Director, Development & Construction , Amstar Global
Deputy Minister, Ministry of Economy & Sustainable Development, Georgia
Chairman & CEO, EVER Group
Tourism Coordinator, NG Hotels & Resorts
Coordinator of Tourism Investments , Demsa Group
General Manager , Ertürk Yeminli Mali Müşavirlik ve Bağımsız Denetim A.Ş.
Vice President Director of Planning + Landscape, WATG
Chairman of the Board, Silkar Turizm Yatırım ve İşletmeleri A.Ş.
Vice President Development Central & Eastern Europe, Wyndham Hotel Group
Member of Board, Net Holding Inc.
Chief Development Officer, ACCOR
Vice President, Isr Holding
Vice President, Marti Hotels and Marinas & Mart? Real-Estate Investment Trust
Vice President - Hotels & Hospitality Group , Jones Lang LaSalle
Ahmet Cuneyt Selçuk
Chief Project Director, ISPAT - Investment Support and Promotion Agency of Turkey
Managing Director, European Golf Design
Bekay Property Partners, Chairman
Managing Director, STR Global
Mehmet Sükrü Nenem
Country Head - Switzerland, Turkish Airlines
Senior Director, Acquisition & Development Central & Eastern Europe, Starwood Hotels & Resorts Worldwide, Inc.
Managing Partner, PROMKON Construction Project Management
President & Chief Executive Officer, Questex Media Group LLC
Board Member, Dedeman Holding A.S.
Senior Vice President Development EMEA, Accor
Vice President, TUROB (Touristic Hotels & Investors Association)
Vice Chairperson of GYODER (The Association of Real Estate Investment Companies) , General Manager of Extensa Istanbul
Chief Operating Officer Russia - CIS, ACCOR
Chairman, UB Holding
Deputy General Manager, TSKB Real Estate Appraisal Company
President, PFD Hotel and Real Estate Solutions
Managing Partner, BDO Hospitality Consulting
Editorial Director, Hotel Analyst
Dr Tunç Gökçe
Managing Director, Artiproje, Turkey
Chief Business Development Officer , Dedeman Hotels & Resorts International
Vice President Business Development, The Rezidor Hotel Group
Elif Balci Fisunoglu
General Manager , Istanbul Convention & Visitors Bureau - ICVB
Regional Director Development & Acquisitions, Louvre Hotels Group
President, Tourism Group , MAKYOL Construction, Industry, Tourism Co Inc.
CEO Continental Europe, Jones Lang LaSalle Hotels & Hospitality Group
Chairman, Bench Events, Board Director, STR Global
President, DT-Global Business Consulting
Chief Executive Officer Sofitel WW , Sofitel Luxury Hotels
Project Manager - The Silk Road Project, UNWTO
Senior Vice President Development Middle East & Africa, Whitbread Hotels & Restaurants International
Chief Executive Officer , Nef Bebekoy
Managing Partner, Horwath HTL GmbH Switzerland
Yusuf Vadi Karatoprakli
Chief Executive Officer, Aktay Turizm Yatırımları ve İşletmeleri A.Ş.
Chief Executive, Europe, IHG
President, Atlas Project & Land Development
Senior Vice President, Regional Director East and Central Europe , Starwood Hotels & Resorts Worldwide, Inc.
Chief Development Officer, Europe, IHG
Board Member, Foreign Economic Relations Board of Turkey (DEIK)
Wolfgang M. Neumann
President & CEO, The Rezidor Hotel Group
Vice President Development – Turkey, Russia and Eastern Europe, Hilton Worldwide
Development Director, Turkey, IHG
General Manager , Er Investment and Development
Partner, Maksem Yapi İnṣaat
Elif Egeli Nisanci
Director of Project Development , BLG Capital
Director, BDO Hospitality Consulting, Istanbul
Managing Director , Blackstone
Managing Partner, BDO Azerbaijan LLC
General Manager - Turkey, Aareal Bank AG
Chairman, Misha Shipping Agency and Trading Ltd.
President & CEO, Wyndham Hotel Group
Principal, Head of Economics, AECOM
Executive Director , World Travel & Tourism Council (WTTC)
Managing Partner, Makro Insaat TIC. A.S.
25 Jan 2012
Tourism set to play catalyst in Turkey
Investors in Turkey hungry for market information
Tourism sector in Turkey remains ripe and untapped
Istanbul, Turkey November 2011: The outlook of the Turkish tourism industry is more buoyant than ever, with an increasing number of international and local hotel companies investing in the sector, said Jonathan Worsley, Chairman of Bench Events, co-organiser of the Central Asia and Turkey Hotel Investment Conference (CATHIC), to be held in Istanbul from February 6-8 2012.
“It is the ideal time to invest in Turkey’s hospitality sector with international tourist arrivals expected reach 33 million by 2012. Indeed, more than 1.4million Arab visitors are recorded so far this year.”
Figures reveal that the tourism sector is currently contributing 11 per cent year on year economic growth, with Istanbul seeing a 30 per cent increase in tourist revenue for 2011. Worsley noted that this sets the pace for Turkey to achieve its goal of welcoming 70 million tourist arrivals by 2023 - the 100th Anniversary of the Republic.
Meanwhile, Mehmet Önkal, Managing Partner, BDO Hospitality Consulting in Turkey warned that investment in the sector is crucial.
“One of the key drivers of sustainable development is the consistent flow of investment and Turkey is lucky as it does not face the same challenges with financing as other markets. There does however need to be a more strategic drive that appreciates the needs of the market, as well as recognition of the unique requirements of a hotel development, as opposed to other asset classes.”
Önkalsaid that Turkey is at the beginning of a property boom and that investors and stakeholders have yet to fully identify and utilise the investment opportunities presented by the tourism and hospitality sector, proven to be a catalyst for economic growth.
Worsley said that the upcoming CATHIC will address both the opportunities and challenges, specifically those related to the availability of capital. “We will be joined by representatives from major Turkish banks and will discuss hotel financing structures and lending criteria, as well as issues involved in ensuring properties provide long term return on investment for owners”.
The conference programme includes speakers with knowledge and expertise in regional and international hotel development, finance, hotel branding and operations, plus sessions giving perspectives from industry analysts.
Key speakers at CATHIC 2012 include Cevdet Akcay, Chief Economist, Yapi Kredi Bank; Denis Hennequin, President & CEO, Accor SA; Eric Danziger, President & Chief Executive Officer, Wyndham Hotel Group; Angela Brav, Chief Executive Officer – Europe, IHG; Kurt Ritter, President & CEO, The Rezidor Hotel Group; Atilla Ozturk, CEO & Board Member, ASTAY; Serdar Bilgili, Chairman, Bilgili Holding; Simon Vincent, President - Europe, Hilton Worldwide; Roeland Vos, President EAME, Starwood Hotels & Resorts Worldwide; and Lado Sakvarelidze, Chief Financial Officer, Redix.
In addition to the conference programme, CATHIC offers various networking opportunities, as well as an exhibition. Delegates will have ample opportunity to meet other participants, discuss opportunities and to do business.