William Laxton

Some times letting go for family offices is the best strategy MacTaggart's Canons Wharf, Crescent Bristol. (MacTaggart) By William Laxton Mactaggart Family & Partners April 21, 2026 | 7:22 AM When it comes to dealing in property, knowing when to exit is vital. This is especially true for the family office, which has a role in both upholding a legacy across generations and maintaining a healthy balance sheet and cash flow.

The hotel sector offers some of the strongest returns in real estate, alongside some of the greatest complexities. These are operating businesses where the rate charged changes daily, even hourly. Hotels cater to a diverse range of clientele that also can change, if not hourly then certainly at different points during the week. Operating a hotel comes with risk. It is a daily trading business with food and beverage, branding and reputational risk.

Lots of family offices are drawn to hospitality through experience. They know what good quality is. They know who the good operators are. They know the pitfalls of good and bad service. They know which bits of the market they find attractive, which bits they find too risky. It makes it a bit easier, or more intuitive at least, than investing in logistics facilities lent to Amazon.