The Hotel Development & Investment workshop/forum guides us through the complete hotel project life cycle – from concept, feasibility study and financing to investing, asset management and disposition.
Industry experts will speak on each step of a hotel development project and share with us their expertise on the topics. They will interact with us and address the issues of interest to all hotel development project participants.
This is a continuous development program for professionals in the real estate and hospitality industries, including property developers, architects, designers, contractors, consultants, lenders, investors, operators and suppliers. The workshop/forum calls for cross-functional collaboration between the speakers and the participants.
The program focuses on the key aspects of a hotel development project:
- Planning & Development – Hotel development projects, hotel project feasibility studies, implementation of hotel projects and project management, hotel operating models and selection of hotel operators.
- Financing & Investment – Conventional and alternative financing for hotel projects, hotel investment structuring and strategies as well as the management of hotel investments.
- Hotel Asset Management – The structuring and management of hotel assets, hotel revenue management, valuing hotel property, hotel acquisition, project exit and asset disposition.
The new normal in property development is sustainability of the built environment for all stakeholders. For this reason we will focus on the sustainable development, construction and operation of hotel properties.
We will gain a firm understanding of the hotel life cycle with the objective of becoming more effective, productive and successful in the hospitality industry.
The speakers will interact with us and address the development, financing, operation and investing in hotel properties. Each topic will be covered by a leading expert in the subject matter.
The event is targeted at professionals in the real estate and hospitality industries in Austria, Germany, Italy, Switzerland and Central, Eastern and Southeastern Europe.
The HDI Vienna 2021 workshop/forum is also the ideal opportunity for industry professionals to network with others who are involved in the development and investment in hotel projects and assets.
Speakers
These leading experts in the hospitality industry will fully engage with us, communicate their expertise to us and provide us cross-functional collaboration opportunities. They focus on topical issues, challenges and solutions that can help us in performing our respective profession.
Nicole Hörmann, recently joined the EHL Real Estate Valuation team. After receiving a degree in accounting from New York University and a successful career in the hotel industry, she switched to real estate valuation in 2010. She is a valuation specialist in all property asset classes and is now one of Austria's leading experts in the hotel asset segment.
Nicole will address the valuation of hotel properties and the consideration of ESG factors for their development in the podium discussion on sustainable hotel development.
Robert Barnard is the partner with BDO London responsible for specialist hotel/hospitality industry consultancy. He has tourism expertise and has led a broad range of hospitality consulting assignments throughout the UK, Continental Europe, the Middle East, Africa and the Caribbean. These include strategic planning, hotel market studies with earnings estimates, valuations of individual assets, hotel portfolios and operational reviews.
Robert will share his expertise and insights with us on assessing the economic and financial viability of hotel projects.
Wolfgang Mader, a partner at BDO Austria, works as an all-rounder in the areas of tax, financial advisory and auditing, with a focus on the real estate sector and the gaming industry. He pursues a holistic consulting approach with the support of specialists from the diverse areas. Together with competent and helpful colleagues, he delivers tailor-made solutions to clients.
Wolfgang will join his colleague, Robert Barnard, to discuss the use of feasibility studies to verify the business case of hotels.
Erol is Head of Commercial Development at STRABAG Real Estate, having joined the company in Nov 2010. His professional experience includes project development, financing, controlling and asset management in Central and Eastern Europe, marketing and sale controlling, and internal coordination. Erol is responsible for the management of residential, office and hotel development projects in the Vienna area.
Erol will share with us his insights on development project construction and construction management.
Olaf is partner at MRP hotels, which he joined on 1 January 2020. He is a graduate engineer and architect, a graduate of the EBS Business School, Oestrich-Winkel and a passionate hotelier. He has many years of experience in planning and project development and extensive experience providing conceptual and operational advice to hotels and resort projects.
Olaf will discuss with us the key risks to developers and investors in hotel projects and the mitigation of those risks at the project level.
Arabella Eichinger is a partner with Schoenherr Attorneys at Law, joining the real estate team in September 2013. She is a widely renowned real estate lawyer and recognized expert in residential and hotel transactions in Austria. Arabella has an excellent track record in real estate transactions and construction law and advises on national and international real estate projects and transactions.
Arabella will share her expertise and insights on hotel operating models for hotel projects.
Roman is Managing Director of Michaeler & Partner Vienna and responsible for the Hotel and Tourism Consulting division since 2017. Roman has worked on more than 120 projects in the DACH, CEE and SEE regions. His expertise includes feasibility studies, performance management, strategic consulting, product and brand concepts as well as operator and investor search and related contract negotiations.
Roman will speak on the selection of hotel operators and the operator selection process.
As co-founder and managing director of CONDA, Daniel is a driving force behind the crowdinvesting platform. CONDA provides lending-based and equity-based crowd investing opportunities that link entrepreneurs and investors. Daniel completed his bachelor and master studies in business IT as well as in business management. Before CONDA, he established his own start-up, Spoken Language System, in 2007.
Daniel will address the alternative means of raising the debt financing of hotel development projects, with a view to nonbank lending and online direct lenders.
Helena Neuner joined the E+H – Eisenberger + Herzog – commercial law firm in 2018 and is specializing in cross-border M&A and real estate transactions, especially in the hotel industry. Her experience includes advising the Swiss investment group Brisen on the re-development of property into a 5-star luxury hotel and UBM development on a strategic partnership for real estate project developments.
Helena will participate in the podium discussion and engage with us on the topic of sustainable hotel investing.
Gerald is a partner with the TPA Group with 20 years of experience in tax consulting. He is specialized in real estate transaction services (M&A) and taxation for national and international real estate clients. Gerald provides project calculations, financial and tax due diligence services and advises on the acquisition and structuring of hotel projects.
Gerald will speak on the structuring of hotel investments and transactions.
Gisela Loidolt, Hospitality Consulting Manager Europe at Drees & Sommer, has over 12 years of hospitality consulting experience with more than 500 projects throughout Europe and beyond. Her track record includes asset reviews, feasibility studies, operator selection, valuations, and due diligence assessments. Gisela serves all participants along the project value chain and provides outcome-oriented development and investment advice.
Gisela will address the involvement of hotel asset management in the hotel project development process and operation, for overall project success.
Damiano is Principal Industry Consultant at IDeaS Revenue Solutions Global Consulting Services, which he joined in 2019 after 16 years with InterContinental Hotels. He is a true enabler of the (r)evolution of revenue management, allowing revenue managers to concentrate on total, profitable revenue management. In the ever-changing technology landscape, AI and machine learning are essential for the focus on strategic revenue management.
Damiano will advise us on elevating analytical strategy to a fully automated revenue management approach that aims to add value to any asset.
Martin, Senior Director at CBRE GmbH, is responsible for hotel valuation and consultancy instructions and leads the hotel valuation team with a focus on the German, Austrian and CEE markets. Since joining CBRE in 2006, he has worked in the UK and the DACH and CEE regions, specializing in hotel development and assets and cross-border transactions.
Martin will speak on the users and uses of valuation and appraisals in hotel projects and transactions.
Harald is Investment Director of value one holding AG. Prior to joining value one holding AG, he headed Corporate Finance at BAWAG PSK. He had earlier spent nearly ten years at GE Capital in London, responsible for expanding their European business. Harald started his career in finance at Erste Bank.
Harald will share his expertise and insight on hotel transactions – both the acquisition and the sale of hotel assets.
