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Mactaggart Family & Partners

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Namestring
Mactaggart Family & Partners
Legal namestring
Mactaggart Family & Partners Limited
Company typeenum
Private
Founded yearint
1896
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
real estate investment management, real estate development, hotel asset management, co-investment joint ventures, family office investing
Industry2 codes
1Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest)
CodeFSAAADAHPrimaryYes
2Budget Hotel Chains & Franchises
CodeTHAGABAMPrimaryNo
NAICS code3 codes
  • Management of Companies and Enterprises551
  • Portfolio Management and Investment Advice523940
  • Trusts, Estates, and Agency Accounts52592
SIC code2 codes
  • Real Estate Dealers (For Their Own Account)6532
  • Investment Advice6282
Product category
Real Estate Investment Management
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Real Estate Development Management Fees and Co-Investment Returns
TypeProfessional Services
Description

MF&P generates returns through development projects where the firm acquires sites with balance sheet equity, removes front-end project risks (planning, capex, senior debt) for co-investors, and earns carried interest and management fees aligned with co-investor returns. The Mactaggart family office (Mactaggart Heritable Ltd) co-invests alongside third-party investors in every transaction.

mactaggartfp.com
2Hotel Operations Revenue
TypeManaged Services
Description

The Sirius Hotel Group operates The Resident brand hotels (Covent Garden, Liverpool, Edinburgh, Victoria, Kensington, Soho) and Four Points Flex by Sheraton properties (Cardiff, Dundee, Newcastle, Edinburgh). Revenue derived from room bookings, food and beverage, and events. The group acquired Sleeperz Hotels and converted them to Four Points Flex by Sheraton in 2025.

mactaggartfp.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 of 5 records shown
1The Resident
Description

A differentiated brand of city centre hotels in London, Liverpool and Edinburgh, focusing on excellent rooms in exceptional locations with heartfelt hospitality.

mactaggartfp.com
+4 more records
Core offering1 text field

Mactaggart Family & Partners is a real estate development and investment manager that acquires UK development sites (office, hotel, residential, self-storage) using balance sheet equity, de-risks them through planning, capex and senior debt financing, and structures joint ventures for institutional and family office co-investors. The firm also operates a hotel portfolio through The Sirius Hotel Group under The Resident owned-brand and the Four Points Flex by Sheraton franchise licensed from Marriott International.

Differentiator
Functional benefit
Problem solved
Product and service4 records
1The Resident (Hotel Brand)
CategoryCity centre boutique hotels
Description

A differentiated brand of city centre boutique hotels in London, Liverpool and Edinburgh, operated by The Sirius Hotel Group. Focus is on excellent rooms in exceptional locations with heartfelt hospitality. Properties include The Resident Covent Garden (ranked #1 on Tripadvisor in London and #1 hotel in the UK in 2024), The Resident Liverpool, The Resident Victoria, The Resident Kensington, The Resident Soho, and The Resident Edinburgh.

2Four Points Flex by Sheraton (Hotel Portfolio)
CategoryHotel franchise operations
Description

A conversion-friendly hotel brand operating under franchise licence from Marriott International. Following the 2025 rebranding of the former Sleeperz Hotels portfolio, the hotels operate under the Four Points Flex by Sheraton brand with access to the Marriott Bonvoy loyalty programme (175+ million members), Marriott.com and global reservation systems. Properties are located in Cardiff, Dundee, Newcastle and Edinburgh.

3UK Real Estate Development (Co-Investment Management)
CategoryReal estate development and co-investment management
Description

Direct investment and development of UK real estate in office, hotel, residential and self-storage asset classes. MF&P acquires sites with balance sheet equity, obtains planning permission, and structures joint ventures with institutional and family office co-investors. Portfolio assets include Canons Wharf Bristol (197,000 sq ft Grade A office redevelopment with Kinrise, £74 million project), 112 Jermyn Street London, Eagle House London, and Bayswater Self Storage London.

4US Real Estate Investment
CategoryReal estate investment
Description

Historic investment and development activities on the US East Coast, primarily in New York and West Palm Beach, Florida. Following recent corporate restructuring, the majority of the balance sheet focus has shifted to UK transactions, with this portfolio being transitioned. Assets historically included 261 Fifth Avenue and 589 Fifth Avenue in New York, multi-family portfolios in New York, and Butler Street and Pine Street in West Palm Beach.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-01-01
Description

Appointed across office agency and project management roles for the Canons Wharf Bristol development joint venture between Kinrise and MF&P. CBRE Bristol will handle agency and project management for the 169,573 sq ft Grade A workspace development.

