HOFTEL is a by-invitation-only network/alliance of hospitality property investors – the only one which is both international and multi-operator. Today, we have over 70 members, controlling well in excess of US$ 60 billion in hospitality real estate. We work to represent the disparate owners of hotels and provide them with a voice as a distinct industry sector. HOFTEL members include virtually every type of hotel and serviced apartment real estate investor. We have billion-dollar funds and small family offices, REITs and developers, specialist hotel owning groups and sovereigns. Some members receive rents from third party operators, many of them have management agreements and an increasing number operate their own properties under franchise or with their own brands. Hotels under the HOFTEL umbrella range from flags like Aman, Four Seasons and Ritz Carlton to Ibis and Citizen M. What our members have in common is a belief that the sector faces unprecedented challenges (the scaling up of the big brand companies, the rise of the OTAs and the sharing economy) and that working together brings benefits that far outweigh the costs.