45th Annual NYU International Hospitality Industry Investment Conference Agenda

MONDAY, JUNE 5th - PART 2


4:05 p.m. to 5:00 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 IX – Industry Segment

Franchising, Affiliating, and the Fine Print: Understanding Today’s Hotel Franchise Agreements

Fourth Floor, Wilder
Whether it’s hard branding, soft branding, or other forms of affiliation, hotel franchise agreements are complex and can be difficult to understand and negotiate.  Many brands offer a buffet of voluntary programs – each with its own fee – in addition to the mandatory “main course”.  And then there are terms such as impact, trade area protections, brand standards, and penalties for termination.  This panel will provide expert insights and up-to-the-minute game time news from the experts who play on the hotel franchising field.

Moderator:
Rick S. Kirkbride

Rick S. Kirkbride
Chair, Global Hospitality & Leisure Department, Paul Hastings

Panelists:
Adrienne Jubb

Adrienne Jubb
Senior Vice President, Business Development, Aimbridge Hospitality

Naveen Kakarla

Naveen Kakarla
President and Chief Executive Officer, HHM

Keith Pierce

Keith Pierce
EVP, President Franchise & Development, Sonesta International Hotels

Mark D. Shalala

Mark D. Shalala
Senior Vice President, Upscale Development, Choice Hotels International


WORKSHOP X – Finance

Trade Secrets: The Anatomy of the Successful Transaction

Fourth Floor, Odets
Upheaval in the capital markets and the cost of debt.  Residual discontinuities from the pandemic.  Supply-chain disruption and inflationary increases to hotel operating costs.  How is it possible for a buyer and seller to get close enough to being on the same page for a lodging property transaction to close today?  These are the experts who get the deals done; join them as they share what they are seeing about navigating the current environment, and how investors are getting to transactions that actually close.

Moderator:
Elias Eliopoulos

Elias Eliopoulos
Partner, McDermott Will & Emery

Panelists:
Jeffrey Davis

Jeffrey Davis
Senior Managing Director, Head of US Hotels Investment Sales, JLL | Hotels & Hospitality

Daniel C. Peek

Daniel C. Peek
President and Chief Operating Officer, Hodges Ward Elliott

Louis Stervinou

Louis Stervinou
Managing Director and Principal, Eastdil Secured

Robert J. Webster

Robert J. Webster
Vice Chairman and President, CBRE Hotels Institutional Group, CBRE

Lawrence B. Wolfe

Lawrence B. Wolfe
Vice Chairman, Co-Head of Lodging, Newmark 


WORKSHOP XI

Governing the Governing Documents: HMA’s

Fourth Floor, Ziegfeld
Hotel management contracts are the blueprints that govern the owner / operator relationship.  They are complex, nuanced and, for the most part, individually negotiated.  With relative negotiating leverage between the two parties specific to each deal, how are these agreements structured?  What are the new learnings and sensitivities, coming out of the pandemic, on each side?  And how have the end ranges of the various parameters changed? These leaders share their expertise in this complex part of the industry.

Moderator:
Gary E. Axelrod

Gary E. Axelrod
Partner, LATHAM & WATKINS

Panelists:
Barry A.N. Bloom

Barry A.N. Bloom
President and Chief Operating Officer, Xenia Hotels & Resorts

Raj Contractor

Raj Contractor
Senior Vice President, Head of Investments, Host Hotels & Resorts

Kate Henriksen

Kate Henriksen
Co-Chief Investment Officer, RLJ Lodging Trust

Michael J. Sullivan

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

Nancy Vu

Nancy Vu
Executive Vice President, General Counsel, Park Hotels & Resorts


WORKSHOP XII

Globalization Reloaded

Fifth Floor, Booth and Edison in the Lyceum Complex
In the post-pandemic world, globalization is changing.  Yet both US demand for travel abroad and international demand for travel to the US are generally on the upswing, robustly in some areas.  Perhaps this is why U.S.-based lodging companies are keeping their eyes on the international ball.  Executed cross border deals included Wyndham’s Vienna House acquisition, Hyatt’s Atona partnership, Best Western’s WorldHotel’s acquisition, and Marriott’s purchase of City Express.  This panel will explore the big lodging companies’ global growth strategies and compare and contrast the different mechanisms that are being used to foster their international growth.

