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RUSSIA and CIS a Team That Will Deliver More
HOSPITALITY AND LEISURE IN RUSSIA and CIS A teaM that Will deliVer More The DLA Piper’s Russian Hospitality & Leisure team works with the majority of international operators and many owners of internationally branded hotels in Russia and the CIS. We help you overcome the many unique challenges you will face with your hotel project across all areas of law. Partner Scott Antel, who heads our Russian/CIS Hospitality Practice was awarded the 2012 Leadership Award at the Russian Hotel Investment Forum for contribution to the hotel industry. Combining legal expertise, sector experience and knowledge of the Russian market “street” realities, we offer pragmatic solution. Our team advises Russian owner/developer clients on how the international hotel management structure works, what are best practice and key points to focus on in negotiations. From working with both owners and operators, we know the key commercial points of concern, as well as the negotiating boundaries both parties may usually allow. We can save you time and money by focusing on the key elements in negotiations. We have built a reputation for getting deals done timely and efficiently. In addition to advising on legal aspects of hotel management, our team is also active in such areas of hospitality and leisure as advising on legal aspects of design and management of golf courses, ski resorts, spa and restaurants, and on large-scale event/catering contracts. We also have represented both buyers and sellers on numerous hotel acquisitions and have structured and represented parties to multiple hotel development joint venture agreements. 02 | Hospitality and Leisure in Russia and CIS Our GloBal presence With more than 200 lawyers throughout our worldwide offices, DLA Piper’s global Hospitality & Leisure group advises owners, managers, franchisors, developers and lenders with respect to hotels and other hospitality and leisure businesses around the world. -
Immediate Plans for NH Hotel Group
Minor International NH Hotel Group’s Proposed Tender Offer July 2018 STRICTLY PRIVATE & CONFIDENTIAL Disclaimer Statements included or incorporated in these materials that use the words "believe", "anticipate", "estimate", "target", or "hope", or that otherwise relate to objectives, strategies, plans, intentions, beliefs or expectations or that have been constructed as statements as to future performance or events, are "forward-looking statements" within the meaning are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated at the time the forward-looking statements are made. MINT undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. MINT makes no representation whatsoever about the opinion or statements of any analyst or other third party. MINT does not monitor or control the content of third party opinions or statements and does not endorse or accept any responsibility for the content or the use of any such opinion or statement. This presentation (the Presentation) has been prepared by Minor International Public Company Limited (the Company) in connection with the proposed tender offer (the VTO) to be carried out by MHG Continental Holding (Singapore) Pte. Ltd., a wholly owned subsidiary of the Company, over the shares of NH Hotel Group, S.A. (NH) in accordance with the VTO public announcement published on June 11, 2018, on the website of the Spanish National Securities Market Commission (Comisión Nacional del Mercado de Valores or CNMV) as hecho relevante with registry number 266649. -
