44th Annual NYU International Hospitality Industry Investment Conference Agenda

MONDAY, JUNE 6th - PART 1


7:00 a.m. to 7:55 a.m.

NETWORK AND NOSH

Fifth Floor, Westside Ballroom
Enjoy a great breakfast with reunited colleagues as you prepare for an enlightening day that will focus on changes and trends in the industry.


8:00 a.m. to 12:15 p.m.

GENERAL SESSIONS


8:00 a.m. – 8:10 a.m.

WELCOME FROM NYU Jonathan M. Tisch Center for Hospitality

Sixth Floor, Broadway Ballroom
Nicolas Graf, PhD, Jonathan M. Tisch Chaired Professor and Associate Dean, Jonathan M. Tisch Center of Hospitality, NYU School of Professional Studies will provide opening remarks to kick off the first day of the Conference, which is packed with high-energy panels and informative breakout sessions. 

 

Sara Eisen

Nicolas Graf, PhD
Jonathan M. Tisch Chaired Professor and Associate Dean, Jonathan M. Tisch Center of Hospitality, NYU School of Professional Studies


8:10 a.m. to 8:20 a.m.

CONFERENCE CHAIR’S OPENING REMARKS

Sixth Floor, Broadway Ballroom
An introduction on what is happening in the industry, why the Conference is important, and how it is structured to provide the most relevant and timely information.

Jonathan M. Tisch

Jonathan M. Tisch
Chairman and CEO of Loews Hotels & Co. and Co-Chairman of the Board, Loews Corporation


8:25 a.m. to 8:55 a.m.

Policy Update

Sixth Floor, Broadway Ballroom

Moderator:
Jeffrey Stewart

Jeffrey Stewart
Conference Vice Chair; Founder and President, Walnut Hill Advisors

Panelists:
Brian Crawford

Brian Crawford
Executive Vice President of Government Affairs, American Hotel & Lodging Association

Andy Ingraham, PhD

Andy Ingraham, PhD
President, Founder and Chief Executive Officer, National Association of Black Hotel Owners, Operators and Developers (NABHOOD)

Laura Lee Blake, Esq.

Laura Lee Blake, Esq.
President and Chief Executive Officer, AAHOA 

Lynette Montoya

Lynette Montoya
Chief Executive Officer, Latino Hotel Association


9:00 a.m. to 9:55 a.m.

THE CEOs CHECK IN: A VIEW FROM THE TOP

Sixth Floor, Broadway Ballroom
Learn from top hospitality executives about the evolving investment landscape and the changing consumer base, as well as the ways in which the competition is pressing these CEOs to lead their brands and to differentiate their companies.

Moderator:
Sara Eisen

Sara Eisen
Anchor, “Closing Bell,” CNBC 

Panelists:
Keith Barr

Keith Barr
Chief Executive Officer, IHG Hotels & Resorts  

Sébastien M. Bazin

Sébastien M. Bazin
Chairman and Chief Executive Officer, Accor

Anthony Capuano

Anthony Capuano
Chief Executive Officer, Marriott International            

Mark S. Hoplamazian

Mark S. Hoplamazian
President and Chief Executive Officer, Hyatt Hotels Corporation

Christopher J. Nassetta

Christopher J. Nassetta
President and Chief Executive Officer, Hilton


10:00 a.m. to 10:45 a.m.

Whither Value: The Outlook for Interest and Capitalization Rates

Sixth Floor, Broadway Ballroom
It’s been some time since the hotel investment markets have had to factor meaningful concerns about interest rate increases into their valuation calculus. Welcome to 2022: The cost of debt is increasing, not just for new acquisitions and development, but for all existing assets whose capital stacks include floating rate debt.  With equity investor demand for hotel assets still strong, how might higher interest rates impact required equity ROI’s, cap rates, the supply of assets available to trade, and, ultimately, asset value?  These major market players discuss their views on how, exactly, the “the leg bone’s connected to the thigh bone.”

