Table 1

Major non-listed hotel investment fund managers: global portfolio: 2023

Hotel investment managerHotel AUM (US$)Hotel component of real estate portfolio (%)
CapitaLand$34.6 B34.5
Starwood$21.1 B18.4
Brookfield$21.1 B7.6
Metlife$8.2 B4.3
Oaktree$7.6 B24.1
Union$6.0 B9.3
Barings$5.5 B10.9
Deka$5.1 B7.5
AXA$4.5 B3.6
Schroders$4.5 B13.0
Source(s): Authors' compilation from IPE (2023a) 

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