Adjacent Spaces will be held at The Pullman Hotel Berlin Schweizerhof on Tuesday 3rd March 2020 during the IHIF programme and will discuss adjacent concepts including; hostels, co-living, co-working, student accommodation, serviced apartments, senior living, and more. This event will explore investing beyond the hotel room and is open to all registered delegates of IHIF.
For more information on Adjacent Spaces, click here.
09:00 - 09:15
09:15 - 10:00
A panel of pioneering CEOs share how they are following their visions to deliver innovative real estate concepts.
10:00 - 10:20
An Overview of the adjacent spaces market opportunities, where they fit in with other asset classes, which are growing fastest by market, performance overview
David Batchelor – Executive Director, A&T Services Operational Real Estate, CBRE
Executive Director, A&T Services Operational Real Estate, CBRE
10:20 - 11:00
The meteoric growth in the now busy hotel sector has led investors to look sideways at alternative opportunites, but which ones are presenting the best opportunities? And why?
Rami Badr – Managing Director, Orion Capital Managers
Managing Director, Orion Capital Managers
Rami is a Partner and Managing Director of Orion and is primarily located in London. Since joining Orion in 2002, he has been involved in acquisitions, asset management and realisations for the Orion European RE Funds across Europe with a particular focus on larger corporate transactions, pan-European portfolios, debt acquisitions, restructurings and retail investments. This includes active involvement in investments such as Infracity in Stockholm, Puerto Venecia in Spain, the equity participation in Société Foncière Lyonnaise, the debt acquisition and restructuring of the Spanish company Inmobiliara Colonial or the Sotogrande resort relaunch. Before joining Orion he was an associate at Arthur Andersen within the transaction support team, advising large corporations on their RE strategies. Rami is a graduate of Ecole Polytechnique.
Laura Brinkmann – Vice President, Brookfield
Vice President, Brookfield
Erik Jacobs – Founder, HORECA Investment Partners
Founder, HORECA Investment Partners
HORECA Investment Partners, an investment platform exclusively representing a family conglomerate based in Asia. HORECA targets investments into hospitality ranging from real estate, operating platforms to technology start-ups.
Our current portfolio in Europe includes the 25Hours Hotel Terminus Nord in Paris (real estate) and we have ownership stakes in Cycas Hospitality (leading pan-European hotel management platform) and Arcade Food Theatre (London based food-market concept). Further we have a number of positions in smaller technology related start-ups.
Erik has a strong mix of experience in both the principal investment arena as well as in the transaction advisory space. Most recently Erik was responsible for European Capital Markets at JLL Hospitality Group.
Prior to JLL, Erik was responsible for European hotel investments at Invesco Real Estate. At Invesco Erik executed various hotel transactions throughout Europe. This covered a large variety of investment ranging from very institutional leases to operationally geared portfolios, from corporate investments in hotel companies to loan investments with hotels as collateral.
Prior to Invesco Erik was responsible for hotel transactions and asset management at Morgan Stanley for the opportunistic Morgan Stanley Real Estate funds.
Puneet Kanuga – Head of Hospitality Investments, Queensgate Investments LLP
Head of Hospitality Investments, Queensgate Investments LLP
Mr Kanuga is Head of Hospitality Investments at Queensgate Investments LLP, focusing on acquisitions in Europe and the US. Mr Kanuga joined Queensgate from the Rosewood Hotel Group, where he led the growth for Pentahotels, a global lifestyle hospitality platform. Prior to that, Mr Kanuga was Director at HVS Hodges Ward Elliott, a brokerage and investment advisory firm specialising in hotel M&A.
11:00 - 11:30
11:20 - 11:45
Experience the birth of an alternatve asset development and the journey to exit from the perspective of someone who has lived it.
11:45 - 12:20
The student housing market in Europe is going from strength to strength, this session will focus on the reasons why this happened and how it has been possible and how some developers have fallen in love with this alternative sector.
Jo Winchester – Head of the Student Accommodation Valuation and Advisory Team, CBRE
Head of the Student Accommodation Valuation and Advisory Team, CBRE
Jo is head of the student accommodation Valuation and Advisory Team at CBRE and is a leading valuer of student accommodation across EMEA with 16 years’ experience in the sector. The CBRE student accommodation team works with all the leading active investors, developers, owner-operators and lenders looking to deploy capital in student accommodation across EMEA.
More recently, Jo has also been working with clients active in the emerging Co-living sector. These organisations are a mixture of specialist and hybrid co-living providers, such as The Student Hotel and The Collective, and student players who are now diversifying into Co-living.
