13:45 - 18:00
13:45 - 14:00
Alexi H. Khajavi – Managing Director EMEA & Chair of Hospitality + Travel Group, Questex LLC
Alexi H. Khajavi
Managing Director EMEA & Chair of Hospitality + Travel Group, Questex LLCAlexi Khajavi is Managing Director of the EMEA region and Chairs the Hospitality & Travel Group for Questex LLC. He is responsible for the overall management and development of the company’s global hospitality and destination communications properties and events including the Hotel Management Group, the International Hotel Investment Forum (IHIF) Summit Series, Destination Develop and Destination Development Investment Services, HOTEC and other destination and hotel investment events in the UK, Europe, Middle East, and Africa.
Jonathan Langston – Chair, IHIF Advisory Board
Chair, IHIF Advisory BoardJonathan is a renowned industry commentator who specialises in market demand, financial feasibility studies, strategic planning, and product development. He advises on a wide range of projects from the development of individual budget hotels to multi-component urban and leisure resorts as well as market entry and development strategies.
14:00 - 14:30
An economist’s look at how stable the world’s political and economic situation is, with a special look at elections, Brexit, trade policies, interest rates.
Thanos Papasavvas – Founder and CIO, ABP Invest Ltd
Founder and CIO, ABP Invest LtdThanos is Founder & CIO of ABP Invest, established in 2015 to provide strategic outlook and research on markets, geopolitics, economics and FX. Previously he had been in asset management for 20 years with Credit Suisse Asset Management and Investec Asset Management across fixed income, emerging markets, currency management and multi-asset. Thanos managed portfolios for a number of FTSE, Dow and DAX pension funds, sovereign wealth funds, local authorities and family offices. His team was presented with the “Currency Manager of the Year" award twice, in 2004 and 2010. He began his career working as an Economist for the UK Government Economic Service coincidentally amidst the outset of the ERM Crisis of 1992. Thanos was also the Co-Founder and CIO of Equant-Analytics and Founding Partner and strategic advisor to EMFC Loans Syndication. He is a frequent guest on BBC, CNBC and Bloomberg as well as a regular speaker at business and investment conferences. Thanos has been awarded the CFA Charterholder designation and is a member of the Royal Institute of International Affairs (Chatham House). He holds an MSc Economics from Birkbeck College, University of London. Born in Athens, he has been living in London for over 30 years.
14:30 - 14:50
An overview of who travels where and why, key emerging destinations, spending patterns across the travel experience, and how to manage the impact of over-tourism.
Robin Rossman – Managing Director, STR
Managing Director, STRRobin Rossmann is Managing Director of STR, leading its operations across the Europe, Middle East, Africa, Asia Pacific and Central and South America regions. Robin is focused on continuing to improve the way STR provides the hotel industry with robust and insightful performance benchmarking that enables stakeholders to make better decisions. Prior to STR, Robin was a Senior Director in Deloitte’s Global Hospitality Advisory Team in London. During his 13 years with Deloitte, he advised leading hotel brands, operators, investors and lenders in most major global markets. His wide range of experience includes advising on hotel strategy, business planning, investment appraisal, market reviews, financial and commercial due diligence, IPOs, debt advisory, valuation, financial assurance, controls improvement and risk management.
14:50 - 15:05
An overview of trends in valuations and transactions, looking at capital sources, demand trends and prices.
Chris Day – Global Managing Director, Christie & Co
Global Managing Director, Christie & CoChris Day joined Christie & Co in 1985 and, having worked in the Manchester, Birmingham and London Offices, was appointed Managing Director in 1993. He has overall responsibility for all Christie & Co's specialist transactional and advisory activities. Chris has overseen the successful expansion of Christie & Co into a truly global firm, which currently has 30 offices throughout Europe and an active Asian Investment team.
15:05 - 15:30
Sol Kerzner (KCMG) – Founder, Kerzner International
Sol Kerzner (KCMG)
Founder, Kerzner InternationalSol Kerzner – is the Founder and former Chairman of Kerzner International Holdings Limited. The Kerzner family interests in Kerzner International were sold in April 2014 and Sol Kerzner is no longer involved with Kerzner International Holdings or their group companies. Mr Kerzner decided to retire in early 2016, but continues to pursue a number of personal and philanthropic interests.
Followed by interview of the winner by
Michael Hirst OBE – Consultant, CBRE Hotels
Michael Hirst OBE
Consultant, CBRE HotelsMichael Hirst is consultant to CBRE Hotels, the world’s leading hotel experts, where he provides general advice and support in respect of business development.
15:30 - 16:20
Examining the state of hospitality investment and trends to come, including key investors and alternative sources of capital and debt, key markets and next investment hotspots, and major trends to expect in the coming years.
