Patel Family Office and AHQ Launch $1bn Hospitality Platform

New 'AYARA' platform aims to develop 50 hotels across the U.S. over the next decade.

Mar. 30, 2026 at 3:31pm

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Patel Family Office, a private investment firm, and AHQ, a real estate development company, have announced the launch of a new $1 billion hospitality platform called 'AYARA'. The platform plans to develop 50 hotels across the United States over the next 10 years, focusing on both urban and resort destinations.

Why it matters

This joint venture represents a significant investment in the hospitality industry, which has faced challenges in recent years due to the COVID-19 pandemic. The AYARA platform aims to capitalize on emerging travel trends and demand for new hotel developments in key markets.

The details

The AYARA platform will focus on developing a mix of branded and independent hotel properties, ranging from upscale resorts to extended-stay offerings. The initial pipeline includes projects in major cities like Miami, Los Angeles, and Chicago, as well as resort destinations in Florida and the Southwest.

  • The AYARA platform was launched on March 30, 2026.

The players

Patel Family Office

A private investment firm that is partnering to launch the AYARA hospitality platform.

AHQ

A real estate development company that is partnering with Patel Family Office to launch the AYARA hospitality platform.

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What they’re saying

“We see tremendous opportunity in the hospitality sector as travel demand continues to rebound. AYARA will allow us to develop a diverse portfolio of hotel assets that cater to evolving consumer preferences.”

— Raj Patel, Managing Partner, Patel Family Office

“By combining Patel Family Office's investment expertise and AHQ's development capabilities, we're positioned to deliver exceptional hotel experiences in key markets across the country.”

— Samantha Hernandez, CEO, AHQ

What’s next

The AYARA platform plans to announce its first hotel development projects in the coming months, with the goal of breaking ground on the initial properties by the end of 2026.

The takeaway

This new $1 billion hospitality platform represents a significant investment in the hotel industry, signaling confidence in the sector's recovery and potential for growth in the years ahead.