43rd Annual NYU International Hospitality Industry Investment Conference Agenda

Monday, November 8, 2021 (Afternoon)


CONCURRENT WORKSHOPS:

12:10 p.m. to 1:00 p.m.

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

Lodging’s Alternative Universe: What is Mainstream, What is Disruptive, and What’s Next?

Fourth Floor, Odets

AirBNB started the disruption of our sector with its home-sharing model and is now developing a hotel in Rockefeller Plaza. Start-ups are part-nering with them and others to buy entire apartment complexes. Marriott, a blue-blood of the traditional lodging sector has now developed its Homes-and-Villas home-sharing platform. Wyndham’s European Vacation Rental business is in the same space with emerging property managers such as Vacasa and Evolve. There also are a number of more urban-oriented dis-ruptors. How is our industry morphing and what does it mean for customers, brands, and traditional owners, finan-ciers, and lawyers? When disruption becomes part of the mainstream is it still disruptive? In short, Dad... are we there yet?

Moderator:
Rick Ross

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

Panelists:
Morgan Brown

Morgan Brown
Vice President, Real Estate Strategy, Inspirato

Joe DiTomaso

Joseph DiTomaso
Co-Founder and Chief Executive Officer, AllTheRooms

Hari Nair

Hari Nair
Global Senior Vice President and General Manager: Account Management, Expedia Group 

Paul Sacco

Paul Sacco
Chief Development Officer, Mint House


WORKSHOP II – Design/Development

Design Innovation: Here to Stay or Gone Tomorrow?

Fourth Floor, Wilder

Experts review what has changed temporarily in the hotel design and what is here to stay based upon what we have learned over the past year. Take a deep dive into public and F&B spaces, guestrooms, and amenities to understand how or if they will change.

Moderator:
Scott P. Rosenberg

Scott P. Rosenberg
President, Nehmer

Panelists:
Michael Damitio

Michael Damitio
Managing Director of Asset Management, Geller Capital Partners 

Kavitha C. Iyer

Kavitha C. Iyer
Head of Design, IHG Hotels & Resorts

Kat Kim

Kat Kim
Vice President, Creative, Dream Hotel Group

Meredith B. Zimmerman

Meredith Zimmerman
Vice President – Design, RLJ Lodging Trust


WORKSHOP III – Industry Segment

Select Service and the Elements of Enduring Appeal

4th Floor, Ziegfeld

This segment has been the industry darling of an entire community of owners, operators and developers through the entire cycle.  As the cycle shifts, will we see doubling-down or selling?  Can owners expect values to hold? Will new supply be constrained, or will new construction technologies and new design priorities (such as smaller room sizes, showers-only bathrooms, and so forth)  lower development costs enough to maintain momentum?  What can owners and investors expect from this segment when an economic stress test arrives?

Moderator:
Stephanie Ricca

Stephanie Ricca
Editorial Director, Hotel News Now                      

Panelists:
James Carroll

James Carroll
President and Chief Executive Officer, Crestline Hotels & Resorts, LLC 

Chip Ohlsson

Chip Ohlsson
Executive Vice President and Chief Development Officer, North America

Adam Sherer

Adam Sherer
Senior Vice President for Lodging Development (East) – Marriott Select Brands, Marriott International

Jim Tierney

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


WORKSHOP IV – Operations

Hotel Franchise Agreements: Perspectives from the Brands, Owners and Operators

Fifth Floor, Booth and Edison in the Lyceum Complex

How will franchise agreements and brand standards evolve as industry disruptors continue to innovate? How will the increasing number of new hotel brands affect the marketplace? How can franchisors help owners through a tightening market? Does the franchisee or third-party operator have the ability to influence the brands?                                                  

Moderator:
Julienne Smith

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

Panelists:
Bill Fortier

Bill Fortier
Senior Vice President, Development Americas, Hilton

 

Kate Henriksen

Kate Henriksen
Co-Chief Investment Officer, RLJ Lodging Trust

Naveen P. Kakarla

Naveen P. Kakarla
President and Chief Executive Officer, HHM

Mehul Patel

Mehul Patel
Managing Partner and Chief Executive Officer, NewcrestImage


WORKSHOP V – Finance

M&A Today:  The Urge to Merge

Fifth Floor, Salon 4 in the Lyceum Complex

REIT’s do it.  Data analytics entities do it. Technology companies do it too.  And branded hotel companies have been doing it for years now.  The urge to merge persists.  Is this driven by the need for scale? By the lack of availability of other growth opportunities? Or is it simply the continual proving out of capitalism’s economic model where efficiency must win?  The players and experts discuss the big picture, the strategies behind some of the recent M&A activity in the news, and what we can look forward to for the rest of the year.