U.S.-Cuba Trade and Economic Council, Inc. New York, New York Telephone (917) 453-6726 • E-Mail: [email protected]
U.S.-Cuba Trade and Economic Council, Inc. New York, New York Telephone (917) 453-6726 • E-mail: [email protected] Internet: http://www.cubatrade.org • Twitter: @CubaCouncil Facebook: www.facebook.com/uscubatradeandeconomiccouncil LinkedIn: www.linkedin.com/company/u-s--cuba-trade-and-economic-council-inc- If NH Hotel Group Is Sued Using Libertad Act, One Defendant Would Be Former U.S. Citizen Who Now Controls Company Madrid, Spain-based NH Hotel Group (2018 revenues approximately US$1.8 billion), which is 94.13% owned by Bangkok, Thailand-based Minor International Public Company Limited (2018 revenues approximately US$2 billion). LINK: https://www.minor.com/en NH Hotel Group manages two properties in the Republic of Cuba: 220-room NH Capri La Habana and 31- room NH Collection Victoria La Habana and one property in the United States: 288-room NH Collection New York Madison Avenue. “William Heinecke is the chairman and CEO of hospitality group Minor International, the company he founded as a cleaning business when he was 17 — still a minor — four years after relocating to Bangkok with his family. Throughout his 20s and 30s, it evolved into one of Thailand’s leading hospitality chains, and Heinecke said he felt he owed it to the country that “adopted” him to show his dedication to doing business there. Eight years after becoming a naturalized Thai citizen in 1991, William Heinecke was 42 when he did something drastic: He walked into the U.S. embassy in Bangkok, handed over his passport and renounced his citizenship.” “He holds an Honorary Doctorate of Business Administration in Management from Yonok University, Lampang. -
Quarterly Newsletter – Q2 2014
30 Warwick Street London W1B 5NH www.jll.com/hospitality EMEA Quarterly Newsletter – Q2 2014 Industry Trends • According to the World Travel & Tourism Council (WTTC), demand for international tourism remained strong in the first four months of 2014. International tourism arrivals grew 5%, the same rate as full year 2013. Prospects for the current peak tourism season remain very positive with over 450 million tourists expected to travel abroad in the May-August 2014 period. • Destinations worldwide received 317 million international overnight visitors between January and April 2014, 14 million more than in the same period of 2013. This 5% growth consolidates the strong increase registered for 2013 and is well above the long-term trend projected by the UNWTO for the period of 2010-2020 (3.8%). • The strongest growth was seen in Asia and the Pacific and the Americas (both up 6%), followed closely by Europe and Africa (up 5%). By sub-region, Northern Europe, South and Mediterranean Europe, North Africa and South Asia (all up 8%) were the star performers. • In terms of tourism expenditure, growth continues to be strong from emerging markets, in particular China, the Russian Federation, Saudi Arabia and India. Furthermore, demand from advanced economies is strengthening as the global economic situation gradually improves, with encouraging growth posted for Italy, Australia, the Republic of Korea, the Netherlands, Norway and Sweden. • According to the UNWTO confidence index, prospects remain very positive for the period May- August 2014. Confidence has picked up, particularly among the private sector, and improved further in Europe, the Americas, Asia and the Pacific and the Middle East. -
