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Budgets Set And Strategic Plans For 2021

Online
Wednesday, 10th February
15:00 - 16:00 | Greenwich Mean Time (GMT+0)
103 people are attending
Brenda Salas
Brenda
Brenda Salas
Content & Production Director Latin AmericaGRI Club
+52 777 496 8366
+44 20 7121 5060
Leonardo Di Mauro
Leonardo Di Mauro
Leonardo Di Mauro
Partner | Head of Real Estate LatAm
GRI Club
+55 19 9 9369 6733
+44 20 7121 5060
Leonardo Di Mauro é Sócio e Head do setor de Real Estate para LATAM, respondendo pela atuação do GRI Club em toda região. Começou sua carreira no CPqD onde atuou por quinze anos, finalizando sua trajetória nesta empresa como diretor comercial do setor de telecomunicações com forte atuação em países como Argentina, Brasil, Colômbia, Chile, México e Uruguai. É graduado em Engenharia Civil pela Escola de Engenharia de Lins, com MBA Executivo pela FGV e pós-graduado em Gestão de Projetos pela Universidade São Francisco.
Ludwig Menke
Ludwig
Ludwig Menke
Production ManagerGRI Club
Brazil
Production Manager at GRI Club. My job is to connect top investors, developers, banks, consultants, lawyers, and other Real Estate players and executives to GRI meetings and events that I produce in Brazil, Portugal and USA. International Relations and Affairs Analyst and Economist at Faculdades de Campinas (FACAMP). Study abroad in France at ICN Business School with a Bachelor of Business Administration (BBA Program).

GRI Club's Global Committees set the professional standard for peer-to-peer knowledge sharing in order to identify new trendscapitalise on growth opportunities and aid deal flow discovery worldwide.

Curated purely by members, spanning 80+ countries, and across all asset classes, this global committee meets once per month via zoom to share the current sentiment, investment appetite and debate where the market is going.

Participation is open and welcome to all GRI Club Members, under the wing of the specific committee chapter. Be part of the global dynamic exchange and always be present for the opportune moments in your asset and region.
 

GRI Global Committee
Hospitality Chapter

Budgets Set And Strategic Plans For 2021

  • What are the changes with Underwriting (U/W)? 
             - U/W = Real Estate: Acquisition, Development. IRR threshold, cap rates, EBITDAx, Ramp to Stabilization, 2019 actuals at 2019 multiples or cap rates, and discuss how to apply a PV of ramp to stabilization “costs” to get to 2021 values. 
             - Brands = Conversions, Approvals from Committee, Waivers of PIP, Growth Targets
             - Banks = DSCR, Other Covenants, Debt Yield, etc.
  • What are your growth targets? 
  • What is the largest change to your forecasting or budget compared to 2019 to 2020 vs. 2020 to 2021? 
  • Recovery expectations for 2021?

Submit your interest (Non-members)

Participation is restricted to Club Members and eMembers.

If you would prefer to contact us by email, please send to [email protected].

Our team will get in touch with you soon to confirm your participation

Participation is restricted to Club Members and eMembers.

If you would prefer to contact us by email, please send to [email protected].

Sponsorship opportunities

GRI eMeetings offers a unique opportunity for companies to raise their profile in front of the most senior executives of the Real Estate industry worldwide
Contact our team and check the sponsorship and exposure opportunities according to the strategy of your company.
 

