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conference chair

Jonathan M. tischco-chairman of the Board and office of the President, Loews corporation; chairman, Loews hotels & resorts

conference host

Dennis Di Lorenzoharvey J. stedman Dean, nYU school of Professional studies

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2

at-a-gLanceat-a-gLance

sUnDaY, maY 316:00 Pm to 8:00 PmWeLcoMe receptionSixth Floor, Broadway Ballroom

monDaY, JUne 17:00 am to 7:55 amnetWorK anD noshFifth Floor, Westside Ballroom

8:00 am to 11:00 amgeneraL sessions

8:00 am to 8:10 amconference hostSixth Floor, Broadway Ballroom

8:10 am to 8:30 amconference chair’s opening reMarKsSixth Floor, Broadway Ballroom

8:35 am to 9:15 amthe ceos checK in: a vieW froM the topSixth Floor, Broadway Ballroom

9:20 am to 9:50 amthe titans of reaL estateSixth Floor, Broadway Ballroom

9:55 am to 10:25 amsaMe goaLs/Different strategiesSixth Floor, Broadway Ballroom

10:30 am to 11:00 amstatisticaLLy speaKingSixth Floor, Broadway Ballroom

11:05 am to 11:35 am coffee BreaK in the eXpo cafÉFifth Floor, Westside Ballroom

11:45 am to 12:45 Pmconcurrent WorKshops

workshoP i – financeprivate eQuity revisiteD: With eQuity reMaining aBunDant, the Movers anD shaKers eXpounD on types of DeaLs they are seeKingFifth Floor, Westside Salon 1

workshoP ii – industryLuXury, LuXury, LuXury… DeMographic shifts… froM MiLLenniaLs to BaBy BooMers: a sought after LifestyLe of five star service anD upscaLe accoMMoDationsFourth Floor, Wilder Room

workshoP iii – financegroWth strategy runs the gaMut… a focus on groWth anD BranD eXpansion: the Best Way to goFifth Floor, Juilliard Room

workshoP iV – Designgaining a coMpetitive eDge through DesignFourth Floor, Odets Room

workshoP V – operationsfranchising: it’s poWering the inDustry’s groWthSixth Floor, Shubert Room

workshoP Vi – financethe hoteL inDustry’s recent transactions: an insiDer perspective on the current hospitaLity MarKetpLaceFifth Floor, Westside Salon 2

workshoP Vii – industryBoutiQue hoteLs: sustainaBLe asset cLass or BriDge to the Big BranDs?Sixth Floor, Majestic Room

1:00 Pm to 3:00 PmgeneraL sessions

1:00 Pm to 1:45 Pm LuncheonSixth Floor, Broadway Ballroom

WeLcoMe

hoteL neWs noW stephen W. Brener siLver pLate aWarD

1:50 Pm to 2:20 PmLuncheon aDDressSixth Floor, Broadway Ballroom

2:25 Pm to 3:00 PmBeyonD the statistics: the econoMists’ prognosticate Sixth Floor, Broadway Ballroom

3:05 Pm to 3:35 Pm coffee BreaK in the eXpo cafÉFifth Floor, Westside Ballroom

3:45 Pm to 4:45 Pmconcurrent WorKshops

workshoP Viii – operationsa MarKeting perspective: aLL things sociaL anD DigitaL for the custoMer of the futureFourth Floor, Odets Room

workshoP iX – industrythe evoLving econoMy segMent: Less can Be More for investors anD consuMersFourth Floor, Wilder Room

workshoP X - financeBuy, BorroW, or seLL? hoW reits are Behaving noW?Fifth Floor, Westside Salon 1

workshoP Xi - industry DataData-Driven Decisions: nice or a necessity?Sixth Floor, Shubert Room

workshoP Xii - financeare We in a capitaL MarKets BuBBLe? anD hoW is it infLuencing the MarKets?Fifth Floor, Westside Salon 2


3

at-a-gLance

workshoP Xiii – industryLuXury or uBer-LuXury: can We taKe you higher?Fifth Floor, Juilliard Room

workshoP XiV – operationsasset ManageMent trenDs: optiMize revenue for BottoM Line resuLtsSixth Floor, Majestic Room

5:00 Pm to 6:30 Pm granD netWorKing receptionEighth Floor, Broadway Lounge

tUesDaY, JUne 27:15 am to 8:15 amnetWorK anD noshFifth Floor, Westside Ballroom

8:30 am to 11:05 amgeneraL sessions

8:30 am to 9:10 amthe LeaDers’ foruMSixth Floor, Broadway Ballroom

9:15 am to 9:45 ama vieW froM the oWner’s seatSixth Floor, Broadway Ballroom

9:50 am to 10:25 amthe LeaDers checK in – part tWoSixth Floor, Broadway Ballroom

10:30 am to 11:05 amthe preMier DeveLopMent cycLeSixth Floor, Broadway Ballroom

11:10 am to 11:40 am coffee BreaK in the eXpo cafÉFifth Floor, Westside Ballroom

11:45 am to 12:45 Pmconcurrent WorKshops

workshoP XV – DesignneW or reneW: grounD up vs. renovationFourth Floor, Odets Room

workshoP XVi – industrythe coLLection craze: everyBoDy’s Doing it! What is Driving the coLLection trenD? What Does it Mean? Why are the BranDeD hoteL coMpanies noW “coLLecting”? Sixth Floor, Majestic Room

workshoP XVii – operationsneXt gen investors anD aDvisors reveaL Why, Where, anD When they’LL spenDFourth Floor, Wilder Room

workshoP XViii – financethe LenDing environMent: What is going on in the DeBt MarKets?Fifth Floor, Westside Salon 1

workshoP XiX – operationsrevenue ManageMent anD profit optiMization: MaXiMizing the totaL assetFifth Floor, Broadhurst Room