Amsterdam Rate Growth Paves the WAY MARKET PULSE July 2019
Amsterdam Rate Growth Paves the WAY MARKET PULSE JuLY 2019 AIRPORT PASSENGERS (Schiphol TourisT Arrivals – 2018 AIRPORT) – TTM APRIL 2019 BEDNIGHTS – 2018 conference market – 2018 5.5% yoy 9.7% yoy 6.9% yoy 9.8% yoy 8.7 million 77.5 million 17.0 MILLION 123 MEETINGS MARKET PROFILE ECONOMIC INDICATORS – THE NETHERLANDS Amsterdam is in the province of North Holland, in the heart of 24-MONTH 2018A 2019F the Randstad, Europe’s sixth-largest metropolitan area. The FORECAST city of Amsterdam is the capital and the largest city in the Netherlands, with a population of just over 850,000 recorded GDP GROWTH (%) +2.6 +1.6 in 2018. While Amsterdam is known globally for its historic canals, art museums (Rijksmuseum, Van Gogh Museum), red- light district and ‘coffee’ shops, it is also a significant European CPI (%) +1.6 +2.6 financial centre. Approximately 2,000 foreign companies have established offices in the Amsterdam metropolitan area, and UNEMPLOYMENT (%) 3.8 3.7 more than 200 of these companies have headquarters in the city. The Dutch capital is consistently ranked among the best Sources: Economist Intelligence Unit; IMF cities in which to live and has become an increasingly popular gateway destination thanks to its excellent connectivity via Schiphol Airport, the port of Amsterdam and high-speed rail services such as Eurostar. VISITATION – THE NETHERLANDS (000s) 10,000 TOURISM DEMAND International Domestic Overall visitation to Amsterdam has grown at a compound 7,500 annual growth rate of 6.8% within the last 10 years, with an increase in arrivals recorded year-on-year from 2008 onwards. -
2018 Hotel Brand Reputation Rankings: USA & Canada
REPORT 2018 Hotel Brand Reputation Rankings: USA & Canada October 2018 INDEX Introduction 4 Methodology 6 The Importance of Brand Reputation 7 Key Data Points: All Chain Scales 8 Key Findings 9 Summary of Top Performers 10 ECONOMY BRANDS Overview 13 Top 25 Branded Economy Hotels 14 Economy Brand Ranking 15 Economy Brand Ranking by Improvement 16 Economy Brand Ranking by Service 17 Economy Brand Ranking by Value 18 Economy Brand Ranking by Rooms 19 Economy Brand Ranking by Cleanliness 20 Review Sources: Economy Brands 21 Country Indexes: Economy Brands 22 Response Rates: Economy Brands 22 Semantic Mentions: Economy Brands 23 MIDSCALE BRANDS Overview 24 Top 25 Branded Midscale Hotels 25 Midscale Brand Ranking 26 Midscale Brand Ranking by Improvement 27 Midscale Brand Ranking by Service 28 Midscale Brand Ranking by Value 29 Midscale Brand Ranking by Rooms 30 Midscale Brand Ranking by Cleanliness 31 Review Sources: Midscale Brands 32 Country Indexes: Midscale Brands 33 Response Rates: Midscale Brands 33 Semantic Mentions: Midscale Brands 34 UPPER MIDSCALE BRANDS Overview 35 Top 25 Branded Upper Midscale Hotels 36 Upper Midscale Brand Ranking 37 Upper Midscale Brand Ranking by Improvement 38 Upper Midscale Brand Ranking by Service 39 Upper Midscale Brand Ranking by Value 40 Upper Midscale Brand Ranking by Rooms 41 Upper Midscale Brand Ranking by Cleanliness 42 Review Sources: Upper Midscale Brands 43 Country Indexes: Upper Midscale Brands 44 Response Rates: Upper Midscale Brands 44 Semantic Mentions: Upper Midscale Brands 45 Index www.reviewpro.com -
M&A Beyond Borders a Recent History of the European Hospitality Industry
