AKA

Urban high-rise properties in some of the most exclusive neighborhoods in the world, AKA operates as 100% furnished residences and/or boutique hotel properties. These buildings offer the quality and spaciousness of the finest condominiums, with the amenities and services of a luxury hotel.

AKA offers sophisticated hotel accommodations and spacious furnished residences with exceptional business, wellness and lifestyle amenities. While there are a few well established brands in Europe and Asia, through years of experience in the furnished apartment business, Korman identified a significant lack of luxury accommodations in the United States. With a solid record of catering to savvy global travelers and a strong repeat business clientele, AKA is designed to meet this need in the most upscale of markets and is recognized as the leading provider of luxury long-term accommodations.

The brand’s clientele is generally in need of an accommodation from a few days to three months, and due to their profession or lifestyle, tend to have repeated needs. As leaders in long stay living, AKA introduced its core residential philosophies and sophisticated design to evolve the typical hotel stay into a higher-quality more livable experience – Hotel AKA.

Both AKA Hotel Residences and Hotel AKAs feature amenity spaces that provide an inviting environment to unwind quietly or engage with other residents. Thoughtfully designed fitness centers, lounges, work-spaces and cinemas are a natural extension of the room . AKA prides itself in its carefully selected food and beverage outlets, which features the work of world-renowned chefs including Greg Vernick, Ellen Yin, Wolfgang Puck and David Meyers.

OPERATIONAL EXCELLENCE 

 

AKA was recognized in 2020 as the world's top operator by the Association of Serviced Apartment Providers, the industry's benchmark, at their annual London gala.

AKA Brand
Investment Strategy

Target Properties:
100–250 Key Hotel or Residential building located in prestigious metropolitans offering a mix of leisure and corporate demand with opportunity to enhance value through improved management, rebranding and renovation.

Platform Objectives:
AKA drives ADR through a superior offering and guest experience. The AKA operating model optimizes expense efficiencies by extending length of stay and minimizing OTA usage through direct sales to achieve a higher EBITDA margin. The differentiated strategy allows investors to maximize value through flexible exit options.

Investment Inquiry

AKA Hotel Residences

AKA Hotel Residences are considerably larger than standard hotel accommodations, providing ample space for relaxation—whether staying for a week, a month or longer. Most suites have separate living and sleeping areas to conduct business or entertain as one would at home. Kitchens include high end appliances and all the cooking accessories needed to prepare a fabulous meal.

Hotel AKA

The world’s most livable hotels. Hotel AKAs feature short-stay accommodations with a sense of home. Through design, well-curated guestrooms and suites include thoughtful residential touches, creating a more comfortable, livable environment.

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