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INTERNATIONALHOSPITALITY
INDUSTRY
INVESTMENT CONFERENCE
36TH ANNUAL NEW YORK UNIVERSITY
JUNE 1-3, 2014 NEW YORK MARRIOTT MARQUISNEW YORK CITYwww.nyu.edu/hospitalityconference
CONFERENCE CHAIRJONATHAN M. TISCHCo-Chairman of the Board and Office of the President, Loews Corporation; Chairman, Loews Hotels & Resorts
CONFERENCE HOSTBJORN HANSON, PH.D.Divisional Dean, Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, School of Continuing and Professional Studies, New York University
@NYUHOSPITALITY
TABLE OF CONTENTS To navigate the Conference Agenda, please click on the links below.
1 NYU Hospitality Conference Scholarship Program
2 NYU Conference Patrons
3 NYU Conference Sponsors
4 Executive Planning Committee
5 About NYU-SCPS Tisch Center
6 Conference Badge Pick Up and Additional Information
7 Conference Agenda
22 Conference FAQs
23 NYU Policies, General Information and Registration Form
REGISTER NOW! > HOTEL ACCOMMODATIONS >
36TH ANNUAL NYU INTERNATIONAL HOSPITALITY INDUSTRY INVESTMENT CONFERENCE
TABLE OF CONTENTS
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36TH ANNUAL NYU INTERNATIONAL HOSPITALITY INDUSTRY INVESTMENT CONFERENCE
SCHOLARSHIP PROGRAM
On June 1—3, 2014 in New York City, the tourism and finance capital of the
world, lodging leaders from around the globe will convene at the 36th Annual
NYU International Hospitality Industry Investment Conference. The NYU
Conference will feature general sessions, workshops, and networking events
to provide data, analysis, perspectives, insights and opportunities.
The industry’s investment in the NYU conference furthers the education and development of a diverse student body that is experiencing the living laboratory of New York City – the undergraduate and graduate students of the Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management at New York University.
Contributions from the Patron and Sponsor organizations of the annual NYU International Hospitality Industry Investment Conference provide Tisch Center student scholarships and support academic programs of the NYU-SCPS Preston Robert Tisch Center.
In addition, the students of New York University’s Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management,
NYU HOSPITALITY CONFERENCE SCHOLARSHIP PROGRAM
the next generation of hoteliers, are most grateful for IREFAC’s annual scholarship contribution.
If you would consider an optional scholarship contribution in support of NYU Tisch Center students, please click here. Organizations and individuals can provide much needed scholarships. Any amount will be appreciated.
Additionally, more than 50 NYU Tisch Center students will volunteer on-site as conference hosts, learning and networking alongside the conference’s executive attendees. For additional information on the NYU Tisch Center’s leading academic programs in hospitality, tourism, and sports business, visit www.scps.nyu.edu/tischcenter.
NYU-SCPS Tisch Center divisional dean Dr. Bjorn Hanson, center left, and Jonathan M. Tisch, center right, with 2013 conference Patron and Sponsor student scholars who are pursuing NYU graduate and undergraduate degrees in hospitality, tourism, and sports business. Left to right: Phillip Rogers, Victoria Kennedy, Tyler Becker, Sarah Chivi, Abby Ehrlich, Brian Wagner, Emilie Groleau, Akshay Ramanathan, Lujia Ding.
Welcoming attendees to the NYU conference, from left to right: NYU-SCPS Tisch Center Divisional Dean Dr. Bjorn Hanson, Conference Coordinator Dorothy A. Jennings and Conference Chair Jonathan M. Tisch.
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36TH ANNUAL NYU INTERNATIONAL HOSPITALITY INDUSTRY INVESTMENT CONFERENCE
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PATRONS
Ferguson Partners Ltd.FPL Associates L.P.
PATRONS To visit their websites, click on our Patron logos.
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SPONSORS
ALMACO Group
American Hotel & Lodging Association
American Realty Capital
Asian American Hotel Owners Association
The Athens Group
Baker & Hostetler LLP
BMO Capital Markets
British Virgin Islands Tourist Board
Canyon Equity LLC
CBRE Hotels
Colliers International
Commune Hotels & Resorts
Credit Agricole Corporate & Investment Bank
Credit Suisse
Crestline Hotels & Resorts
Cushman & Wakefield, Equity, Debt & Structured Finance
Cvent
Delos Living
Denihan
Destination Hotels & Resorts
Deutsche Bank
DiamondRock Hospitality
Dolce Hotels and Resorts
Duetto Research
Dune Real Estate Partners, LP
Eastdil Secured
Expedia
Fairmont Raffles Hotels International
FelCor Lodging Trust
Four Seasons Hotels and Resorts
Gensler
Goldman, Sachs & Co.
Greenberg Traurig
Hampshire Hotels Management, LLC
Hersha Hospitality
HFF
Holland & Knight
Hotel Business
Hotel Interactive
Hotel Management
Hotel News Now
HOTELS Magazine
Hughes Hubbard & Reed LLP
Inland American Lodging Group
Interstate Hotels & Resorts
J.P. Morgan
Jonathan Nehmer + Associates, Inc.
Katten Muchin Rosenman LLP
Kimpton Hotel & Restaurant Group
KPMG LLP
La Quinta
LATHAM & WATKINS LLP
Lodging Media
Mandarin Oriental Hotel Group
Marks Paneth LLP
MasterCard
McCarter & English, LLP
McDermott Will & Emery
MELIÃ HOTELS INTERNATIONAL
Milbank, Tweed, Hadley & McCloy LLP
Montage Hotels & Resorts
Morgan Stanley
Motel 6/Studio 6
NH Hoteles
Omni Hotels & Resorts
Paul Hastings LLP
Perkins Coie LLP
Preferred Hotel Group
PSAV Presentation Services
Pyramid Hotel Group
Red Lion Hotels Corporation
REH Capital Partners, LLC
RLJ Lodging Trust
Rosewood Hotels & Resorts
Scottish Development International
Starwood Capital Group L.P.
Steptoe & Johnson LLP
STR
Strategic Hotels & Resorts
Sutherland Global Services
Taj Hotels Resorts and Palaces
TravelClick
UBS
USA TODAY
Waterford Hotel Group
Wells Fargo Bank
Westmont Hospitality Group
Wheelock Street Capital
Dorothy A. Jennings NYU Conference Coordinator
Patrons and Sponsors as of May 27, 2014
SPONSORS To visit their websites, click on our Sponsor links.
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EXECUTIVE PLANNING COMMITTEE
Jonathan M. Tisch is Co-Chairman of the Board and a member of the Office of the President of Loews Corporation, one of the largest diversified financial holding companies in the U.S., and is also Chairman of its subsidiary, Loews Hotels. During his tenure as CEO from 1989 through 2011, Tisch engineered Loews Hotels’ expansion and emergence as a leading luxury hotel brand by infusing the properties with a widely praised corporate culture that places a high value on partnerships that empower employees, satisfy customers, contribute to communities, and improve the bottom line. Tisch initiated the Loews Hotels Good Neighbor Policy over 20 years ago, the first of its kind in the hospitality industry. Today, the Good Neighbor program underscores his enduring commitment to good corporate citizenship, social responsibility, and the health of our environment and communities. The Loews Good Neighbor Policy is a recipient of the U.S. President’s Service Award.
Believing you can do well and do good at the same time, Tisch is a champion of corporate responsibility and has devoted a lifetime to active citizenship—an idea that uses the power of partnerships
EXECUTIVE PLANNING COMMITTEE
Arthur Adler Jones Lang LaSalle
Scott D. Berman PwC
Jacques Brand Deutsche Bank
Joel M. Eisemann IHG (InterContinental Hotels Group)
Michael A. Fishbin Ernst & Young LLP
Steve Haggerty Hyatt Hotels Corporation
Bjorn Hanson, Ph.D. New York University
Jeffrey A. Horwitz Proskauer
Jackson Hsieh Morgan Stanley
Kevin Jacobs Hilton Worldwide
Dorothy Jennings HVS
Nancy Johnson Carlson
Frank J. Nardozza REH Capital Partners, LLC
Jonathan Nehmer Jonathan Nehmer + Associates, Inc.
David Pepper Choice Hotels International, Inc.
Rick Ross Dentons
Karen E. Rubin Starwood Hotels & Resorts Worldwide, Inc.
