One competence, applied repeatedly.
Scala Capital was founded to own hotel real estate the way an operator would — with the capital structure, the development programme and the trading performance decided by the same people.
Capabilities
Development
Ground-up hotel development and repositioning. Our record is concentrated in the United Kingdom's airport-hotel segment, where demand is structural and the operating model is well understood.
Investment & structuring
Direct acquisitions, single-asset and portfolio, alongside co-investors and family offices — including senior debt, refinancing and cross-border holding structures.
Asset management
Ownership of the brand and franchise agreements, the capital programme and the trading line. We do not delegate the P&L.
Approach
Operational edge
We underwrite what an asset can trade at under our own management, not what it trades at today. Most of the value we create sits in food and beverage, meetings and events, brand fit and management structure.
Structure first
Capital structure is decided at underwriting, not after. Every acquisition is modelled to the covenant and to the exit.
Scalable by design
One core competence applied repeatedly alongside best-in-class brands, rather than a new model built for each deal.
Markets
Active in the United Kingdom, Germany, Italy and Spain, with the portfolio weighted towards UK airport and city hotels operating under Hilton, IHG and Accor brands.