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.
MONDAY, JUNE 5th - PART 1
8:00 a.m. to 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.
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
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
Executive Chairman, Loews Hotels & Co, Co-Chairman of the Board, Loews Corporation
8:25 a.m. to 8:50 a.m.
Policy Update
Sixth Floor, Broadway Ballroom
The nation’s top lodging industry association leaders and lobbyists discuss mission-critical national policy issues of today. How will recent and pending policy decisions influence the future of the US lodging industry? What’s on the policy agenda? How is lodging viewed from within the current administration?
Jeffrey Stewart
Conference Vice Chair, Founder and President, Walnut Hill Advisors
Laura Lee Blake
President and Chief Executive Officer, AAHOA
Geoff Freeman
President and Chief Executive Officer, U.S. Travel Association
Andy Ingraham, PhD
President, Founder, and Chief Executive Officer, National Association of Black Hotel Owners, Operators and Developers (NABHOOD)
Chip Rogers
President and Chief Executive Officer, American Hotel & Lodging Association (AHLA)
8:55 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.
Sara Eisen
Anchor, “Closing Bell,” CNBC
Keith Barr
Chief Executive Officer, IHG Hotels & Resorts
Sébastien M. Bazin
Chairman and Chief Executive Officer, Accor
Anthony Capuano
President and Chief Executive Officer, Marriott International
Leslie D. Hale
President and Chief Executive Officer, RLJ Lodging Trust
Mark S. Hoplamazian
President and Chief Executive Officer, Hyatt Hotels Corporation
Christopher J. Nassetta
President and Chief Executive Officer, Hilton
10:00 a.m. to 10:55 a.m.
Capital Transactions
INVESTMENT STRATEGIES FROM CAPITAL’S POV: BUYING, SELLING AND/OR HOLDING
Sixth Floor, Broadway Ballroom
With economic conditions in flux, both hotel operating results (EBITDA) and the costs of capital (cap rates) are volatile. How are the big hotel owners and investors mapping their strategies given the bi-directional turbulence? Who’s doing what with what asset, and what is the reasoning? Join these leaders as they share their thinking about what they are doing, and why.
Jeffrey A. Horwitz
Senior Partner, Proskauer
Michael D. Bluhm
Managing Director, Global Head of Gaming and Lodging, Morgan Stanley - Investment Banking
Greg Friedman
Managing Principal, Chief Executive Officer, Peachtree Group
R. Tyler Morse
Chairman and Chief Executive Officer, MCR
Mit Shah
Chief Executive Officer, Noble Investment Group
11:00 a.m. to 11:25 a.m.
STATISTICALLY SPEAKING: Do. The. Math. Presentation and Interpretation of Industry Trends
Sixth Floor, Broadway Ballroom
Numbers don’t lie. But what exactly do they tell us? Join the top industry research and consultation specialists as they share their data and expert interpretation, highlighting current trends and forecasts.
Amanda Hite
President, STR
Stephen Rushmore, Jr.
President and Chief Executive Officer, HVS
11:30 a.m. to 12:15 p.m.
360 Degrees of Leadership: Learning from Each Other
Sixth Floor, Broadway Ballroom
The lodging industry has diverse interests: financiers, brands, franchisors, owners, and managers. Add in tech: the revenue side, with OTA’s and other booking/marketing functions, and the cost side, with accounting, scheduling, robotics and all emerging operational innovations. While a successful property is in everyone’s best interest, members of each of these communities approach the investment thesis differently. Join these thought leaders as they compare notes and share their thinking about how it all fits together.
John S. Fareed
Global Chairman, Horwath HTL
James Bermingham
Chief Executive Officer, Virgin Hotels Collection
Ted Darnall
Partner and Chief Executive Officer, Lodging and Technical Services, HEI Hotels & Resorts
Tim Hentschel
Co-Founder and Chief Executive Officer, HotelPlanner
Thomas C. Morey
Executive Vice President and Chief Investment Officer, Park Hotels & Resorts
Neil H. Shah
President and Chief Executive Officer, Hersha Hotels and Resorts
WORKSHOP I – Finance
Short Term Rentals – What’s New?
Fourth Floor Odets
Who’s doing what, and why? Where do the hotel operators fit with these new models, and what does the future hold for us as an industry and as consumers?
Rick Ross
Partner, Global Chair, Hotels & Leisure and Global Co-Chair, Family Office & High Net Worth, Dentons
Fiona Downing
Chief Membership Officer, Panorama and Travel + Leisure Clubs, Travel + Leisure Co.