Stephen Rushmore HVS
JONATHAN M. TISCHCo-Chairman of the Board and Office of the President, Loews Corporation; Chairman, Loews Hotels & Resorts
The University is grateful for the efforts of the Executive Planning Committee and for the financial contributions made by the conference Patrons and Sponsors. These contributions assure the quality, enhancement, and continuation of the conference, as well as support hospitality, tourism, and sports management students at NYU.
and grassroots participation to solve seemingly intractable problems. Tisch served as the Vice-Chairman of The Welfare to Work Partnership, and currently serves on the Board of Trustees for Tufts University, where he is also the naming benefactor of the Jonathan M. Tisch College of Citizenship and Public Service.
Tisch is the author of three best-selling books that explore his leadership philosophy and civic engagement: The Power of We: Succeeding Through Partnerships, Chocolates on the Pillow Aren’t Enough: Reinventing the Customer Experience, and Citizen You: Doing Your Part to Change the World. He also hosted the Emmy-nominated and Gracie Award-winning television series, Beyond the Boardroom with Jonathan Tisch, where he spoke with some of America’s preeminent CEOs and business luminaries. Tisch is a co-owner of the New York Football Giants and was instrumental in bringing the 2014 Super Bowl to the metropolitan area, where he served as co-chair of the 2014 NY/NJ Super Bowl Host Committee. This is Mr. Tisch’s twentieth year as Conference Chair.
Mitesh B. Shah Noble Investment Group, LLC
Noah J. Silverman Marriott International, Inc.
Adam Weissenberg Deloitte & Touche LLP
Len Wolman Waterford Group, LLC
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NYU-SCPS TISCH CENTER
New York University is a private university offering students the experiences of New York, a highly diverse student body from all 50 states and more than 130 countries and one of the world’s great research universities. NYU is a member of the Association of American Universities and is accredited by the Middle States Association of Colleges and Schools. Graduate and professional accrediting agencies recognize its degrees in all categories.
Established in 1934, NYU-SCPS is one of NYU’s degree-granting schools and colleges, each with a unique academic profile. The reputation of NYU-SCPS arises from its place as the NYU home for study and applied research related to key knowledge-based industries where the New York region leads globally. This is manifest in the School’s diverse graduate, undergraduate, and noncredit programs in fields such as Real Estate, Real Estate Development, and Construction Management; Hospitality, Tourism, and Sports Management; Global Affairs; Fundraising and Grantmaking; Publishing; Professional Writing; Human Resource Management and Development, Marketing, Public Relations and Corporate Communication, Management and Systems, Advanced Digital Applications, Graphic Communications Management and Technology, Project Management, and Accounting, Finance, and Law; Liberal and Allied Arts; Foreign Languages, Translation, and Interpreting; Applied Politics; and Health Information Management.
More than 100 distinguished full-time faculty members collaborate with an exceptional cadre of practitioner/adjunct faculty and lecturers to create vibrant professional and academic networks that annually attract nearly 5,000 degree-seeking students from around the globe. In addition, the School fulfills the recurrent continuing higher education needs of local and professional communities, as evidenced by close to 48,000 annual noncredit enrollments in individual courses, specialized certificate programs, workshops, and seminars. The School’s community is enriched by more than 27,000 degree-holding alumni worldwide, many of whom serve as mentors, guest speakers, and advisory board members.
The City is our Laboratory... the Industry is our Faculty... and our Students are the Future of the Profession.
The NYU Tisch Center, now in its second decade of academic excellence, is a leading center for the study of hospitality, tourism and sports.
The Tisch Center is named for Preston Robert Tisch, a pioneer and visionary, recognized globally for his leadership in the hospitality, tourism and sports industries, as well as for his civic service. A dedicated supporter of New York City, he represented everything positive about New York hospitality, tourism and sports. Mr. Tisch was Chairman and Co-CEO of the New York Giants, and while providing leadership of Loews Hotels and Loews Corporation, he served for 19 years as Chair of the New York Convention and Visitors Bureau, and was instrumental in the award-winning “I Love New York” campaign.
The Center was founded in July 1995 with hospitality and tourism programs, and sports management was added in 1998. The faculty plans a curriculum to prepare future leaders in our sectors. The Preston Robert Tisch Center offers two bachelor’s degrees, three master’s degrees, three graduate certificates and continuing education and certificate programs.
NYU TISCH CENTER DEGREES AND CERTIFICATES
Bachelor of Science Degrees▪ Hotel and Tourism Management▪ Sports Management
Master of Science Degrees▪ Hospitality Industry Studies▪ Sports Business▪ Tourism Management
Graduate Certificates▪ Hospitality Industry Studies▪ Sports Business▪ Tourism Management
Accelerated Certificates▪ Hotel Operations▪ Meeting and Conference Management▪ Restaurant Operations▪ Sports Business Operations
Advanced Certificates▪ Hospitality Management and Operations▪ Restaurant Management
Certificates and Courses▪ Conference and Meeting Management▪ Destination Management and Marketing▪ Specialized Tourism: Festivals,
Theme Parks and Events▪ Sports Facilities, Sales, and Public Relations
For additional information on NYU’s Tisch Center, email, visit us online, or call (212) 998-9100.
TISCH CENTER INDUSTRY RELATIONSHIPS
Extraordinary career opportunities are created for students of the Tisch Center through internships and industry partnerships, and our location in New York City. Students benefit from personalized career services that emphasize relationships with employers and alumni, on-campus recruiting, career fairs, and internship placements with leaders in their fields. These programs are designed to cultivate new professionals who will be prepared to assume global leadership roles in our sectors. For
additional information about the Tisch Center, visit www.scps.nyu.edu/tischcenter.
If you are interested in recruiting interns, temporary, part-time or full-time employees, we can introduce exceptional students and alumni seeking opportunities. Please visit the Tisch Center table in the Expo Café during the NYU Conference or contact [email protected] for more details.
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36TH ANNUAL NYU INTERNATIONAL HOSPITALITY INDUSTRY INVESTMENT CONFERENCE
CONFERENCE BADGE PICKUP AND ADDITIONAL INFORMATION
BADGE PICKUP AND INFORMATION Fifth Floor
Proper photo identification is required for badge retrieval. One (1) set of conference materials per paid registrant is provided at time of badging. Badges must be displayed in all public spaces throughout the conference.
HOURS
Sunday, June 1 2:00 PM to 8:00 PM Monday, June 2 7:00 AM to 7:00 PM Tuesday, June 3 7:00 AM to 2:00 PM
NETWORKING—MADE IN MANHATTAN Eighth Floor, Manhattan Ballroom
Make a connection and make a deal in our revitalizing attendee retreat room.
AVAILABLE
Monday, June 2 9:00 AM to 5:00 PM Tuesday, June 3 9:00 AM to 2:00 PM
THE NYU CONFERENCE MOBILE APP
To download the Conference Mobile App, text “NYU” to 79905.
Benefits include the ability to:
• Access the Conference agenda and speaker bios
• Network with Conference attendees*• Customize a schedule for Conference
sessions and workshops• View a comprehensive listing of conference
activity, the real-time pulse of the NYU Hospitality Conference, including attendee updates, photos and more
• Integrate social media• Connect directly with Patrons and Sponsors
*Upon download of the Conference Mobile App, you will be required to provide your first and last name, which will be displayed in your profile as well as within the “Attendees” list.
COFFEE BREAK IN THE EXPO CAFÉ Fifth Floor, Westside Ballroom
Meet the Patrons and Sponsors, and other industry leaders, e-mail the office, and reenergize with refreshments in the Patron and Sponsor Expo Café.
BREAKS
Monday, June 2 11:05 AM to 11:35 AM 3:05 PM to 3:35 PM Tuesday, June 3 11:10 AM to 11:40 AM
EXPO CAFÉ Fifth Floor, Westside Ballroom
HOURS
Monday, June 2 7:00 AM to 5:00 PM Tuesday, June 3 7:15 AM to 2:30 PM
AUDIO RECORDINGS
Onsite Recording Productions will record audio of select sessions of the NYU Hospitality Conference and will make them available for purchase. For additional details or to place your advance order, contact the company directly at (561) 837-2335, visit conference recordings or e-mail [email protected].
CONTACT US
For registration, NYU Conference Mobile App or general NYU Hospitality Conference inquiries, please e-mail [email protected].