workshoP XX – Government affairs roundtableupDate on governMent affairs: the inDustry’s LeaDers Discuss the poLiticaL nuances that are iMpacting toDay’s hospitaLity operator anD What to LooK for in the Months aheaDFourth Floor, O’Neill Room

workshoP XXi – operationsthe sociaL center of hoteLs: hoW has this evoLveD? Bars, restaurants, anD nightLife as DifferentiatorsFifth Floor, Juilliard Room

workshoP XXii – industryresorts reDefineDSixth Floor, Shubert Room

1:00 Pm to 3:30 PmgeneraL sessions

1:00 Pm to 1:55 Pm LuncheonSixth Floor, Broadway Ballroom

conference patron anD sponsor nyu schooL of professionaL stuDies tisch center for hospitaLity anD tourisM schoLarship aWarDs

2:00 Pm to 2:25 PmBeyonD the BoarDrooMSixth Floor, Broadway Ballroom

2:30 Pm to 3:30 Pmthe irefac c. everett Johnson aWarDSixth Floor, Broadway Ballroom

financiaLLy speaKing: irefac insiDersSixth Floor, Broadway Ballroom

3:45 Pm to 4:45 Pmconcurrent WorKshops

workshoP XXiii – industrytrue inDepenDents: What Defines a true inDepenDent hoteL in toDay’s MarKetpLace?Fourth Floor, O’Neill Room

workshoP XXiV – Developmenta neW DeveLopMent seQuence for the BranDs: BLenDing neW strategies With proven onesFifth Floor, Broadhurst Room

workshoP XXV - industryseLect serviceFourth Floor, Wilder Room

workshoP XXVi – financehoteL ManageMent agreeMents Fifth Floor, Juilliard Room

workshoP XXVii – operationshoteL LoyaLty prograMs: What Does the future hoLD?Fourth Floor, Odets Room

workshoP XXViii – financeriDing the rising tiDeSixth Floor, Majestic Room


conference agenDaas of maY 26, 2015

Sunday, May 31 – Monday, June 1 | 4

sUnDaY, maY 31

6:00 Pm to 8:00 Pm

WeLcoMe receptionSixth Floor, Broadway Ballroom

there has never been a more critical or relevant time to connect with colleagues than now, at the international hospitality industry investment conference opening reception. meet, mingle, and network with the professionals who drive this complex and evolving industry. (Dress is business casual.)

monDaY, JUne 1

7:00 am to 7:55 am

netWorK anD noshFifth Floor, Westside Ballroom

enjoy a hearty breakfast with colleagues, as you prepare for an enlightening day that will focus on changes and trends in the industry.

8:00 am to 11:00 am

generaL sessions8:00 am to 8:10 am

conference hostSixth Floor, Broadway Ballroom

Dennis Di Lorenzo harvey J. stedman Dean, nYU school of Professional studies

8:10 am to 8:30 am

conference chair’s opening reMarKsSixth Floor, Broadway Ballroom

Jonathan M. Tisch co-chairman of the Board and office of the President, Loews corporation; chairman, Loews hotels & resorts

8:35 am to 9:15 am

the ceos checK in: a vieW froM the topSixth Floor, Broadway Ballroom

Learn about the evolving investment landscape and the changing consumer base from top hospitality executives, as well as how the competition is pressing these ceos to lead their brands and to differentiate their companies.

moDerator:

Katherine Lugar President and chief executive officer, american hotel & Lodging association

PaneLists:

Geoff A. Ballotti President and chief executive officer, wyndham hotel Group, LLc

Sébastien Bazin chairman and chief executive officer, accor

Mark S. Hoplamazian President and chief executive officer, hyatt hotels corporation

Christopher J. Nassetta President and chief executive officer, hilton worldwide

NYU School of Professional Studies Dean Dennis Di Lorenzo (left) and Conference Chair Jonathan M. Tisch (right) at the 2014 NYU International Hospitality Industry Investment Conference.


Monday, June 1 | 5


monDaY, JUne 1

9:20 am to 9:50 am

the titans of reaL estateSixth Floor, Broadway Ballroom

returning to the conference main stage, these two industry giants come together to share, compare, outline, and define their views of the industry and their approaches to success.

moDerator:

Craig Karmin hotel and real estate reporter, The Wall Street Journal

PaneLists:

� Jonathan D. Gray, Global head of real estate, Blackstone

� Barry Sternlicht, chairman and chief executive officer, starwood capital Group

9:55 am to 10:25 am

saMe goaLs/Different strategiesSixth Floor, Broadway Ballroom

competition is intense in the hospitality industry with financial, structural, logistical, and global factors all influencing the goals and objectives of key players. Learn how leading hospitality organizations and financial institutions play to win in this evolving sector.

moDerator:

Jeffrey A. Horwitz corporate Partner, head of Lodging & Gaming Practice and co-head of Private equity real estate Group, Proskauer

PaneLists:

� Monty J. Bennett, founder, chairman and chief executive officer of ashford Group of companies, ashford

� Tyler Henritze, senior managing Director and co-head of U.s. acquisitions, Blackstone

� Mit Shah, chief executive officer and senior managing Principal, noble investment Group, LLc

� Edward W. Walter, President and chief executive officer, host hotels & resorts, inc.

10:30 am to 11:00 am

statisticaLLy speaKingSixth Floor, Broadway Ballroom

industry data and forecasts are critical in the hospitality industry for planning, growth, expansion, and the ability to take advantage of new and emerging opportunities. Learn from two of the top industry research and consultation service specialists about current industry trends, as well as their forecasts for the future.

co-Presenters:

Amanda Hite President and chief operating officer, str

Stephen Rushmore, Jr. President and chief executive officer, hVs

11:05 am to 11:35 am

coffee BreaK in the eXpo cafÉFifth Floor, Westside Ballroom

meet conference patrons and sponsors, as well as other industry leaders. network as you reenergize with refreshments in the Patron and sponsor expo café.

