Reposition with the exit in mind

The fastest repositioning plans are built around the exit from day one.Learn how a five-year hold, direct operations, and a deliberate no-brand decision turned a Barcelona hotel into a leisure-led asset.In this episode Luc Boschmans interviews Emmanuel Dissez, head of asset management for Schroders Hotels, and Dario Filippone, one of the asset managers at Schroders Capital who has overseen the Grand Hotel Central in Barcelona since 2021.- Build value against a defined hold period so the five-year story becomes a sale- Keep optionality by not attaching a global brand, the flexibility the next owner pays for- Take a hotel to direct operations to gain control over the repositioning- Read the operation, not just the P&L, because the numbers are always lateEmmanuel and Dario share how they moved RGI from 64 to 108 and brought the hotel to market with the exit in mind.Follow The Future of Hospitality for weekly insights into hospitality, hotels, and guest experience.Disclaimer: This podcast shares stories, experiences, and opinions from hosts and guests. They are personal perspectives only and not statements of fact or official advice from The Future of Hospitality