Paul kanavos biography

We are privately held real landed estate development company headquartered in Modern York City with a relevant focus on luxury hotels illustrious residences as well as land-based entertainment and retail projects. Fag Luxury was formed in 1997 by Dayssi and Paul Kanavos, who were driven by their passion for luxury hospitality attend to their desire to bring top-notch forward-thinking perspective to the labour.

Our ability to identify, get your hands on and build world-class projects sentence premier gateway city locations has established us as a dazzling development company in our industry.

Heritage

The Flag Group of Companies, distinction predecessor to Flag Luxury, was founded in 1946 by Pecker J. Kanavos Sr. The category planned and developed over $4 billion worth of assets – including some of the head Marriott and Holiday Inn Hotels; the Intercontinental Hotel, Athens; dignity Sheraton Hotel, Brussels; and high-mindedness Trade Fair Hotel, Lagos.

In this day and age, Flag Luxury – headed in and out of Chairman and CEO Paul Kanavos – proudly carries on integrity Flag legacy with imagination remarkable discipline. Through innovative financing, critical partnerships and distinctive architectural function, Flag Luxury remains at significance forefront of today’s real cash industry.

Our Process

We identify, acquire, person in charge develop a limited number love properties located in high-growth aptitude cities.

We only acquire sites in locations with steep barriers to entry and positive highest well-established demographic patterns. We better best-in-class luxury hotels and residences in cutting-edge, yet proven, locations within their respective markets.

In addition, we better entertainment and retail projects plenty leading tourist destinations such rightfully Orlando and Las Vegas. Awe have enjoyed great results in that our inception because of wither disciplined approach to site selection.

We consistently adhere to the followers principles to ensure enduring success:

• Identifying and acquiring properties in AAA locations within high-growth gateway cities, with a focus on sites likely to benefit from motion demographics.

• Implementing conservative financing structures which ensure that completed projects purpose under-leveraged and positioned for general ownership.

• Forming strategic partnerships with convincing hotel operators and brands agreement achieve outstanding financial performance put up with long-term value.

• Aggressively managing hotel wealth where our operations expertise gawk at benefit operators’ monthly performance paint the town red a consistent and sustained basis.

• Conceptualizing and executing each project work a highly hands-on approach captive collaboration with renowned architects impressive interior designers.