Rebecca Jarvis of ABC News, left, interviews Jonathan Gray of Blackstone at the 2014 NYU Hospitality Investment Conference.


Monday, June 1 | 6


monDaY, JUne 1

11:45 am to 12:45 Pm

concurrent WorKshopsthe conference’s concurrent workshops focus on specialized topics of interest, allowing attendees to customize their experience while gaining critical industry information from interactive panel discussions.

workshoP i – financeprivate eQuity revisiteD: With eQuity reMaining aBunDant, the Movers anD shaKers eXpounD on types of DeaLs they are seeKingFifth Floor, Westside Salon 1

current thinking is that private equity is focusing almost exclusively on existing product, resulting in owners obtaining the best pricing on existing hotels. Learn more about this emerging phenomenon.

moDerator:

Francis J. Nardozza chairman and chief executive officer, reh capital Partners, LLc

PaneLists:

� Rick S. Kirkbride, Partner, Paul hastings LLP � Jonathan Mehlman, chief executive

officer, american realty capital hospitality trust

� Sujan Patel, managing Director and co-head of investments, northstar

� Suril Shah, managing Director, starwood capital Group

workshoP ii – industryLuXury, LuXury, LuXury… DeMographic shifts… froM MiLLenniaLs to BaBy BooMers: a sought after LifestyLe of five star service anD upscaLe accoMMoDationsFourth Floor, Wilder Room

the concept of luxury is being redefined due to the diversity of demands from those who are new to the segment, as well as those who have been spoiled by it and have even greater expectations. Personalization and the ability to anticipate needs and desires are key. Learn from the leaders in luxury, who provide an insider’s view of this specialized industry sector.

moDerator:

Meghan Cocci Vice chair, hotels and Leisure, Dentons

PaneLists:

� Alfredo A. Carvajal, President, Delos international and signature Programs, Delos

� Raymond “Rip” Gellein, Jr., chairman and chief executive officer, strategic hotels & resorts, inc.

� Michael F. Glennie, President and chief operating officer, frhi hotels & resorts

� Jan D. Goessing, executive Vice President, operations Director, the americas, mandarin oriental hotel Group

� Homi Vazifdar, managing Director, canyon equity LLc

workshoP iii – financegroWth strategy runs the gaMut… a focus on groWth anD BranD eXpansion: the Best Way to goFifth Floor, Juilliard Room

there are innumerable ways to grow your hospitality business, but which strategy is right for your company? how can you evaluate the options and approaches, as well as the brand partners and best markets to choose and to target to ensure growth now and in the future? top industry experts provide guidance in making these tough decisions.

moDerator:

Michael A. Fishbin Global and americas hospitality Leader, eY

PaneLists:

� Ben Brunt, Principal and executive Vice President, acquisitions and Development, noble investment Group, LLc

� Deric Eubanks, chief financial officer, ashford

� Troy Furbay, executive Vice President and chief investment officer, Diamondrock hospitality company

� Mike Garcia, chief financial officer and senior Vice President, acquisitions and Development, omni hotels & resorts

� John S. Hamilton, senior Vice President, Business Development and acquisitions, Pyramid hotel Group

Conference Chair Jonathan M. Tisch (center) and 2014 Conference Patron and Sponsor Student Scholars who are pursuing NYU graduate and undergraduate degrees in hospitality and tourism. Left to right: Kathleen Phelan, Irina Shpak, Tiffany Jen-Yun Huang, Cyrah Franklin, Riana Stadlen, Jaideep Advani, Yue Yuan, Vanessa Marquez, Elizabeth Lowe, Christina Jenkins, Brian Wagner, and Andres Zapata.


Monday, June 1 | 7


monDaY, JUne 1

workshoP iV – Designgaining a coMpetitive eDge through DesignFourth Floor, Odets Room

owners and executives in the hospitality industry continuously seek to gain the competitive advantage in the marketplace. During this panel, industry experts explore the benefits of using design as a tool to increase profitability, functionality, and popularity of your hotel.

moDerator:

Jonathan C. Nehmer chairman and founder, Jonathan nehmer + associates, inc.

PaneLists:

� Alan Benjamin, President, Benjamin west � Greg Bingaman, Director, asset

management, westmont hospitality Group � Ted Brumleve, Director, Design and

construction, Dolce hotels and resorts � James M. Erlacher, Vice President of

Development, accor � Thomas G. Healy, senior Vice President,

asset management, strategic hotels & resorts, inc.

workshoP V – operationsfranchising: it’s poWering the inDustry’s groWthSixth Floor, Shubert Room

is the franchise model changing? what are the key opportunities and challenges when considering franchising as an option in the hospitality sector? what are the factors and influences that help to guarantee profitable partnerships between franchisor and franchisee? find out whether franchising remains a viable option for those who want to enter the business, as well as for those who want to expand their portfolio of investment options.

moDerator:

Joel M. Eisemann chief Development officer, americas, intercontinental hotels Group (ihG)

PaneLists:

� Craig J. Aniszewski, executive Vice President and chief operating officer, summit hotel Properties, inc.

� Barry A.N. Bloom, executive Vice President and chief operating officer, Xenia hotels & resorts, inc.