Strategic tierCoreTypeImplementation/ SI/ Consulting PartnerAnnounced on2025-01-01
Description

Appointed as project manager for the Canons Wharf Bristol redevelopment since January 2025. Turner & Townsend serves as project manager for the joint venture between Kinrise and MF&P.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Joint venture partner with MF&P for the £74 million redevelopment of Canon House (former Lloyds Bank regional headquarters) in Bristol's Harbourside. MF&P and Kinrise received planning permission to transform the Grade II-listed building into 197,000 sq ft of Grade A office space with restaurants, wellness facilities, and events spaces.

Strategic tierCoreTypeOEM/ Whitelabel/ Licensing PartnerAnnounced on2024-01-01
Description

Sleeperz Hotels Group signed a franchise agreement with Marriott International in October 2024 to convert hotels to Four Points Flex by Sheraton brand. Mactaggart Family & Partners (via The Sirius Hotel Group) acquired majority stake in Sleeperz Hotels and completed successful conversion to Marriott brand within six months, gaining access to Marriott Bonvoy loyalty programme.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2022-01-01
Description

Hotel management company that operates The Resident brand hotels (owned by MF&P) and manages the Four Points Flex by Sheraton portfolio. David Orr serves as CEO. The group has created and launched The Resident brand (2020), acquired Sleeperz and Cityroomz (2022), and converted them to Four Points Flex by Sheraton (2025).

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

UK-listed hotel operator with mixed franchise and owned hotel portfolio including Park Plaza branded properties. Comparable as a UK-focused hotel operating platform combining ownership, franchise partnerships, and city centre exposure.

TypeEmerging player
Description

London-focused office development and investment REIT specialising in creative repositioning of central London offices. Comparable for the Grade A central London office development strategy targeting planning-led value uplift.

TypeBroad incumbent
Description

UK-listed owner of Premier Inn budget hotel brand, operating a large multi-site UK hotel portfolio. Comparable for the budget hotel franchise thesis embodied in Four Points Flex by Sheraton, though at substantially greater scale.

TypeBroad incumbent
Description

UK-listed REIT with substantial London office development pipeline and mixed-use campus projects. Comparable at a portfolio level for UK office-led development and asset management, though at materially larger scale than MF&P.

5Cadogan Group
TypeDirect peer
Description

Single-family-owned (Sloane family) London real estate investment, development, and estate management company. Comparable as a UK family office with deep London property exposure and multi-generational holding structure.

TypeBroad incumbent
Description

London-listed REIT specialising in prime central London office and mixed-use development. Comparable for the Grade A London office development thesis and central London concentration.

TypeDirect peer
Description

London-based privately held real estate investment and development firm operating across hospitality, residential, and commercial. Comparable for combining UK real estate development with hotel operations under unified private ownership.

TypeDirect peer
Description

Single-family-owned London estate (Pollen family) holding and managing a prime Mayfair real estate portfolio. Comparable as a multi-generational family office deploying capital in central London real estate with long-term horizon.

TypeDirect peer
Description

Family office-backed UK and international real estate investment manager (Duke of Westminster) with direct investment and asset management activities. Closely comparable as a long-duration family capital vehicle deploying across UK real estate with operating asset involvement.

TypeDirect peer
Description

London family-owned real estate investment and management business focused on Marylebone and Harley Street. Comparable model of long-duration family capital investing in and managing prime central London real estate.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI capability3 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles16 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Mactaggart Family & Partners

Real Estate Investment Managementmactaggartfp.com

Mactaggart Family & Partners firmographics

Firmographics
Name
Mactaggart Family & Partners
Legal name
Mactaggart Family & Partners Limited
Website
https://mactaggartfp.com
Company type
Private
Founded year
1896
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

Mactaggart Family & Partners industry classification

Industry
Product category
Real Estate Investment Management
NAICS
Management of Companies and Enterprises (551), Portfolio Management and Investment Advice (523940), Trusts, Estates, and Agency Accounts (52592)
SIC
Real Estate Dealers (For Their Own Account) (6532), Investment Advice (6282)
akta.pro primary industry
Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)
akta.pro secondary industry
Budget Hotel Chains & Franchises (THAGABAM)

