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SpeakersSEE ALL »
Chief Executive Officer, Regional Hotel Chain LLC
Vice President Development – Turkey, Russia and Eastern Europe, Hilton Worldwide
President, DT-Global Business Consulting GmbH
Managing Director, Horwath HTL Hungary & Russia
National Director, Head of Hotel & Hospitality Group Russia & CIS, JLL
Vice President Business Development Russia, CIS & Baltics, The Rezidor Hotel Group
Managing Partner, Alliance Hotel Management
Senior Director, Acquisitions & Development, Russia, CIS & Baltics, Starwood Hotels & Resorts Worldwide Inc.
Head of Hospitality Department, A.N.D. Corporation
Partner, Hospitality Industry Leader in the CIS, EY
Head of Development Russia, Ukraine, Georgia & CIS, AccorHotels
Co-Founding Partner, VIY Management LLP
Independent Hotel Advisor
Chairman & CEO, Moroccan Agency for Tourism Development (SMIT)
Chief Executive Officer, Osnova Group
Development Director - Russia & CIS, Hilton Worldwide
Director of Business Development, STR
Associate Vice President Operations and Development Russia & CIS, IHG
Chairman, Bench Events, Board Director, STR
Managing Director, Akfen REIT
Hospitality and Leisure Partner, Berwin Leighton Paisner LLP
Partner, Head of European Hotel & Leisure Practice, Dentons
17 Nov 2011
2011 Russia & CIS Hotel Investment Conference provides a forum for new projects
The 7th annual Russia & CIS Hotel Investment Conference (RHIC) recently concluded on 19 October 2011 at The Radisson Royal Hotel, Moscow where over 450 hotel industry leaders met to explore new opportunities in the region. Organisers, Questex and Bench Events, were delighted with the turn out and the numerous deals announced during the conference.
NBB Development signed agreements with West Paces Hotel Group for two new hotels and one SPA centre, all to be opened in Gorky-Gorod in time for the 2014 Olympics. Evgeny Kaplun, General Director for Development, NBB Development explained how the deal is another step towards establishing Sochi as a round-the-year resort: “The Olympics are the best advertising tool to raise awareness of a tourist brand.”
Fairmont Hotels & Resorts also announced the addition of Moscow’s Pekin Hotel to their storied and luxurious hotel collection. The historic property is set to reopen in 2017 and was part of the post-war redevelopment of Moscow. The project will be rebranded Fairmont Pekin Moscow and is being developed by HALS-Development. It will be centrally located, have a selection of dining venues, meeting and function space and Fairmont branded spa and fitness facilities.
“We are fortunate to count some of the most iconic hotels in the world amongst our portfolio and we take our role as custodians of these great properties very seriously” said Chris Cahill, President of Fairmont Hotels and Resorts. “This project not only affords us the opportunity to offer our guests a new, key destination in the largest country in the world, but allows us to partner with HALS Development.”
The final announcement saw Hilton Worldwide confirm four new hotel signings and potential for a further 11 as part of a multi-development agreement. The four new hotel signings add almost 1,000 bedrooms to the pipeline and the multi-site development agreement is expected to bring an additional 1,500 plus bedrooms. The next opening is expected to be the Hilton Garden Inn Krasnoder in Spring 2012, followed by Hampton by Hilton Voronezh in Summer 2012.
Patrick Fitzgibbon, Senior Vice President of Development in Europe and Africa, Hilton Worldwide commented “Russia has been one of our main focus markets for several years and is now leading the European region. By the end of 2012, we expect to have opened at least four more hotels and look forward to welcoming guests to our expanding portfolio.”
Jonathan Worsley, Chairman & Chief Executive Officer of Bench Events, and co-organiser of RHIC announced all three projects in his final remarks and stated “Russia is an extremely exciting country and we are delighted to announce such important deals at the conference. RHIC is all about providing a forum for education, networking and a platform for deals”.
About Questex Hospitality + Travel
Questex Hospitality + Travel drives demand for travel and hospitality organizations as the largest multimedia organization in the world dedicated to these related industries. It includes a dynamic collection of strategic investment and deal-making forums as well as tactical services such as powerful lead generation tools, interactive online business solutions, world-class events and industry-leading publications to help hospitality and travel organizations drive revenue, productivity and value creation. Questex Hospitality + Travel operates throughout the United States and Americas regions, EMEA and Asia/Pacific through a variety of market-leading properties and services including International Hotel Investment Forum (IHIF) Berlin, North America Hotel & Tourism Investment Conference, International Hotel Investment Forum Asia Pacific, Russia & CIS Hotel Investment Conference, Central Asia & Turkey Hotel Investment Conference, HOTEC Design and HOTEC Operations & Technology; lead generation portal HotelManagement.net; industry news delivery services in print, online and mobile worldwide via IHIF: Hotel Investment News along with Hotel Management magazines
About Bench Events
Bench Events has a long track record of delivering, with its partners, the premier hotel investment events in Europe and the Middle East. Bench Events’ Chairman, Jonathan Worsley, is one of the organisers and founders of the highly successful International Hotel Investment Forum now in its fifteenth year. In 2005, he was responsible for launching the Arabian Hotel Investment Conference in Dubai and in 2008 co-launched the Russia & CIS Hotel Investment Conference. In 2011, Bench Events added two events to the portfolio, co-hosting the Central Asia and Turkey Hotel Investment Conference and Hotel Investment Conference Africa, in Morocco.