Manager, Financial Analysis & Sector Analyst, TSKB Bank
President & CEO, Amplio Real Estate Investments
Wolfgang M. Neumann
President & CEO, The Rezidor Hotel Group
Managing Partner, BDO Hospitality Consulting
President EMEA, Hilton Worldwide
General Manager - Turkey, Aareal Bank Group
eBusiness Director, Titanic Hotels
Senior Director, Acquisition & Development Central & Eastern Europe, Starwood Hotels & Resorts Worldwide, Inc.
President, LDC - Leisure Development Consultants
President & CEO, Turkish Airlines
Alexis de La Palme
SVP – Head of Development Europe , Accor
Vice President Business Development, The Rezidor Hotel Group
Vice President Development – Turkey, Russia and Eastern Europe, Hilton Worldwide
General Manager, Uğurlu Consultancy
Chief Executive Officer, Kosifler Group
General Coordinator, Limak International Hotels & Resorts
Development Architect, Turkey & South Eastern Europe, IHG
Associate Director, Horwath HTL
Member of Board, Net Holding Inc.
Chairman & CEO, EVER Group
Vice President, Architecture, Design and Construction, EMEA, Wyndham Hotel Group
President, Tourism Group , MAKYOL Construction Industry & Tourism
Country Coordinator Turkey, PKF hotelexperts
Sevgi Kurt Gürbüz
Consultant - FFE & OSE Procurement, BDO Hospitality Consulting
Owner, Matrix Travel
Senior Managing Director and Partner, BLG Capital
Member of the Board of Directors, Limak Construction
Managing Director, STR Global
Rui M. Barros
SVP & Managing Director Europe, Middle East & Africa, Wyndham Hotel Group
President & CEO, Sidar Global Advisors (SGA)
Naile Göçen Çukurova
Chairwoman, TUSIAD Tourism Working Group
Chief Executive, Europe, IHG
CEO, Etstur , Owner, Voyage Hotels and Maxx Royal Golf &Spa
Chief Business Development Officer , Dedeman Hotels & Resorts International
Vice President Development Central & Eastern Europe, Wyndham Hotel Group
Chief Executive Officer, AtlasJet
Vice President, International Lodging Development , Marriott International, Inc.
Chief Executive Officer Mediterranean, Middle-East and Africa , ACCOR
Deputy PM & Minister of Economy, Tourism, Culture & Sports, Northern Cyprus
Vice President of Market Management EMEA, Expedia Lodging Partner Services
Vice President, ISPAT - Investment Support and Promotion Agency of Turkey
Managing Partner, GEMDSE Project Management LLC
Senior Vice President Development- Middle East, Africa and South Asia, Whitbread Hotels & Restaurants International
Chief Executive Officer, Denizbank
Development Director, Turkey, IHG
President, DT-Global Business Consulting
Chairperson of the Board, Marti Hotels and Marinas
Elif Balci Fisunoglu
General Manager , Istanbul Convention & Visitors Bureau - ICVB
Tourism Coordinator, NG Hotels
President, Horwath HTL
Vice President, Marti Hotels and Marinas
Golf Consultant, BDO Hospitality Consulting
General Manager, Antalya Convention Bureau
Dr. Ibrahim Birkan
General Manager , Turser Tourism Service & Trade Inc.
Chairman, Bench Events, Board Director, STR Global
Board Member, Foreign Economic Relations Board of Turkey (DEIK)
Managing Partner, CEO, N+1 Daruma Corporate Finance - Real Estate
Editorial Director, Hotel Analyst
Chairman, Global Healthcare Travel Council
Executive Board Member, Paloma Hotels
Co-Founder, Metropol Urban Planning LLC
Vice President, Global Events, Questex Hospitality + Travel Group
Senior Vice President, Acquisitions & Development, Starwood Hotels & Resorts Worldwide, Inc.
14 Feb 2012
GR Report, Mary Gostelow, 2012
CENTRAL ASIA AND TURKEY HOTEL INVESTMENT CONFERENCE CATHIC 6-8 February 2012 Istanbul
The most useful interchange was BDO Hospitality Consulting managing partner Mehmet Onkal’s regional update of brands now and to come.
