Wednesday, 15 October 2014
1:00pm - 8:30pm
REGISTRATION AND INFORMATION
4:00pm - 5:10pm
MASTER CLASS: THE TOP 10 THINGS YOU SHOULDN’T DO WHEN NEGOTIATING A
HOTEL MANAGEMENT AGREEMENT – THOUGHTS FOR BOTH OWNERS AND
OPERATORS
Baker & McKenzie
Graeme Dickson, Partner, Baker & McKenzie
Roy Melick, Partner, Baker & McKenzie
With commentary from senior industry participants representing the views of operators and
owners
Presented By:
Presenters:
5:20pm - 6:20pm
Host:
6:30pm - 8:30pm
Hosted By:
QUICKLINK
Start HICAP off with some intense networking at QuickLink! At this special energetic feature,
you will be able to make contact with other delegates in a quick exchange of business cards.
Eric J. Levy, Managing Director, TSI
OPENING RECEPTION
InterContinental Hotels Group and InterContinental Hong Kong
Thursday, 16 October 2014
7:30am - 5:45pm
REGISTRATION AND INFORMATION
7:30am - 8:40am
CONTINENTAL BREAKFAST
8:40am - 11:00am
PLENARY SESSIONS
8:40am - 8:50am
Presenter:
WELCOME AND OPENING REMARKS
Robert Stiles, Principal & Managing Director, RobertDouglas
8:50am - 9:30am
Presenter:
POLITICAL AND ECONOMIC RISK OVERVIEW
Robert Broadfoot, Managing Director, Political & Economic Risk
Consultancy, Ltd.
9:30am - 9:45am
Presenter:
HOTEL PERFORMANCE AND OUTLOOK
Jesper Palmqvist, Area Director Asia Pacific, STR Global
9:45am - 9:55am
HICAP PRESENTS: ENGAGING THE HEARTS AND MINDS OF
INDUSTRY ASSOCIATES ON THE IMPORTANCE OF SUSTAINABILITY
Geoff Ballotti, President & CEO, Wyndham Hotel Group
Presenter:
9:55am - 10:50am
Moderator:
Panelists:
10:50am - 11:00am
Presenter:
11:00am - 11:45am
INVESTMENT OUTLOOK
Scott Hetherington, CEO, Asia, Jones Lang LaSalle
Kavin C. Bloomer, Executive Director, Morgan Stanley
Suchad Chiaranussati, Managing Director, SC Capital Partners Pte
Bobby Hiranandani, Managing Director, Royal Group
Douglas A. Kessler, President, Ashford Inc.
Robert Broadfoot
Geoff Ballotti
HICAP PRESENTS: IS A SERVICE CULTURE AND PERFORMANCE
CULTURE MUTUALLY EXCLUSIVE?
Jan Smits, CEO - Asia, Middle East & Africa, IHG
NETWORKING BREAK
Jan Smits
Program as of 30 July 2014
Page 1 of 7
11:25am - 11:45am
Host:
INVESTMENT OPPORTUNITIES IN AUSTRALIA
Katherine Droga, General Manager, Destination Development, Tourism Australia
11:45am - 12:45pm
BREAKOUT SESSIONS
SESSION 01
Experts:
SESSION 02
Leaders:
SESSION 03
Host:
Leaders:
SESSION 04
Host:
Leaders:
SESSION 05
Moderator:
Panelists:
1:00pm - 2:30pm
Host:
DEAL MAKING TRACK – PRIVATE EQUITY ROUNDTABLES
New to HICAP, these “Meet the Expert” topic tables foster intimate interaction between hotel
investors and delegates.
Brian Chinappi, Managing Director, Standard Chartered Bank
Kenneth Gaw, President & Managing Principal, Gaw Capital
Christopher Hur, Vice President, Host Hotels and Resorts
Shunsuke Yamamoto, Managing Director, Fortress Investment Group Japan GK
DEVELOPMENT TRACK – BUILDING YOUR TEAM FOR SUCCESSFUL PROJECT
MANAGEMENT
A developer workshop focusing on successful hotel development including what is the ideal
team structure and who does what, effective project management, how to manage construction
and cost issues.
