Karim Alibhai Started at Best Western. Now He Rents Rooms at $2,500 a Night. – Commercial Observer
As room rates at the world’s poshest properties push past $2,000 a night, Karim Alibhai has been snapping up high-profile luxury hotels. Alibhai has built an $8 billion portfolio that includes properties from Chicago to Bermuda to Costa Rica. His company, Gencom, this year paid $320 million for the Ritz-Carlton New York, Central Park. Since […]