Armenia – Yerevan Marriott (to come, Hilton); Azerbaijan – Baku Hilton, Hyatt Regency, JW Marriott, Kempinski, Park Hyatt, Radisson Blu (to come, Fairmont, Four Seasons); Georgia – Batumi Radisson Blu, Sheraton (to come, Hilton, Kempinski), Tbilisi Marriott, Radisson Blu, Sheraton; Iran – no brands, no pipeline; Iraq – Erbil Rotana (to come, Dedeman, Hilton, Kempinski) and Baghdad government has several hotels it wants brands to take over; Kazakhstan – Almaty InterCon, Kempinski (to come, JW Marriott), Astana –Radisson Blu; Kyrgyzstan – Bishkek Hyatt Regency; Syria – situation unclear right now; Tajikistan – Dushanbe Hyatt Regency; Turkmenistan - Ashgabat Sofitel; Uzbekistan – Tashkent InterCon, Radisson Blu. • And, of course, Turkey. The country already has 65 internationally branded hotels (all levels) with a pipeline of a further 52 brands. The 150km-long Istanbul state, rapidly being absorbed into Istanbul city, has 39 brands and 24 more to come. Of all the big brands, Hilton has had the right approach for Turkey , he says. They set up a development base in Ankara in 2008, moved it to Istanbul in 2010 and quickly saw rewards
Turkey is the hottest destination in the area, if not the world at the moment, says Onkal. Marriott is talking about 15 projects. Within the past 4 days, there were Bodrum signings for Amanresorts, Canyon Ranch, Jumeirah and Mandarin Oriental. Challenges to getting into Istanbul include an absolute shortage of central land and if you find it, the cost is about $18,500 per sq m; you need a local partner as all existing hotels are locally owned, and banks do not like lending to the sector. But yes, there is still room for more peripheral hotels. Turkey’s international visitors grew 20% in 2011 over 2010, and now Turkish Airlines has 52 weekly flights Istanbul-London, with British Airways adding a further 21 a week.
The 2-day conference, chaired jointly by organisers Marilyn McHugh vp global hospitality events Questex Hospitality and Travel, and Jonathan Worsley, chairman Bench Events and board member STR Global, was themed Unlock the Potential. It attracted 330 delegates from 33 countries; 42% from Turkey, 22% from UK. 30% were operators, 22% developers or financiers, 5% government officials (including delegations from Argentina and Morocco) • As invariably happens, the keynote ceos’ panel resulted in no-one saying anything new – thank goodness Rezidor’s Kurt Ritter wore a purple tie to relieve the otherwise-funereal couture. There was more animation on the regional bosses’ panel, with Hilton’s Simon Vincent saying he would invest where necessary, and Starwood Hotels’ Roeland Vos looking for a partner to roll out Aloft, fast, and he wants more resorts, where his company has a long history of making money.
What resorts of the future will look like featured in the packed Luxury hotels that stand out from the crowd session – WATG vp John Goldwyn – whose personal hero is Bill Bensley – casually mentioned a massive Caspian Sea mixed-use project that is set to include not only resort and residences but helipad, landing strip and train station. His companions
Alper Aksoy, owner of the 600r Istanbul Conrad (that was supposed, pre-xxx opening, to be Marriott), and Atilla Oztürk, ceo Astay, the textiles conglomerate whose hotel portfolio includes both Istanbul Four Seasons, stressed the importance of history and reputation, and need for owners and operators to work together continuously to keep ahead, and stand out. Sofitel ceo Richard Gaymer-Jones, by contrast, looked ahead to having a hotel in town. His is one of the few international brands (count’em on one hand) not yet in Turkey.
The 2012 Leadership Award went to Dedeman chairman, Murat Dedeman, who, with typical Turkish humility, said what a big honour this was, and without a great team it is impossible to achieve success. The week-old Istanbul Le Méridien hosted the opening cocktail, to show off that brand’s new look, with a day-glo blue-lit off-lobby meeting ‘igloo’, 265 beige, grey and black rooms with moulded ceilings like sand-ripples – this was corporate brand manager’s Eva Zwiegler’s swansong as she leaves end of March. The conference was overall hosted by the franchised Istanbul Ceylan InterCon (IHG’s Angela Brav was making her debut as ceo Europe). Interestingly, while in years past there was a continuous move to get delegates to turn mobiles off, this year where was a concerted effort to be part-of-the-proceedings, via the ghastly twitter.