M&A beyond borders A recent history of the European hospitality industry Mandarin Oriental Munich Suite View Table of Content 1. AHV Associates 2 2. Executive summary 5 3. M&A supportive trends and characteristics of the hospitality industry 6 4. A sample of indicative cross-border transactions 10 5. An overview of the M&A participants’ strategic goals 13 6. Innovative M&A structures 16 7. Relevant M&A stats 18 8. List of cross-border transactions 19 1 AHV Associates An introduction Founded in 2001 by Andrew Harrington and Hanif Virji, AHV Associates LLP (AHV) is an award winning boutique investment bank focused on advising private companies across a range of M&A and advisory assignments. AHV Associates LLP Mergers & Board Advisory Capital Raising Acquisitions Andrew Harrington, AHV co-founder Andrew co-founded AHV in 2001. During his career at ▪ Buy-side advisory ▪ Strategic Options ▪ Real Estate Finance Salomon Brothers, Andrew was rated as the number one ▪ Company Sales Assessment ▪ Corporate Debt & sector analyst globally in all the major corporate and ▪ JVs ▪ Independent Equity institutional investor surveys. He was responsible for many ▪ MBO Valuations ▪ Acquisition Finance successful capital raising exercises for numerous ▪ Dev/Exp Capital companies. Andrew started in investment banking at Barclays de Zoete Wedd in 1988. In 1998, Andrew founded a telecoms company, providing telecommunications services to residential and business AHV specializes in hospitality and has worked with companies that own and/or operate hotels, apart- customers. He successfully grew the company to £25 million hotels, serviced apartments, hostels and mixed-use resorts in revenues, and over 60,000 customers by the end of 2000. -
Hotel Solution Complete Package Solution for an Invigorating Indoor Climate in Hotels Indoor Climate Matters
Hotel Solution Complete package solution for an invigorating indoor climate in hotels Indoor climate matters AIR TEMPERATURE HUMIDITY AIR QUALITY DRAUGHT SOUND LEVEL How important is comfort? Research shows that there is a distinct link between the quality of the indoor climate and sleep. For hotel guests a good night’s sleep is an important requirement that must be met. Meeting or preferably exceeding the expectations of the guests gives you satisfied customers who gladly return to your hotel. Swegon Hotel Solution creates an optimal indoor climate with the lowest possible energy consumption. It means the hotel staff can focus on the guests' other requirements. Victoria Tower Hotel, Stockholm Energy efficiency matters INTEGRATED SYSTEMS EPBD & LEGISLATION ENERGY SOURCES LIFE CYCLE COST (LCC) How important are operating costs? Conditions for low operating costs are created through a demand- controlled indoor climate. Frequently, the total need of the property is reduced when ventilation, heating and cooling are concentrated to areas where there is a demand. In most cases, this reduces investment and operating costs and reduces the installation time. Swegon's products are designed for optimum performance and integration. Irrespective of whether you choose individual products or complete systems, maximum energy efficiency and operating economy are guaranteed. The future matters How can you influence the climate? Reducing the energy-need necessary to create the indoor climate also reduces your carbon footprint Swegon helps you attain this by demand-controlling the climate in each room. The result is a comfortable indoor climate with minimal energy consumption and maximum energy recovery. This definitely has a positive impact on the climate and environment. -
