Interview with Jaume Tapies, CEO de Aina Hospitality, in Luxembourg.

In the media - 03/10/2017

Jaume Tapies, former CEO of Relais & Châteaux, co-founder of Aina Hospitality Investment Fund in partnership with the Edmond de Rothschild Group gave an interview to Capital, Luxembourg Private Equity Association (LPEA) magazine. He reveals the key points of the fund’s business model and the reasons for deciding to base it in Luxembourg.

What’s the origin of the Aina Hospitality Investment Fund?

Aina originated in the Principality of Andorra, where I’m from. It’s actually the name of a place where my children and the children of my business partner, Liza Masias, used to go to holiday camp. Liza and I worked together previously at Relais & Châteaux, where I was the international CEO until 2013. Liza’s family owns several establishments in Latin America. We identified an opportunity to develop this type of boutique hotel (small luxurious hotels with 40-100 rooms) in major European cities and capitals, whereas Relais & Châteaux are generally located outside urban areas.

How is the Edmond de Rothschild Group working with Aina?

Edmond de Rothschild is one of our founding shareholders. When I left my position as president of Relais & Châteaux to found Aina, we immediately held discussions with the Group, which we knew well as owners of the Domaine du Mont d’Arbois, a superb Relais & Châteaux in Megève. We shared many values, in particular the French art de vivre. To us, it seemed obvious that Edmond de Rothschild would be a sponsor of Aina from the outset of the project. We are also honoured to be part of the Edmond de Rothschild Private Equity platform, which is contributing its full investment fund expertise. Several of the Group’s managers belong to our Board of Directors, providing us with their know-how...

Read the full interview