Moderator:
Todd E. Soloway

Todd E. Soloway
Co-Chair Litigation / Head of Hotel + Hospitality Group and Real Estate Litigation, Pryor Cashman

Panelists:
Nicolas Broussaud

Nicolas Broussaud
Head of Transactions, Accor                           

Arthur Goldfrank

Arthur Goldfrank
Managing Director, Mergers and Acquisitions, Deutsche Bank Securities

Richard S. Hoffman

Richard S. Hoffman
Global Business Development Officer, Marriott International

Daniel Lesser

Daniel Lesser
President and Chief Executive Officer, LW Hospitality Advisors  

Thomas Song

Thomas Song
Chief Financial Officer, Aimbridge Hospitality


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:
Tom Buoy

Tom Buoy
Executive Vice President and Chief Commercial Officer, Radisson Hotel Group Americas

Jeffrey Emenecker

Jeffrey Emenecker
Senior Director, Analytics, Cvent

Isaac Kwaski Esseku

Isaac Esseku
Global Head of Execution, Evidence Lab Innovations, UBS AG

Vail Ross


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


WORKSHOP VII – Industry Segment  

Lifestyle Hotels in the Afterlife

Fifth Floor, Balasco and Broadhurst in the Julliard Complex

With their social lobbies, hot bars, and buzzy lifestyle hotels restaurants, were hard-hit a year ago.  Now, in this COVID-informed world, how does the underlying gestalt hold up?  Panelists will discuss the challenges and opportunities within the lifestyle hotel realm, not only from the development and operations standpoint but also from the perspective of sheer creativity. How and where are these experts finding inspiration to apply to their brands, development plans, and ongoing operations? In an arena that was already getting crowded, what feels fresh today?  And, what non-hotel-industry brands, influencers, authors and artists will directly influence our industry moving forward?

Moderator:
Jeff Weinstein

Jeff Weinstein
Editor in Chief, HOTELS              

Panelists:
Michael Fuerstman

Michael Fuerstman
Co-Founder and Creative Director, Pendry Hotels & Resorts

Kathleen Reidenbach

Kathleen Reidenbach
Chief Commercial Officer, Kimpton Hotels & Restaurants                          

Jay Stein

Jay Stein
Chief Executive Officer, Dream Hotel Group

Homi Vazifdar

Homi Vazifdar
Chief Executive Officer, Canyon Equity      

Philippe Zrihen

Philippe Zrihen
Head of Americas, Ennismore


WORKSHOP VIII – Finance

Deals and Strategies for the Race Along The Winding Road Ahead

Sixth Floor, Winter Garden in the Majestic Complex

Private capital continues to shape the lodging industry allocating resources to some deals and not to others, under certain structures but not others.  In the current environment, where it is tougher than ever to forecast the future, where is private capital placing its bets?  These expert panelists are in the day-to-day business of investing in the lodging sector, and they’ve promised to share their investment rationales, and where   - and under what forms – they are putting their money down.

Moderator:
Francis J. Nardozza

Francis J. Nardozza
Chairman and Chief Executive Office, REH Capital Partners  

Panelists:
Joseph Delli Santi

Joseph Delli Santi
Senior Vice President, Acquisitions and Development, MCR

Jarrad J. Evans

Jarrad Evans
Chief Investment Officer, Remington Hotels         

Clark W. Hanrattie


Clark W. Hanrattie
Partner, HEI Hotels & Resorts

Michael Magrans

Michael Magrans
Principal, EY           

Michael Magrans

Jeffrey Stulmaker
Principal, Investments, KHP Capital Partners


1:00 p.m. to 3:40 p.m.

