In November, James Kaplan, CEO of Destination Capital, spoke at Kyoto University about post-conflict tourism and the importance of seizing the opportunity to program hotels with energy and water-saving systems in order to protect the environment, save money, and attract guests who will demand that hotels adhere to certain sustainability protocols. The talk touched on a variety of subjects, including trends, technology, design, and finance. COVID-19 has already effected significant changes in human behavior, social customs, attitudes, the role of government in the economy, and connections betw ..read more

Destination Capital has announced the launch of the world’s first Green Hotel Fund and partnership with the International Finance Corporation’s (IFC) “Excellence in Design for Greater Efficiencies” (EDGE) green building certification. The objective is to raise capital and financing to acquire freehold hotels in prime destinations that would rebound the quickest after Covid 19, and then renovate them as per the EDGE standards, reposition them to reflect their ‘Green” credentials and then to rebrand them to increase the value of the properties in order to generate meaningful returns to investor ..read more

Destination Capital (DC) has signed a collaborative arrangement with the World Tourism Organization (UNWTO) of the United Nations to support the rejuvenation of the hotel industry. The arrangement supports the relationship DC has with the International Finance Corporation (IFC) to promote investment in green and sustainable tourism accommodation and to stimulate re-employment, particularly in the wake of the COVID-19 pandemic. The collaboration between UNWTO and Destination Capital is based on DC’s adoption of best practices aimed at reducing carbon emissions and operating hotels in a manner ..read more

Destination Capital has announced the launch of the world’s first Green Hotel Fund and partnership with the International Finance Corporation’s (IFC) “Excellence in Design for Greater Efficiencies” (EDGE) green building certification. The objective is to raise capital and financing to acquire freehold hotels in prime destinations that would rebound the quickest after Covid 19, and then renovate them as per the EDGE standards, reposition them to reflect their ‘Green” credentials and then to rebrand them to increase the value of the properties in order to generate meaningful returns to investors ..read more

Destination Capital and Thailand’s KTB Securities (KTBST SEC) have launched DESCAP 1 Private Equity Trust, which will aim to raise 2.5 billion baht (US$79.9 million) and offer an alternative asset class for investor portfolios. The trust will acquire freehold four-star hotels of 150 to 250 rooms in prime destinations of Bangkok, Pattaya, Hua Hin and Phuket, which are viewed as destinations expected to rebound the quickest after Covid-19. The investment strategy is to acquire urban and resort hotels, and then renovate, reposition, and rebrand them to increase their value in order to generate me ..read more

Destination Capital (DC) signed an agreement with KTB Securities Thailand (KTBST) and MFC Asset Management to launch the DESCAP 1 private equity trust, which will acquire hotels in Thailand. The trust is targeting investor returns of up to 15% per year with a 5-7 year holding period. James Kaplan, chief executive of DC, said the company will source, acquire, reposition and asset manage hotels acquired by DESCAP 1, with KTBST acting as trust settlor and trust manager, while MFC is a trustee under the Securities and Exchange Commission (SEC) regulated structure. From left Mr Natthapong, Mr Kapla ..read more

Destination Capital has signed an agreement with KTB Securities (Thailand) Public Company Limited (KTBST SEC) and MFC Asset Management Public Company Limited (MFC) to capitalise and launch the DESCAP 1 Private Equity Trust, which will acquire hotels in Thailand targeting investor returns of up to 15 per cent per year with a 5–7 year holding period.  James A Kaplan, CEO of Destination Capital, says that DC will source, acquire, reposition and asset manage hotels acquired by DESCAP 1 Private Equity Trust with KTBST SEC acting as Trust Settlor and Trust Manager and MFC as Trustee under this ..read more

Destination Capital (DC) has signed an agreement with KTB Securities (Thailand) and MFC Asset Management to capitalise and launch the DESCAP 1 Private Equity Trust, which will acquire hotels in Thailand. The trust units, which are subject to Securities and Exchange Commission regulations, will be available to both foreign and domestic investors for subscription in October, with target capitalisation of Bt2.5 billion. The trust has a five-year investment period extendable subject to market conditions by two years, targeting annual returns of up to 15 per cent. DC will source, acquire, repositio ..read more

Bangkok – September 30th, 2020 – Destination Capital PTE. LTD. (DC)  signed an agreement with KTB Securities (Thailand) Public Company Limited (KTBST SEC) and MFC Asset Management Public Company Limited (MFC) to capitalize and launch DESCAP 1 Private Equity Trust which will acquire hotels in Thailand targeting investor returns of up to 15% per year with a 5 – 7-year holding period.   Mr. James A. Kaplan, CEO of Destination Capital PTE. LTD. (DC), said that DC will source, acquire, reposition and asset manage hotels acquired by  DESCAP 1 Private Equity Trust with KTBST SEC acting ..read more

Bangkok-based real estate advisory firm Destination Capital will join forces with its capital partners to acquire, manage and rebrand hotel assets in Thailand and across Asia-Pacific in a bid to revitalise the hospitality sector. Destination Capital (DC) was recently formed as an investment fund to partner with private equity and institutional funds to source hotel acquisition opportunities and asset manage in the Asia-Pacific region, with an emphasis on Thailand. The company is part of Asia’s leading hospitality operator, Destination Group, which has a 24-year track record in Thailand of buyi ..read more