WEEK 05 / EIGHT-WEEK CURRICULUM

Hospitality Standalones

Four Seasons, Aman, Ritz-Carlton, Mandarin Oriental — the no-hotel residence.

LEARNING

What you'll cover.

  • 01

    Why standalone branded residences command higher premiums than hotel-attached ones.

  • 02

    How service contracts, key-fee structures and HOA economics actually work.

  • 03

    Read the Aman New York $180M penthouse sale as a market-defining event.

GUEST SPEAKERS

Voices in the room.

Vladislav Doronin
Chairman & CEO, Aman
Christian Clerc
President, Global Operations, Four Seasons
HOMEWORK

Ship the work.

  1. 01

    Underwrite a hypothetical standalone Mandarin in your city: HOA, key fee, target IRR.

  2. 02

    Compare two 5-star resale histories and explain the spread.