Terry Henriksen, Studio Director, Interiors, Wimberly Interiors
Gert Noordzy, Consultant, Program Integration, Destination Resorts & Hotels
Guy Phillips, Vice President Development, Hilton Worldwide
Steven F. Root, Managing Director, P3M Ltd
Marc Steinmeyer, President Director, Tauzia Hotel Management
OWNERSHIP TRACK – MANAGEMENT AGREEMENTS
How do you best manage the natural tension between owners and operators? This session
focuses on how to align interests, manage expectations and the importance of communication.
Peter Benudiz, Partner, Milbank
James Doolan, Vice President Hotel Development, Marriott International
Andrew Jessop, Vice President Development (Worldwide), Langham Hospitality Group
Franky M. Setjoadinata, Advisor Property and Hospitality Division, PT Citath Tbk
SEGMENTATION TRACK – TO NICHE OR NOT TOO NICHE
Should a hotel be all things to all people? To segment or not to segment, that is the question!
Which segments can deliver results? Is there a future in creating and marketing targeted hotel
products exclusively focused on specific segments such as; no kids, families, health/wellness,
sports, arts and LGBT?
Eric J. Levy, Managing Director, TSI
Michael Ramon Ayling, Chief Executive Officer, NuoBello
Philipp Graf von Hardenberg, President, Thanyapura Limited
Ingo R. Schweder, Chief Executive Officer, GOCO Hospitality
ALTERNATIVE OWNERSHIP (AOCAP) TRACK – SHARED OWNERSHIP 101
This session provides an understanding of the Shared Ownership Industry and its various
business models, dispelling misconceptions and providing insights into why the North
American industry is now dominated by Global Hospitality Brands and has begun attracting the
involvement of regional brands in Southeast Asia.
Paul K. Dean, Principal, Dean and Associates
Dom Albanese, Regional V.P. of Sales, Mktg. & Svc Ops, MVCI Asia Pacific Pte Ltd
John Melicharek, Partner, Baker & Hostetler LLP
Howard Nusbaum, President/CEO, ARDA
Martin Tolan, Senior Vice President of Sales and Marketing, Anantara Vacation Club
LUNCH AND SPECIAL PRESENTATION
James E. Burba, President, BHN
Program as of 30 July 2014
Page 2 of 7
2:00pm - 2:30pm
Presenter:
Recipient:
HICAP INNOVATION AWARD
This award is presented to honor an individual, who has made a
considerable difference in our industry, in the Asia Pacific region and in the
world through positive and innovative actions and significant contributions.
Raini Hamdi, Senior Editor, TTG Asia Media
Tony Fernandes, Group CEO, AirAsia Berhad
2:30pm - 3:00pm
NETWORKING BREAK
2:40pm - 3:00pm
Host:
INVESTMENT OPPORTUNITIES IN SCOTLAND
Graeme White, Head of Tourism, Scottish Enterprise
3:00pm - 4:00pm
SESSION 06
BREAKOUT SESSIONS
DEAL MAKING TRACK – LENDER ROUNDTABLES
New to HICAP, a special set-up for fostering intimate interaction between hotel lenders and
delegates.
Regina DiBenedetto, Director, Aareal Bank Asia Limited
Faez Jumabhoy, Head, Real Estate Finance, CIMB Investment Bank
Vijay Kant, Director, The Bank of Nova Scotia Asia Limited
Henrik Elschner Pedersen, Manager, Consumer and Social Services - Asia, International
Finance Corporation
Wisoot Tangadunrat, Senior Vice President, Thanachart Bank, Thailand
Experts:
SESSION 07
Host:
Leaders:
SESSION 08
Host:
Leaders:
SESSION 09
Host:
Leaders:
Tony Fernandes
DEVELOPMENT TRACK – EVALUATING OPERATORS
How do (or should) owners evaluate operators? What forums exist for owners to benchmark?
What criteria should you use to compare/contrast? How to ensure alignment of interests?
Tasos Kousloglou, SVP Asset Management, Jones Lang LaSalle
Ricco M. deBlank, CEO, SHK Hotels, Sun Hung Kai Properties
Christopher R.J. Knable, Chief Operating Officer, Katara Hospitality
Rajit Sukumaran, Vice President of Acquisitions & Development, Starwood Hotels &
Resorts
Yuval Tal, Partner & Office Head, Proskauer
SEGMENTATION TRACK – LUXURY: HOW IS IT CHANGING AND WHO WILL BE
BUYING IT?