Sponsorship Opportunities

Successful registration
Club Partners
Banco Sabadell en Peru
Brain
CBRE - México
CMS Hasche Sigle - Duesseldorf
Colliers International - Brazil
Duff & Phelps Ltd - London
Greystar
Grupo Patio
IHG Intercontinental Hotel Group
Newmark - Costa Rica
Regus - Mexico
SiiLA Mexico
Wolf Theiss - Poland
eClub Partner
Drooms GmbH
Pan European Club Partner
WeWork - UK
http://
Lima | Peru
Banco Sabadell es el cuarto grupo bancario privado español integrado por diferentes bancos marcas sociedades filiales y Sociedades participadas.
http://www.brain.srv.br
http://www.brain.srv.br
+55 41 3243 2880
Curitiba | Brazil
BRAIN is a company of intelligence, research and market studies in Real Estate. Brain develops quantitative, qualitative researches, product tests, vocational studies and competitive analysis, with its own methodology throughout Brazil.
http://www.cbre.com.mx/
http://www.cbre.com.mx/
+52 55 5284 0000
Ciudad de México | CMX | Mexico
Real Estate Consultancy specialized in providing solutions to investors developers occupiers and owners in all business lines.
https://cms.law/en/INT/global-reach/International/CMS-INT/Real-Estate-Construction
Düsseldorf | Germany
With the largest commercial real estate team in Europe and one of the biggest worldwide, CMS is well positioned to help investors, funders, developers, landlords and occupiers navigate all aspects of the real estate market and maximise their assets. Whatever the size and scope of your project or deal, with almost 800 real estate lawyers in 47 countries we have the resources to meet your needs quickly and efficiently, offering expert advice. We have been active in real estate in our markets for decades, so we understand the culture, the economic context, the local legal context and the history.
http://www.colliers.com/
http://www.colliers.com/
+55 11 3323 0000
São Paulo | SP | Brazil
Colliers International is the global leader offering a complete portfolio of services for real estate investors, landlords, tenants and developers. As a subsidiary of FirstService Corporation, Colliers has professionals in 485 offices around the world united by an entrepreneurial spirit - we take the initiative, think creatively, collaborate to reach and use our experience to innovate. Our 16,000 employees share a culture of service excellence. We strive to provide the best service experience in the business results we achieve and the personal attention in order to exceed the expectations of our clients.
http://www.duffandphelps.com
London | United Kingdom
Duff & Phelps REAG offers independent, specialized consultancy in connection with real estate investments, valuation, asset and portfolio management.
http://www.greystar.com/
Property and investment management and development services for residential and student housing properties.
http://www.patio.cl/
http://www.patio.cl/
+56 2 2979 6600
Santiago | Chile
Grupo Patio is a leading real estate company in Latin America and one of the fastest growing real estate development platforms in the region. The Company has under administration over US$1,5 bn, invested in over 70 real estate assets. The Company operates through each of its 5 divisions: Patio Comercial (Retail), Patio Oficinas (office), Patio Industrial (industrial), Patio Residencial (residential) and Patio Capitales (capital markets division). During its 14 years of operations, the Company has consolidated as a platform with a strong emphasis on value generation through an active management of its portfolio, innovative designs and strong focus on productivity and profitability of its assets.
http://
Florida | USA
IHG® is a global organization with a broad portfolio of hotel brands, including InterContinental®, Kimpton®, Hotel Indigo®, EVEN® Hotels, HUALUXE®, Crowne Plaza®, Holiday Inn®, Holiday Inn Express®, Holiday Inn Club Vacations®, Holiday Inn Resort®, avid™ hotels, Staybridge Suites® and Candlewood Suites®. IHG franchises, leases, manages or owns more than 5,200 hotels and nearly 780,000 guest rooms in almost 100 countries, with more than 1,500 hotels in its development pipeline. IHG also manages IHG® Rewards Club, our global loyalty program, which has more than 100 million enrolled members. InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG’s hotels and corporate offices globally. Visit www.development.ihg.com for development information.
https://ngcentralamerica.com/
San José | Costa Rica
Newmark Knight Frank is one of the world’s leading commercial real estate advisory firms. We provide a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe.
http://www.regus.com.mx/
Ciudad de Mexico, Distrito Federal | Mexico State | Mexico
Regus is a global provider of work environments. Its network of more than 3,000 business centers in more than 104 countries. It provides convenient and high-quality spaces for people to work on, whether for minutes or years.
http://www.siila.com.mx
MEX | Mexico
SiiLA Mexico's mission is to provide market intelligence of the commercial real estate sector with the highest quality standards. SiiLA Mexico is a cloud-based platform backed by the best technology, reliable methodology and advanced statistics. This has successfully positioned us in Latin America as a provider of objective data and specialized consulting that allows our clients to make informed decisions.
http://www.wolftheiss.com/
http://www.wolftheiss.com/
+48 22 378 8900/ 48 22 378847
Warsaw | Poland
Wolf Theiss is one of the leading law firms in CEE and SEE. We have built our reputation on a combination of unrivalled local knowledge and strong international capability. We opened our first office in Vienna 60 years ago. Our team now brings together over 340 lawyers from a diverse range of backgrounds, working in offices in 13 countries throughout the CEE and SEE region. Over 80% of our work involves cross-border representation of international clients, and we offer full range of services.
https://www.drooms.com/
Frankfurt | Germany
Drooms is the leading provider of data rooms in Europe, connecting professionals and information in the worlds´ real capital markets. Our mission is to drive the transformation of manual processes into smart digital workstreams by connecting data and professionals across boundaries. We are expanding our tools and services around the globe through online, direct and indirect distribution channels with our passionate people, the main driver of our success.
http://www.wework.com
http://www.wework.com
+44 20 3695 7895
London | United Kingdom

