Savills buys majority interest in Hotelivate

 Savills, a global real estate advisory firm, has announced the acquisition of a majority interest in Hotelivate, which is into hospitality advisory for an unspecified amount.

The new entity, Hotelivate-Savills will operate under the existing Hotelivate leadership and maintain its specialist focus.

Martin Fidden, CEO, Savills Asia Pacific (ex-Greater China), said “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.”

Manav Thadani, Founder & Chairman, Hotelivate, said, “This investment by Savills enables us to scale that platform in a more institutional manner, enhancing our ability to serve increasingly sophisticated investors while preserving the sector depth that defines our firm.”