@NYUHOSPITALITY
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PANELISTS
J. Allen Smith President and Chief Executive Officer, Four Seasons Hotels & Resorts
Richard Solomons Chief Executive Officer, IHG (InterContinental Hotels Group)
MODERATOR
Robert Boland, J.D. Academic Chair and Clinical Associate Professor, Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, School of Continuing and Professional Studies, New York University
8:00 AM to 8:10 AM CONFERENCE HOST Sixth Floor, Broadway Ballroom
Bjorn Hanson, Ph.D. Divisional Dean, Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, School of Continuing and Professional Studies, New York University
36TH ANNUAL NYU INTERNATIONAL HOSPITALITY INDUSTRY INVESTMENT CONFERENCE
CONFERENCE AGENDA
8:35 AM to 9:15 AM THE CEOs CHECK IN: A VIEW FROM THE TOP Sixth Floor, Broadway Ballroom
MONDAY, JUNE 2
7:00 AM to 7:55 AM NETWORK AND NOSH Fifth Floor, Westside Ballroom
Meet, greet and eat—a powerful way to start the conference.
8:10 AM to 8:30 AM CONFERENCE CHAIR’S OPENING REMARKS Sixth Floor, Broadway Ballroom
Jonathan M. Tisch Co-Chairman of the Board and Office of the President, Loews Corporation; Chairman, Loews Hotels & Resorts
Evolving the industry—serving new consumers, discovering new opportunities: How do these brands differentiate themselves?
SUNDAY, JUNE 1 – MONDAY, JUNE 2 |
2013 NYU International Hospitality Industry Investment Conference Reception
6:00 PM to 8:00 PM WELCOME RECEPTION Sixth Floor, Broadway Ballroom
It has never been a more interesting or valuable time to connect with colleagues at NYU’s annual opening reception. Dress is Business Casual.
SUNDAY, JUNE 1
Arne Sorenson President and Chief Executive Officer, Marriott International, Inc.
Frits van Paasschen President and Chief Executive Officer, Starwood Hotels & Resorts Worldwide, Inc.
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9:20 AM to 9:50 AM A CONVERSATION WITH JONATHAN GRAY Sixth Floor, Broadway Ballroom
INTERVIEW GUEST
Jonathan D. Gray Global Head of Real Estate, Blackstone
INTERVIEW HOST
Rebecca Jarvis Chief Business and Economics Correspondent, ABC News
10:30 AM to 11:00 AM TARGETED INTELLIGENCE: THE MOST CRUCIAL DATA AND PREDICTIONS ON HOW LONG THE GOOD TIMES WILL ROLL Sixth Floor, Broadway Ballroom
The panel will share forecasts for what’s hot and what’s not… data as a starting point.
CO-PRESENTERS
Amanda W. Hite President and Chief Operating Officer, STR
Steve Rushmore Founder and Chairman, HVS
9:55 AM to 10:25 AM THE REIT BEAT: WHAT’S THE PULSE? Sixth Floor, Broadway Ballroom
Acquisitions or asset management? Recapitalizing and issuing debt, or selling non-core hotels, the REIT’s weigh in on the current cycle.
MODERATOR
Arthur Adler Managing Director and Chief Executive Officer, Jones Lang LaSalle
PANELISTS
Thomas J. Baltimore, Jr. President and Chief Executive Officer, RLJ Lodging Trust
Monty J. Bennett Chairman and Chief Executive Officer, Ashford Hospitality Trust
Dan Hansen President and Chief Executive Officer, Summit Hotel Properties, Inc.
Jay H. Shah Chief Executive Officer, Hersha Hospitality
CONFERENCE AGENDA
MONDAY, JUNE 2
11:05 AM to 11:35 AM COFFEE BREAK IN THE EXPO CAFÉ Fifth Floor, Westside Ballroom
Meet the Patrons and Sponsors, and other industry leaders, e-mail the office, and reenergize with refreshments in the Patron and Sponsor Expo Café.
MONDAY, JUNE 2 |
From left to right: Thomas J. Pritzker of Hyatt Hotels Corporation and Mort Zuckerman of Boston Properties, inc. discussing the Titans of Real Estate at the 2013 NYU Conference.
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CONFERENCE AGENDA
11:45 AM to 12:45 PM CONCURRENT WORKSHOPS
These workshops enable attendees to participate in exchanges with panelists about critical topics.
Workshop I – Finance CAPITAL IDEAS Fifth Floor, Westside Salon 1
The who, what and why of the capital marketplace.
MODERATOR
Jeffrey A. Horwitz Partner, Head of Lodging & Gaming and Private Equity Real Estate Practice Groups, Proskauer
PANELISTS
Michael D. Bluhm Managing Director, Global Head of Lodging and Leisure, Morgan Stanley
Drew Goldman Managing Director and Global Co-Head, Real Estate Investment Banking, Deutsche Bank Securities Inc.
Asad Kazim Managing Director, Real Estate, Lodging & Leisure Group, UBS Investment Bank
Nicholas Schorsch Chairman and Chief Executive Officer, American Realty Capital
Paul M. Whyte Managing Director and Global Co-Head of Real Estate Investment Banking, Credit Suisse Securities, (USA) LLC
Workshop II – Development TIME TO BUILD? STRATEGIES FOR HOTEL DEVELOPMENT REDUX: WITH A FAVORABLE LODGING OUTLOOK, A CONCENTRATION ON GROWTH AND MORE ACCESS TO CAPITAL, HOTEL COMPANIES HAVE A NEW FOCUS ON DEVELOPMENT Fifth Floor, Juilliard Room
A look inside the C-Suite on how leading companies are approaching development this time around. What have we learned from past cycles and what are the key considerations for successful hotel development?
MODERATOR
Michael Fishbin Global & Americas Hospitality Leader, Ernst & Young LLP
PANELISTS
Mike Garcia Chief Financial Officer and Senior Vice President, Acquisitions and Development, Omni Hotels & Resorts
Mark Lanspa Executive Vice President, Wells Fargo Bank, N.A.
Michael Palmeri Senior Vice President, Acquisitions & Development, Loews Hotels & Resorts
David Pepper Senior Vice President, Global Development, Choice Hotels International
Allison Reid Senior Vice President of Development and Acquisitions, North America, Starwood Hotels & Resorts Worldwide, Inc.
Workshop III – Industry THE TAXONOMY OF LUXURY—WHAT IS IT? HOW IS IT CHANGING? NEW DEFINITIONS Fourth Floor, Wilder Room
Leading increases in occupancy, has the luxury market recovered from its 2006 peak? Is luxury targeting demographic shifts?
MODERATOR
Rick Ross Chair, Hotels and Leisure, Dentons
PANELISTS
Raymond N. Bickson Managing Director and Chief Executive Officer, Taj Hotel Group
Michael F. Glennie President and Chief Operating Officer, FRHI Hotels & Resorts
Kim Richards President, The Athens Group
John T.A. Vanderslice Global Head of Luxury & Lifestyle Brands, Hilton Worldwide
Homi Vazifdar Managing Director, Canyon Equity LLC
MONDAY, JUNE 2
MONDAY, JUNE 2 |
Moderator Rick Ross of Dentons, far left, leads 2013 panel discussion on international deals. Left to right: Raymond Bickson of The Indian Hotels Company, Ltd.; Michael Glennie of Fairmont Raffles Hotel International; and Benjamin Thomas Leahy of Goldman, Sachs & Co.
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CONFERENCE AGENDA
Workshop IV – Design A CONTEMPORARY FRONTIER: INTRODUCING A NEW BRAND Fourth Floor, Odets Room
It starts with an idea. Navigate the process of creating a new brand with those who have experienced it firsthand.
MODERATOR
Jonathan C. Nehmer President, Jonathan Nehmer + Associates, Inc.
PANELISTS
James Anhut Senior Vice President, Design & Quality, IHG (InterContinental Hotels Group)
Tina Edmundson Global Officer, Luxury and Lifestyle Brands Marriott International
William S. Hoy Senior Vice President, Development Planning and Construction, Wyndham Worldwide
Niki Leondakis Chief Executive Officer, Commune Hotels & Resorts
Workshop V – Operations SOCIAL MEDIA: DIGITAL AND MOBILE PRACTICES OF THE CUSTOMER OF THE FUTURE; WHAT DOES THIS MEAN FOR OUR INDUSTRY? Fifth Floor, Westside Salon 2
Experts focus on how companies are using social media, new data analytics, digital and mobile initiatives to improve customer acquisition, satisfaction and loyalty of the customer of the future. Understanding the implications of these strategies is critical not just for marketing professionals but also legal/privacy officers, acquisitions, IT professionals and others.
MODERATOR
Duncan I. Avis Managing Director, Customer Strategy and Growth, KPMG LLP
PANELISTS
Ian Barkin Global Head of Innovation, Sutherland Global Services
Glenn Haussman Editor-in-Chief, Hotel Interactive
Bill Linehan Executive Vice President, Chief Marketing Officer, Red Lion Hotels Corporation
David Pavelko Director, Google Travel, Google, Inc.
