Capital & Strategy

Custodianship Over Ownership: The New Language of Hospitality Investing

Hospitality investing is undergoing a subtle but meaningful shift. Increasingly, investors and operators are moving away from the language of outright ownership and toward the idea of custodianship—a mindset that prioritizes long-term stewardship over short-term control. This evolution reflects changing expectations around sustainability, community impact, and asset longevity. 1. Assets as...

From Operator to Owner: When Hotel Groups Choose to Buy, Not Lease

In the hospitality industry, hotels and resorts are often operated under lease or management agreements rather than direct ownership. Yet increasingly, some hotel groups are choosing to purchase properties outright. This shift—from operator to owner—is driven by strategic considerations, financial objectives, and long-term value creation. 1. Control and Flexibility Ownership provides...

Leasehold vs Freehold in the Maasai Mara: What International Investors Must Understand

The Maasai Mara is one of Africa’s most iconic wildlife destinations, attracting discerning international investors looking to participate in safari lodges, camps, and conservancies. However, navigating property ownership here requires a clear understanding of the local land tenure system—primarily the distinction between leasehold and freehold. Each has implications for control, risk, and long-term...