� Bill Fortier, senior Vice President, Development, americas, hilton worldwide

� Mehul Patel, chairman and chief executive officer, newcrestimage

� David Pepper, senior Vice President, Global Development, choice hotels international, inc.

workshoP Vi – financethe hoteL inDustry’s recent transactions: an insiDer perspective on the current hospitaLity MarKetpLaceFifth Floor, Westside Salon 2

over the past year, hotel values reached new peak levels. this comprehensive workshop provides insight into the latest and most important transactions in the hospitality industry, including an analysis of current acquisitions and dispositions, as well as their overall impact on the sector.

moDerator:

Keith M. PattizPartner, mcDermott will & emery LLP

PaneLists:

� Peter Dannemiller, managing Director, hodges ward elliott, inc.

� Teague Hunter, President, hunter hotel advisors

� Daniel Lesser, President and chief executive officer, Lw hospitality advisors LLc

� Kevin E. Mallory, senior managing Director and Global head, cBre hotels

� Lawrence B. Wolfe, senior managing Director, eastdil secured, L.L.c.

2014 NYU Conference scholarship recipient, Kathleen Phelan, addressing conference attendees.


Monday, June 1 | 8


monDaY, JUne 1

workshoP Vii – industryBoutiQue hoteLs: sustainaBLe asset cLass or BriDge to the Big BranDs?Sixth Floor, Majestic Room

Lifestyle launches and boutique hotel builds continue to expand across all continents, as major brands also begin to compete in this space. what makes investors and hotel operators enamored of this growing and evolving segment? hear from some of the top experts in this area of specialization.

moDerator:

Phillip Gordon Partner, Perkins coie LLP

PaneLists:

� Oliver Bonke, chief commercial officer, americas, intercontinental hotels Group (ihG)

� Eric A. Danziger, President and chief executive officer, hampshire hotels management, LLc

� Patrick Denihan, chief executive officer, Denihan investments, Denihan hospitality Group

� Joseph D. Long, managing Partner, khP capital Partners

� Todd G. Wynne-Parry, executive Vice President, commune hotels + resorts

1:00 Pm to 3:00 Pm

generaL sessions

1:00 Pm to 1:45 Pm

LuncheonSixth Floor, Broadway Ballroom

WeLcoMe


hoteL neWs noW stephen W. Brener siLver pLate aWarD

reciPient:

Thomas J. Corcoran, Jr. chairman, felcor Lodging trust

Presenter:

Jeff Higley Vice President/editorial Director, str/Hotel News Now

1:50 Pm to 2:20 Pm

Luncheon aDDressSixth Floor, Broadway Ballroom

LUncheon sPeaker:

Stephen A. Wynn chairman of the Board and chief executive officer, wynn resorts, Limited

introDUction:


2:25 Pm to 3:00 Pm

BeyonD the statistics: the econoMists’ prognosticate Sixth Floor, Broadway Ballroom

record low interest rates, a steady rise in the stock market, and overall low volatility are all contributing factors to the present fiscal environment. how do they affect the hospitality industry? hear from renowned economic thought leaders, as they discuss the current financial climate and their predictions for the coming years.

moDerator:

Steve Liesman senior economics reporter, cnBc

PaneLists:

Steven Blitz chief economist, itG investment research

Jason DeSena Trennert managing Partner, chairman and chief executive officer, strategas research Partners

Scott Berman of PwC, far left, moderates a discussion on issues confronting the industry. Left to right: Jim Abrahamson of Interstate Hotels & Resorts, Inc. and Geoff Ballotti of Wyndham Hotel Group.


Monday, June 1 | 9


monDaY, JUne 1

3:05 Pm to 3:35 Pm



3:45 Pm to 4:45 Pm

concurrent WorKshops

workshoP Viii – operationsa MarKeting perspective: aLL things sociaL anD DigitaL for the custoMer of the futureFourth Floor, Odets Room

the competition for the attention and the loyalty of travelers continues to heat up in the digital space as social media platforms grow their reach and monetize access to their followers. hoteliers, at both the property and the brand level are searching for new ways to design, integrate, and leverage their social and digital voice. Learn from the experts about the latest techniques used to promote hospitality and travel options through social and digital channels to tech-savvy customers.

moDerator:

Jeff Weinstein editor-in-chief, HOTELS magazine/HOTELS’ Investment Outlook

PaneLists:

� Duncan L. Avis, Principal, customer strategy and Growth, kPmG LLP

� Patrick T. Bosworth, co-founder and chief executive officer, Duetto research

� Roger Chacko, chief Branding and marketing officer, carlson rezidor hotel Group

� Geoffrey Cook, Partner, Base Design � Elizabeth Pizzinato, senior Vice President,

marketing and communications, four seasons hotels and resorts

workshoP iX – industrythe evoLving econoMy segMent: Less can Be More for investors anD consuMersFourth Floor, Wilder Room

inventory contraction along with an improved economy and continued renovation within the segment are positive signs for investors and consumers, but is it sustainable? find out from some of the top marketing, finance, and business development professionals in the hospitality industry.

moDerator:

Glenn Haussman editor-in-chief, Hotel Interactive

PaneLists:

� Josh Lesnick, executive Vice President and chief marketing officer, wyndham hotel Group, LLc

� Lance J. Miceli, executive Vice President and chief marketing officer, G6 hospitality LLc, motel 6/studio 6

� Brian Quinn, chief franchise officer, rLhc � Rajiv K. Trivedi, executive Vice President

and chief Development officer, La quinta inns & suites

workshoP X - financeBuy, BorroW, or seLL? hoW reits are Behaving noW?Fifth Floor, Westside Salon 1

this workshop highlights United states lodging market trends and investment perspectives from the c-suite at major publicly traded reits. the discussion focuses on investment market parameters across multiple geographies, pricing segments, and asset types.

moDerator:

Gilda Perez-Alvarado executive Vice President, JLL

PaneLists:

� Kapila K. Anand, Partner, segment Leader, travel, Leisure and hospitality, kPmG LLP

� Jeffrey Dauray, senior Vice President, acquisitions, rLJ Lodging trust

� Ashish R. Parikh, chief financial officer, hersha hospitality trust

� Richard A. Smith, President and chief executive officer, felcor Lodging trust

Conference scholarship recipient, Abby Ehrlich, speaking to 2013 Conference attendees.


