Commercial ObserverArticle
Karim Alibhai Started at Best Western. Now He Rents Rooms at $2,500 a Night.
As room rates at the world’s poshest properties push past $2,000 a night, Karim Alibhai has been snapping up high-profile luxury hotels. Alibhai has built an $8 billion portfolio that includes properties from Chicago to Bermuda to Costa Rica. His company, Gencom, this year paid $320 million for the Ritz-Carlton New…
Read the full report at Commercial Observer
Published by Commercial Observer. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Commercial Observer
- Obtained from
- Commercial Observer
- Published
- Jul 30, 2026
- Last updated
- Jul 30, 2026 (17 days ago)
Global Real Estate Intelligence records where every item came from and when we last refreshed it. Where a field reads Unknown we could not establish it, and we do not guess.
