Some of the locations include the United States, Europe, Canada, Mexico, China, Africa and the Middle East. Many the hotels are located in cities that have a high barrier to entry. Some of the locations would definitely be described as trophy properties. The brands include Ritz Carlton, Intercontinental, Regent, Millinenium and many other world reknown hotel properties.
"Often our client will have a strategic interest in purchasing a particular asset that is not on the market. He will offer Basar Group a retainer fee too entertain an off the market private purchase of a particular property. in many cases we will receive a buyers side fee says Bilal Mansoor President of Basar International Group".
We primarly go after deals that will fit our clienteles strategic interest. We maintain a data base of each client's strategic property profile, prior acquisitions and current market/location expansion desire's. As well as wheter our client is interested in development, joint venturing or acquiring an exsiting turnkey hotel asset. Our buyers include wealthy indiviuals, REIT's, hoteliers, opportunity funds, goverment investment authorities, hedge funds pension funds and many other investment vehicles.