What impact does Asia’s “young wealth” have on interpretations of luxury? What preferences
are there between different geographical, age, gender and lifestyle segments? Do the new
wealthy really want what luxury hospitality is currently giving them? What are going to be the
key revenue drivers of luxury hospitality in the future? Will guests spend more on the “new
luxury”? What kinds of brands are going to succeed?
James Stuart, Managing Partner, The Brand Company
James W. Baillie, Managing Director, Baillie Lodges
Raymond Bickson, Managing Director, Taj Hotels Resorts & Palaces
Rebecca Lee, Director of Development Asia Pacific, Langham Hospitality Group
James Mabey, Senior Vice President Development - AP, Jumeirah Group
Homi Vazifdar, Managing Director, Canyon Equity LLC
ALTERNATIVE OWNERSHIP (AOCAP) TRACK – BRANDED RESIDENCES AND
CONDOTELS
Branded residences and condotels have gained significant traction in the region in recent
years. This session will look at some of the challenges relating to the design, structuring and
operation of mixed-use projects incorporating a residential component alongside a hotel and
stand-alone condotel projects to provide a better understanding of these particular models.
Robert Williams, Partner, Ryan Lawyers
Bob East, Chief Executive Officer, Mantra Group
James Simmonds, SVP - Development, Rosewood Hotel Group
Jeff Tisdall, Vice President, Residential Development, FRHI Hotels & Resorts
Norbert Vas, Vice President, Archipelago International
Program as of 30 July 2014
Page 3 of 7
SESSION 10
Moderator:
Panelists:
OWNERSHIP TRACK – REPOSITIONING/RENOVATIONS
Aligning the interests of owner and operator for a successful renovation. Where does the
funding come from? Is the 3 to 4 percent for reserves for replacements/FF&E adequate? At
what point does a renovation become a rebranding? How do you budget and phase your
renovation? What returns are acceptable?
Bill Barnett, Managing Director, C9 Hotelworks
Patricia Ho, Design Director, White Jacket Pte Ltd
Anchalika Kijkanakorn, Managing Director, Akaryn Hospitality (AHMS)
Ian Lien, Managing Director, SC Capital Partners P.L.
Jean-Michel L. Offe, Executive VP Development & Innovation, Shangri-La International
4:00pm - 4:30pm
NETWORKING BREAK
4:30pm - 5:45pm
PLENARY SESSIONS
4:30pm - 4:40pm
HICAP PRESENTS: LIKE WATER, LIKE ROOM: A MYTH OR
OTHERWISE?
Thorsten Kirschke, President of Asia Pacific, Carlson Rezidor
Presenter:
4:40pm - 5:30pm
Moderator:
Panelists:
5:30pm - 5:45pm
Presenter:
6:30pm - 8:30pm
Hosted By:
Thorsten Kirschke
RIGHT TIME FOR REITS?
The spread of Real Estate Investment Trusts (REITs) into the hotel sector is accelerating and
looks to extend beyond the comforts of Japan, Hong Kong, Singapore and Australia. Is Asia
ready for more? What’s driving the increasing interest from both owners and investors? Are
returns competitive with other real estate sectors?
Christopher Barry Abbiss, Partner, KPMG
Chin Fen Eu,Chief Executive Officer, Frasers Hospitality Trust
Lee Pei Yee, Vice President, Investment, FEO Hospitality Asset Management Pte. Ltd.
David Ling, Head Strategic Development, M&C REIT Management
YOU SAY YOU WANT A REVOLUTION! …VISION ADDS TANGIBLE AND INTANGIBLE
ASSET VALUE
What is the value of a brand? How is it quantified? What brings more value to a brand? How
much does brand experience create incremental asset value?
David Keen, CEO, QUO
NETWORKING GALA
Langham Hospitality Group
Friday, 17 October 2014
7:30am - 3:00pm
REGISTRATION AND INFORMATION
7:30am - 8:45am
NETWORKING BREAKFAST
8:45am - 11:0am
PLENARY SESSIONS
8:45am - 9:00am
Presenter:
WELCOME BACK
Robert V.R. Hecker, Managing Director – Pacific Asia, Horwath HTL
9:00am - 9:10am
RISING STAR AWARD
In celebration of HICAP’s 25th anniversary, we also look forward to the future by recognizing a
35-or-under, industry “Rising Star”, nominated by you and selected by a juried committee of
industry leaders.
