The right operating arrangements can help project
owners achieve their overall commercial aims.
As investor appetite for hybrid hospitality projects continues
to grow, it is important to identify and implement an operating
model that ensures the commercial goals of the project owner can be
achieved. There is no one-size-fits-all approach, as every hybrid
hospitality project is unique. Often, these projects include
residential components (for example, co-living, serviced
apartments, and whole-ownership units), transient units
(traditional hotel rooms), a variety of food and beverage concepts,
co-working spaces, and other entertainment and wellness offerings,
all housed in a single structure. This article will consider a
range of possible structures available to a project owner to
balance the requirements of diverse uses with the imperative of
creating and maintaining an optimal governance, financial, and
operating model for the overall project.