Keywords

  • Real estate investment management
  • Real estate development
  • Hotel asset management
  • Co-investment joint ventures
  • Family office investing

Where Mactaggart Family & Partners is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices1 record

Markets served

Mactaggart Family & Partners business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Real Estate Development Management Fees and Co-Investment Returns: MF&P generates returns through development projects where the firm acquires sites with balance sheet equity, removes front-end project risks (planning, capex, senior debt) for co-investors, and earns carried interest and management fees aligned with co-investor returns. The Mactaggart family office (Mactaggart Heritable Ltd) co-invests alongside third-party investors in every transaction.
  2. Hotel Operations Revenue: The Sirius Hotel Group operates The Resident brand hotels (Covent Garden, Liverpool, Edinburgh, Victoria, Kensington, Soho) and Four Points Flex by Sheraton properties (Cardiff, Dundee, Newcastle, Edinburgh). Revenue derived from room bookings, food and beverage, and events. The group acquired Sleeperz Hotels and converted them to Four Points Flex by Sheraton in 2025.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Mactaggart Family & Partners product offering

Product offering

Core offering

Mactaggart Family & Partners is a real estate development and investment manager that acquires UK development sites (office, hotel, residential, self-storage) using balance sheet equity, de-risks them through planning, capex and senior debt financing, and structures joint ventures for institutional and family office co-investors. The firm also operates a hotel portfolio through The Sirius Hotel Group under The Resident owned-brand and the Four Points Flex by Sheraton franchise licensed from Marriott International.

Differentiator

Problem solved

Functional benefit

Brands

  • The Resident: A differentiated brand of city centre hotels in London, Liverpool and Edinburgh, focusing on excellent rooms in exceptional locations with heartfelt hospitality.
  • Four Points Flex by Sheraton
  • The Resident Covent Garden
  • Sleeperz Hotels
  • Cityroomz

Products and services

  • The Resident (Hotel Brand) A differentiated brand of city centre boutique hotels in London, Liverpool and Edinburgh, operated by The Sirius Hotel Group. Focus is on excellent rooms in exceptional locations with heartfelt hospitality. Properties include The Resident Covent Garden (ranked #1 on Tripadvisor in London and #1 hotel in the UK in 2024), The Resident Liverpool, The Resident Victoria, The Resident Kensington, The Resident Soho, and The Resident Edinburgh.
  • Four Points Flex by Sheraton (Hotel Portfolio) A conversion-friendly hotel brand operating under franchise licence from Marriott International. Following the 2025 rebranding of the former Sleeperz Hotels portfolio, the hotels operate under the Four Points Flex by Sheraton brand with access to the Marriott Bonvoy loyalty programme (175+ million members), Marriott.com and global reservation systems. Properties are located in Cardiff, Dundee, Newcastle and Edinburgh.
  • UK Real Estate Development (Co-Investment Management) Direct investment and development of UK real estate in office, hotel, residential and self-storage asset classes. MF&P acquires sites with balance sheet equity, obtains planning permission, and structures joint ventures with institutional and family office co-investors. Portfolio assets include Canons Wharf Bristol (197,000 sq ft Grade A office redevelopment with Kinrise, £74 million project), 112 Jermyn Street London, Eagle House London, and Bayswater Self Storage London.
  • US Real Estate Investment Historic investment and development activities on the US East Coast, primarily in New York and West Palm Beach, Florida. Following recent corporate restructuring, the majority of the balance sheet focus has shifted to UK transactions, with this portfolio being transitioned. Assets historically included 261 Fifth Avenue and 589 Fifth Avenue in New York, multi-family portfolios in New York, and Butler Street and Pine Street in West Palm Beach.

Companies that use Mactaggart Family & Partners

Customer profile

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Mactaggart Family & Partners technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Mactaggart Family & Partners partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core.