Daniel Schnapp Partner and Chair of New Media, Entertainment and Technology Practice, Hughes Hubbard & Reed LLP
Workshop VI – Finance FRANCHISING: IT’S DRIVING THE INDUSTRY’S GROWTH Sixth Floor, Shubert Room
What are the key opportunities and issues with the franchise model? And what factors should be considered when selecting a hotel’s brand and operator?
MODERATOR
Joel M. Eisemann Chief Development Officer, IHG (InterContinental Hotels Group)
PANELISTS
William B. Fortier Senior Vice President, Development Americas, Hilton Worldwide
Naveen Kakarla President and Chief Executive Officer, HHM
Mehul Patel Chairman and Chief Executive Officer, NewcrestImage
Noah J. Silverman Chief Development Officer, North America Full Service Hotels, Marriott International, Inc.
Matthew E. Trevenen Partner, Northview Hotel Group
MONDAY, JUNE 2
MONDAY, JUNE 2 |
Conference chair Jonathan M. Tisch, left, with Bob Woodruff, ABC News Correspondent at the 2013 NYU International Hospitality Industry Investment Conference.
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3:05 PM to 3:35 PM COFFEE BREAK IN THE EXPO CAFÉ Fifth Floor, Westside Ballroom
Meet the Patrons and Sponsors, and other industry leaders, e-mail the office, and reenergize with refreshments in the Patron and Sponsor Expo Café.
2:25 PM to 3:00 PM BEYOND THE STATISTICS: THE ECONOMISTS’ PROGNOSTICATE Sixth Floor, Broadway Ballroom
MODERATOR
Ron Insana CNBC Contributor, Insana Information Partners
PANELISTS
Steven Blitz Chief Economist, ITG Investment Research
Jason DeSena Trennert Managing Partner, Chairman and Chief Executive Officer, Strategas Research Partners
CONFERENCE AGENDA
Workshop VII – Finance TOP RATED RETURNS Sixth Floor, Majestic Room
An interactive session for owners, operators and developers to share how they would invest $1 billion dollars in the hospitality industry. This session will explore and challenge the hows and whys of where the greatest returns can be found relative to risks. The audience will have the opportunity to present questions and vote on the most compelling $1 billion dollar investment strategy.
MODERATOR
Stephen Rushmore, Jr. President and Chief Executive Officer, HVS
PANELISTS
Raymond L. Gellein, Jr. Chairman and Chief Executive Officer, Strategic Hotels & Resorts
Rick S. Kirkbride Partner, Paul Hastings LLP
Benjamin Thomas Leahy Managing Director, Head of Lodging Group Investment Banking, Goldman, Sachs & Co.
Len Wolman Chairman and Chief Executive Officer, Waterford Group, LLC
1:00 PM to 1:45 PM LUNCHEON Sixth Floor, Broadway Ballroom
WELCOME
Dennis Di Lorenzo Dean, School of Continuing and Professional Studies, New York University
HOTEL NEWS NOW STEPHEN W. BRENER SILVER PLATE AWARD
RECIPIENT
Archie Bennett, Jr. Chairman Emeritus and Founder, Ashford Hospitality Trust
CO-PRESENTERS
Jeff Higley Vice President/Editorial Director, STR/Hotel News Now
Edward B. Watkins Editor at Large, Hotel News Now
1:50 PM to 2:20 PM LUNCHEON ADDRESS Sixth Floor, Broadway Ballroom
LUNCHEON GUEST
Bill de Blasio 109th Mayor of New York City
INTRODUCTION
Jonathan M. Tisch Co-Chairman of the Board and Office of the President, Loews Corporation; Chairman, Loews Hotels & Resorts
MONDAY, JUNE 2
MONDAY, JUNE 2 |
Steve Liesman of CNBC, New York, left, provides the economists’ update with expert panelists Steven Blitz of ITG Investment Research, center, and Jason DeSena Trennert of Strategas Research Partners, right, at the 2013 NYU Conference.
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CONFERENCE AGENDA
Workshop VIII – Finance REITs SELECTING SELECT SERVICE Fifth Floor, Westside Salon 1
Why is select service the headliner for REITs and other investors and owners today? We’ll explore the factors that are driving traveler and investor interest into this asset class and discuss the risks and opportunities to consider going forward into the next economic cycle.
MODERATOR
Guy Langford Principal, Deloitte & Touche LLP
PANELISTS
Craig J. Aniszewski Executive Vice President and Chief Operating Officer, Summit Hotel Properties, Inc.
John W. Cantele Senior Vice President of Hyatt Place and HYATT House, Hyatt Hotels Corporation
Phil Cordell Global Head, Focused Service and Hampton Brand, Hilton Worldwide
Kate B. Henriksen Senior Vice President of Investment and Portfolio Analysis, RLJ Lodging Trust
Eric Jacobs Chief Development Officer, Select Service and Extended Stay Lodging Brands, Marriott International, Inc.
Workshop X – Finance HOTEL MANAGEMENT AGREEMENTS: ALIGNING INTERESTS POST RECESSION Fifth Floor, Westside Salon 2
In reviewing the core issues involved in negotiating hotel management agreements, panelists will explore whether owners and managers are moving toward or away from an alignment of interests.
MODERATOR
Michael J. Sullivan Co-Chair, Hospitality Group, Greenberg Traurig, P.A.
PANELISTS
Joseph Guay Real Estate Section Leader, Partner, Holland & Knight
Joseph D. Long Chief Investment Officer, Kimpton Hotels & Restaurants
Mark Purcell Vice President, Managed Development, Starwood Hotels & Resorts Worldwide, Inc.
Russell Urban Executive Vice President of Business Development and Acquisitions, Destination Hotels & Resorts
Michael I. Verde Head, Insurance and Risk Management Practice, Katten Muchin Rosenman LLP
MONDAY, JUNE 2
Workshop IX – Operations THE EVOLVING GAME OF HOTEL LOYALTY: WHAT’S NOW AND COMING IN THE FUTURE? Fourth Floor, Odets Room
Hotel loyalty programs continue to expand and additional options are being introduced to help level the playing field between independents and hard brands. Panelists discuss programs available to all segments of the market.
MODERATOR
Jeff Weinstein Editor-in-Chief, HOTELS Magazine
PANELISTS
Jeff Diskin Executive Vice President, Commercial Services, Hilton Worldwide
Diana Robino Senior Vice President of Affluent Products, MasterCard
Tom Santora Chief Marketing Officer and Senior Vice President, Sales, Omni Hotels & Resorts
Lindsey Ueberroth President and Chief Executive Officer, Preferred Hotel Group
3:45 PM to 4:45 PM CONCURRENT WORKSHOPS
MONDAY, JUNE 2 |
Nancy Johnson of Carlson Rezidor Hotel Group at the 2013 NYU Conference.
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CONFERENCE AGENDA
Workshop XI – International GLOBAL EXPANSION: HOW IMPORTANT IS IT TO GROW YOUR BRANDS INTERNATIONALLY AND HOW IS DOING BUSINESS DIFFERENT? Fifth Floor, Juilliard Room
Hospitality experts focus on their particular flag’s strategies for growing their brand successfully in a global environment.
MODERATOR
Cecelia L. Fanelli Partner, Steptoe & Johnson LLP
PANELISTS
Denis Ebrill Executive Vice President, Product Development, North America, Melia Hotels International
Ted Middleton Senior Vice President, Development, Hilton Worldwide
Roland Mouly Vice President of Development, Carlson Rezidor Hotel Group
Leslie Ng Chief Investment Officer, Interstate Hotels & Resorts
Ron Pohl Senior Vice President, Brand Management and Member Services, Best Western International
Workshop XII – Political Update OFFENSIVE ON HOSPITALITY: THE IMPORTANCE OF INDUSTRY UNITY Sixth Floor, Shubert Room
Exploring joint efforts in defending and dealing with policy—reactive and proactive.
MODERATOR
Thomas J. Corcoran, Jr. Chairman, FelCor Lodging Trust
PANELISTS
Melissa Froehlich Flood Vice President, Government Affairs, Marriott International, Inc.
Nancy Johnson Executive Vice President, Industry Relations, Carlson
Katherine Lugar President and Chief Executive Officer, American Hotel & Lodging Association
Pratik Patel Chairman, AAHOA
Workshop XIII – Industry MEETING IN THE MIDDLE Fourth Floor, Wilder Room
The midscale segment has witnessed a resurgence as the economy has recovered and more business and leisure travelers are seeking this level of service.