Moderator:
Jeffrey A. Horwitz

Jeffrey A. Horwitz
Senior Partner, Proskauer

Panelists:
Michael D. Bluhm

Michael D. Bluhm
Managing Director, Global Head of Gaming and Lodging, Morgan Stanley - Investment Banking

Rob Hays

Rob Hays
President and Chief Executive Officer, Ashford Hospitality Trust

Michael I. Lipson

Michael I. Lipson
Chief Executive Officer, Chairman of the Board, Access Point Financial

Thomas C. Morey

Thomas C. Morey
Executive Vice President and Chief Investment Officer, Park Hotels & Resorts

Jay H. Shah

Jay H. Shah
Chief Executive Officer, Hersha Hospitality Trust


10:45 a.m. to 11:00 a.m.

COFFEE BREAK in the Exhibitor Areas

Fifth Floor Foyer, Westside Ballroom and Sixth Floor Foyers
Meet Conference sponsors, as well as other industry leaders. Network as you reenergize with refreshments in the Exhibitor Areas.


11:00 a.m. to 11:25 a.m.

HOTEL VALUES AND TRENDS - STATISTICALLY SPEAKING!

An Analysis of Industry Trends

Sixth Floor, Broadway Ballroom
Data is a critical factor in the hospitality industry for planning, growth, expansion, and taking advantage of new and emerging opportunities. Learn from top industry research and consultation specialists about current trends, and hear their forecasts.

COPRESENTERS:
Amanda Hite

Amanda Hite
President, STR 

Stephen Rushmore, Jr.

Stephen Rushmore, Jr.
President and Chief Executive Officer, HVS


11:30 a.m. to 12:15 p.m.

Inter-Disciplinary Leadership Summit: Point and Counterpoint

Sixth Floor, Broadway Ballroom
Hotel owners are public and private, majority and sliver.  Hotel managers are branded and unbranded, investors and third parties.  Hotel lenders are conventional and unconventional.  The hotel brands include both multiple- and single-brand entities.  Add in investment bankers, OTA’s, gaming, alternative, and tech and it becomes clear:  the constituency of the lodging industry is diverse, with interests that are not always aligned. But when there’s a storm we all get wet.  How do leaders from various perspectives in the industry look at the broad issues, and at each other?  When concerns intersect, where is the strategic convergence and where is the divergence? And most importantly, what can we learn from each other?  Join these very smart thought leaders in a provocative discussion as major players from different parts of the industry compare and contrast their thinking about the big picture, the future, and what it will take to thrive.

Moderator:
Gary E. Axelrod

Gary E. Axelrod
Partner, LATHAM & WATKINS

Panelists:
James Bermingham

James Bermingham
Chief Executive Officer, Virgin Hotels

Greg Friedman

Greg Friedman
Managing Principal, Chief Executive Officer, Peachtree Hotel Group

Steve Hafner

Steve Hafner
Chief Executive Officer, KAYAK

R. Tyler Morse

R. Tyler Morse
Chairman and Chief Executive Officer, MCR

Greg Schulze

Greg Schulze
Senior Vice President, Strategic Travel Partners, Expedia Group


12:20 p.m. to 1:10 p.m.

CONCURRENT WORKSHOPS

The Conference’s concurrent workshops focus on specialized topics of interest, allowing attendees to customize their experience, while gaining critical industry information from interactive panel discussions.


WORKSHOP I – Finance

Alt-lodging

Fourth Floor, Odets
The ongoing and growing development of residential, long-stay and the general “hotelization” of numerous forms of commercial real estate, ranging from Kasa and The Guild to subscription models like Inspirato and hybrids like Selina. So much money is pouring into this sector. What is the draw and what are the implications for more traditional hotel brands and developers?

Moderator:
Rick Ross

Rick Ross
Partner, Global Chair, Hotels & Leisure and Global Co-Chair, Family Office & High Net Worth, Dentons

Panelists:
Matt Gagen

Matt Gaghen
Chief Executive Officer, Under Canvas  

Jenny Hsieh

Jenny Hsieh
Vice President, Homes & Villas, Marriott International 

Roman Pedan

Roman Pedan
Founder and Chief Executive Officer, Kasa Living

Kevin Rifkin

Kevin L. Rifkin
Senior Director - Real Estate, Inspirato

Kanishk Roy

Kanishk Roy
Vice President, Transactions & Residential, Hyatt Hotels Corporation


WORKSHOP II – Design/Development

Enhanced Storytelling: How To Use Branding To Elevate Your Hotel

Fourth Floor, Wilder
Separating your property from the competition starts with branding and developing the story to create a unique guest experience.  Panelists will explain the importance of branding, its role in developing the design, and how the two work together.