GENERAL SESSIONS:

1:00 p.m. to 2:00 p.m.

LUNCHEON

Sixth Floor, Broadway Ballroom


WELCOME

HOTEL NEWS NOW STEPHEN W. BRENER SILVER PLATE AWARD

RECIPIENT:
Dorothy Dowling

Dorothy Dowling
Senior Vice President and Chief Marketing Officer, BWH Hotel Group

PRESENTER:
Stephanie M. Ricca

Stephanie M. Ricca
Editor in Chief, Hotel News Now


2:00 p.m. to 2:30 p.m.

BEYOND THE BOARDROOM

Sixth Floor, Broadway Ballroom

Each year, Jonathan Tisch interviews a prominent player on the world stage, focusing on current events and ideas that can enhance our business acumen.  This year’s distinguished guest is Jamie Dimon, chairman and chief executive officer of JPMorgan Chase, the largest of the big four American banks.  Jamie’s career started at American Express and included stints at Citigroup, the financial services conglomerate that he helped to create, and Bank One.  He has served on the board of directors of the Federal Reserve Bank of New York, and has been included numerous times in Time magazine's list of the world's 100 most influential people. Join us as Jon and Jamie engage in a provocative discussion about the complex social, political, technological, and economic forces that are disrupting our world, and how this dissonance is re-formulating the structure of global travel and the lodging industry.

INTERVIEW GUEST:
Jamie Dimon

Jamie Dimon
Chairman and Chief Executive Officer, JPMorgan Chase & Co.

INTERVIEW MODERATOR:
Jonathan M. Tisch

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


2:35 p.m. to 3:20 p.m.

PERSPECTIVES IN LEADERSHIP

Even before the pandemic, the lodging industry was at a pivot point, being impacted by numerous vectors of change, including competition from short-term rentals, shifts in technology, and the increasing importance of ESG-related issues. But now, a new, post-pandemic world is emerging under our feet.  After a year of “not-normal”, it is difficult to truly know which changes are permanent, which are transitory, and which will come next.  Navigating the business world as this transmutation occurs calls for keen strategic vision, flawless tactical execution, and smarts.  These trailblazers are leading the lodging industry into its future: hear about the business issues and concerns that each is focusing on today.

Moderator:
William J. Ferguson

William J. Ferguson
Chairman and Chief Executive Officer, Ferguson Partners

Panelists:
Liam Brown

Liam Brown
Group President, US and Canada, Marriott International

Kristin Campbell

Kristin Campbell
Executive Vice President, General Counsel & Chief ESG Officer, Hilton Hotels

Heather McCrory

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

Mit Shah

Mit Shah
Chief Executive Officer, Noble Investment Group


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

REIMAGINING THE WORKFORCE: LABOR CHALLENGES AND OPPORTUNITIES IN TRAVEL AND LODGING

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.

PRESENTERS:
Vanja Bogicevic, PhD

Vanja Bogicevic, PhD, M.Arch.
Director of HI Hub Experiential Learning Lab and Clinical Assistant Professor, NYU School of Professional Studies, Jonathan M. Tisch Center of Hospitality

Tom McCaleb

Tom McCaleb
Managing Director and Partner, Boston Consulting Group

Oliver Bonke

Oliver Bonke
Advisor, The Boston Consulting Group and Advisory Board, NYU Tisch Center of Hospitality


3:40 p.m. - 4:00 p.m.

COFFEE BREAK IN THE EXHIBITOR AREAS

Fifth Floor Foyer and Sixth Floor Foyers

Meet Conference sponsors, as well as other industry leaders. Network as you reenergize with refreshments in the Exhibitor Areas.


CONCURRENT WORKSHOPS:

4:00 p.m. to 5:00 p.m.

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 – Technology

Game Changers – Digital Transformation in Hospitality

Fourth Floor, Wilder

Learn from top hospitality executives about how they are adopting the latest trends and innovation to improve their business processes, and creating value for their properties, employees, and guests.