Luxury Hotels Will Remain Big Business and Taking London Expected to Top £360 Next Year
Hospitality Directions Europe Edition* Issue 16 September 2007 Jewels in the crown: Trends and outlook for Europe’s luxury hotel sector Strong demand for all things luxury - goods, travel and hotels – has made luxury big business and a highly competitive battleground for consumer’s wealth. This robust demand, driven by global economic growth, is supporting growing global affluence and increasing numbers of High Net Worth Individuals (HNWI). In turn this has driven high corporate and leisure travel volumes. Today, more people can afford luxury travel and to stay in luxurious surroundings. Ritz Carlton Hotel, Moscow *connectedthinking Introduction Outlook • More new brands and brand extensions are coming to Luxury hotel markets have been booming for the last few Europe for those willing to pay for quality facilities, years and there is huge interest in this segment. Interest amenities and services above today’s ‘five star‘ comes from consumers, investors, developers and standards e.g. Andaz by Global Hyatt, “1” by Starwood owners. In the US alone, more than US$11.5 billion in • More operators will do their own versions of luxury. upscale and luxury lodging changed hands in the first half Contemporary offerings will bridge the gap between of 2007. Most experts do not see this interest waning in lifestyle and super luxury products e.g. SLS Hotels or the near future, although this does not mean the sector Nikki Beach with a fun and entertaining take on luxury can rest on its laurels as the aspirations of the consumer • The market will polarise around affordable and super are changing fast. -
7Stars-Book.Pdf
ًداﺋﻤــﺎ ﻣــﺎ ﺳــﻮف ﺗﻜــﻮن اﻹدارة ﺳــﺒﺐ اﻟﻨﺠــﺎح وﺳــﺒﻴﻞ اﻟﺘﻐﻴﻴــﺮ ﻧﺤــﻮ اﻷﻓﻀــﻞ، أﻣــﺎ اﻟﺘﻤﻴــﺰ ﻓﻬــﻮ ﺳــﻤﺔ ﻣﺘﻼزﻣــﺔ ًداﺋﻤــﺎ ﻟﻺدارة اﻟﻨﺎﺟﺤﺔ. وﻋﻘــﺐ ﺳــﻔﺮي إﻟــﻰ اﻟﻌﺪﻳــﺪ ﻣــﻦ اﻟــﺪول ﺣــﻮل اﻟﻌﺎﻟــﻢ ﺧــﻼل اﻟﺜﻼﺛﻴــﻦ ًﻋﺎﻣــﺎ اﻷﺧﻴــﺮة، أﺻﺒﺤــﺖ ًﻣﺼــﺪرا ًﻣﻮﻟــﺪا ﻟﻸﻓــﻜﺎر ﻓﻲ ﻣﺠﺎل اﻟﻀﻴﺎﻓﺔ واﻟﺴﻴﺎﺣﺔ. وﻧﺤــﻦ ﻫﺎﻫﻨــﺎ ﻓــﻲ ﺗﺮﻛﻴــﺎ ﻓــﻲ ﻗﻠــﺐ اﺳــﻄﻨﺒﻮل اﻟﺠﺪﻳــﺪة ﻓــﻲ ﻣﻨﻄﻘــﺔ ﺑﺎﺷــﺎك ﺷــﻬﻴﺮ ﻧﻀــﻊ ﻣﺒــﺎدئ إﺑﺪاﻋﻴــﺔ ﺑﺸــﺄن ﻣﻮﻗــﻊ ٧starsco.com ﻟﻠﻀﻴﺎﻓﺔ ﺣﺘﻰ ﻧﻘﺪم ﺧﺪﻣﺎت ُﻣﺒﺪﻋﺔ ﻓﻲ اﺳﺘﺜﻤﺎرات ﻣﻘﺒﻮﻟﺔ وﻣﻌﻘﻮﻟﺔ ﺑﻴــﻦ ﻳــﺪك اﻵن ﻛﺘــﺎب ﺟﻤــﻊ ﻣﺎﺋــﺔ رؤﻳــﺔ ورﺳــﺎﻟﺔ ﺧﺎﺻــﺔ ﺑﺄﻓﻀــﻞ ﺧﺪﻣــﺎت اﻟﻀﻴﺎﻓــﺔ ﻓــﻲ ﺟﻤﻴــﻊ أﻧﺤــﺎء اﻟﻌﺎﻟــﻢ، ﺗﺠــﻮل ﻓﻴــﻪ وﺳــﻮف ﺗﺠــﺪ أن ﻣﻮﻗــﻊ ٧startsco.com أﺣــﺪ اﻟــﺮواد ﻓــﻲ ﻫــﺬا اﻟﻤﺠــﺎل. اﻏﺘﻨــﻢ ﻓﺮﺻــﺔ اﻟﻌﻴــﺶ ﻓــﻲ ﺷﻘﺔ ﻓﺎﺧﺮة ﻣﺸﺎﺑﻬﺔ ﻟﺠﻨﺎح ﻣﻠﻜﻲ ﻓﻲ ﻓﻨﺪق ﺧﻤﺲ ﻧﺠﻮم. ﻛﻤــﺎ ﻳﻄﻴــﺐ ﻟﻨــﺎ أن ﻧــﺮاك ًﻗﺮﻳﺒــﺎ وﻧﺮﺣــﺐ ﺑــﻚ ًﻧﺰﻳــﻼ ﻟﺪﻳﻨــﺎ، وﻻ ﺗﺘــﺮدد ﻓــﻲ اﻻﺗﺼــﺎل ﺑــﻲ إذا ﻛﻨــﺖ ﻓــﻲ ﺣﺎﺟــﺔ إﻟﻰ أي ﺧﺪﻣﺎت ﺑﺮﻳﺪ إﻟﻜﺘﺮوﻧﻲ إﺿﺎﻓﻴﺔ. Yönetim her zaman başarının sebebi ve daha iyiye gitmenin yolu olacak ve mükemmelliği her zaman mükemmel yönetim MANAGEMENT olacaktır. WILL ALWAYS BE THE AXIS OF SUCCESS Burada, Yeni İstanbul -Başakşehir’in kalbinde Türkiye’de, ......... AND ........ THE WAY TO THE CHANGE FOR oluşturuyoruz. THE BETTER Elinizin arasında, dünyanın dört bir yanındaki en iyi ağırlama ......... AND ........ hizmetleri için yüz vizyonu ve misyonu toplayan bir kitap, MAKING bir tur atın ve 7startsco.com’un Liderlerden biri olduğunu EXCELLENCE WILL ALWAYS BE IN göreceksiniz. Beş yıldızlı otelde Royal Suite gibi lüks dairede THE EXCELLENT yaşamak için bir şans MANGEMENT Ibrahim Alhaji Konuklarımızdan biri olmaya hoş geldiniz ve eğer ekstra posta hizmetlerine ihtiyacınız varsa beni aramaktan çekinmeyin. Management will be always the cause of success and the way to change for the better, and making excellence will always be the excellent management After I traveled around the world in the last 30 years I became Ideas generator For hospitality and tourism. -