Moderator:
Scott P. Rosenberg

Scott P. Rosenberg
President, Nehmer                

Panelists:
Jenna Hackett

Jenna Hackett
Global Brand Head, Curio & Tapestry Collections by Hilton, Hilton

Anthony V. Nacci Jr.

Anthony V. Nacci Jr.
Senior Director, Global Brand Management, Autograph Collection and Tribute Portfolio, Marriott International

Kathleen Reidenbach

Kathleen Reidenbach
Chief Commercial Officer, Kimpton Hotels & Restaurants (IHG)

Roger G. Hill II

Roger G. Hill II
Chief Executive Officer and Chairman, The Gettys Group Companies


WORKSHOP III – Industry Segment

Lifestyle Hotels: Learnings in the New Normal

Fourth Floor, Ziegfeld
Whether they provide an environment of calm serenity and a safe cocoon, or one with cutting edge nightclubs and Instagram-able celebrity buzz, lifestyle hotels seem exceptionally well- positioned to capture demand from a traveling public that is pandemic-weary. How are the dynamics of this segment playing out in today’s environment? From the brands’ standpoint, what influences are providing creative inspiration, and what are the newest ideas? Operationally, how does one continue to offer cushy service levels and meet guest expectations with labor shortages and operating costs that are caught up in an inflationary spiral?  As investments, is there enough price elasticity to maintain profitability? And how – if at all - does new development pencil, with high construction costs and material shortages?  These experts are knee-deep in this segment as owners, operators, and brands, and they are here to share what they are seeing, and what they have learned.

Moderator:
Len Wolman

Len Wolman
Chairman, Waterford Hotel Group

Panelists:
Michael Coolidge

Michael C. Coolidge
Chief Investment & Development Officer, HRI Hospitality

Daniel A. Hostettler

Daniel A. Hostettler
President and Chief Executive Officer, The Boca Raton

Todd Hricko

Todd Hricko
SVP, Head of Global Hotel Business Development, Hard Rock International

Jay Stein

Jay Stein
Chief Executive Officer, Dream Hotel Group

Homi Vazifdar

Homi Vazifdar
Founder and Executive Director, Canyon Equity


WORKSHOP IV – Operations

The Franchising Model Today and the Power of Partnerships.

Fifth Floor, Booth and Edison in the Lyceum Complex 
Experienced panelists discuss a myriad of pertinent topics including:
The key differences between affiliating and branding; when should an owner self-operate or hire a third party to operate? What relationships should you leverage to ascertain that you are maximizing your asset, beyond the brand or operator?
How are consumers influencing the franchising model and how are owners influencing the brands?

Moderator:
Julienne Smith

Julienne Smith
Senior Vice President, Development, IHG Hotels & Resorts

Panelists:
Justin Magazine

Justin Magazine
Senior Vice President - Development & Acquisitions, Aimbridge Hospitality

Steen Petri

Steen Petri
Senior Vice President-Investments, HEI Hotels & Resorts

Cartarwa Jones

Cartarwa Jones
Senior Vice President, Investment & Portfolio Analysis, RLJ Lodging Trust

Lisa Sexton

Lisa Sexton
Regional Vice President, Marriott International

Shawn Tuli

Shawn Tuli
Chief Financial Officer, Head of Investments, Hersha Hospitality Management (HHM)  


WORKSHOP V – Finance

DIGITAL SECURITIES: Tokenized Property Interests and the Capital Stack of the Future

Fifth Floor, Salon 4 in the Lyceum Complex  
TPI’s are privately issued digitized securities that, after a prescribed hold period, may be traded in digital form on one or more Alternative Trading System exchanges.  The use of blockchain technology in digitizing the securities and providing a means of trading them on a secondary market using one or more ATSs provides an opportunity for liquidity not presently enjoyed by private placement real estate securities.  Are TPI’s the future of real estate investment offerings? Will this form of “De-Fi” investment attract non-traditional investors to hotel investments? Will hotel owners prefer equity raises using TPI offerings in lieu of a more demanding family office or institutional investor sources?  Hear the issuers, exchanges and tech advisors discuss what this nascent technology means for you, your company, and your assets’ capitalization.

