An Alliance of Best-in-Class Operating Experience & Global Financial Strength

Electra America Hospitality Group

Electra America Hospitality Group (EAHG) is a unique joint venture between Electra America, a leading real estate operator and capital provider, and AKA, the global leader in luxury hotel residences.

The partnership is designed to capitalize on dislocation in the hotel industry. Marrying Electra’s multifamily expertise in value-add investing and repositioning with AKA’s unique, design-driven philosophy and loyal customer base, EAHG generates premium returns for investors through the acquisition, renovation, and management of well-located hotels assets with upside potential in major U.S. markets.

Map of Electra America Hospitality Group locations at Electra America in Lake Park, Florida

A Powerhouse Partnership

Electra America Hospitality Group brings together two of the most successful, innovative private real estate equity firms and operators in the marketplace today: Electra America and AKA.

Together, these two firms boast:

  • A Highly Experienced Leadership Team
  • $6.85 Billion of Combined Assets Under Management
  • Deep Relationships in the Marketplace
  • Economies of Scale
  • Historical Experience
  • Established Track Record with Investors
A savvy investor shaking hands with a senior executive outside our corporate office at Electra America in Lake Park, Florida
Exterior view of a luxury hotel in Beverly Hills purchased by Electra America in Lake Park, Florida

Why Extended-Stay Boutique Hotels?

2020 upended the hospitality industry as we know it, but leisure and business travel is expected to rebound in 2021 and beyond, and the demand for long-term accommodations in particular will skyrocket.

EAHG has identified an opportunity to acquire boutique hotel assets in gateway markets including New York City and Miami, at an attractive basis below replacement costs. This provides the chance to fill a specific niche in the short-term-rental market that will be increasingly in demand as the hospitality industry recovers.

The union of Electra and AKA Represents an unparalleled opportunity for investors to capitalize on:

  • Growing Demand

    Post-COVID trends supporting fewer but longer trips and an increased understanding of the extended stay benefits.

  • Pioneering & Award Winning Brand

    Only luxury extended-stay hospitality brand in the U.S. that understands the needs of the long-stay clientele.

  • Outstanding Leadership Team & Culture

    Leadership team with breadth of experience that is also known for integrity, innovation and a committed and collaborative operating philosophy.

  • Partnership with Investment Leaders

    The AKA brand has attracted the attention of global investment leaders with top-tier partners.

  • Prime Real Estate

    Outstanding locations within the top gateway markets.

  • Enhanced Margins

    Hotel revenue with multifamily-like expenses.

  • Proven Length-of-Stay Model

    77% of residents stay a week or longer.

  • Scalable Platform

    AKA’s infrastructure provides multi-disciplinary expertise and efficiency gained through synergies.

  • Generates Value for Partners

    Value through diligent acquisitions, property improvements, and conversion to a highly efficient business model that produces premium returns.

About Electra America Hospitality Group

Electra America Hospitality Group is a vertically integrated real estate investment firm focused on opportunistic investment in the boutique urban hotel sector. It is a joint venture between Electra America and AKA. Electra America is the Sunbelt leader in multifamily investing and repositioning.

One of the fastest-growing real estate owner-operators in the U.S., Electra America holds and manages more than 90 multifamily properties totaling 34,000 apartment units in the Southeast/Sunbelt region, with $4.5 billion in assets under management. The executive team has over 30 years of expertise in value-add investing. Electra America is the U.S. affiliate of Electra Real Estate Ltd., which owns, operates and develops commercial real estate properties in Israel, Europe, North America, and India.

Founded in 1994 and based in Tel Aviv, Electra Real Estate Ltd. is a subsidiary of Elco Ltd., a global company active in 15 countries and valued at $566 million that is publicly traded on the Tel Aviv Stock Exchange (TASE).

The Electra America Hospitality Group logo at Electra America in Lake Park, Florida
Luxury high-rise extended stay property's living area by Electra America in Lake Park, Florida
Luxurious rooftop lounge with an amazing skyline view at twilight at a high-rise extended stay property in New York by Electra America in Lake Park, Florida

About AKA

AKA, a division of Korman Communities, balances the style and hospitality of an intimate hotel with the space and comfort of a fully appointed luxury condominium. With premier locations in high-barrier to entry markets, AKA features a design-driven portfolio and first-class amenities and service. Designed for weekly and monthly stays, AKA offers spacious and sophisticated furnished residences with exceptional business, wellness and lifestyle amenities, within iconic New York City, Los Angeles, Philadelphia, DC, and London neighborhoods.

Named by the BBC as the leading international luxury long-stay brand, AKA remains the world’s most trusted furnished apartment provider. Through years of experience in the furnished apartment business, Korman identified a significant lack of luxury long-term accommodations in the United States. AKA is designed to meet this need in the most upscale markets and has emerged as the leading provider of luxury long-term accommodations. www.stayaka.com.

The AKA logo on our website at Electra America in Lake Park, Florida

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