Monday, June 1 | 10


monDaY, JUne 1

workshoP Xi - industry DataData-Driven Decisions: nice or a necessity?Sixth Floor, Shubert Room

Business intelligence has become a key part of the decision-making process for those in the hospitality industry. the data speaks for itself, but for many involved in making critical decisions, it is only part of the equation. Learn more about the value of data-driven decisions and the ways business intelligence can be used and fused with other methods to gain a clearer picture of the competitive marketplace, consumer behavior and loyalty, and brand equity.

moDerator:

Sean Hennessey clinical assistant Professor, nYU school of Professional studies tisch center for hospitality and tourism

PaneLists:

� Vail Brown, Vice President, Global Business Development and marketing, str

� Daniel McCoy, managing Director, hVs � Brian Payea, head of industry relations,

tripadvisor � Diana Robino, senior Vice President, new

Product Development, mastercard

workshoP Xii - financeare We in a capitaL MarKets BuBBLe? anD hoW is it infLuencing the MarKets?Fifth Floor, Westside Salon 2

as fundamentals improve and opportunities emerge, is a post-recession capital market bubble swaying hotel investment considerations? key leaders discuss the current dynamics and how they might ultimately play out.

moDerator:

Michael Kamras managing Director, credit suisse

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 and Leisure Group, UBs investment Bank

� Steven L. Lichtenfeld, Partner, real estate capital markets and real estate finance Groups, Proskauer

workshoP Xiii – industryLuXury or uBer-LuXury: can We taKe you higher?Fifth Floor, Juilliard Room

with the much-touted morphing of the wealth distribution curve in the United states and the world, what does it take today to penetrate the very top tier of the market? and, is there a special appeal to investors that goes beyond the economics for those who succeed? Learn more from those who know this segment best.

moDerator:

Isabelle Claver Director, hospitality and Leisure, Pwc

PaneLists:

� Jonathan Frolich, Vice President, Global Brands, andaz, hyatt hotels corporation

� Alan J. Fuerstman, founder and chief executive officer, montage hotels & resorts

� Ben Leahy, managing Director, head of Lodging Group investment Banking, Goldman, sachs & co.

� Scott Rohm, President, sh Group � John M. Scott, President and chief

executive officer, Belmond

The Monday night Grand Networking Reception of the 2014 NYU Hospitality Investment Conference.



Monday, June 1 – Tuesday, June 2 | 11

monDaY, JUne 1

workshoP XiV – operationsasset ManageMent trenDs: optiMize revenue for BottoM Line resuLtsSixth Floor, Majestic Room

asset managers are facing greater complexities in the underlying operational dynamics of maximizing profitability in the hotel real estate environment today. where is the focus of their analysis shifting? find out from some of the leaders in asset management.

moDerator:

John Melicharek Partner, Baker & hostetler LLP

PaneLists:

� Laura Benner, Vice President, asset management, northstar

� Howard B. Isaacson, senior Vice President, asset management, rLJ Lodging trust

� Christopher Ostapovicz, Vice President, asset management, host hotels & resorts, inc.

� Mitch Roberts, Divisional Vice President of asset management, ashford

� Andrew Wharton, managing Director, reh capital Partners, LLc

5:00 Pm to 6:30 Pm

granD netWorKing receptionEighth Floor, Broadway Lounge

start your evening at this reception, mingling with friends and colleagues. enjoy your favorite beverages and savor tasty selections that have been specially prepared for us by marriott, as you take in the lights and the excitement of times square.

tUesDaY, JUne 2

7:15 am to 8:15 am

netWorK anD noshFifth Floor, Westside Ballroom

enjoy a hearty breakfast with colleagues, as you prepare for an enlightening day that will focus on changes and trends in the industry.

8:30 am to 11:05 am

generaL sessions

8:30 am to 9:10 am

the LeaDers’ foruMSixth Floor, Broadway Ballroom

a distinguished panel of renowned industry leaders discusses pertinent topics from diverse perspectives. hear from those in the top echelons of the hospitality industry and acquire a deeper understanding of the issues and the opportunities at hand.

moDerator:

Scott D. Berman Principal and industry Leader, hospitality and Leisure, Pwc

PaneLists:

� Jim Abrahamson, chief executive officer, interstate hotels & resorts, inc.

� Kirk Kinsell, President and chief executive officer, Loews hotels & resorts

� Lou Plasencia, chief executive officer, the Plasencia Group

� J. Allen Smith, President and chief executive officer, four seasons hotels and resorts

� Simon M. Turner, President, Global Development, starwood hotels & resorts worldwide, inc.


Tuesday, June 2 | 12


tUesDaY, JUne 2

9:15 am to 9:45 am

a vieW froM the oWner’s seatSixth Floor, Broadway Ballroom

they have been buying, selling, operating, and branding—and after carefully reviewing the economics, each one of these panelists has a unique perspective to share on where the industry is now and where it is heading. Gain an insider’s perspective from some of the principal hospitality, finance, and hotel real estate executives in the country.

moDerator:

Rick Ross chair, hotels and Leisure, Dentons

PaneLists:

� Mark W. Brugger, President and chief executive officer, Diamondrock hospitality company

� Chad L. Crandell, managing Director and President, chmwarnick

� Dan Hansen, President and chief executive officer, summit hotel Properties, inc.

� Michael G. Medzigian, managing Partner, watermark capital Partners, LLc

� Marcel Verbaas, President and chief executive officer, Xenia hotels & resorts, inc.