Andrea Belfanti, Executive Director, ISHC
To be announced
Presenters:
Recipient:
Program as of 30 July 2014
Page 4 of 7
9:10am - 9:20am
Presenter:
9:20am - 10:20am
Moderator:
Panelists:
10:20am - 10:30am
Presenter:
10:30am - 11:10am
Presenter:
HICAP PRESENTS: EXPLORING THE OPPORTUNITY AND
CHALLENGE OF HUMAN CAPITAL IN TRAVEL AND TOURISM
Gerald Lawless, President and Group CEO, Jumeirah Group
GAME CHANGERS: CHALLENGING THE STATUS QUO
Who are the players challenging the norms of the industry? How do
consumers view a hotel stay? To how they search plan and book their
trips and experience their travels? What lessons can the hospitality
industry learn from them?
Yeoh Siew Hoon, Founder & Editor, Web in Travel
Grant Colquhoun, Senior Director Account Management, TripAdvisor
Wilfred Fan, MD - North Asia and VP of Business Development,
Agoda.com
Turochas Fuad, CEO and co-founder, Travelmob
Fei Yu, Head of Travel and Finserv, Greater China, Facebook
HICAP PRESENTS: DIFFERENT GENERATIONS, DIFFERENT NEEDS,
HOW DO HOTELS WORK?
Symon Bridle, Chief Operating Officer, Rosewood Hotel Group
NETWORKING BREAK
11:45am - 12:45pm
BREAKOUT SESSIONS
Experts:
SESSION 12
Host:
Leaders:
Symon Bridle
WHY WE SHOULD TURN CITIES INTO NATIONAL PARKS
Cities are urban habitats that are a mosaic of cliff-like buildings, parks,
waterways, woodlands and farmlands. They are home not only to billions
of people, but a countless and biodiverse range of wildlife. With more
people living in these urban habitats than ever before, what understanding
do we have of cities' unique urban eco-systems and the benefits we can
derive from them? In this inspiring and thought provoking talk, RavenEllison will present an argument for investing in some of the world's largest
cities by turning them into national parks, a step that would radically
transform how we think about, create and experience our urban habitats. Daniel Raven-Ellison
Daniel Raven-Ellison, Guerrilla Geographer & National Geographic Emerging Explorer
11:10am - 11:45am
SESSION 11
Gerald Lawless
SEGMENTATION TRACK – MANAGEMENT/BRANDING MODELS: GETTING TO KNOW
YOUR OPTIONS
Different management/branding models (i.e. operator engagement, franchising, affiliation
networks) are available according to an owner’s preference and capabilities, but also come
with their own attributes, strengths and weaknesses with regard to product positioning, sales
and marketing reach and demand segmentation. Get to know, up close and personal, your
options for branding, managing and/or affiliating your hotel in this special session set-up for
fostering intimate interaction between table hosts and delegates.
Trent Fraser, Chief Executive Officer, Choice Hotels Australasia
Jackie Lee, VP Strategic Growth, Interstate China Hotels
Anthony Ross, Executive Vice President, Preferred Hotel Group
Clarence Tan, CEO Asia Australasia, IHG
DEAL MAKING TRACK – CASE STUDIES
Real deal makers and real capital raisers discussing real deals. How has hindsight affected
views on past deals, either for better or worse? What are the lessons learned and the pitfalls
that can be avoided? What are the critical factors to ensuring deal success? What are some
of the innovative new ways to get challenging deals done?
John Smith, CEO, Horwath HTL Australia
Nick Crockett, Executive Director, CBRE Capital Advisors
David A. Ellis, Partner, Mayer Brown JSM
Nigel Greenaway, Fund Manager, Eureka Funds Management
Suwito, Founder & CEO, Republik Capital
Program as of 30 July 2014
Page 5 of 7
SESSION 13
Host:
Leaders:
SESSION 14
Host:
Leaders:
SESSION 15
Moderator:
Panelists:
12:45pm - 1:00pm
1:00pm - 3:00pm
Host:
Presenter:
OWNERSHIP TRACK – PROACTIVE ASSET MANAGEMENT
Regardless of whether operating a hotel themselves or engaging an operator, owners can
benefit from proactive asset management in creating enhanced returns and asset values via
well considered and executed revenue strategies, that consider short and long term benefits,
to the asset, through cost-benefit analysis that finds the balance between “building the brand”
and “benefitting the asset” and “identification of incremental revenue sources and expense
saving opportunities”.
