Hospitality & Travel

Travel and tourism is one of the world’s largest and fastest-growing industries, forecasted to contribute approximately US$12 trillion to the global economy in 2026, equivalent to 9.9% of global GDP, and to grow around 1.5 times faster than the wider economy over the next decade. As AI reshapes the economy and the way we live, we believe distinctive physical experiences, human connection and a genuine sense of place will become increasingly valuable, further strengthening this long-term demand.

At the same time, the market remains highly fragmented. In Europe, independent small and medium-sized hotels account for approximately 63% of hotel-room capacity, creating a significant opportunity to professionalise operations, introduce distinctive brands and build scaled portfolios.

Limestone invests across value-add hotels, opportunistic developments and scalable operating platforms. We combine disciplined acquisition with brand creation, technology and hands-on operations to improve individual assets and build institutional-quality portfolios.