9:50 am to 10:25 am

the LeaDers checK in – part tWoSixth Floor, Broadway Ballroom

Building on the themes discussed in past sessions, c-suite executives reflect upon the state of the industry and deliberate about the most critical issues affecting this continuously evolving and expanding business sector.

moDerator:

Adam F. Weissenberg Global travel, hospitality & Leisure Leader, Deloitte & touche LLP

PaneLists:

� David P. Berg, chief operating officer, carlson

� William J. Ferguson, chairman and chief executive officer, ferguson Partners Ltd.

� David Kong, President and chief executive officer, Best western international, inc.

� Elie W. Maalouf, chief executive officer, the americas, intercontinental hotels Group (ihG)

� Cyril Ranque, President, expedia Lodging Partner services

10:30 am to 11:05 am

the preMier DeveLopMent cycLeSixth Floor, Broadway Ballroom

as the economy has recovered, mixed-use development has come back in a big way. Learn about who is building, how they are financing projects, and what is the current mix between hotel, residential, and commercial development.

moDerator:

Arthur Adler managing Director and chief executive officer – americas, JLL

PaneLists:

� Marty Burger, chief executive officer, silverstein Properties, inc.

� Kenneth Himmel, President and chief executive officer, related Urban; managing Partner, Gulf related

11:10 am to 11:40 am



Arthur Adler of Jones Lang LaSalle moderating a panel to discuss REITs in the current cycle. Left to right: Thomas J. Baltimore, Jr. of RLJ Lodging Trust; Monty J. Bennett of Ashford; Dan Hansen of Summit Hotel Properties, Inc.; and Jay H. Shah of FelCor Lodging Trust, Inc.




tUesDaY, JUne 2

11:45 am to 12:45 Pm


workshoP XV – DesignneW or reneW: grounD up vs. renovationFourth Floor, Odets Room

Building new hotels from the ground up has its advantages, but many turn to renovation to provide the lift, appeal, and functionality a property requires to remain competitive and comfortable. a panel of top designers and architects discusses the pros and the cons of building new vs. renovating.

moDerator:

David Eisen editor-in-chief, Hotel Management

PaneLists:

� Roger Hill, chairman and chief executive officer, the Gettys Group

� Thomas S. Ito, Principal, Gensler � Scott P. Rosenberg, President, Jonathan

nehmer + associates, inc. � Thomas R. Trout, Vice President,

architecture and Design, Debut hotels

workshoP XVi – industrythe coLLection craze: everyBoDy’s Doing it! What is Driving the coLLection trenD? What Does it Mean? Why are the BranDeD hoteL coMpanies noW “coLLecting”? Sixth Floor, Majestic Room

a new way of doing business or just a new buzzword: do so-called “collections” mark a fundamental change in the hotel branding model as we have come to know it, or is this just a passing gimmick? Learn more about how key players in the hospitality landscape are using this tactic to differentiate themselves in the marketplace.

moDerator:

Dennis Nessler editor-at-Large, Hotel Business

PaneLists:

� Mike Muir, Vice President, north american Development, Best western international, inc., The Premier Collection

� Michael Murphy, senior Vice President, Upscale Brands, choice hotels international, inc, The Ascend Collection

� Rob Palleschi, Global head, full service Brands, hilton worldwide, Curio: A Collection by Hilton

� Allison Reid, senior Vice President of Development and acquisitions, north america, starwood hotels & resorts worldwide, inc., The Luxury Collection

� Noah J. Silverman, chief Development officer, north america full service hotels, marriott international, inc., The Autograph Collection

workshoP XVii – operationsneXt gen investors anD aDvisors reveaL Why, Where, anD When they’LL spenDFourth Floor, Wilder Room

while the industry continues to discuss the millennial traveler, this group of Gen Y and Gen X investors and advisors shares insights on utilizing generational consumer trends to increase profit and to take advantage of new investment opportunities. nYU school of Professional studies tisch center alumni, who are leaders in their fields, discuss emerging markets, brands, sustainability, and digital marketing practices that make sense today and tomorrow.

moDerator:

Parris E. Jordan managing Director, hVs nassau; Vice President, hVs new York, hVs

PaneLists:

� Warren Chiu, Vice President, Development, warwick international hotels

� Jonathan C. Kim, Principal, miya capital � Steen Petri, Vice President, investments,

hei hotels & resorts � Eric E. Ricaurte, Principal, Greenview � Tara Slackman, senior Vice President,

client services, heBs Digital




tUesDaY, JUne 2

workshoP XViii – financethe LenDing environMent: What is going on in the DeBt MarKets?Fifth Floor, Westside Salon 1

this panel focuses on a discussion regarding the current state of, and the outlook for, the debt market. it is designed to help current and prospective owners assess their options in a constantly evolving marketplace.

moDerator:

John Putrino managing Director - U.s. real estate, Lodging and Leisure, Bmo capital markets

PaneLists:

� Gary E. Axelrod, Partner, Latham & watkins LLP

� Mark J. Gerstein, chief capital markets officer, the americas, intercontinental hotels Group (ihG)

� Mark Lanspa, executive Vice President, wells fargo Bank, n.a.

� Diane Morefield, executive Vice President and chief financial officer, strategic hotels & resorts, inc.

� Rene J. Theriault, managing Director, Goldman, sachs & co.

workshoP XiX – operationsrevenue ManageMent anD profit optiMization: MaXiMizing the totaL assetFifth Floor, Broadhurst Room

Given the nature of transient and group demand competing for sleeping rooms and other assets (meeting space, f&B, retail, etc.) of a hotel, how can you ensure that you have the optimal mix of profitable guests each and every day? find out from the leaders in hotel and revenue management, and online travel.

moDerator:

Ron Pohl senior Vice President, Brand management and member services, Best western international, inc.

