Savills acquires majority stake in Hotelivate to expand APAC advisory

Savills, a global real estate advisory firm, is acquiring a majority stake in Hotelivate, a hospitality advisory firm in South Asia, to create a unified brand, Hotelivate-Savills. This strategic investment aims to enhance hospitality advisory services amid growing demand in the Asia Pacific region. Hotelivate will maintain its operations while benefiting from Savills' extensive network. The acquisition reflects Savills' commitment to expanding in South Asia and enhancing its capabilities in hospitality advisory, as stated by executives from both firms.