Jason Epstein
Managing Director, Co-Head of Real Estate Americas, Sonder
Lauren O’Neal
Senior Director, Global Brand Management, Marriott International
Kanishk Roy
Vice President, Transactions & Residential, Hyatt Hotels Corporation
WORKSHOP II – Industry Segment
Leaders of Growth
Fourth Floor Wilder
Choosing the right market, the right site, the right partner, and the right capital stack: growing a brand is complicated, whether it’s via franchise, management, sliver investment, or full-on ownership. This panel is comprised of the leaders who are tasked with growth all day, every day. Join them as they share their views of the current environment for development and re-branding.
Abhishek Jain
Partner, PricewaterhouseCoopers (PwC)
James Francque
Global Head of Transactions, Hyatt Hotels Corporation
David Mei
Vice President, Global Capital Investments & Transactions, IHG Hotels & Resorts
Brian Quinn
Chief Development Officer, Sonesta
Thomas Song
Chief Financial Officer, Aimbridge Hospitality
WORKSHOP III – Industry Data
Using Customer Data to Formulate a Competitive Advantage
Fifth Floor, Salon 2 in the Julliard Complex
With a proliferation of data collection technologies, hotel owners and managers can understand better than ever who are their customers, who should be their customers, and what their customers need. So where is the smart money spending its data dollars? How is the investment return measured and exactly how does data collection and utilization translate into a competitive advantage? Join these customer data experts as they share their thinking.
Rachael S. Rothman
Head of Hotels, Research, and Data Analytics, CBRE
Lauren M. Chewning
Senior Vice President, Strategy, Business Intelligence, and Data Operations, Marriott International
McKenna Luke
MAI, Managing Director, HVS
Bharet Malhotra
Senior Vice President of Sales, Cvent
Dana Rosenberg
Senior Vice President, Marketing, Wyndham Hotels & Resorts
Vail Ross
Senior Vice President, Sales and Marketing, STR
Workshop IV - Finance
Private Hotel Investment: Embracing Chaos
Sixth Floor, Winter Garden in the Majestic Complex
High inflation rates, high interest rates, global market turmoil and recessionary fears: while the hotel investment market has always had its complexities, it is at this time particularly chaotic. What is private capital doing to navigate through the various, and to some extent opposing, forces at play in the current market? This panel will explore how smart private investors are getting deals done, where they are finding opportunities, and how they are structuring investments that can close.
Francis J. Nardozza
Chairman and Chief Executive Officer, REH Capital Partners
Timothy Abram
Managing Director, Starwood Capital
Joseph Delli Santi
Chief Investment Officer, MCR
Greg Kennealey
Chief Executive Officer, Mission Hill Hospitality – A KSL Capital Company
Michael Ritz
Senior Vice President, Investments, Peachtree Group
Jeffrey Stulmaker
Partner and Chief Investment Officer, KHP Capital Partners
WORKSHOP V – Finance
The Recipe for the Downside: When Stress Turns Into Distress
Fourth Floor Ziegfeld
Take one cup of changed travel patterns and uncertain hotel room night demand, and combine with equal amounts of inflation-driven operating costs, higher interest rates, and deferred capex: some hotel properties are going to go from stressed to officially in distress. Yet the outcome for a distressed asset can differ depending on the tactics and strategies used by the owners, operators, investors, and the lenders. These panelists are experts in the trenches, working with distressed assets from all sides. Join them as they share their various perspectives on what tactics and strategies they see working in today’s environment.
Todd E. Soloway
Co-Chair Litigation / Head of Hotel + Hospitality Group and Real Estate Litigation, Pryor Cashman
Daniel Lesser
Co-Founder, President, and Chief Executive Officer, LW Hospitality Advisors
Steen Petri
Managing Director, Investments, HEI Hotels & Resorts
Andrew Wharton
Managing Director, REH Capital Partners
Eddie Yu
Managing Director, Investments, Ohana Real Estate Investors
WORKSHOP VI – Operations
Environmental Agenda - Navigating the Sustainability Imperative
Fifth Floor, Salon 4 in the Lyceum Complex
Like other industries, hotels are being challenged to tackle climate change as customers seek more sustainable travel options. However, the complexities of how hotels operate and the technicalities of the climate environment can make it difficult to know how to best respond to this demand. This session brings together individuals across the value chain from owners to investors to brands to try to find common ground from which they can together tackle the sustainability imperative.
Suzy O’Mara
Partner, Deloitte
Andrew Bodziak
Senior Vice President, Global Operations, Marriott International
Eric Duchon
Managing Director and Global Head of ESG, Blackstone
Lauren Pravlik
Senior Director, Committee Initiatives and Member Relations, American Hotel & Lodging Association (AHLA)
Matthias Schreiner
Senior Manager Global Accounts, Bookings.com
Rishi Shah
Senior Director, Sustainability, Wyndham Hotels & Resorts
WORKSHOP VII - Finance
Who’s Lending? - Speaking About Debt….
