T. Serdar Bacaksız
Member of the Board of Directors, Limak Construction
Chairman, Global Healthcare Travel Council
Vice President Development – Turkey, Russia and Eastern Europe, Hilton Worldwide
Manager, Financial Analysis & Sector Analyst, TSKB
Chief Executive, Europe, IHG
Vice President Development Central & Eastern Europe, Wyndham Hotel Group
Managing Partner, GEMDSE Project Management LLC
President EMEA, EVP, Hilton Worldwide
Mayor of Istanbul Metropolitan Municipality
Managing Partner, BDO Hospitality Consulting
Executive Vice President, Russia & CIS, JLL, Hotels & Hospitality Group
Managing Director, STR Global
Territory Manager Italy, Greece, Turkey, Cyprus and Malta, TripAdvisor
Chairperson of the Board, Marti Hotels and Marinas
Business Columnist, Sabah Newspaper
Deputy PM & Minister of Economy, Tourism, Culture & Sports, Northern Cyprus
Vice President, Architecture, Design and Construction, EMEA, Wyndham Hotel Group
Senior Director, Acquisition & Development Central & Eastern Europe, Starwood Hotels & Resorts Worldwide, Inc.
Chief Executive Officer, AtlasJet
President & CEO, Amplio Real Estate Investments
General Manager, Uğurlu Consultancy
Senior Managing Director and Partner, BLG Capital
Wolfgang M. Neumann
President & CEO, The Rezidor Hotel Group
General Manager - Turkey, Aareal Bank Group
Dr. Ibrahim Birkan
General Manager , Turser Tourism Service & Trade Inc.
Corporate Team Leader, Aksoy Construction & Trade
Member of Board, Net Holding Inc.
Principal, Head of Economics, AECOM
Tourism Coordinator, NG Hotels
Owner, Matrix Travel
General Manager, Antalya Convention Bureau
Board Member, Foreign Economic Relations Board of Turkey (DEIK)
Chief Executive Officer, Kosifler Group
Chief Operating Officer / Chief Financial Officer, JLL Turkey
Vice President, Marti Hotels and Marinas
President, LDC - Leisure Development Consultants
Country Coordinator Turkey, PKF hotelexperts
Chief Executive Officer Mediterranean, Middle-East and Africa , ACCOR
Vice President, International Lodging Development , Marriott International, Inc.
Executive Vice President - Corporate Banking and Project Finance, TSKB
Chief Business Development Officer , Dedeman Hotels & Resorts International
Member of the Board, IC Holding
Associate Director, Horwath HTL
President, Horwath HTL
Managing Partner, CEO, N+1 Daruma Corporate Finance - Real Estate
Co-Founder, Metropol Urban Planning LLC
Mayor of Bodrum
Development Director, Turkey, IHG
Senior Director of Market Management for the Middle East and Indian Ocean , Expedia
Chief Executive Officer, Intra Tourism Group
General Manager, The Montgomery Maxx Royal Golf Course
President & CEO, Sidar Global Advisors (SGA)
President, DT-Global Business Consulting
SVP & Managing Director Europe, Middle East & Africa, Wyndham Hotel Group
Chairman, Bench Events, Board Director, STR Global
Undersecretary of the Ministry of Tourism and Culture , Turkey
Alexis de La Palme
SVP – Head of Development Europe , Accor
Chairman & CEO, EVER Group
Sevgi Kurt Gürbüz
Consultant - FFE & OSE Procurement, BDO Hospitality Consulting
Vice President Business Development, The Rezidor Hotel Group
Development Architect, Turkey & South Eastern Europe, IHG
Editorial Director, Hotel Analyst
General Manager, Extensa İstanbul Emlak Yatırım İnşaat ve Ticaret A.Ş.
Senior Vice President, Acquisitions & Development, Starwood Hotels & Resorts Worldwide, Inc.
Vice President, Global Events, Questex Hospitality + Travel Group
Vice President, ISPAT - Investment Support and Promotion Agency of Turkey
Naile Göçen Çukurova
Chairwoman, TUSIAD Tourism Working Group
Managing Director, DTM Hospitality Consulting
eBusiness Director, Titanic Hotels
Golf Consultant, BDO Hospitality Consulting
General Coordinator, Limak International Hotels & Resorts
President, Atlas Project & Land Development
Senior Vice President Development Middle East, Africa & India, Premier Inn International
President & Chief Executive Officer, Denizbank
Vice President, Marketing & Sales (Central Europe), Turkish Airlines
Executive Board Member, Paloma Hotels
Chief Executive Officer, GO Project Management and Construction
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.