Michael Fishbin – Global Hospitality Leader, EY
Global Hospitality Leader, EYMr. Fishbin is EYs Global & Americas Hospitality Leader. He is an active advisor to leading hospitality and leisure companies, developers, owners, private equity funds, lenders and governments in all aspects of hospitality, leisure and tourism. Recently, he has served as the lead transaction advisor on a number of significant hospitality M&A transactions.
In conversation with:
Abhishek Agarwal – Managing Director, The Blackstone Group
Managing Director, The Blackstone GroupAbhishek Agarwal is a Managing Director in the Real Estate Group based in London. Mr. Agarwal is currently responsible for Blackstone’s hospitality investments in Europe. Since joining Blackstone in 2008, Mr. Agarwal has been involved in real estate investments in various property sectors across Europe including Hispania, HI Partners, Broadgate and Chiswick Park amongst others.
Khaled Bichara – Chief Executive Officer, Orascom Development Holding
Chief Executive Officer, Orascom Development HoldingKhaled Bichara is the Chief Executive Officer of Orascom Development Holding, a co-founder of Accelero Capital and previously served as Group President and Chief Operating Officer of VimpelCom Ltd. He was also CEO of Orascom Telecom Holding S.A.E. and COO of Wind Telecomunicazioni S.p.A. Mr Bichara played a pivotal role in the merger of VimpelCom with Wind Telecom to create the world’s sixth largest telecommunications carrier with a total value of USD 25.7 billion. He managed ten operations across the globe through Orascom Telecom and Wind Italy, and 22 operations across the globe through VimpelCom. Mr Bichara was appointed Chief Executive Officer of Orascom Telecom and Wind Telecom in 2009, bringing with him a wealth of experience in both telecommunications and information technology coupled with strong management and entrepreneurial expertise. Prior to this he was Chief Operating Officer of Wind Italy which he joined in 2005, heading the fixed line and portal business unit before becoming Chief Operating Officer: during this time he played a key role in the company’s restructure, completing the successful turnaround of Wind Italy from a continuously loss-making company to one of the leading European mobile, fixed line and broadband integrated operators within three years. Prior to joining Wind Italy, Mr Bichara was the co-founder, Chairman and CEO of LINKdotNET (LDN), one of the largest private Internet Service Providers in the Middle East. In 2001, following successful negotiations, Microsoft chose to partner with LDN to launch MSN Arabia, the Middle East’s first global portal, bringing the full experience of MSN to the region’s internet users. In 2011 he served as Group Executive Chairman of Orascom Telecom and Chairman of Wind Italy, and is currently a board member of various telecom and IT companies, including SUPERNAP International S.A, developer of the world-renowned SUPERNAP data centers. He is also a board member of Orascom Construction Limited (a company listed on both the NASDAQ Dubai and the Egyptian Stock Exchange) and Orascom Development Egypt S.A.E (listed on the Egyptian Stock Exchange). Mr Bichara is a member of the Advisory Board for the Computer Science and Engineering Department of the American University in Cairo and was previously a member of the GSMA board. He holds a Bachelor of Science from the American University in Cairo.
Cody Bradshaw – Managing Director and Head of International Hotels, Starwood Capital Group.
Managing Director and Head of International Hotels, Starwood Capital Group.Cody Bradshaw is a Managing Director and Head of International Hotels at Starwood Capital Group. In this role, he oversees the Firm’s hospitality acquisition and asset management activities across Europe and Asia Pacific. In addition, Mr. Bradshaw oversees North America hotel asset management. His portfolio responsibilities have included numerous major lodging investments, including the Firm’s ownership of Louvre Hotels, one of the largest hotel chains in Europe with over 1,000 hotels across more than 40 countries. He also played a leading role in managing and growing The Principal Hotel Company portfolio which included over 50 properties and 7,400 keys across the United Kingdom—highlighted by the launch of the Principal brand in 2016 as well as the remarkable £90m+ restoration of the former Hotel Russell, turning it into an iconic flagship hotel of the Principal brand: The Principal London.
Mai-Lan de Marcilly – Mai-Lan de Marcilly, Director and Head of Hotels Europe, KKR
Mai-Lan de Marcilly
Mai-Lan de Marcilly, Director and Head of Hotels Europe, KKRMai-Lan de Marcilly joined KKR’s real estate team in 2013 and is in charge of France and hospitality investments. Prior to joining KKR, Ms. de Marcilly was at PGIM in London where she focused on pan-European opportunistic and value added investments across sectors. Ms. de Marcilly also worked at LaSalle IM, Morgan Stanley Real Estate Funds, and RBS in Paris and London. Ms. de Marcilly holds an MBA from ESSEC Business School, Paris.
Christophe Vielle – CEO & Co-Founder, GCP Hospitality (Gaw Capital Group)
CEO & Co-Founder, GCP Hospitality (Gaw Capital Group)Mr. Vielle is currently the CEO and Co-founder of GCP Hospitality. Since he launched the company in 2008, Christophe has developed a portfolio of over 39 properties and built an impressive performance track record with double digits IRR year on year.
