Recently, this trend has spread to the major hotel chains as well.
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In that way, they are following the "real-estate light" trend taken up by other big hotel companies, such as Marriott International Inc.
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Some, like the Ritz Carlton South Beach's tanning butler and Hotel Monaco's pet psychic, trend toward the whimsical.
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This trend is sure to continue, since the new Aman hotel is the centerpiece of a real estate project being developed by London Stock Exchange-listed Dolphin Capital Investors.
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For the hotel segment, we forecast that EBITDA margins will trend at around 23% and slowly decrease to around 21% going forward.
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