Moderator:
Alexi Huntley Khajavi

Alexi Huntley Khajavi
President of Hospitality and Travel, Questex

Panelists:
Timothy J. Grisius

Timothy J. Grisius
Global Officer, Mergers and Acquisitions, Business Development and Real Estate, Marriott International 

Michele Haynes

Michele Haynes
Vice President, Capital Strategy, Hyatt Hotels Corporation

Ron Pohl

Ron Pohl
President of International Operations and WorldHotels, BWH Hotel Group 

Amit Sripathi

Amit Sripathi
Senior Vice President, Corporate & Strategic Development, Wyndham Hotels & Resorts


WORKSHOP XIII – Design/Development

Finding the Right Pieces for Your Mixed-Use Development

Fifth Floor, Salon 4 in the Lyceum Complex
Increasingly, people are looking to go one place to engage in activities – work, play, fun, stay – and developers are looking for new opportunities to create thriving hotels. Striking the right balance of uses is key for a successful project.  Panelists will discuss tips and guidelines to design the right mix.

Moderator:
Scott P. Rosenberg

Scott P. Rosenberg
President, Nehmer

Panelists:
Benjamin Brunt

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

Sheila Farahpour

Sheila Farahpour
Vice President, U.S. Luxury Development and Mixed-Use, Marriott International

John S. Hamilton

John S. Hamilton
Executive Vice President, Acquisitions and Business Development, Pyramid Global Hospitality 

Jason Hsiang

Jason Hsiang
Executive Vice President of Development, Americas, Ennismore

Tim Marvin

Tim Marvin
Executive Vice President, JLL | Hotels & Hospitality 


WORKSHOP XIV – Finance

The Financing Markets and Lodging Sector Growth

Fifth Floor, Salon 2 in the Julliard Complex
In a rising interest rate environment, which lenders are active and how are they underwriting hotel financings? Can new hotel development be financed, especially with rising costs of labor and materials?  Are sellers coming around and resetting their expectations on valuations? Join these experts as they describe the current environment for financing and share their thoughts on M&A in the lodging sector.

Moderator:
Abhinay Poonja

Abhinay Poonja
Managing Director, Real Estate, Gaming Lodging & Leisure Investment Banking, Deutsche Bank Securities 

Panelists:
Helen Jorski

Helen Jorski
Treasurer and Senior Vice President, Hyatt Hotels Corporation 

Marty Newburger

Marty Newburger
Partner, KSL Capital Partners

Steve Pack

Steve Pack
Managing Director, Goldman Sachs

Davin Thigpen

Davin Thigpen
Managing Director, J.P. Morgan Securities 

Rob Turner

Rob Turner
Managing Director, Eastdil Secured 


Workshop XV - Industry Segment

The Extended Growth of Extended Stay

Fifth Floor, Belasco and Broadhurst in the Julliard Complex
As one of the quickest segments to recover from the pandemic, the extended stay segment continues to attract interest from the traveling public, investors, developers, and the brands, with several new brands having been recently announced.   With data suggesting that this segment can appeal to many different traveler types at different price points, what does the future hold?  Can the magic be sustained? Join these active players as they share their insights.

Moderator:
Neva Wagner, Esq.

Neva Wagner, Esq.
Associate, Perkins Coie

Panelists:
Ron Burgett

Ron Burgett
Senior Vice President, Extended Stay Development, Choice Hotels International

Bill Duncan

Bill Duncan
Category Leader, All Suites & Focused Service Brands, Hilton

James Tierney

James Tierney
Senior Vice President, Development and Owner Relations, Hyatt Hotels Corporation

Mark Williams

Mark Williams
Managing Director, Franchise Development, Extended Stay America


WORKSHOP XVI – Operations

Soft Brands: Hard Work

Sixth Floor, Winter Garden in the Majestic Complex
Many factors are driving the increasing popularity of soft branding.  How does it work? In what market segments have soft brands been most successful?  What factors must owners and investors consider in their cost-benefit analysis when choosing a soft brand, and how do they choose the “right” type? This panel will address the negotiation of key aspects of soft brand management, franchise, and member agreements.

Moderator:
Cecelia L. Fanelli

Cecelia L. Fanelli
Partner, Brewer, Attorneys & Counselors 

Panelists:
Catie Cramer

Catie Cramer
Vice President, Luxury, Lifestyle & Premium Brands, IHG Hotels & Resorts

 

Jenna Hackett

Jenna Hackett
Global Brand Leader, Canopy by Hilton & Curio and Tapestry Collections by Hilton, Hilton

 

Dan Thorman

Dan Thorman
Senior Vice President, Development-Full Service, Eastern U.S., Canada, and Caribbean, Aimbridge Hospitality

Jeremy Tobin

Jeremy Tobin
Director, Acquisitions & Development, MCR

 


5:00 p.m. – 6:30 p.m.

Networking Reception

Fifth Floor, Westside Ballroom
Enjoy your favorite beverages and savor tasty selections. It’s the perfect way to begin your evening as you mingle with friends and colleagues and take in the lights and the excitement of Times Square.