NEW YORK—Standard International, parent company of the Bunkhouse Group and Standard Hotels, has announced that its pipeline comprises fifteen projects worldwide, including plans to add a new hotel in New Orleans, Chicago, Austin and Atlanta.
Less than 18 months after a $58 million-dollar capital infusion from Bangkok based real estate development firm Sansiri PCL, the company has solidified twelve new Standard hotels in Paris, London, Mexico City, Milan, Lisbon, Chicago, the Maldives, Bangkok, Hua Hin, Phuket, Jakarta, and Pattaya as well as three new Bunkhouse hotels in Austin, Atlanta and New Orleans. These projects include the first mixed-use, branded residential projects for both Bunkhouse and Standard
Amar Lalvani, CEO of Standard International said, “This is an exciting time for our team. We have a global pipeline of incredible projects well underway in some of the most interesting places in the world, all with first-rate partners.
Sophisticated hotel owners and developers have taken note of how genuine and rich our culture and creativity are compared to the plethora of soulless ‘lifestyle brands’ popping up seemingly at every turn. We are excited to open the doors of The Standard, London very soon to demonstrate our unique take on hospitality to a new region of the world for us.”
In addition to Standard International’s pipeline growth, the company just became the first in the industry to incubate and launch a venture-backed technology company, One Night.
Launched in 2016, One Night is a same-day hotel booking app operating in 17 cities with a curated list of more than 200 experientially driven hotels. With the recent investment from SWaN & Legend Venture Partners, One Night will spin out as a separate company, although Standard International remains the majority owner.