MODERATOR
Dennis Nessler Editor-at-Large, Hotel Business
PANELISTS
Christopher Flagg Senior Vice President, Business Development, Crestline Hotels & Resorts
Michael Gallagher Vice President of Development Carlson Rezidor Hotel Group
Bill Hall Brand Senior Vice President, Wyndham Hotel Group
Mike Muir Vice President of North American Development, Best Western International
Vilhelm Roberts President and Chief Executive Officer, ALMACO Group
MONDAY, JUNE 2
MONDAY, JUNE 2 |
Mark Andrew Lunt of Ernst and Young LLP moderates a panel on competition for the full service customer at the 2013 NYU Conference.
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PRIVATE EQUITY: MONEY, MONEY, MONEY—WHO ARE THE EQUITY PLAYERS AND WHY? Sixth Floor, Broadway Ballroom
Strategy matters—what types of deals are they seeking—refinancing and new construction.
MODERATOR
Francis J. Nardozza Chairman and Chief Executive Officer, REH Capital Partners, LLC
CONFERENCE AGENDA
LEVERAGING: IS IT REALLY POSSIBLE THE DEBT MARKETS RESEMBLE CIRCA 2006? Sixth Floor, Majestic Room
Lenders are reporting some debt markets may be beginning to look like some of the irrational exuberance experienced in 2006.
MODERATOR
Steven L. Lichtenfeld Partner, Real Estate Capital Markets and Real Estate Finance Groups, Proskauer
5:00 PM to 6:30 PM GRAND NETWORKING RECEPTION Eighth Floor, Broadway Lounge
Start your evening at our reception to mingle with friends and colleagues, enjoy your favorite beverages and savor selections specially prepared for us by Marriott for this event.
MONDAY, JUNE 2
MONDAY, JUNE 2 – TUESDAY, JUNE 3 |
PANELISTS
Gary E. Axelrod Partner, Latham & Watkins LLP
Jason Chrein Managing Director – Lodging, Gaming & Real Estate, Credit Agricole Corporate and Investment Bank
Warren de Haan Chief Originations Officer, Starwood Property Trust, Inc.
John Putrino Managing Director – U.S. Real Estate, Lodging and Leisure, BMO Capital Markets
Rene Theriault Managing Director, Goldman, Sachs & Co.
Workshop XIV – Finance
TUESDAY, JUNE 3
7:15 AM to 8:15 AM NETWORK AND NOSH Fifth Floor, Westside Ballroom
Meet, greet, and eat—a powerful way to start your day.
8:30 AM to 9:10 AM PANELISTS
Glenn Alba Managing Director, Blackstone
Cia Buckley Chief Investment Officer, Dune Real Estate Partners LP
Merrick Kleeman Managing Partner, Wheelock Street Capital
Mit Shah Chief Executive Officer and Senior Managing Principal, Noble Investment Group, LLC
Suril Shah Senior Vice President, Starwood Capital Group
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9:50 AM to 10:25 AM OWNERS AND BRANDS— THE COMPLEXITIES OF RELATIONSHIPS IN THE HOTEL SECTOR Sixth Floor, Broadway Ballroom
How owners select brands and how brands/managers woo owners… What makes a good match?
MODERATOR
William J. Ferguson Co-Chairman and Co-Chief Executive Officer, FPL Advisory Group
PANELISTS
Mark Brugger President and Chief Executive Officer, DiamondRock Hospitality Company
Jim Erlacher Vice President of Development, Accor
Alan J. Fuerstman Founder and CEO, Montage Hotels & Resorts
Marcel Verbaas President and Chief Executive Officer, Inland American Lodging Group
10:30 AM to 11:05 AM THE HOSPITALITY STAKEHOLDERS: A SUMMARY FROM THE EXPERTS Sixth Floor, Broadway Ballroom
Real time issues confronting the industry and reactions to the headlines of the day.
MODERATOR
Scott Berman Principal and Hospitality & Leisure U.S. Industry Leader, PwC
PANELISTS
Jim Abrahamson Chief Executive Officer, Interstate Hotels & Resorts
Geoff Ballotti President and Chief Executive Officer, Wyndham Hotel Group
Federico J. Gonzalez Tejera, Chief Executive Officer, NH Hotel Group
Paul Whetsell, President and Chief Executive Officer, Loews Hotels & Resorts
CONFERENCE AGENDA
9:15 AM TO 9:45 AM HOTELS BUILDING BRANDS AND THE CONSUMER BUY: FITTING THE JIGSAW PIECES TOGETHER Sixth Floor, Broadway Ballroom
With a push toward commoditization, the hotel brand will become more important than ever!
MODERATOR
Adam Weissenberg Vice Chairman, U.S. Tourism, Hospitality & Leisure Leader & Global Hospitality Leader, Deloitte & Touche LLP
PANELISTS
Kirk Kinsell President, The Americas, IHG (InterContinental Hotels Group)
David Kong President and Chief Executive Officer, Best Western International, Inc.
Laurens Leurink President, Expedia Lodging Partner Services
Simon M. Turner President, Global Development, Starwood Hotels & Resorts Worldwide, Inc.
TUESDAY, JUNE 3
TUESDAY, JUNE 3 |
Scott Berman of PwC, far left, moderates a discussion on linking working strategies to the U.S. Lodging Industry comeback. Left to right: Monty Bennett of Ashford Hospitality Trust; Eric Danziger of Wyndham Hotel Group; and David Kong of Best Western International, Inc.
11:10 AM to 11:40 AM COFFEE BREAK IN THE EXPO CAFÉ Fifth Floor, Westside Ballroom
Meet the Patrons and Sponsors, and other industry leaders, e-mail the office, and reenergize with refreshments in the Patron and Sponsor Expo Café.
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11:45 AM to 12:45 PM CONCURRENT WORKSHOPS
Workshop XV – Design DESIGNING FOR PROFIT Fourth Floor, Odets Room
Strategies for reaching and monetizing a new generation of customers: What design elements or new room offerings are likely to add value for Millennials, Generations X and Y, and the Baby Boomers? Who are they and what do they want? What are they willing to pay more for?
MODERATOR
Thomas S. Ito Principal, Gensler
PANELISTS
Barry A.N. Bloom Executive Vice President and Chief Operating Officer, Inland American Lodging Management, LLC
Gary Dollens Senior Vice President, Product and Brand Development, Hyatt Hotels Corporation
Scott P. Rosenberg Senior Vice President, Jonathan Nehmer + Associates, Inc.
Paul Scialla Founder, Delos
Shirli Sensenbrenner Senior Vice President, Design and Construction, Destination Hotels & Resorts
Workshop XVII – Operations THE MILLENNIAL CONSUMER Fourth Floor, Wilder Room
Over the next decade, the Millennial generation will be the core consumers of airlines, hotels, and travel companies. What are the buying patterns of these young professionals and how do they make decisions? Hear Millennial NYU alumni discuss brand loyalty, social media and more to learn how you can appeal to this essential market.
MODERATOR
Jennifer Bobrow Burns Director, Industry Relations and Administration, Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, School of Continuing and Professional Studies, New York University
PANELISTS
Eric M. Deraney Analyst, Investment Banking, Eastdil Secured / Wells Fargo Securities (B.S. Hotel and Tourism Management ’13)
Chanelle M. Dolbeare Event Manager, New York Marriott Downtown (B.S. Hotel and Tourism Management ’09)
Cynthia R. Heiple Market Associate, Expedia, Inc. (B.S. Hotel and Tourism Management ’13)
Katharine M. Lau Analyst, L&L Holding Company, LLC (B.S. Hotel and Tourism Management ’11)
Phillip Rogers Revenue Analyst, Waldorf Astoria New York (B.S. Hotel and Tourism Management ’14)
Workshop XVI – Finance THE HOSPITALITY MARKETPLACE: THOSE “IN THE KNOW” SHARE INSIDER PERSPECTIVES ON THE LATEST TRANSACTIONS Fourth Floor, O’Neill Room
Recovery has been steady with an increase in pricing, cash flow and buyer interest. Has product become easier to target as portfolio transactions accelerate? Are more deals getting listed and consummated?
MODERATOR
Meghan Cocci Vice Chair, Hotels and Leisure, Dentons
PANELISTS
Lawrence Cohen Hospitality Group Leader, Marks Paneth LLP
Mark W. Elliott Senior Managing Director, Hodges Ward Elliott Inc.
