Capital Call Summary: The Fund calls for a minimum allocation of $500m India's top hotel real estate asset owners, developers, and operators.
Macro: There is a significant lack of supply of hotels in India relative to the demand. India is the world's #1 country by land size, total population, and youngest population. With its vast and young population of approximately 1.4 billion people, India has only 165,000 branded hotel rooms to accommodate its 2.5 billion domestic and 9.26 million international travelers annually.
In stark contrast, several cities have well over 100,000 hotel rooms to accommodate significantly less travelers. For example, New York City has 130,000 hotel rooms to accommodate 61.8 million visitors and Las Vegas has 150,000 hotel rooms to accommodate 40 million visitors annually.
Rapid urbanization in India’s major cities is driving demand for accommodations, presenting investment opportunities in upscale and budget hotel segments.
India’s ascent to the top 5 GDP countries by 2030 signifies opportunities for rising tourism and development initiatives.
Collaborating with regional developers to capitalize on unique market opportunities, such as our ventures in Portugal and Southeast Asia.
We maintain flexible deal structures and co-investment strategies with partners to ensure tax efficiency, currency hedging, and long-term value creation
Bay Street Hospitality is a diversified hotel fund series for allocators seeking quant-driven exposure across top countries, operators, and hotel tiers. The fund targets a diversified portfolio in both high-growth emerging markets and stable developed markets, optimizing risk-adjusted returns. The leadership provides structured equity and pivotal strategic guidance to hotel-related investments. The fund establishes joint ventures with best-in-class partners, focusing on deal flexibility, currency considerations, tax efficiency, and clear exit strategies.