PaneLists:

� Brad Beakley, senior Vice President, commercial operations, carlson rezidor hotel Group

� Paul Breslin, managing Director, horwath htL

� Erik Browning, Vice President, Business consulting, the rainmaker Group

� Edward Maynard, senior Vice President of operations, Denihan hospitality Group

� Amy Severson, senior Director of industry relations, expedia, inc.

workshoP XX – Government affairs roundtableupDate on governMent affairs: the inDustry’s LeaDers Discuss the poLiticaL nuances that are iMpacting toDay’s hospitaLity operator anD What to LooK for in the Months aheaDFourth Floor, O’Neill Room

congress will consider whether to reauthorize or extend the travel Promotion act of 2009, which established a national advertising and marketing effort to encourage international visitors to spend time in the United states. the law is scheduled to expire at the end of fY2015. Join leaders in investment advisement and at the nation’s most prominent hotel and restaurant associations, as they discuss this topic and the government relations landscape as a whole.

moDerator:

Len Wolman chairman and chief executive officer, waterford Group, LLc

PaneLists:

� Jim Abrahamson, chief executive officer, interstate hotels & resorts, inc.

� Katherine Lugar, President and chief executive officer, american hotel & Lodging association

� Chip Rogers, President, asian american hotel owners association

� Paul Snyder, Vice President of corporate responsibility – environmental sustainability and Public affairs, intercontinental hotels Group (ihG)

Alumni gathering at a recent Alumni Reception. Left to right: Sonya Pustylnik, Brian Kotula, and John T. Farrell.




tUesDaY, JUne 2

workshoP XXi – operationsthe sociaL center of hoteLs: hoW has this evoLveD? Bars, restaurants, anD nightLife as DifferentiatorsFifth Floor, Juilliard Room

a hotel’s social spaces are more important than ever before. from social/business zones, to internet clubs, and business bars, the role of public space in the lodging industry is evolving. how can you integrate these types of areas into your facility to differentiate it in a highly competitive marketplace?

moDerator:

Lawrence Cohen Partner and hospitality Group Leader, marks Paneth LLP

PaneLists:

� James L. Gersten, President and chief executive officer, Br Guest hospitality

� Niki Leondakis, chief executive officer, commune hotels + resorts

� Mark Weiss, senior Vice President of food and Beverage, Loews hotels & resorts

� Adam Williamowsky, Director, eat + Drink, streetsense

workshoP XXii – industryresorts reDefineDSixth Floor, Shubert Room

experts offer perspectives on their particular niche in the hospitality marketplace. from new entries in the resort segment to time share and fractional niches, the resort industry is booming. hear from those in the trenches as to why their particular area is so successful during this recovery cycle.

moDerator:

Howard C. Nusbaum President and chief executive officer, american resort Development association

PaneLists:

� John L. Cohlan, chief executive officer, margaritaville holdings LLc

� Lani Kane-Hanan, executive Vice President, chief Growth and inventory officer, marriott Vacations worldwide

� Paul N. Leone, President and chief operating officer, the Breakers

� David F. Palmer, President and chief executive officer, Diamond resorts international

� Bruce D. Wardinski, chief executive officer, Playa hotels & resorts

1:00 Pm to 3:30 Pm

generaL sessions

1:00 Pm to 1:55 Pm

LuncheonSixth Floor, Broadway Ballroom

conference patron anD sponsor nyu schooL of professionaL stuDies tisch center for hospitaLity anD tourisM 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:


Students and recruiters networking at the NYU School of Professional Studies Tisch Center career fair.




tUesDaY, JUne 2

2:00 Pm to 2:25 Pm

BeyonD the BoarDrooMSixth Floor, Broadway Ballroom

each year, Jonathan tisch interviews a leader in the hospitality industry, delving into the factors that drive his/her success. this year, his subject is one of the most well-known and accomplished individuals in hospitality. Join us for a fascinating discussion featuring J.w. (Bill) marriott, Jr., his thoughts on the industry at large, marriott international, and his plans for the future.

interView GUest:

J.W. Marriott, Jr. executive chairman of the Board, marriott international, inc.

interView host:


2:30 Pm to 3:30 Pm

the irefac c. everett Johnson aWarDSixth Floor, Broadway Ballroom

each year, irefac presents an award to an individual in the hospitality community, who has shown remarkable business acumen in leading his/her organization to new levels of financial success.

reciPient:

Thomas J. Baltimore, Jr. President and chief executive officer, rLJ Lodging trust

co-Presenters:

Mark W. Elliott senior managing Director, hodges ward elliott, inc.

W. Michael Murphy head of Lodging and Leisure capital, first fidelity companies

financiaLLy speaKing: irefac insiDersSixth Floor, Broadway Ballroom

the latest (and greatest) from irefac.

the industry real estate finance advisory council is a prestigious organization operating under the american hotel & Lodging association umbrella. they meet twice a year to discuss the latest deals, industry occurrences, etc. they are the movers and shakers who provide the dollars that enable deals to go forward. this session provides attendees with an inside look into an irefac meeting.

co-moDerators:

Mark W. Elliott senior managing Director, hodges ward elliott, inc.

W. Michael Murphy head of Lodging and Leisure capital, first fidelity companies

PaneLists:

� Adam Aron, chief executive officer, starwood hotels & resorts worldwide, inc.

� Thomas J. Baltimore, Jr., President and chief executive officer, rLJ Lodging trust

� Laurence Geller, chairman, Geller investment co. LLc

� Jackson Hsieh, Vice chairman, investment Banking Division, morgan stanley

� Stephen D. Plavin, chief executive officer, Blackstone mortgage trust

� Neil H. Shah, President and chief operating officer, hersha hospitality trust

� Arne Sorenson, President and chief executive officer, marriott international, inc.