In conversation with:
Niamh O'Connor – CEO, Summix Capital Limited
CEO, Summix Capital Limited
12:20 - 13:00
Hostels are no longer the reserve of backpackers: new hostel brands are offering something from everyone, from low-budget groups to discerning travellers looking for better design on a budget. What's the investment opportunity, and is this maturing market getting better at meeting the needs of investors?
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, KKR
Mai-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.
Henri Wilmes – Chief Investment Officer, a&o Hostels
Chief Investment Officer, a&o Hostels
13:00 - 14:00
14:00 - 14:35
The hospitality sector has fully embraced co-working. Offices spaces are experiencing a 'hotelification' trend while hotel lobbies have become informal working spaces. But how can hotels best approach the co-working trend and generate profits?
Will Duffey – Executive Vice President, Hotels & Hospitality, JLL
Executive Vice President, Hotels & Hospitality, JLL
In conversation with:
Stéphane Bensimon – CEO, Wojo
Guy Ivesha – CEO & Founder, Maslow’s
CEO & Founder, Maslow’s
Guy Ivesha is the CEO of Maslow’s, the hospitality-led, workspace and lifestyle concept that launched its first property, Mortimer House, in London’s Fitzrovia in late 2017. Previously Guy was Head of Acquisitions and Development for PPHE Hotel Group, the largest owner,
developer and operator of hotels in London. Guy was instrumental in the growth and success of the company, which have enabled it to achieve and exceed its expansion plans and financial objectives. In addition, Guy was responsible for establishing the group’s entire restaurant and bar operation and concept creation with great success.
Prior to joining PPHE Hotel Group Guy was the Director of Hotel Development for El-Ad Properties NY from 2005-2009, a major real estate development firm based in New York, where he oversaw the re-development, re-opening and asset management of the iconic Plaza Hotel. Earlier in his career, Guy was a consultant at TRI Hospitality Consulting Ltd. (acquired by CBRE Hotels). Guy and members of his family are shareholders in PPHE Hotel Group Limited.
With hospitality at his heart Guy has pioneered the creation of Maslow’s whose first project Mortimer House and Kitchen sits within a six-storey Art Deco building in London’s Fitzrovia. Built upon Maslow’s principles and hierarchy of needs - a philosophy of human motivation and happiness that is central to its existence - Mortimer House is a private community with an all-encompassing gamut of work areas, a restaurant and bar, gym, yoga studio, communal lounge, bar and loft space with adedicated meditation room set over eight floors. The community generates a monthly calendar of events for members drawing direction from Maslow’s founding principles.
14:35 - 15:10
This session will look at how professional operators can take advantage of the massive ageing market to deliver reliability and profits while minimizing risk. And which segment is likely to yield better results.
Roger A. Allen – Group CEO, Resources for Leisure Assets
Roger A. Allen
Group CEO, Resources for Leisure Assets
Roger is the Founder and Group CEO of Resources for Leisure Assets (RLA) a recognized global advisory to investors, owners, developers and management companies in wellbeing hospitality, specializing in hotels, resorts, residential, mixed-use, healthcare, active living communities and health tourism developments.
RLA works closely with project stakeholders across four continents from its offices in Sonoma, Vienna and Dubai to provide conceptual, financial analysis and asset management of complex assets such resorts and destination assets.
For more than 20 years, Roger has been working on multiple levels of project development in the hospitality and leisure industries, developing a singular expertise in wellbeing asset management and the complexity of project planning through to delivery and operations.
Roger has worked with most of the leading hotel operating brands, is a former a partner at Horwath HTL for Central and Eastern Europe, Russia and CIS Countries and was a co-author contributor to the book ‘Hotel & Resorts Valuation – An Investors Guide’ and is a member of the International Society of Hospitality Consultants (ISHC).
In conversation with:
Jean-François Garneau – Senior Vice-President of Resort Development, Propriétés & Co
Senior Vice-President of Resort Development, Propriétés & Co
Strategic thinker and creative builder, JF is Senior Vice-President of Resort Development with Propriétés & Co, an integrated resort creation company, where he oversees strategy and development of the French group’s resort properties in Europe.
He is also the founder and Director of INITIAL Real Estate, a Canadian and Swiss-based innovative strategic planning and project management company that bridges the worlds of creativity, research and business.
