Iqbal Jumabhoy, chief executive officer of real estate investment firm ProsperCap, explains how it is making its mark in the United Kingdom’s hospitality sector.
This article was first published on 09 April 2024.
kopi-C is a regular column by SGX Research in collaboration with Beansprout that features C-level executives of leading companies listed on SGX. These interviews are profiles of senior management aimed at helping investors better understand the individuals who run these corporations.
When investing in the hospitality sector, the key is choosing assets that offer something extra, says Iqbal Jumabhoy, chief executive officer and executive director of real estate investment and property management firm ProsperCap. The Singapore-listed firm owns 17 hotels in the United Kingdom, including in Birmingham, Bristol, Leeds, Manchester and Glasgow.
“Everyone focuses on London, but if you look around in the United Kingdom, there are many opportunities to be had. Domestic leisure and business travel are both growing, so if you select hotels in the right...