Kevin E. Mallory Senior Managing Director and Global Head, CBRE Hotels
Keith M. Pattiz Partner, McDermott Will & Emery LLP
Lawrence Wolfe Senior Managing Director and Partner, Eastdil Secured
CONFERENCE AGENDA
TUESDAY, JUNE 3
TUESDAY, JUNE 3 |
Jennifer Bobrow Burns of the NYU-SCPS Tisch Center, in center, moderates the 2013 NYU-SCPS Tisch Center alumni panel. Left to right: Jason Smith ’10 of Morgans Hotel Group; Lauren Bosch ’12 of The Westin Minneapolis; Yvette Ly ’12 of Denihan Hospitality Group; and Andrew Zenker ’12 of Highgate Hotels.
Meghan Cocci of Dentons moderates a discussion on acquisition, development and repositioning opportunities at the 2013 NYU Hospitality Conference.
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Workshop XX – Development THE NEXT GENERATION OF MIXED-USE DEVELOPMENT Sixth Floor, Shubert Room
Historically, hotels have thrived in traditional mixed-use retail/commercial/residential projects. This panel delves into the current state of hotel expansion as a component of mixed-use projects around the country. Get the latest trends on traditional mixed-use development and hear about new types of mixed-use. Panelists discuss what hotel segments, markets and development types are successful in emerging mixed-use environments.
MODERATOR
Stephanie Ricca Editor-in-Chief, Hotel Management
PANELISTS
David Gutstadt Managing Director of Hospitality Related Companies
Tom Lander Vice President of Real Estate Development, Mortenson Development, Inc.
Craig A. Mance SVP Development North America, Hilton Worldwide
Karen E. Rubin Senior Vice President, Global Development Policy and Feasibility, Starwood Hotels & Resorts Worldwide, Inc.
Workshop XIX – Operations DRIVING PROFITABILITY IN F&B: ARE WE THERE YET? Fifth Floor, Westside Salon 1
Solving the time honored riddle of how to consistently generate F&B profits.
MODERATOR
Lee Brian Schrager Vice President, Corporate Communications and National Events, Southern Wine & Spirits of America, Inc.
PANELISTS
Jeff Flug President, Union Square Hospitality Group
James Gersten President and Chief Executive Officer, BR Guest Hospitality
James Lin Senior Vice President, Restaurants and Bars, Kimpton Hotels & Restaurants
Thomas Walters Senior Vice President, Food and Beverage, Americas, Hilton Worldwide
Mark Weiss Senior Vice President of Food & Beverage, Loews Hotels
Workshop XVIII – Industry THE EVOLUTION OF THE OPERATING/BUSINESS MODEL Sixth Floor, Majestic Room
Some believed the viability of the resort sector evolved into a residential-driven, mixed-use business model. Performance and development have thrown this into question. Resort landscape headlines featured restructures and repositioning efforts. Now that pricing has level-set (somewhat), operators and developers are looking to optimize the business model for today’s consumer. This panel will consider trends and opportunities related to consolidation and the evolving role of recreational real estate concepts, high impact amenities and operational strategy.
MODERATOR
Mark A. Lunt Principal, Ernst & Young LLP
PANELISTS
Kenneth M. Blatt Principal, COO Hospitality, CPG Real Estate
John S. Hamilton Senior Vice President, Acquisitions and Business Development, Pyramid Hotel Group
Jonas Niermann Director, Real Estate and Hospitality & Leisure Consulting Practice, PwC
Bruce D. Wardinski Chief Executive Officer, Playa Hotels & Resorts
CONFERENCE AGENDA
TUESDAY, JUNE 3
TUESDAY, JUNE 3 |
Joel Eisemann of IHG (InterContinental Hotels Group) moderates a 2013 panel on franchising. From left to right: Craig Aniszewski of Summit Hotel Properties, Inc.; Michael Smith of Bickel & Brewer; William Fortier of Hilton Worldwide; Naveen Kakarla of HHM; and Mehul Patel of NewcrestImage.
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Workshop XXIII – Industry JUMPING ON THE BOUTIQUE BANDWAGON Sixth Floor, Palace Room
Boutique hotels were once only small, unique and independently operated. Now, lodging companies have developed their own boutique and lifestyle brands. How can travelers know if they will really have a boutique or lifestyle experience? And how can independent boutiques compete with these giants?
MODERATOR
Nancy Trejos Travel Writer, USA TODAY
PANELISTS
Patrick Denihan CEO, Denihan Investments, Denihan
Michael Murphy Senior Vice President, Upscale Brands, Choice Hotels International
Jason Pomeranc Co-Founder, SIXTY Collective
Jay S. Stein Chief Operating Officer, Hampshire Hotels Management, LLC
Benjamin Weprin Chief Executive Officer, AJ Capital Partners
Workshop XXII – Finance PERILS AND REWARDS OF ADAPTIVE REUSE Fifth Floor, Juilliard Room
Opportunities and challenges of adapting existing commercial and residential buildings to hotel uses.
MODERATOR
Phillip Gordon Partner, Perkins Coie LLP
PANELISTS
Roger Hill Chairman and Chief Executive Officer, The Gettys Group
Lawrence P. Horwitz Executive Director, Historic Hotels of America and Historic Hotels Worldwide
Arik W. Kono Vice President, North America Development, Starwood Hotels & Resorts Worldwide, Inc.
Rob Winchester President and Chief Operating Officer, Waterford Hotel Group, Inc.
Workshop XXI – Industry WHAT’S NEXT FOR LIMITED SERVICE & EXTENDED STAY? Fifth Floor, Westside Salon 2
Most new development in the hotel industry is in the focused-service segments, including extended-stay. As the industry matures, new ideas and concepts will evolve to drive further guest acceptance, profitability and development. Hear from brand leaders on what will be the next breakthroughs in this segment.
MODERATOR
Edward B. Watkins Editor at Large, Hotel News Now
PANELISTS
Jim Amorosia President and Chief Executive Officer, G6 Hospitality LLC, Motel 6/Studio 6
C.A. Anderson Vice President, Development for Cambria Suites & Hotels, Choice Hotels International, Inc.
Mark Fraioli Senior Vice President, JLL
Rajiv K. Trivedi Executive Vice President and Chief Development Officer, La Quinta Inns & Suites
CONFERENCE AGENDA
TUESDAY, JUNE 3
TUESDAY, JUNE 3 |
Moderator Jeffrey Horwitz of Proskauer, far left, leads the panel discussion on the latest in brand strategy. From left to right: James Abrahamson of Interstate Hotels & Resorts; Kirk Kinsell of IHG (InterContinental Hotels Group); Simon Turner of Starwood Hotels & Resorts Worldwide, Inc.; and Paul Whetsell of Loews Hotels & Resorts.
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FINANCIALLY SPEAKING: IREFAC INSIDERS
The latest (and greatest) from IREFAC.
CO-MODERATORS
Mark W. Elliott Senior Managing Director, Hodges Ward Elliott, Inc.
Michael Murphy Head of Lodging and Leisure Capital, First Fidelity Companies
PANELISTS
Jon E. Bortz Chairman and Chief Executive Officer, Pebblebrook Hotel Trust
Laurence Geller Chairman, Geller Investment Co. LLC
Mark Hoplamazian President and Chief Executive Officer, Hyatt Hotels Corporation
Jackson Hsieh Vice Chairman, Morgan Stanley
Stephen D. Plavin Chief Executive Officer, Blackstone Mortgage Trust
Neil Shah President and Chief Operating Officer, Hersha Hospitality
CONFERENCE PATRON AND SPONSOR NYU-SCPS TISCH CENTER SCHOLARSHIP AWARDS
Each year generous contributions for conference sponsorship support graduate and undergraduate Tisch Center scholars and programs. Meet some of our best and brightest.
PRESENTER
Bjorn Hanson, Ph.D. Divisional Dean, Preston Robert Tisch Center for Hospitality, Tourism and Sports Management, School of Continuing and Professional Studies, New York University
BEYOND THE BOARDROOM
INTERVIEW GUEST
Ivanka Trump Executive Vice President of Development & Acquisitions, The Trump Organization
INTERVIEW HOST
Jonathan M. Tisch Co-Chairman of the Board and Office of the President, Loews Corporation; Chairman, Loews Hotels & Resorts
2:30 PM TO 3:30 PM THE IREFAC C. EVERETT JOHNSON AWARD Sixth Floor, Broadway Ballroom
RECIPIENT
Michael Murphy Head of Lodging and Leisure Capital, First Fidelity Companies
PRESENTER
Laurence Geller Chairman, Geller Investment Co. LLC
1:00 PM to 2:25 PM LUNCHEON Sixth Floor, Broadway Ballroom
CONFERENCE AGENDA
TUESDAY, JUNE 3
TUESDAY, JUNE 3 |
Conference chair Jonathan M. Tisch, left, with 2013 Beyond the Boardroom interview guest, Roger Goodell, NFL Commissioner.
