New Delhi, April 7 -- Savills Plc, a UK real estate advisor, has acquired a majority interest in Hotelivate to expand its hospitality advisory services across the Asia-Pacific region, the London-based company said in a statement on Tuesday. The investment combines Hotelivate's hospitality expertise with Savills' real estate platform to create the Hotelivate-Savills brand.

"This acquisition accelerates Savills' plan to build out hospitality expertise across the APAC region and globally," Martin Fidden, chief executive officer of Savills Asia Pacific (ex-Greater China), told Mint.

Savills did not disclose the amount invested in Hotelivate.

Savills provides services in leasing, capital markets, valuations and project management. Its portf...