Fifth Floor, Belasco
In an increasing rate environment, access to debt is limited as lenders are being more selective in how they deploy capital and look at deals. How are lenders looking at the hotel financing market given the turbulent global environment? What can we expect out of the financial markets going forward?
Caroline Mahl
Managing Director, Head of Portfolio Management & Underwriting, Specialty Real Estate Finance - Wells Fargo Bank
Mat Crosswy
Principal and President, Stonehill
Kevin Davis
Americas, Chief Executive Officer, JLL | Hotels & Hospitality
Elizabeth King
Executive Director, J.P. Morgan
Lori Tirado
Managing Director, Head of Business Development, Access Point Financial
WORKSHOP VIII - Operations
Translating High RevPAR to High Margin
Fifth Floor, Booth and Edison in the Lyceum Complex
Everybody wants to increase RevPAR. But doing so almost always comes with additional costs: distribution, marketing, labor (if services are added), costs of goods (if amenities are added), capital costs of renovations, and more. Are all RevPAR increases created equal? The experts discuss how smart owners and operators can optimize flow-through from increases in RevPAR in order to sustain - or possibly improve? - operating margins.
Jeff Weinstein
Editor in Chief, Hotel Investment Today
Moneesh Arora
Chief Executive Officer, Unifocus
Michael J. Heaton
President, Waterford Hotel Group
Edward Hoganson
Executive Vice President, Chief Financial Officer & Chief Investment Officer, Crestline Hotels & Resorts
Vikram Pradhan
Senior Vice President, Revenue Management and Distribution, Wyndham Hotels & Resorts
Clint Woodlock
Senior Vice President, Finance, Americas, Hilton
2:00 p.m. to 2:10 p.m.
Hospitality Mid Year Performance: CFO Perspective
The hospitality industry continues to perform well through the first half of the year. NYU and EY have conducted a survey of hospitality CFOs to gauge their perspective on outlook for the industry, key drivers of growth and challenges & opportunities that lie ahead. This presentation will present the results of the survey.
Sean F. Hennessey
Clinical Associate Professor, Jonathan M. Tisch Center of Hospitality, NYU School of Professional Studies
Umar Riaz
Managing Director, EY
2:40 p.m. to 3:25 p.m.
Industry Leaders’ Think Tank: As the World Turns
Sixth Floor, Broadway Ballroom
The pandemic has ushered us into a world that is less stable than it was. Global political power is shifting. The patterns of travel demand have morphed. Technological change has accelerated. In short, nothing’s the same as it was. How do you balance when the balance beam doesn’t stay still? Join these thought leaders as they share their views on how the dynamics are playing out and, more importantly, how to capitalize on them.
Danielle Bozarth
Senior Partner, New York and Global Co-Leader of the Travel, Logistics, and Infrastructure Practice, McKinsey & Company
Reggie Aggarwal
Chief Executive Officer and Founder, Cvent
Olivier Chavy
President, Panorama and Travel + Leisure Clubs, Travel + Leisure Co.
William J. Ferguson
Chairman, Ferguson Partners
Mark Willis
Chief Executive Officer, Fairmont Hotels & Resorts
Joe Youssef
Executive Vice President of Commercial North America, Hospitality, Amadeus
3:25 p.m. to 3:55 p.m.
Lodging Industry Master Class: Attracting Talent Today for the Workforce of Tomorrow
Sixth Floor, Broadway Ballroom
We’ve all heard the pundits expound on what the next generation of the lodging industry will look like in terms of workforce and leadership, what we need to do to appeal to talent, and how we need to modify training and career pathing to retain the best and brightest. Now let’s let the next generation teach us.
Join NYU’s Associate Dean Nicolas Graf and Wyndham’s CEO Geoff Ballotti for an unscripted conversation with student representatives from NYU’s Jonathan M. Tisch Center of Hospitality about what our industry is doing right, what we’re doing wrong, and what we need to focus on in order to attract and develop skilled and committed associates and leaders for an A.
Geoff Ballotti
President and Chief Executive Officer, Wyndham Hotels & Resorts
Nicolas Graf, PhD
Jonathan M. Tisch Chaired Professor and Associate Dean, Jonathan M. Tisch Center of Hospitality, NYU School of Professional Studies
Tranita Barnett
Student, Hospitality and Tourism Management, University of Maryland Eastern Shore
Laila Jeffries-el
Marriott-Sorenson Center for Hospitality Leadership Scholar, Howard University
Ryan W. Lee
Student, Jonathan M. Tisch Center of Hospitality, NYU School of Professional Studies
Lisa Lorang
Graduate Student, Event Management, Jonathan M. Tisch Center of Hospitality, NYU School of Professional Studies
Sean Yang
Student, Hospitality and Tourism Management, Jonathan M. Tisch Center of Hospitality, NYU School of Professional Studies