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Workshop XXVI – Finance HOTEL PROPERTY TAX APPEALS – RECENT DEVELOPMENTS TO BENEFIT THE BOTTOM LINE Fifth Floor, Westside Salon 2
Several significant decisions have been issued by the courts awarding hotels substantial reductions in property tax assessments. How do these decisions affect your hotel portfolio and how can you achieve property tax savings?
MODERATOR
Frank E. Ferruggia Partner, McCarter & English, LLP
PANELISTS
David J. Chitlik Senior Director, Property Tax, Marriott International, Inc.
Thomas Dolan Managing Director, HVS Property Tax Services
Eric B. Lewis Executive Managing Director and Global Practice Leader of Hospitality & Gaming, Cushman & Wakefield
Eddie Tantoco Executive Vice President, SK Oil Sales
Workshop XXV – Finance MANAGING THE MANAGER: TRENDS IN ASSET MANAGEMENT FOR OPTIMIZING REVENUE FOR BOTTOM LINE RESULTS Fourth Floor, Wilder Room
How to manage your hotel to increase profitability from the perspective of the asset managers who are “in the trenches”.
MODERATOR
John Melicharek Partner, Baker & Hostetler LLP
PANELISTS
Greg Bingaman Director, Asset Management, Westmont Hospitality Group
Tom Healy Senior Vice President, Asset Management, Strategic Hotels & Resorts
Scott Woroch Executive Vice President, Worldwide Development, Four Seasons Hotels and Resorts
Steve Zunker Divisional Vice President of Asset Management, Ashford
3:45 PM to 4:45 PM CONCURRENT WORKSHOPS
Workshop XXIV – Operations COULD RISING CUSTOMER ACQUISITION COSTS ADVERSELY AFFECT THE HOTEL INDUSTRY? Fifth Floor, Westside Salon 1
The costs to acquire and retain customers are skyrocketing. Online distribution and the immergence of search mean that few bookings are truly direct and current strategies are worsening the problem. Join us for a discussion of how new revenue strategies ensure that our industry does not become insolvent.
MODERATOR
Isabelle Claver Director, Hospitality & Leisure, PwC
PANELISTS
Patrick T. Bosworth Co-Founder and Chief Executive Officer, Duetto Research
Thomas P. Botts Executive Vice President, Chief Customer Officer, Denihan Hospitality Group
Chi Man Chan Senior Vice President, e-Commerce & Distribution, Loews Hotels & Resorts
Cindy Estis Green Co-Founder and Chief Executive Officer, Kalibri Labs
Melissa Maher Senior Vice President, Global Partner Group, Expedia, Inc.
Bharet Malhotra Senior Vice President of Sales, Cvent
CONFERENCE AGENDA
TUESDAY, JUNE 3
TUESDAY, JUNE 3 |
Christina Trauthwein of Hotel Business Design moderates a panel discussion on repositioning and adaptive reuse at the 2013 NYU Conference.
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Workshop XXVII – Finance UP, UP AND AWAY? THE BROKERS EXPOUND ON WHY IT’S A BUYER’S AND SELLER’S MARKET: WHY SHOULD YOU BUY NOW? WHERE IS HOTEL PRICING GOING? Fourth Floor, Odets Room
Added fees from the brands, increased taxes, insurance costs on the rise and healthcare reform… how are these factors affecting value and volume?
MODERATOR
Anne R. Lloyd-Jones Managing Director, HVS
PANELISTS
Alton M. Calhoun Managing Director, Jones Lang LaSalle
Peter Dannemiller Managing Director, Hodges Ward Elliott, Inc.
Richard R. Lillis Executive Vice President, Colliers International Hotels
Thomas P. McConnell Executive Managing Director, Global Hospitality Group, Cushman & Wakefield
Daniel C. Peek Senior Managing Director, HFF
CONFERENCE AGENDA
TUESDAY, JUNE 3
TUESDAY, JUNE 3 |
AUDIO RECORDINGS
Onsite Recording Productions will record audio of select sessions of the NYU Hospitality Conference and will make them available for purchase. For additional details or to place your advance order, contact the company directly at (561) 837-2335, visit conference recordings or e-mail [email protected].
CONTACT US
For registration, NYU Conference Mobile App or general NYU Hospitality Conference inquiries, please e-mail [email protected].
SAVE THE DATE
The 37th Annual NYU International Hospitality Industry Investment Conference will be held May 31 – June 2, 2015 at the New York Marriott Marquis. The New York Marriott Marquis is located in the heart of Times Square at 1535 Broadway at 45th Street, New York, NY. Please bookmark www.nyu.edu/hospitalityconference.
@NYUHOSPITALITY
Arthur Adler of Jones Lang LaSalle, far left, moderates a 2013 panel discussion on M&A in the Lodging Sector. Left to right: Mark Brugger of DiamondRock Hospitality Company; Daniel Hansen of Summit Hotel Properties, Inc.; Mitesh Shah of Noble Investment Group, LLC; Richard Smith of FelCor Lodging Trust, Inc.; and Marcel Verbaas of Inland American Lodging Group.
Conference Agenda as of May 15, 2014
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FREQUENTLY ASKED QUESTIONS
WHAT IS THE CANCELLATION AND REFUND POLICY?
Advance written notice is required for all cancellation and refund requests. Cancellations and refund requests must be received before close of business on Friday, May 23, 2014 (Eastern Standard Time). Submit the request by e-mail to [email protected] and indicate registrant name, organization, contact information and registration confirmation number. Please note a USD $300 cancellation fee will apply. We apologize that cancellations received after May 23 are non-refundable and we are not able to arrange cancellation exceptions or accept on-site cancellations.
AM I ALLOWED TO TRANSFER MY REGISTRATION?
A transfer of registration will be accepted if written notice is received by close of business on Thursday, May 29, 2014 (Eastern Standard Time). Submit the request by e-mail to [email protected] and indicate registrant name, organization, contact information and registration confirmation number. Please note a USD $150 transfer fee will apply. We apologize that transfer requests received after May 29 will not be accepted and we are not able to arrange on-site transfer of registrations.
WHAT IS THE DEADLINE FOR INCLUSION IN THE PRINTED PARTICIPANT LIST?
Please register by close of business on Monday, May 5, 2014 (Eastern Standard Time) to be included in the printed participant list distributed to attendees at the NYU Hospitality Conference.
HOW CAN I BECOME A PATRON OR SPONSOR OF THE NYU CONFERENCE?
If your firm is interested in learning about the benefits of a 2014 Patronage or Sponsorship opportunity with the NYU International Hospitality Industry Investment Conference, please e-mail [email protected].
ARE THERE DISCOUNTS OR PARTIAL ATTENDANCE FEE OPTIONS?
There are no discounts and no partial attendance fee options.
WHO DO I CONTACT FOR SPECIFIC QUESTIONS ABOUT THE CONFERENCE?
Please e-mail your questions to [email protected].
CAN I RECEIVE CLE CREDITS FOR ATTENDING THE CONFERENCE?
We do not issue CLE credits to any attendees or participants; however, we do provide a Certificate of Attendance. This form may be submitted to an agency of your choice to verify the hours spent attending this educational seminar. Some agencies may also require the attendee to provide a listing of the workshops and the Conference website. After the conference, please e-mail [email protected] to receive this form.
WHAT IS THE CONFERENCE ATTIRE?
Business or Business Casual.
HOW DO I OBTAIN A PRESS PASS FOR THE CONFERENCE?
If your publication plans to cover the NYU International Hospitality Industry Investment Conference, please e-mail coverage strategy and press credentials to [email protected]. For news and alerts, follow the NYU Conference on Twitter.
CAN I PURCHASE CONFERENCE AUDIO RECORDINGS?
Onsite Recording Productions will record audio of select sessions of the NYU Hospitality Conference and will make them available for purchase. For additional details or to place your advance order, contact the company directly at (561) 837-2335, visit conference recordings or e-mail [email protected].
HOW CAN I BE ADDED TO YOUR MAILING / E-MAIL LIST?
Please e-mail your details to [email protected].
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NYU POLICIES & GENERAL INFORMATION
CONFERENCE REGISTRATION
Registration for the 36th Annual NYU International Hospitality Industry Investment Conference will remain at USD $1,975. This fee includes access to scheduled breakfasts, luncheons, receptions, workshop sessions and one (1) set of materials for each paid participant. Invited speakers are pre-registered.