  • CBREcoreChannel Partner/ Reseller/ Distributor · 1 January 2026Appointed across office agency and project management roles for the Canons Wharf Bristol development joint venture between Kinrise and MF&P. CBRE Bristol will handle agency and project management for the 169,573 sq ft Grade A workspace development.
  • Turner & TownsendcoreImplementation/ SI/ Consulting Partner · 1 January 2025Appointed as project manager for the Canons Wharf Bristol redevelopment since January 2025. Turner & Townsend serves as project manager for the joint venture between Kinrise and MF&P.
  • KinrisecoreStrategic or Co-development Partner · 1 January 2024Joint venture partner with MF&P for the £74 million redevelopment of Canon House (former Lloyds Bank regional headquarters) in Bristol's Harbourside. MF&P and Kinrise received planning permission to transform the Grade II-listed building into 197,000 sq ft of Grade A office space with restaurants, wellness facilities, and events spaces.
  • Marriott InternationalcoreOEM/ Whitelabel/ Licensing Partner · 1 January 2024Sleeperz Hotels Group signed a franchise agreement with Marriott International in October 2024 to convert hotels to Four Points Flex by Sheraton brand. Mactaggart Family & Partners (via The Sirius Hotel Group) acquired majority stake in Sleeperz Hotels and completed successful conversion to Marriott brand within six months, gaining access to Marriott Bonvoy loyalty programme.
  • The Sirius Hotel GroupcoreStrategic or Co-development Partner · 1 January 2022Hotel management company that operates The Resident brand hotels (owned by MF&P) and manages the Four Points Flex by Sheraton portfolio. David Orr serves as CEO. The group has created and launched The Resident brand (2020), acquired Sleeperz and Cityroomz (2022), and converted them to Four Points Flex by Sheraton (2025).

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Mactaggart Family & Partners competitors and assessment

Company assessment

Direct peers

  • PPHE Hotel Group: UK-listed hotel operator with mixed franchise and owned hotel portfolio including Park Plaza branded properties. Comparable as a UK-focused hotel operating platform combining ownership, franchise partnerships, and city centre exposure.
  • Cadogan Group: Single-family-owned (Sloane family) London real estate investment, development, and estate management company. Comparable as a UK family office with deep London property exposure and multi-generational holding structure.
  • Criterion Capital: London-based privately held real estate investment and development firm operating across hospitality, residential, and commercial. Comparable for combining UK real estate development with hotel operations under unified private ownership.
  • The Pollen Estate: Single-family-owned London estate (Pollen family) holding and managing a prime Mayfair real estate portfolio. Comparable as a multi-generational family office deploying capital in central London real estate with long-term horizon.
  • Grosvenor Group: Family office-backed UK and international real estate investment manager (Duke of Westminster) with direct investment and asset management activities. Closely comparable as a long-duration family capital vehicle deploying across UK real estate with operating asset involvement.
  • The Howard de Walden Estate: London family-owned real estate investment and management business focused on Marylebone and Harley Street. Comparable model of long-duration family capital investing in and managing prime central London real estate.

Emerging players

  • Helical: London-focused office development and investment REIT specialising in creative repositioning of central London offices. Comparable for the Grade A central London office development strategy targeting planning-led value uplift.

Broad incumbents

  • Whitbread: UK-listed owner of Premier Inn budget hotel brand, operating a large multi-site UK hotel portfolio. Comparable for the budget hotel franchise thesis embodied in Four Points Flex by Sheraton, though at substantially greater scale.
  • Land Securities (Landsec): UK-listed REIT with substantial London office development pipeline and mixed-use campus projects. Comparable at a portfolio level for UK office-led development and asset management, though at materially larger scale than MF&P.
  • Great Portland Estates: London-listed REIT specialising in prime central London office and mixed-use development. Comparable for the Grade A London office development thesis and central London concentration.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Mactaggart Family & Partners social profiles

Digital presence

Mactaggart Family & Partners financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Mactaggart Family & Partners leadership team

Management profile

Number of profiles

Profiles16 records

Mactaggart Family & Partners subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Mactaggart Family & Partners funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Mactaggart Family & Partners M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mactaggart Family & Partners

What does Mactaggart Family & Partners do?

Mactaggart Family & Partners is a real estate development and investment manager that acquires UK development sites (office, hotel, residential, self-storage) using balance sheet equity, de-risks them through planning, capex and senior debt financing, and structures joint ventures for institutional and family office co-investors. The firm also operates a hotel portfolio through The Sirius Hotel Group under The Resident owned-brand and the Four Points Flex by Sheraton franchise licensed from Marriott International.

Is Mactaggart Family & Partners a public or private company?

Mactaggart Family & Partners is a private company. It is classified as family owned and is currently operating.

When was Mactaggart Family & Partners founded?

Mactaggart Family & Partners was founded in 1896. It employs 11 to 50 people.

