HOFTEL is the world's leading association of hotel property investors. It is specifically designed to represent the disparate owners of hotels and provide them with a voice as a distinct industry sector. HOFTEL provides an association and a forum for hotel real estate companies which receive rents or pay management fees as well as for hotel franchisees who both own and manage properties, but pay a third party to provide the brand and marketing. Its members range from multinationals to single-hotel companies and include institutional investors, private entrepreneurs and asset managers. To date, HOFTEL has members and subscribers with hotels and serviced apartments in around 35 countries, which control between them hospitality real estate assets of around US$ 100 billion.