Moderator:
Michael J. Sullivan

Michael J. Sullivan
Co-Chair, Hospitality Group, Greenberg Traurig

Panelists:
Wee Ming Choon

Wee Ming Choon
Deputy General Counsel, Ava Labs

Jeffery Gangl

Jeffery S. Gangl
Chief Commercial Officer, Templum  

Michael Hiles

Michael Hiles
Founder and Chief Executive Officer, 10XTS

Brent Reynolds

Brent Reynolds
Chief Executive Officer and Managing Partner, Nolan Reynolds International


WORKSHOP VI – Industry Data

Using Customer Data to Formulate a Competitive Advantage

Fifth Floor, Salon 2 in the Julliard Complex
How can the hotel owners and managers leverage data insights to understand competition and portfolio performance? Who are your customers, who else should be your customers, and what do these customers want?  And can you understand this without violating their privacy? With a proliferation of data collection technologies, where are smart owners and managers spending data dollars and how is the investment return measured?  Exactly how does data collection and utilization translate into a competitive advantage, and how are owners and managers playing in this space?

Moderator:
Rachael S. Rothman

Rachael S. Rothman
Head of Hotels, Research, and Data Analytics, CBRE

Panelists:
Jennifer Chick

Jennifer Chick
Senior Vice President and Global Head, Hilton Honors & Customer Engagement, Hilton  

Rod G. Clough

Rod G. Clough
President, HVS Americas

Peggy Fang Roe

Peggy Fang Roe
Global Officer of Customer Experience, Loyalty, and New Ventures, Marriott International

Bharet Malhotra

Bharet Malhotra
Senior Vice President of Sales, Cvent

Vail Ross

Vail Ross
Senior Vice President, Global Business Development and Marketing, STR


WORKSHOP VII – Technology

How Technology Touches the Human Touch: Innovations at the Asset Level

Fifth Floor, Belasco and Broadhurst in the Julliard Complex
Technology doesn’t replace the human touch in lodging as was once feared; it augments the human touch and every other aspect of modern hotel operations. On the revenue side, we have tools for revenue management/pricing, reservations, marketing, SEO/website optimization, mobile, loyalty, customer identification, menu development, and more. For expenses and operations, we have tools for accounting and payroll, energy management, purchasing, and a spectrum of labor-management tools for recruiting, hiring, compensation, scheduling, and compliance. These tools all have one thing in common⁠—they make promises. They produce higher yields, better guest satisfaction, deeper cost savings, better associate engagement, and, in one way or another, improved operating results. Hear from the experts who are creating and using some of the latest asset-level tech tools: what’s new, what’s better, what works, and what doesn’t.

Moderator:
Debra Wolman

Debra Wolman
Group Vice President, Americas, Duetto

Panelists:
Doug Carrillo

Doug Carrillo
Chief Marketing Officer, Virgin Hotels

Andrew Jordan

Andrew Jordan
Chief Marketing Officer, Aimbridge Hospitality

Nina Kleiman

Nina Kleiman
CHAM, Executive Vice President, HotelAVE    


WORKSHOP VIII - Finance

Private Capital – Land of Investment Opportunity in the New Normal Environment

Sixth Floor, Winter Garden in the Majestic Complex
Where is private capital looking for returns today? This panel will explore how smart private investors are viewing hotel investments amidst what is being called the “New Normal” in an uncertain environment characterized by an on-going “Endemic”, higher interest rates, inflation, and mounting labor pressures. Panelists will discuss where the opportunities are, what deals they are doing, what they are passing on, and how they are structuring deals in order to optimize ROI.