Confirmed Participants

Aakash Patel
Aakash Patel
The Witness Group
Alejandro Acevedo
Alejandro Acevedo
Marriott International
Alex Andjel
Alex Andjel
Virgin Hotels
Alinio Azevedo
Alinio Azevedo
The Little Nell Hotel Group
Amit Bhagat
Amit Bhagat
ASK Property Investment Advisors
André Almeida
André Almeida
Braamcamp 119
Andreas Ewald
Andreas Ewald
Engel & Völkers Hotel Consulting
Andreas Schaefer
Andreas Schaefer
M&G Group
Andrew Miele
Andrew Miele
Six Senses Hotels Resorts Spas
Andriy Gulakov
Andriy Gulakov
easymalon
Asli Kutlucan
Asli Kutlucan
Cycas Hospitality
Bettina Graef-Parker
Bettina Graef-Parker
Aareal Bank
Binh-Son Luong
Binh-Son Luong
Epsilon Capital
Camilo Bolaños
Camilo Bolaños
Hyatt Hotels Corporation
Aakash Patel
Aakash
Aakash Patel
Founder & Chief Development OfficerThe Witness Group
USA
Aakash Patel is Partner and Chief Development Officer of The Witness Group, which is a fully integrated company with three distinct core solutions that work together to create the ideal trifecta for funding, building and managing the perfect stay. The Witness Group has over 40 projects open or under development, totaling 4000+ rooms.

Prior to joining The Witness Group in 2016, Aakash was the Chief Operating Officer of KB Hotel Group. Prior to KB Hotel Group, he consulted various Fortuned 500 clients and was a Senior Consultant in the Strategy Practice with Ernst & Young (EY).

