Branded Residences Are Turning Hotel Brands into Lifestyle Assets
🏠 Branded residences are booming globally due to increasing wealth and lifestyle shifts post-pandemic. Dubai leads with $8.5 billion sales in H2 2024, while Miami hosts 42 active projects. The market, dominated by hotel brands (79%), sees growth in non-hotel sectors like fashion and automotive. The UHNWI demand for private, luxury living drives standalone residences. Developers and brands benefit from high returns and loyalty, with major hotspots in New York, London, and emerging markets like Saudi Arabia.
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