Where is Mactaggart Family & Partners based?

Mactaggart Family & Partners is headquartered in London, United Kingdom, in the Europe region.

How does Mactaggart Family & Partners make money?

Two revenue lines are on record. Real Estate Development Management Fees and Co-Investment Returns are the primary driver. The others are hotel Operations Revenue.

Who are Mactaggart Family & Partners's main competitors?

Direct peers on record are PPHE Hotel Group, Cadogan Group, Criterion Capital, The Pollen Estate, Grosvenor Group and The Howard de Walden Estate. Helical is listed as an emerging player. Broad incumbents are Whitbread, Land Securities (Landsec) and Great Portland Estates.

Does Mactaggart Family & Partners have an API?

No public API is recorded for Mactaggart Family & Partners.

What industry is Mactaggart Family & Partners in?

Mactaggart Family & Partners's product category is Real Estate Investment Management. Its primary akta.pro industry code is FSAAADAH, Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest), with a secondary code of THAGABAM, Budget Hotel Chains & Franchises. Its NAICS code is 551 and its SIC code is 6532.

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Live signals
InsidermediaMajor transformation granted planning permission - CBRE Bristol appointed across office agency and project managementA major redevelopment scheme at Canons Wharf in Bristol's Harbourside estate, featuring 169,573 sq ft of Grade A workspace along with restaurants and a rooftop events space, has received planning permission. CBRE Bristol has been appointed across office agency and project management roles for the joint venture between Kinrise and Mactaggart Family & Partners (MF&P), with Turner & Townsend serving as project manager since January 2025. Works are expected to commence in Q3 2026, with pre-leasing now available.The SunLloyds Bank HQ gets green light for £74MILLION makeover with waterfront restaurants, saunas, gardens and a coffee houseReal estate investors Mactaggart Family & Partners and workspace provider Kinrise have received planning permission to transform Bristol's Grade II listed Canon House, the former Lloyds Bank regional headquarters, into 197,000 square feet of Grade A office space in a £74 million project. The development will feature harbourside restaurants, coffee shops, a gym with saunas and cold plunge pool, rooftop boardroom, podcast studio, and a 200-person auditorium. Work on the waterfront property, acquired by the investors in 2024, is scheduled to begin later this year.InsidermediaRedevelopment of prominent Bristol waterfront site secures planning permission - includes restaurant overlooking the HarboursideKinrise and Mactaggart Family & Partners (MF&P) have received planning permission to redevelop the grade II-listed Canons Wharf estate on Bristol's Harbourside, transforming the former Canons House building into a mixed-use campus. The approved scheme includes 197,000 sq ft of flexible Grade A office space along with restaurants, a coffee house, wellness facilities including saunas and a performance gym, a podcast studio, and a 200-person auditorium. Construction works are expected to begin imminently with a preferred contractor already selected.Hospitality InvestorTechnology’s role in expanding hotel portfoliosThis article discusses how hotel brands, owners, and operators leverage technology to expand and manage portfolios, highlighting Marriott's ongoing digital transformation investing 35–40% of its annual $1–1.1 billion capital expenditure in systems modernization. Franchisees like Mactaggart Family & Partners are converting properties to Marriott brands such as Four Points Flex by Sheraton and upgrading to Opera Cloud, benefiting from loyalty program access and standardized tech infrastructure. Hotel operators including frenchospitality report measurable efficiency gains—consolidating multiple tools into single platforms can reduce tech stack costs from 4% of revenue to 1% and save up to €9,000 per month per property.PR NewswireVelstar Helps Key Hudson Yard Area Building Achieve Internet Connectivity CertificationVelstar International facilitated the deployment of a redundant dual-path Internet network for 555 West 25th Street in New York City, enabling the building to achieve Platinum Wired Certification. The project involved partnerships with Skywire Networks to upgrade telecommunications infrastructure and MacTaggart Family & Partners as the property owner. This certification identifies commercial buildings with high-speed, reliable connectivity to attract technology and media tenants.GlobeNewswireDPW Holdings Acquires Ownership in Legendary European Hotel’s American DebutDPW Holdings will acquire a minority interest in a partnership building a five-star Tribeca hotel, investing alongside Mactaggart Family & Partners and Caspi Development. The 96-room project, breaking ground in December 2017, is expected to complete in summer 2020, with a projected ADR of $983 and a 10% unlevered yield on cost.