REGISTRATION OPTIONS
You may register online, by mail or on-site at the conference.
To register online, visit www.nyu.edu/hospitalityconference
To register by mail, complete this registration form and return with a check or money order payable to New York University. Payment must accompany the registration form. Please fill out a separate form for each registration and provide an original business card for badge accuracy. All registrations sent by mail must be received by 12:00 p.m. on Friday, May 30, 2014 (Eastern Standard Time).
To register on-site, you may pay with check, money order or credit card. To pay by credit card, all walk-ins will be required to self-register at available kiosks. Visit the NYU Hospitality Conference registration area beginning at 2:00 p.m. on Sunday, June 1, 2014 on the fifth floor of the New York Marriott Marquis.
Paid registrants may purchase a badge for their spouse or partner (USD $500) which allows entry into the two evening receptions only. To purchase a badge for your spouse or partner, email [email protected] or visit the NYU Hospitality Conference registration area during the available hours noted in Badges and Materials. Spouses, partners, visitors and guests are not granted access unless fully registered and badged.
There are no discounts and no partial attendance fee options. We are not able to accept faxed registrations or wire transfers as a form of payment.
ELECTRONIC CONFIRMATION
An automated e-mail registration confirmation will be sent to the e-mail address provided to NYU at the time of registration. If confirmation is not received within two business days, please e-mail [email protected] to request a duplicate copy.
CANCELLATIONS, REFUNDS, AND TRANSFERS
Registration cancellations and refund requests must be received before close of business on Friday, May 23, 2014 (Eastern Standard Time). Submit the request by e-mail: [email protected] and indicate registrant name, organization, contact information and registration confirmation number. Please note a USD $300 cancellation fee will apply.
We apologize that cancellations received after May 23 are non-refundable and we are not able to arrange cancellation exceptions or accept on-site cancellations.
A transfer of registration will be accepted if written notice is received by close of business on Thursday, May 29, 2014 (Eastern Standard Time). Submit the request by e-mail: [email protected] and indicate registrant name, organization, contact information and registration confirmation number. Please note a USD $150 transfer fee will apply. We apologize that transfer requests received after May 29 will not be accepted and we are not able to arrange on-site transfer of registrations.
BADGES AND MATERIALS
The 36th Annual NYU International Hospitality Industry Investment Conference information desk will open, with badges and materials available, beginning 2:00 p.m. on Sunday, June 1, 2014 on the fifth floor of the New York Marriott Marquis. The information desk is also available beginning 7:00 a.m. on both Monday, June 2, 2014 and Tuesday, June 3, 2014.
Proper photo identification is required for badge retrieval. One (1) set of conference materials per paid registrant is provided at time of badging. Badges must be displayed in all public spaces throughout the conference.
PARTICIPANT LIST
Please register by close of business on Monday, May 5, 2014 (Eastern Standard Time) to be included in the printed participant list distributed on-site to attendees at the NYU Hospitality Conference.
LODGING RESERVATIONS
The 36th Annual NYU International Hospitality Industry Investment Conference will be held at the New York Marriott Marquis, located at 1535 Broadway at 45th St, New York, NY. The special NYU lodging rate became available in January beginning at USD $379. The New York Marriott Marquis will hold a block of rooms until Wednesday, May 7, 2014 or until the room block has been fully reserved by attendees. At that time, the New York Marriott Marquis will accept reservations on a rate-and space-available basis only. Attendees and speakers are responsible for their own lodging and travel arrangements and expenses.
For hotel reservations at the New York Marriott Marquis, please call (212) 398-1900 or (877) 303-0104 and ask for the NYU Hospitality Conference or visit the hotel accommodations page.
SPECIAL NEEDS AND REQUESTS
Participants with special needs, such as physical or dietary, are encouraged to e-mail [email protected] by Tuesday, May 27, 2014 to indicate their particular requirement(s).
LIFELONG LEARNING
The School of Continuing and Professional Studies at New York University (NYU-SCPS) is a recognized leader in graduate, undergraduate and continuing education. The 36th Annual NYU International Hospitality Industry Investment Conference meets the educational requirements of many organizations and agencies. New York University is an affirmative action/equal opportunity institution.
PROGRAM UPDATES
New York University reserves the right to cancel, modify or reschedule programs and speakers. For the most updated conference program, please visit www.nyu.edu/hospitalityconference.
NYU TISCH CENTER STUDENT SCHOLARSHIPS
Contributions from the Patron and Sponsor organizations of the annual NYU International Hospitality Industry Investment Conference provide student scholarships and support academic programs of the NYU-SCPS Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management.
If you would like to make an optional scholarship contribution in support of NYU Tisch Center students, please email [email protected]. Organizations and individuals can provide much needed scholarships. Any amount will be appreciated.
IREFAC
New York University and the Executive Planning Committee of the 36th Annual NYU International Hospitality Industry Investment Conference appreciate the support of the Industry Real Estate Financing Advisory Council (IREFAC) of the American Hotel & Lodging Association (AH&LA), whose past and present chairs include: Archie Bennett; Stephen F. Bollenbach; Jacques E. Brand; Stephen W. Brener (deceased); Thomas J. Corcoran, Jr.; Gregory R. Dillon (deceased); Laurence S. Geller; Matthew J. Hart; Charles S. Henry; Jackson Hsieh; C. Everett Johnson (deceased); Peter C. Krause; William G. McDonald; Michael Murphy; Stephen Rushmore; Randell A. Smith; Arne M. Sorenson; Kathleen Taylor; and Gary Wilson.
The students of New York University’s Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, the next generation of hoteliers, are most grateful for IREFAC’s annual scholarship contribution.
SAVE THE DATE
The 37th Annual NYU International Hospitality Industry Investment Conference will be held May 31 – June 2, 2015 at the New York Marriott Marquis. The New York Marriott Marquis is located in the heart of Times Square at 1535 Broadway at 45th Street, New York, NY. Please bookmark www.nyu.edu/hospitalityconference.
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36TH ANNUAL NYU INTERNATIONAL HOSPITALITY INDUSTRY INVESTMENT CONFERENCE
First Name M.I.
Last Name Preferred First Name For Badge (If Different)
Title (No Abbreviations Please)
Company Department (If Any)
Address
City State Zip or Postal Code
Country
Business Phone Business Fax
E-mail (Required For Automated Registration Confirmation)
ONLINE REGISTRATION
VISIT: www.nyu.edu/hospitalityconference (highly recommended for fastest response)
Automated e-mail registration confirmation will be sent to the e-mail address provided to NYU at the time of registration.
Major credit cards accepted: American Express®, Discover®, MasterCard® or Visa®
OTHER REGISTRATION OPTIONS
MAIL: To register by mail, complete this registration form and return with a check or money order payable to New York University. Payment must be received by 12:00 p.m. on Friday, May 30, 2014 (Eastern Standard Time) and must accompany the registration form. Please fill out a separate form for each registration and provide an original business card for badge accuracy. An e-mail registration confirmation will be sent. Send to: SCPS Budget Office, New York University, 7 East 12th Street, 12th Floor, New York, NY 10003, Attention: 2014 Hospitality Conference.
ON-SITE: To register on-site, you may pay with check, money order or credit card. To pay by credit card, all walk-ins will be required to self-register at available kiosks. Visit the NYU Hospitality Conference registration area beginning at 2:00 p.m. on Sunday, June 1, 2014 on the fifth floor of the New York Marriott Marquis. For faster service, conference attendees should plan to register in advance online (www.nyu.edu/hospitalityconference).
We are not able to accept faxed registrations or wire transfers as a form of payment.
SAVE THE DATE
The 37th Annual NYU International Hospitality Industry Investment Conference will be held May 31 – June 2, 2015 at the New York Marriott Marquis. The New York Marriott Marquis is located in the heart of Times Square at 1535 Broadway at 45th Street, New York, NY. Please bookmark www.nyu.edu/hospitalityconference.
CONFERENCE REGISTRATION FORMOnline: www.nyu.edu/hospitalityconference
Mail to: SCPS Budget Office, New York University 7 East 12th Street, 12th Floor New York, NY 10003 Attention: 2014 Hospitality Conference
Please register me for the 36th Annual NYU International Hospitality Industry Investment Conference – Sunday, June 1,
2014, 2:00 p.m. (NYU registration desk opens) to Tuesday, June 3, 2014, 4:00 p.m.; conference registration USD $1,975.
My payment (check or money order) is enclosed.
REGISTRATION INFORMATION
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