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Sagar Desai

Principal at Activate Hospitality

Sagar Desai is a real estate investor and entrepreneur with extensive experience in the hospitality sector. He is the Principal and Founder of Activate Hospitality, a real estate investment company focused on value-add investments in hotels, resorts, and multifamily buildings.123

Professional Background

Hospitality and Real Estate Career::

  • Global Head of Acquisitions at Viceroy Hotel Group from October 2008 to September 20191
  • Previously worked in Real Estate Investment Banking at Banc of America Securities and Global Asset Management at Deutsche Bank1
  • Board Member at Selina, a community-driven hospitality platform catering to digital nomads1

Recent Achievements::

  • Led Activate Hospitality in purchasing a West Palm Beach Holiday Inn for $24 million in December 20232
  • Focuses on acquiring underperforming or distressed properties in Florida and repositioning them3

Investment Philosophy

Activate Hospitality specializes in:

  • Value-add real estate investments
  • Hospitality sector investments
  • Affordable housing partnerships
  • Early-stage hospitality company investments3

The company aims to unlock property value through renovation, repositioning, expansion, and strategic rebranding.3

Education

Desai holds a BS in Economics, Finance, and Real Estate from New York University.1

Highlights

Dec 28 · therealdeal.com
Activate Hospitality Pays $24M For West Palm Holiday Inn
activate hospitality llc - Detail by Entity Name - Division of Corporations
Feb 7 · The Real Deal
Bloom Hotels picks up Sixty Sixty condo-hotel in Miami Beach for $24M - The Real Deal
Dec 18 · The Real Deal
Here are South Florida’s biggest hotel sales in 2020 - The Real Deal

Related Questions

What are Sagar Desai's key achievements at Activate Hospitality?
How did Sagar Desai transition from real estate investment banking to hospitality?
What is the strategy behind Activate Hospitality's recent purchase of the West Palm Holiday Inn?
How does Sagar Desai's background in economics and finance influence his approach to hospitality?
What role does Sagar Desai play at Selina, and how does it complement his work at Activate Hospitality?
Sagar Desai
Sagar Desai, photo 1
Sagar Desai, photo 2
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Location

Miami, Florida, United States