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PE firm that invested in Trinity Investments is open to a variety of hotel investment opportunities, but really likes the potential in bigger luxury assets.
The Teams video call for this story interview dropped almost at the outset, and when Partners Group executive Jason Longo rejoined the call, he immediately suggested that these incidents perfectly illustrate why the New York City-based global PE firm has become so bullish about hospitality. He was emphatic about how a communication gaffe like a dropped call serves as a perfect example of why group hotel business will continue to trend upward as people need to meet face-to-face to more effectively communicate and conduct business. So, investing in bigger, luxury hotels around the world makes so much sense, he said.
In fact, Partners Group is putting its money where Longo’s mouth is having recently invested with Honolulu-based Trinity Investment in bigger, luxury group hotels, including The Four Seasons Las Colinas Resort in Dallas, which recently converted to The Ritz-Carlton Dallas, Las Colinas, and more recently The Scottsdale Plaza Resort & Villas, which is currently going through a renovation.