviced apartments.
The panel members:
The in-depth discussion addressed the growing opportunities that exist to invest beyond the hotel room.
In a lively discussion, the panelists talked about their own experiences operating in this sector:
• What is driving the growth in this sector and why has it become so attractive to investors.
• The shift in consumer living and why flexible stays, enriched environments and communal living are seeing space sacrificed, for quality of life.
• Why the contraction of office, retail, and hospitality space has led to obvious opportunities for redevelopment of buildings, in prime city-center locations.
The panel concluded that although gross income may be lower than a traditional hospitality model, the financial stability of a hybrid model between hotels and residential living (especially post-pandemic) makes it a much more attractive prospect to investors.
Further insights from this discussion can be found at International Hospitality Investment Forum (IHIF).
Roger Allen and Dimitris Manikis enjoy several days of strategic discussions and market exploration in Montreux. Read more
Roger Allen and Dimitris Manikis enjoy several days of strategic discussions and market exploration in Montreux. Read more
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