Moderator:
David Woolenberg

David Woolenberg
Chief Executive Officer, Duetto

Panelist:
Tom Botts

Tom Botts
Chief Commercial Officer, UpLift

Andrew Jordan

Andrew Jordan
Chief Marketing Officer, Aimbridge Hospitality

Laura B. Mutterperl

Laura B. Mutterperl
Chief Legal Officer, Dream Hotel Group


WORKSHOP X – Finance

Dealmakers: Dealing with Deals

Fourth Floor, Odets

With the complexities of new technology, global tensions, M&A activity, and a nail-biting economy,  dealmaking is more of an art form than ever before.  Hear from some of the industry’s best “execution experts” about today’s hot button issues, where capital is coming from and what it is looking for, who’s playing and who’s not, and the creativity, expertise, and perseverance required to get a deal done in the current climate.

Moderator:
Keith M. Pattiz

Keith M. Pattiz
Partner, McDermott Will & Emery

Panelists:
Jeffrey Davis

Jeffrey Davis
Senior Managing Director – Co-Head Hotels Investment Sales, JLL Hotels & Hospitality Group

Daniel C. Peek

Daniel C. Peek
President, Hotel Group, Hodges Ward Elliott

Louis Stervinou

Louis Stervinou
Managing Director, Eastdil Secured

Robert J. Webster

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

Lawrence B. Wolfe

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


WORKSHOP XI – Operations

Structuring the HMA to Impact Asset Value

Fourth Floor, Ziegfeld

The price at which a hotel trades is impacted not only by whether it is encumbered by management, but also by the unique characteristics of any such encumbrance.   Management contract terms can impact the asset’s perceived value and perceived upside potential, it’s tradability, and the size and character of the potential pool of buyers.  These expert panelists discuss this complex issue, and strategies for structuring the management agreement to optimize the hotel‘s underlying value.

Moderator:
Michelle S. Russo

Michelle S. Russo
Founder and Chief Executive Officer, Hotel Asset Value Enhancement (hotelAVE)

Panelists:
Chad L. Crandell

Chad L. Crandell
Managing Director and Chief Executive Officer, CHMWarnick

John Hamilton

John S. Hamilton
Executive Vice President, Business Development, Pyramid Hotel Group

Greg Hartmann

Greg Hartmann
Senior Vice President Luxury, Lifestyle, Resort Residential & Corporate Development, Hilton

Rick S. Kirkbride

Rick S. Kirkbride
Partner, Paul Hastings

Mark Schoenholtz

Mark Schoenholtz
Vice Chairman, Co-Head of Lodging, Newmark


WORKSHOP XII – Industry Segment

Hotel Residential  

Fifth Floor, Booth and Edison in the Lyceum Complex

Branded residential in a hotel context has greatly evolved since the Great Recession.  Mixed-use and luxury projects are increasingly featuring some form of for-sale product.  From stand-alone branded residential projects to condominium-hotels and rental programs, this panel will explore  lessons learned and leading practices for the development, sale and operations of hotel residential. 

Moderator:
Isabelle Claver Dengra

Isabelle Claver
Director, PwC

Panelists:
Rachel Bates

Rachel Bates
Partner, Latham & Watkins

Dana Jacobsohn

Dana Jacobsohn
Chief Development Officer, U.S. Luxury Hotels and Global Mixed-Use, Marriott International

Stacey Nadolny

Stacey E. Nadolny
Senior Partner, Managing Director, HVS

Jonathan Wingo

Jonathan Wingo
Global Head of Residential Programs, Hilton


WORKSHOP XIII – Operations

Are They Guests, or Members?  Loyalty, Rewards, and Customer Ownership

Fifth Floor, Salon 4 in the Lyceum Complex

With data pointing to the increasing costs of new customer acquisition compared to the cost of retaining an existing customer, loyalty programs are no longer the purview of the airline and hotel industries. Retailers, restau-rants, the auto parts store, – everyone seems to be converting customers to “members”. And they are ready with the goodies, offering to buy your loyalty with all manner of points, rewards, membership ID’s, and dis-counts. Our industry’s own OTA’s are offering loyalty programs. What does the proliferation of the membership model mean for lodging? Are hotel loyalty programs more important than ever or are they being diluted, lost in the ambient noise of everyone else’s membership offers? Is the idea that the prizes must be enlarged or can they be pared back without customer protest? Are there any cutting-edge changes coming to hotel loyalty programs? How do we know how well they are working?