Vivek Bhalla, Managing Director and Co-Founder, Casam Hospitality
Gaurav Bhushan, Chief Development & Investment Officer, Accor Asia Pacific
Paul Alick Macpherson, President & Managing Director, Whitbread Hotels
Nirupa Shankar, Director, Brigade Hospitality
Joe Sita, CEO, IFA Hotel Investments
ALTERNATIVE OWNERSHIP (AOCAP) TRACK – EXECUTING SHARED OWNERSHIP
PROJECTS
As the nascent recreational real estate market begins to show signs of accelerated growth,
reflecting the region’s rapidly expanding middle class, developers and operators need to
understand the challenges related to executing and operating shared ownership projects.
Experienced industry professionals will identify and discuss the issues related to structuring,
executing and operating projects incorporating shared ownership, as well as discovering some
of the innovative IT solutions developed to help address some of the challenges.
Rick Kirkbride, Partner / Resort, Restaurant & Recreation Practice Group,
Paul Hastings LLP
Bryan JG Lunt, CEO, Absolute World Group
Steve Pentland, CEO, Generator Systems Ltd
James Sabot, Principal, Dean and Associates
Christopher Whalley, Business Development Director, Asia Pacific, Interval International
DEVELOPMENT TRACK – HOTELS IN MIXED-USE PROJECTS
Is a hotel the necessary evil or the jewel in the crown of a mixed-use development? How do
the returns compare? What are the important KPIs (key performance indicators)? What is the
hotel impact on other mixed-use components, and where are the synergies? Does the legal
structure increase your options? How does the developer view recurring income stream vs.
exit? Which use is best placed on top?
Roy Melick, Partner, Baker & McKenzie
Patrick Finn, Vice President, Hyatt International
Rishi Kapoor, SVP - International Development, MGM Hakkasan Hospitality
Gautam Raj, EVP - Strategic Development, Oberoi Group
Ralph Shelbourne, Principal, FSC Architects
Tao Zhou, Chief Executive Officer, Luneng Group Hotel Management
BREAK
CLOSING LUNCH AND HICAP AWARDS
Tony Ryan, Principal, Ryan Lawyers
REGGIE SHIU DEVELOPMENT OF THE YEAR
This award recognizes the single development of the year representing the accomplishments
of material market impact in a variety of terms including overcoming challenges to completion,
scale, innovation, quality, performance, and return on investment. Nominees are derived by a
committee of industry peers while final selection is made by delegate vote immediately prior to
HICAP.
Darlena Zhai, Project Director, Horwath HTL
Program as of 30 July 2014
Page 6 of 7
Presenters:
SUSTAINABLE HOTEL AWARDS
These important HICAP Sustainable Hotel Awards are designed to honor those in the
hospitality industry in the Asia Pacific region who have successful, sustainable strategies
benefiting their companies, their guests, their surrounding communities, and the greater
society through environmentally and culturally responsible development. Nominations for this
award were called for from throughout the Asia Pacific region. A panel of expert judges
reviewed and determined the final winners.
Yvette Jong, Founder, Craft House LLC
Robert Zheng, Director of Development, Asia Pacific, WATG
Presenter:
SINGLE ASSET TRANSACTION OF THE YEAR
This award recognizes the single asset transaction of the year representing the most significant
and/or dynamic transaction. Nominees are derived from a committee of industry peers while
final selection is made by delegate vote immediately prior to HICAP.
Niki Leondakis, CEO, Commune Hotels & Resorts
Presenter:
MERGER & ACQUISITION DEAL OF THE YEAR
This award recognizes the merger or acquisition of the year, representing the most significant
and/or dynamic deal. Nominees are derived from a committee of industry peers while final
selection is made by delegate vote immediately prior to HICAP.
Dan Hogan, Publisher, HOTELS Magazine
3:00pm
Presenter:
HICAP ADJOURNS
Robert V.R. Hecker, Managing Director – Pacific Asia, Horwath HTL
Program as of 30 July 2014
Page 7 of 7