Tag: Hospitality
Briefing: securing a resilient, lasting hospitality industry in Africa
There is exciting growth in Africa, but what does the industry need to remember in order to build a market that works? Deals need to be solid, finances need to be secure, and the existing culture and infrastructure needs to be considered.
There is little point in rushing through a development that cannot be sustained for the future. It is also vital that there is quality in the product on offer. In this briefing four experts give their views on the key elements for successful developments in Africa:
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Peter Greenberg, Travel Editor, CBS News with three pieces of advice for the hospitality industry
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Olaf Schmidt, Global Sector Head – Tourism, Retail & Property, IFC – World Bank Group shares three messages from the IFC
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Philippe Doizelet, Managing Partner, Horwath HTL – France on what the African hospitality industry could improve on
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Rohan Patel, Director, Sankara Hotel Group Kenya Ltd on why hotel development projects must be sustainable
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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.
Briefing: youth shaping the future of hospitality in the Middle East
The growing population of young people within the Middle East is formidable, both the domestic population and the increased immigration into the region. This new generation will become tomorrow’s CEOs and General Managers and they are wired differently to any generation the world has ever seen.
As this demographic increases there are enormous opportunities for the hospitality industry, not only for them to be potential customers but also as potential colleagues.
What needs to be done to encourage talent into the industry? How should the industry change to cater for new tastes? And how should leaders impart their experience and knowledge to educate this new workforce? We hear from experts aiming to answer these questions including:
- Pascal Gauvin, COO – India, Middle East & Africa, InterContinental Hotels Group on the growth of the domestic market in the Middle East.
- Badr Al Badr, CEO of Saudi Hotels & Resorts (SHARACO) on workforce conditions in Saudi Arabia.
- Muhammad Al-Amir, Founder & MD of Riyada International Hotels and Resorts on bringing the new generation into hospitality
- Gabriel Matar, former Director – Middle East & Africa, Hotels & Hospitality Group, Jones Lang LaSalle on the young population’s demand for hotels.
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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.
Briefing: Government’s contribution to hospitality
Hospitality is one of the most stable sectors globally. There is no doubt that the long-term projection for the industry is incredibly healthy with travel and tourism going from strength to strength. Why then are global governments not paying that much attention? And how should the industry change this?
In this briefing we hear from experts who are looking to demonstrate to global governments why hospitality is an incredibly vibrant industry to be investing in. Including comment from:
- David Thomson, COO of JA Resorts & Hotels on getting the attention of government
- Paul Slattery, Director of Otus & Co Advisory Ltd on why governments should get their act together
- Nick van Marken, Partner & Global Head – Travel, Hospitality & Leisure of Deloitte LLP on new leaders needed to bring back optimism
- And Gaël Le Lay, Head of Hotel Investment of AXA Real Estate on why governments shouldn’t get involved…
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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.
Briefing: mobile – the big sell
Mobile technology is expanding at such a rate that it is really any wonder how people keep up with it. iPhone 5GS, Samsung Galaxy S4, Windows 8, Android, and BlackBerry are just a handful of terms that are in our modern-day vernacular without many of us really understanding what it means for us and for business.
Mobile smartphones are the most powerful selling technique which is set to dominate long into the future and we need to be utilising this medium across our business. Whether that’s checking emails, social networks, looking for reviews, playing games, watching films, purchasing hotel rooms and perhaps after all that making a phone call. It should certainly be embraced and our experts this week discuss this with comment from:
- Cyril Ranque, SVP of Global Market Management for Expedia on the power that these devices bring to the consumer.
- Douglas Rice, Executive VP & CEO of Hotel Technology Next Generation on expectations being raised with mobile
- Leo Brand, CEO of Swisscom Hospitality Services on the need for hospitality to up its game
- Peter O’Connor, Professor & Academic Director of ESSEC Business School on seizing the immense power of mobile in hotels
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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.
Briefing: developing the owner / operator relationship
The owner and operator relationship is a constantly developing alliance. In this new fast-paced, information abundant world many believe that industry’s reaction to changes in this relationship has been too slow. It is essential that all parties understand the best way to manage this integral relationship.