Moderator:
Noah Brodsky

Noah Brodsky
President, Travel + Leisure Group, and Chief Brand Officer, Travel + Leisure Co.

Panelists:
Eliot Hamlisch

Eliot Hamlisch
Executive Vice President, Loyalty & Revenue Optimization, Wyndham Hotels & Resorts 

Ari Levin

Ari Levin
Vice President, Partnerships, Hyatt

Robert McDowell

Robert McDowell
Chief Commercial Officer, Choice Hotels International

Ron Pohl

Ron Pohl
Senior Vice President, Chief Operating Officer, BWH Hotel Group  

William White

William White
Senior Vice President, Acquisitions and Development, MCR


WORKSHOP XIV – Finance

The View from the Banks: Swimming, Drowning or Treading Water

Fifth Floor, Salon 2 in the Julliard Complex

How are the banks responding in the river of economic tension and political uncertainty?  What makes some deals do-able and others not?  What kinds of deals are attracting debt and equity, under what kinds of terms, and what does underwriting look like today?  Leading sources of capital for the lodging sector describe the tide, the waters, and the direction of the current.  How hard and in what direction do owners and developers need to swim in order to attract capital?

Moderator:
Reza Akhavi

Reza Akhavi
Managing Director and Co-Head of Real Estate Investment Banking, Deutsche Bank Securities

Panelists:
Scott B. Ellman

Scott B. Ellman
Managing Director, Eastdil Secured

Kellan Florio

Kellan Florio
Managing Director, Goldman Sachs

Davin Thigpen

Davin Thigpen
Managing Director, JPMorgan Chase & Co.

Paul Whyte

Paul M. Whyte
Managing Director, Wells Fargo


Workshop XV – Industry Segment

The Enduring Attraction of Resort Hotels

Fifth Floor, Belasco and Broadhurst in the Julliard Complex

Resorts and resort hotels can be among the most complex types of lodging properties.  They can include costly and land-intensive amenities, such as golf or ski slopes.  They can adjoin – or reside on – public land such as beaches and national parks.  There are often multiple types of accommodations, a mix of ownership models including pure hotel, condo-hotel, timeshare and villas and all kinds of operational, financial, and managerial challenges.  Why then does this segment continue to attract some of the most prominent investors in the world? Experts discuss the nature of the industry’s continuing love affair with this genre, current trends in customer preferences, what investors are looking for today, and what will we see next?     

Moderator:
Andrew Wharton

Andrew Wharton
Managing Director, REH Capital Partners

Panelists:
James A. Francque

James A. Francque
Global Head of Transactions, Hyatt Hotels Corporation  

Evan Laskin

Evan Laskin
Chief Investment Officer, Margaritaville 

Mark Purcell

Mark Purcell
Senior Vice President, Development, Accor


WORKSHOP XVI – Operations

Data Protection, AdTech & Contracting – Understanding and Managing Your Compliance Obligations

Sixth Floor, Winter Garden in the Majestic Complex

Changes to privacy and data protection laws around the world and, increasingly, on the state-level in the U.S., have made managing compliance obligations and setting up business-enabling privacy programs seemingly more challenging than ever for the hospitality industry.  In this session, we will overview some of the recent developments as well as some of the changes to expect over the next year.  Panelists will discuss the ways in which they are thinking about matters of respecting customer privacy, complying with rules in different global jurisdictions, handling new vendor contracting issues, and more in the "privacy-first era."

Moderator:
Darren Abernethy

Darren J. Abernethy
Shareholder, Greenberg Traurig

Panelists:
Courtney Ingraffia Barton

Courtney Ingraffia Barton
Vice President and Senior Counsel, Privacy and Data Security, Marriott International

Jason Koye

Jason Koye
General Counsel and Worldwide Privacy Officer, Omnicom Media Group

 

Noga Rosenthal

Noga Rosenthal
Chief Privacy Officer and General Counsel, Ampersand


5:00 p.m. to 6:30 p.m.

A NIGHT WITH HILTON

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.