Hotel Construction Report
MIDDLE EAST Hotel Construction Report April 2021 tophotelprojects.com Regions OVERVIEW Europe 1,913 Projects 319,500 Rooms North America 1,924 Projects 404,510 Rooms Middle East 649 Projects 191,952 Rooms Asia Pacific 2,589 Projects 613,283 Rooms Africa 300 Projects Latin America 65,653 Rooms 245 Projects 43,473 Rooms tophotelprojects.com Luxury 315 Projects 100,082 Rooms Categories HOTEL SEGMENT 51% of all 649 hotel projects that are currently in the Middle East will be four-star hotels. In terms of hotel rooms the ratio of first class to luxury hotels is 48% to 52%. 49% 51% First Class 334 Projects 91,870 Rooms tophotelprojects.com Year of Opening OVERVIEW 34% 30% 25% 11% 2021 2022 2023 2024+ 219 Projects 196 Projects 74 Projects 160 Projects 56,451 Rooms 59,748 Rooms 24,592 Rooms 51,161 Rooms tophotelprojects.com Construction PHASE 2% 22% 12% Vision Planning Pre-Opening 11 Projects 146 Projects 79 Projects 2,174 Rooms 42,864 Rooms 18,380 Rooms Pre-Planning Under Construction 53 Projects 360 Projects 14,219 Rooms 114,315 Rooms 8% 56% 5 tophotelprojects.com Countries TOP 10 When it comes to the top 10 countries for hotel construction in the Middle East region , Country Projects Rooms the list is perhaps less surprising that one might think. With more than 200 projects, the UAE is currently leading in terms of new hotel projects in the pipeline. 1. United Arab Emirates 205 60,676 2. Saudi Arabia 160 71,219 3. Israel 63 12,005 4. Qatar 48 14,335 5. -
Bel-Air-At-Trump-Estates-Brochure-En
DAMAC PROPERTIES DAMAC Properties has been at the forefront of the Middle East's luxury real estate market since 2002, delivering award-winning residential, commercial and leisure properties across the region, including the UAE, Saudi Arabia, Qatar, Jordan and Lebanon, as well as the Maldives, Canada and the United Kingdom. Since then, the Company has delivered close to 32,000 homes, with a development portfolio of more than 34,000 at various stages of planning and progress.* Joining forces with some of the world’s most eminent fashion and lifestyle brands, DAMAC has brought new and exciting living concepts to the market in successful collaborations that include an award-winning golf course in Dubai managed by The Trump Organization and luxury homes in association with Versace, Fendi Casa, Just Cavalli, Paramount Hotels & Resorts, Rotana and Radisson Hotel Group. With a consistent vision, and strong momentum, DAMAC Properties is building the next generation of Middle Eastern luxury living. DAMAC places a great emphasis on philanthropy and corporate social responsibility. As such, the Hussain Sajwani – DAMAC Foundation, a joint initiative between DAMAC Group and its Chairman, Hussain Sajwani, is supporting the One Million Arab Coders Initiative. The programme was launched by Vice President and Prime Minister of the UAE, and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and is focused on creating an empowered society through learning and skills development. *As of 31st December 2020. THE TRUMP BRAND The Trump Organization and the Trump brand represent the most respected TRUMP INTERNATIONAL TRUMP INTERNATIONAL HOTEL & TOWER HOTEL & TOWER, developments throughout the world, at the most prestigious of addresses.