This week, our experts discuss how they see the relationship blossoming and the pitfalls to avoid:
- Christoph Härle, CEO – Continental Europe, Hotels & Hospitality Group of Jones Lang LaSalle on the professionalism of the relationship
- Laurence Geller CBE, Former Chairman & CEO of Strategic Hotels & Resorts on tensions arising
- Rudi Jagersbacher, President – Middle East & Africa of Hilton Worldwide, on the sophistication of owners
- Nick van Marken, Partner & Global Head – Travel, Hospitality & Leisure of Deloitte LLP on the skewed perception he sees
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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.
Briefing: a focus on the UK hospitality market
The mature UK market has seen many changes in the last few years, not least in the change for demand in new hotel product as well as the lack of funding for new projects. One factor, however, has remained a constant.
The contrast between the provincial market and the London market has never been so different. London is a safe-haven for investors and good assets are at a premium. This of course isn’t the case in the provinces with many of the markets still struggling.
Is this about to change? And where is the future of the UK market? Experts in this briefing discuss, including comment from:
- Andrew Taylor, National Head of Leisure at NatWest, on the future of the UK market
- Rob Gray, Director & Head of Hotels & Leisure within RBS Global Restructuring, on the downturns seen in the UK market
- Patrick Sanville, Director of Hotels at BNP Paribas Real Estate on where the funding is coming from for this market
- And Rob Seabrook, Head of Hotel Transactions at Savills on liquidity returning to the provincial UK market
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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.
Briefing: Europe needs to demonstrate growth to attract investment
With the green shoots of growth being seen across the European market, many believe we are seeing early optimism for not only the hospitality sector but all industry. However, with increasing influence of alternative markets, like China and Brazil, the EU needs to showcase itself as a great place too for capital investment.
As a mature market it has many strengths and we have seen a resurgence in deal making. The long-term prospects of hospitality are paramount, but with the incessant need for short-term returns, is Europe going to be able to show strong enough growth for investors to persevere? In this briefing we hear from:
- Arthur de Haast, Chairman – Hotels & Hospitality Group for Jones Lang LaSalle on confidence being seen in the market.
- Josh Wyatt, Partner – Hospitality & Leisure at Patron Capital Advisors LLP on whether Europe is the most exciting place for investment.
- Richard Candey, Senior Director – Head of Hospitality for DTZ on the resurgence in deal making across Europe
- And Andrew Taylor, National Head of Leisure for NatWest on London being a very different market to anywhere else in Europe.
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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.
Briefing: investment in hospitality for 2013
In this briefing we hear from experts about the market for deals and the expectations of where they see the future of the market for 2013. Many believe that the industry has turned a corner and deal activity is now picking up. However, a degree of caution remains as we move out of the financial crisis. Shards of optimism are running rife in the industry, but is this positivity justified as we move further into the year.
In this briefing we hear from:
- Laurence Geller, CEO of Geller Investment Company, on the market for hotel investment
- Nick van Marken, Partner – Global Hospitality Leader of Deloitte on what is needed to unblock the deal activity pipeline
- Clive Hillier, CEO of Vision Hospitality Asset Management on the obstacles to be overcome to increase deal flow
- And Andrew Taylor, National Head of Leisure for NatWest on whether or not banks are lending
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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.
Briefing: appreciating the growth opportunities in Africa
The Tipping Point for Africa has been imminent for a long time. The continent clearly holds huge opportunities, but the complexity and size of the 50+ countries means it is often very difficult to get product there. Having said that, many Governments are working together to try to encourage and break down the barriers for investment, as explained by Dr Nelson Githinji, the Tourism Secretary for Kenya.
For whatever reason, some African countries currently have no branded hotel product within their borders at all and although there are intricacies which need to be ironed out, you certainly shouldn’t dismiss Africa. Reasons why are explained in this briefing by:
- Patrick Fitzgibbon, SVP Development – Europe & Africa of Hilton Worldwide describes the plethora of opportunity on the continent.
- Dr Nelson Githinji, Tourism Secretary of the Ministry for Tourism – Kenya, on the concessions for those who invest.
- Jalil Mekouar, of Jones Lang LaSalle Hotels on the resurgence of curiosity seen for Africa
- And Joy Albright of the African Export-Import Bank on where she sees the appetite for investment
If you’ve been sent to this page but you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do so here. It’s free.
Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.