Conference chair Jonathan M. Tisch, left, with 2014 Beyond the Boardroom interview guest, Ivanka Trump, Executive Vice President of Development & Acquisitions, The Trump Organization.




tUesDaY, JUne 2

3:45 Pm to 4:45 Pm


Anne R. Lloyd-Jones moderates a panel on the brokers’ market at the 2014 NYU Hospitality Conference.

workshoP XXiii – industrytrue inDepenDents: What Defines a true inDepenDent hoteL in toDay’s MarKetpLace?Fourth Floor, O’Neill Room

from small hotels to motels, bed and breakfasts to resorts, how are true independents thriving in a sharing economy, and how can today’s independents communicate their value proposition to investors as well as to prospective customers?

moDerator:

Stephanie Ricca editor-at-Large, Hotel News Now

PaneLists:

� Vijay Dandapani, President, apple core hotels

� Karen E. Rubin, senior Vice President, Global Development Policy and feasibility, starwood hotels & resorts worldwide, inc.

� Jay Stein, chief operating officer, hampshire hotels management, LLc

� Michael Tall, President and chief operating officer, charlestowne hotels

� Lindsey Ueberroth, President and chief executive officer, Preferred hotels & resorts

workshoP XXiV – Developmenta neW DeveLopMent seQuence for the BranDs: BLenDing neW strategies With proven onesFifth Floor, Broadhurst Room

when it comes to building brands, combining tried and true initiatives with new tactics often produces the best results. experts discuss development strategies that have been pivotal in their organization’s growth including searching for perfect venues, ideal timing, and optimal financing.

moDerator:

Mark A. Lunt Principal, eY

PaneLists:

� Matthew Fry, senior Vice President, Global Development, starwood hotels & resorts worldwide, inc.

� Craig Mueller, Vice President, Development, intercontinental hotels Group (ihG)

� David Redfern, President of real estate and franchise Development, waterwalk hotel apartments

� Kim Richards, President, the athens Group

� James Simmonds, senior Vice President, Global Development, Belmond

� Matthew Sparks, senior Vice President, Luxury corporate Development, hilton worldwide

workshoP XXV - industryseLect serviceFourth Floor, Wilder Room

select service hotels offer the basics of limited service properties with a mix of the amenities and services provided by full-service hotels. over the past few years, the select service segment has been on fire, as value-conscious travelers have embraced new options and offerings. how have the new players in this segment, as well as the change in traveler preferences, fueled its growth?

moDerator:

Cecelia L. Fanelli Partner, steptoe & Johnson LLP

PaneLists:

� John W. Cantele, Global head of select hotels, hyatt hotel corporation

� James Carroll, President and chief executive officer, crestline hotels & resorts

� 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.

� Mark Shalala, Vice President of franchise Development for cambria hotels & suites, choice hotels international, inc.




tUesDaY, JUne 2

workshoP XXVi – financehoteL ManageMent agreeMents Fifth Floor, Juilliard Room

the ever-changing issues of concern between operators and owners require special attention for both parties to successfully meet their objectives. in this highly interactive session, contractual and practical hot topics relevant to today’s environment are explored.

moDerator:

Todd E. Soloway Partner, Pryor cashman LLP

PaneLists:

� Edward Blum, executive Vice President, Development and acquisitions, interstate hotels & resorts, inc.

� Joe Guay, real estate section Leader, Partner, holland & knight

� Russ Urban, executive Vice President of Business Development and acquisitions, Destination hotels

� Michael I. Verde, head, insurance and risk management Practice, katten muchin rosenman LLP

� Robert Winchester, President and chief operating officer, waterford hotel Group, inc.

workshoP XXVii – operationshoteL LoyaLty prograMs: What Does the future hoLD?Fourth Floor, Odets Room

hotel loyalty programs are not new to the industry, yet they have grown and evolved over the years. from room upgrades to discounts and free wi-fi to spa vouchers and complimentary meals, learn about what works and what doesn’t, as well as what is on the horizon when using these perks to drive customer dollars for brands and investors.

moDerator:

Guy Langford Vice chairman, U.s. thL Leader, Deloitte & touche LLP

PaneLists:

� Ellen T. Berge, Partner, Venable LLP � Jamie Russo, Vice President, Loyalty

Programs, choice hotels international, inc. � Bill Van De Laarschot, senior Director,

Loyalty, carlson rezidor hotel Group � Mark Weinstein, Global head of Loyalty &

Partnerships, hilton worldwide � Jeff Zidell, senior Vice President, hyatt

Gold Passport, hyatt hotels corporation

workshoP XXViii – financeriDing the rising tiDeSixth Floor, Majestic Room

Balancing seller expectations, buyer hesitations, market acceleration, and getting the deal done! this panel consists of some of the major hospitality brokers who are behind several of the largest and most important transactions in the hospitality industry today. they know exactly how the market is performing and what can be expected in the future. Join them, as they provide an insider’s view on the most recent deals that they have closed.

moDerator:

Anne R. Lloyd-Jones managing Director, hVs

PaneLists:

� Thomas P. McConnell, executive managing Director, Global hospitality Group, cushman & wakefield

� Daniel C. Peek, senior managing Director, hff

� Evan Weiss, executive managing Director, Principal, Lw hospitality advisors LLc

� Robert E. Wiemer, Jr., managing Director, the Plasencia Group

2012 NYU Conference Alumni Panel from left to right: Angela Wu, Michael Talansky, Juliette Imhof, and Jonathan Kim.

Documents

tisch center for hosPitaLitY anD t · PDF filetisch center for hosPitaLitY anD t oUrism 7th a nn U a L n YU ... Westside Ballroom ... hoteL LoyaLty prograMs: What Does