16:20 - 16:30
The Hospitality Asset Managers’ Association Europe presents the 2019 HAMA Award.
Theodor Kubak – Managing Partner, Arbireo Hotel Invest
Managing Partner, Arbireo Hotel InvestTheodor Kubak is a Managing Partner at Arbireo Hotel Invest the Hotel Investment, Asset Management and Management arm of Arbireo Capital. In this role, he oversees the firm’s hospitality acquisition and asset management activities.
Christian Youens – Principal, Cedar Capital Partners and VP HAMA Europe
Principal, Cedar Capital Partners and VP HAMA EuropeChristian Youens is responsible for Cedar Capital’s hotel portfolio asset management activities. Prior to joining Cedar Capital in 2014, he worked for London and Regional Properties where he held the position of Head of Hotel Operations, Asset Management and Investments. During his time at London and Regional, Mr. Youens oversaw the operations and asset management of over 5,000 hotel rooms across 14 hotels worldwide. He implemented various multi-million capital investment programmes, negotiated lease contracts and hotel management agreements and acquired five further hotels. Mr. Youens was previously with various hotel operators and owners including Thistle Guoman Hotels, Hilwood Resorts, Lotus Investment Fund and others, where he held various positions in Finance, Feasibility and Development.
Michael Grove – Director of intelligence and customer solutions, EMEA, HotStats
Director of intelligence and customer solutions, EMEA, HotStatsMichael has recently joined Hotstats as Director of Hotel Intelligence & Customer Solutions, EMEA. HotStats, is a benchmarking company focusing of monthly P&L benchmarking for the hotel industry. HotStats collects monthly detailed financial data from over 3000 hotels worldwide from over 100 brands and independent hotels, and provides over 100 different KPIs covering all operating revenues, payroll, expenses, cost of sales and ultimately departmental and total hotel profitability.
16:30 - 17:10
Examining the rising importance of asset management in investors’ strategies, and how it affects the relations between owners, investors and operators.
Ben Godon – Head of Hospitality Asset Management, Colliers
Head of Hospitality Asset Management, ColliersAs Co-Head of the Hospitality Asset Management division, Ben helps to develop the business nationally and internationally based upon his extensive knowledge and experience within the hospitality sector.
In conversation with:
John Brennan – CEO, Amaris Hospitality
CEO, Amaris HospitalityUnder John’s leadership, Amaris Hospitality is currently undertaking a £100 million transformational investment programme aimed at leveraging the size and scale of the Group’s portfolio of hotels and brands. Between 2008 and 2014 John held the role of Chief Executive Officer of Jurys Inn Hotel Group. In this time he oversaw the development and implementation of an ambitious growth, develop and investment programme aimed at transforming and growing the Jurys Inn business and repositioning Jurys Inn as a leading mid and upper market hotel brand. This strategy culminated in the successful sale of Jurys Inn to Lone Star in January 2015 for £680 million.
Michael Saran – Chief Executive Officer, Odien Group
Chief Executive Officer, Odien GroupMr. Saran is the founder of Odien. Prior to founding Odien as an investment firm in 2004, Mr. Saran worked in private investment firms in London, Boston, and Prague. Mr. Saran is also the founder of Sport 2 Life, a foundation aimed at supporting the education, development and health of youth through their participation in organized sports. Mr. Saran graduated from Stanford University with two B.A degrees in Economics and International Relations and received his MBA from Harvard Business School. He is fluent in Turkish and German and conversant in Czech.
Gaël Le Lay – Deputy Chief Executive Officer, Covivio Hotels
Gaël Le Lay
Deputy Chief Executive Officer, Covivio Hotels
17:10 - 17:35
What’s on the mind of a CEO leading a 100-year-old brand into the future? Hear from a hospitality leader on strategy to sustain and boost the performance of a major company.
Christopher J. Nassetta – President and CEO, Hilton
Christopher J. Nassetta
President and CEO, HiltonChristopher Nassetta is President and CEO for Hilton. He joined the company in 2007.
Nick Ross – Broadcaster, Journalist, Campaigner and Conference Host
Broadcaster, Journalist, Campaigner and Conference Host
17:30 - 17:45
18:00 - 19:00
The IHIF CEO Council is a gathering of hospitality CEOs, offering an informal environment to share ideas and experiences with peers at the top of the sector. The discussions follow Chatham House rule, ensuring confidentiality and free debate.
18:00 - 19:00
18:30 - 20:30
The opening night Global Welcome Reception is a delicious way for attendees to “taste” the opportunity at IHIF, with a trip around the globe: a walk through the exhibition hall to experience flavours from all around the world, a celebration of culture, diversity and the coming together of so many nations.
9-10- October 2019
Exact dates and location to be confirmed in due course
Exact dates and location to be confirmed in due course
Exact dates and location to be confirmed in due course