Moderator:
Steven L. Lichtenfeld

Steven L. Lichtenfeld
Partner, Proskauer

Panelists:
Benjamin Brunt

Benjamin Brunt
Managing Principal and Chief Investment Officer, Noble Investment Group

Franco Famularo

Franco Famularo
Chief Investment Officer, Ohana Real Estate Investors

Greg Kennealey

Greg Kennealey
Chief Executive Officer, Mission Hill Hospitality – A KSL Capital Company

Jeffrey Stulmaker

Jeffrey Stulmaker
Partner and Chief Investment Officer, KHP Capital Partners

Brian Waldman

Brian Waldman
Chief Investment Officer, Peachtree Hotel Group


1:15 p.m. to 3:45 p.m.

GENERAL SESSIONS


1:15 p.m. to 2:05 p.m.

LUNCHEON

Sixth Floor, Broadway Ballroom


WELCOME

HOTEL NEWS NOW STEPHEN W. BRENER SILVER PLATE AWARD

RECIPIENT:
Michael J. Deitemeyer

Michael J. Deitemeyer
President and Chief Executive Officer, Aimbridge Hospitality

CO-PRESENTERS:
Amanda Hite

Amanda Hite
President, STR 

Stephanie Ricca

Stephanie Ricca
Editorial Director, Hotel News Now


2:05 p.m. to 2:35 p.m.

BEYOND THE BOARDROOM

Sixth Floor, Broadway Ballroom

OPENING REMARKS:
Jonathan M. Tisch

Jonathan M. Tisch
Chairman and CEO of Loews Hotels & Co. and Co-Chairman of the Board, Loews Corporation

GUEST SPEAKER:
Eric L. Adams

Eric L. Adams
Mayor, New York City


2:40 p.m. to 3:25 p.m.

PERSPECTIVES IN LEADERSHIP: ​​FOCUSING ON STAYING FOCUSED

Sixth Floor, Broadway Ballroom
And on today’s menu….: Labor shortages.  Supply chain issues.  Peripatetic travel patterns and uneven demand for lodging. War in Europe.  On-going pandemic issues relating to health and safety.  Galloping inflation and energy price shock.  Interest rate increases.  And the continuing -and very real- concerns surrounding equity, inclusion, and social/environmental responsibility.  With so many pots and pans boiling on the front burner, how does one even begin to lead an organization today?  Listen to these leaders from various parts of the industry discuss their strategic priorities: the what, the why, and the how.

Moderator:
William J. Ferguson

William J. Ferguson
Chairman, Ferguson Partners

Panelists:
Michele Allen

Michele Allen
Chief Financial Officer, Wyndham Hotels & Resorts

Alex Alt

Alex Alt
Senior Vice President and General Manager, Oracle Hospitality

Heather McCrory

Heather McCrory
Chief Executive Officer, North and Central America, Accor

Mit Shah

Mit Shah
Chief Executive Officer, Noble Investment Group


3:25 p.m. to 3:45 p.m.

Labor Impacts and Opportunities

Sixth Floor, Broadway Ballroom
Recruiting, retaining, and managing labor cost has never been more challenging in travel and lodging. The pandemic exacerbated and accelerated ongoing concerns about the career prospects in hospitality.  Learn about the latest evidence on trends, root causes, implications, and potential solutions that point toward the future of work in the lodging industry.

Moderator:
Chip Rogers

Chip Rogers
President and Chief Executive Officer, American Hotel & Lodging Association (AHLA)

PRESENTERS:
Oliver Bonke

Oliver Bonke
Chief Executive Officer, Deutsche Hospitality and Advisory Board Member, NYU Tisch Center of Hospitality

Janis Cannon

Janis Cannon
Senior Vice President, Upscale Brands, Cambria Hotels and the Ascend Collection, Choice Hotels International

Nikki R. Massey

Nikki R. Massey
Senior Vice President, Human Resources - Americas, Hyatt Hotels and Resorts

Tom McCaleb

Tom McCaleb
Managing Director and Partner, Boston Consulting Group


3:45 p.m. to 4:00 p.m.

COFFEE BREAK in the Exhibitor Areas


Fifth Floor and Sixth Floor Foyers
Meet Conference sponsors, as well as other industry leaders. Network as you reenergize with refreshments in the Exhibitor Areas.