Hotels with residences are hardly a new trend: Four Seasons Hotels and Resorts and Aman are just two of the many brands that have offered homes for sale for the last decade or more. But until recently, this real estate arm of the hotel industry was mostly limited to larger and more familiar chains. That’s changing today with boutique properties some of which are individually owned getting into the residential game.
“Well-established hotel companies have seen incredible success with real estate, so it’s logical that smaller names want to also venture into the area,” says Zackary Wright, an executive director at Christie’s International Real Estate. “This is especially happening in resort locations.”