Aakash graduated from the New York University Stern School of Business with a degree in finance and economics.
Alejandro Acevedo
Alejandro
Alejandro Acevedo
Regional VPMarriott International
USA
Mr. Acevedo is currently a Vice President of the Caribbean and Latin America Region of International Lodging Development of Marriott International. Prior to join Development, Mr. Acevedo was Manager in the Development Finance Department, Global Finance of Marriott International. He was also an associate at Crown Capital Latin America, a Private Equity Investment Fund based in New York. Previously he was a Project Leader at Promotora Cancun sunset Clubs in Mexico. Prior to this he worked as a consultant with GTT Proyectos in their Mexico City office. Mr. Acevedo holds a B.S. in Mechanical Engineering from Universidad Iberoamericana in Mexico City and an MBA from Georgetown University in Washington D.C.
Alex Andjel
Alex
Alex Andjel
VP DevelopmentVirgin Hotels
United Kingdom
With 17 years’ experience in Hospitality and Real Estate , Alex has accumulated a track record in the sector. Currently, Alex is responsible for leading the expansion of Virgin Hotels in EMEA with the first project being VH Edinburgh (opening summer 2021). Virgin Hotels expect to announce a further two to three properties in Europe this year. Prior to Virgin Hotels, Alex was SVP Development at YOTEL, and previously as SVP Development of Orient-Express Hotels Ltd (Belmond) where he managed more than $500 million of acquisition, financing and dispositions of non-core assets. He successfully helped the company transition to third party hotel management agreements with its first hotel being the Belmond Cadogan Hotel.
Alinio Azevedo
Alinio
Alinio Azevedo
Managing Director and COOThe Little Nell Hotel Group
USA
Twenty year career includes hotel/resort acquisitions and development for Loews Hotels, the opening of a Miami development office and brand expansion in the Americas for Four Seasons Hotels and Resorts, real estate advisory services for Ernst and Young LLP in Miami. An internationally-experienced industry professional, including investor relations and projects in North America, Latin Americas, Europe. As a former adjunct Professor in the Hospitality Management Master’s Program at Florida University, has an MBA from Duke University’s Fuqua School of Business and a Bachelor of Science in Engineering from the Universidade Federal in Brazil and also attended the École Supérieure des Sciences Économiques et Commerciales (ESSEC) in Paris.
Amit Bhagat
Amit
Amit Bhagat
CEO & Managing DirectorASK Property Investment Advisors
India
Mr. Bhagat Co-founded the Real Estate Private Equity business of ASK Group in 2008. He has experience of more than a decade in the mortgage finance including as National Credit Head for the mortgage division of ICICI Bank. He was also the head of ICICI Property Services and has advised/syndicated over US $ 500 Mn of private equity investments. At ASK, he has raised and manages/advises an offshore and three domestic funds amounting to US $ 500 mn. He has invested in 25 projects in five cities and demonstrated complete exits from 11 projects. Mr. Bhagat is a Chartered accountant.
André Almeida
André
André Almeida
Managing DirectorBraamcamp 119
Portugal
Andre is graduated in architecture at Faculdade de Arquitetura do Porto and has a post degree in Real Estate Management at Porto Business School. Andre combines his experience of liberal architecture practice with the management and development of Real Estate Assets.
Andreas Ewald
Andreas
Andreas Ewald
Founding PartnerEngel & Völkers Hotel Consulting
Germany
Andreas Schaefer
Andreas
Andreas Schaefer
Director – Real Estate FinanceM&G Group
United Kingdom
Andrew Miele
Andrew
Andrew Miele
Head of Development, AmericasSix Senses Hotels Resorts Spas
USA
As Head of Development, Americas, based in Miami, Andrew has responsibility for growing the Six Senses portfolio of hotels, resorts, and spas across the Americas. He believes strongly in the pillars and values of the Six Senses brand, lives by them harmoniously, and applies them to shape how he looks at each new opportunity. As the world recalibrates the focus on well-being and sustainability will no doubt be amplified. Prior to joining Six Senses he spent over 12 years at Four Seasons Hotels and Resorts, were he oversaw and lead the growth and due diligence on a number of projects and openings internationally such as, Megeve, Bogota, Sao Paulo, Surf Club (Florida), Los Cabos, Montreal, Rio de Janeiro, and New Orleans.
Andriy Gulakov
Andriy
Andriy Gulakov
COOeasymalon
Israel
COO at easyMalon Ltd - exclusive representative of easyHotel in Israel, aiming to open seven franchised properties across Israel with the next ten years. Andriy is responsible for overall program management, investor relations, and fundraising. His 15 years in hospitality started with the development and sales of wellness products. Then he transitioned to the event business as a co-founder and CEO of the event management company, which led until moving to Tel Aviv, Israel. There, he joined a local company rendering purchasing and supply chain management services to electronic device manufacturers. Though currently serving as a COO for two companies, his primary focus is on bringing the very first easyHotels to Israel.
Asli Kutlucan
Asli
Asli Kutlucan
Chief Development OfficerCycas Hospitality
Netherlands
Asli is a hotel development professional who has worked in global hospitality for over 25 years. Specialising in luxury, full & limited service as well as extended stay hotels acquisition, negotiation and execution of deals, focusing on the UK and continental Europe. Before Cycas, Asli was a hospitality and entrepreneurship lecturer in Rwanda, where she also developed and opened the country’s first boutique hotel. While a member of the Rwanda Development Board, she helped the governmental think tank maximise tourism. Her previous tenures involved managing Country House Hotels as well as Resort Hotels in America as well as Turkey.
Bettina Graef-Parker
Bettina
Bettina Graef-Parker
MD - Special Property FinanceAareal Bank
Germany
Mrs. Bettina Graef-Parker is Head of Hotel Properties at Aareal Bank AG, one of the leading providers of debt financing to the hospitality industry worldwide. With her team, she is responsible for the structuring and origination of various forms of loans to the lodging industry. Aareal Bank AG provides property finance solutions in more than 25 countries across Europe, North America and Asia.
Binh-Son Luong
Binh-Son
Binh-Son Luong
Managing DirectorEpsilon Capital
Luxembourg
Binh-Son is the founder of Epsilon Capital S.A. and also acts as an independent director to family businesses and institutional companies, such as KKR European real estate holdings among others. He comes from a financial background and has held various positions for international banks in Tokyo, Frankfurt, London (Lehman Brothers in Mergers & Acquisitions, among others), before focusing on private equity real estate. He has closed on transactions amounting to more than €5.0bn for Deutsche Bank RREEF private equity real estate funds, and lately he built the real estate investment platform in Europe & North America for a private company, setting up the operations and successfully deploying $500m in Europe & North America.
Camilo Bolaños
Camilo
Camilo Bolaños
VP Development & Real EstateHyatt Hotels Corporation
USA
Camilo Bolaños is Vice President of Development & Real Estate for Hyatt Hotels Corporation in Latin America and the Caribbean. Mr. Bolanos is currently in charge of development and strategic business planning in Latin America for Hyatt with a specific emphasis in Mexico, Central America, the Caribbean and the Andean region in South America. He is focused in not only refining, but also spearheading the development strategies for these markets and structuring deals that bring together local needs and opportunities while successfully satisfying Hyatt’s mid- to long-term business model.
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