Working with visionary developer partners around the globe, he has created development strategies and provided creative direction for resort projects on three continents. A keen study of “people places”, he has been involved in the creation of many large-scale luxury resort real estate projects, notably as Vice-President for Master Planning and Envisioning with Intrawest.
JF’s background in architecture, urban design, and his over 35 years of diversified resort development and planning experience have allowed him to develop a unique expertise in finding creative solutions and developing execution strategies for the creation of compelling and memorable places. JF is also co-chair of ULI Europe’s Hospitality Council.
Gregory Gilbert – Principal, Benson Elliot
Principal, Benson Elliot
Gregg is a Principal and Head of Iberia at Benson Elliot, a pan-European real estate private equity fund investing across all asset classes. He dedicates his time to originating and analysing new equity and debt investment opportunities across Europe, with a primary focus on Spain and Portugal. In addition, Gregg manages Benson Elliot’s current investments in Spain.
Gregg joined Benson Elliot in 2011 from Colony Capital, where he worked on debt and equity investments across Europe. Earlier in his career Gregg was a consultant at ERA, advising clients on the market and financial feasibility of large-scale hotel, residential, and leisure developments across the United States, Asia, Latin America, and the Caribbean. Gregg received his BA from Dartmouth College, an MA in International Affairs from the Lauder Institute at the University of Pennsylvania, and an MBA from the Wharton School.
Paul Morgan – Managing Director – Operations, Audley Group
Managing Director – Operations, Audley Group
Paul joined Audley Group in 2007 as Operations Director and was promoted to Managing Director – Operations in early 2017. Previously Paul held senior management posts at Hilton UK, Corus and Regal Hotels and was Operations Director for Bespoke Hotels.
Paul’s key responsibilities are for all of the operating departments within the Audley Group portfolio, including the restaurants, bars, health clubs and Audley Care, the Company’s domiciliary care arm, as well as the HR disciplines across the Audley Group. Providing the strategic management of these businesses, Paul ensures delivery to the highest standards in both the care and hospitality sectors.
Through a fulfilled and well trained team, Paul is delivering a consistent, profitable service to Audley Group’s internal and external customers.
15:10 - 15:55
An overview of the business models, investment opportunity and funding options in the market, examining the tools to succeed in this growing segment.
In conversation with:
Robert Alley – Chief Operating Officer, Roomzzz Aparthotels
Chief Operating Officer, Roomzzz Aparthotels
Robert has been leading Roomzzz Aparthotels as COO through an exciting period of growth. With four stunning new projects opened in the last 2 years Roomzzz have doubled revenues and are set to double again with an ambitious pipeline of expansion beyond the UK.
Roomzzz is well established in the exciting aparthotel sector providing stylish apartments with high guest satisfaction and strong sentiment for business and leisure guests. Robert is an industry veteran with over 30 year’s hospitality experience at some of the world’s largest hotel brands. He drives the business with a successful team focus on customer experience, brand development, commercial strength and leadership to take the group through the next few years of growth as an innovator and market leader.
Alex Ducharme – Round Hill Capital
Round Hill Capital
Anastasia Osipov – Development Manager, Adina Apartments
Development Manager, Adina Apartments
16:20 - 16:55
As an innovative accommodation concept, how is co-living inspiring hospitality?
Philip Bacon – Director, Planning and Development & Valuations, Horwath HTL
Director, Planning and Development & Valuations, Horwath HTL
Chartered Accountant and member of the Royal Institution of Chartered Surveyors with over 35 years’ experience in professional business advisory services and general management in a wide range of independently-managed and publicly-listed international companies
Comprehensive experience over more than 25 years of all aspects of hotel and resort development and operations, with particular expertise in residential business models and mixed use developments, managing projects and cross-functional international teams during development, start up and operational launch
Personally involved in the development of luxury branded residences involving brands such as Mandarin Oriental, Four Seasons, Fairmont, Jumeirah and Armani.
15 years’ international consulting experience of hotel valuations and feasibility studies, operator search, asset management and strategic business planning to owners, lenders and operators across Europe as well as in Africa, the Middle East and the Caribbean
Visiting lecturer at Ecole Hôtelière de Lausanne - Online MBA Program (Hotel Budgeting & Forecasting).
Combines the highest standards of objective business analysis with an inspirational level of innovation and creativity
16:55 - 17:20
In the face of challenging corporate conditions, is the secret to further growth to nurture the leisure market? This session will offer tips on how to tread carefully and take advantage of the leisure market.
17:20 - 17:30
7-8 October 2020
19-21 October 2020
Tivoli Marina Vilamoura, Portugal