NEW YORK, Jan. 13, 2021 /PRNewswire/ -- GTIS Partners LP ("GTIS"), a real estate private equity firm headquartered in New York City, with offices in São Paulo, Los Angeles, San Francisco, Atlanta, Paris and Munich, today announced that the Palácio Tangará, a hotel it developed in São Paulo, Brazil through institutional private equity funds has been recognized as 2021's Best Hotel in Brazil on Condé Nast Traveller's annual Gold List.