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SpeakersSEE ALL »
Head of Hospitality Department, A.N.D. Corporation
Vice President Development – Turkey, Russia and Eastern Europe, Hilton Worldwide
Director of Business Development, STR
Senior Director, Acquisitions & Development, Russia, CIS & Baltics, Starwood Hotels & Resorts Worldwide Inc.
Hospitality and Leisure Partner, Berwin Leighton Paisner LLP
Associate Vice President Operations and Development Russia & CIS, IHG
Partner, Head of European Hotel & Leisure Practice, Dentons
Partner, Hospitality Industry Leader in the CIS, EY
Co-Founding Partner, VIY Management LLP
Managing Partner, Alliance Hotel Management
Chief Executive Officer, Regional Hotel Chain LLC
Managing Director, Akfen REIT
Chairman & CEO, Moroccan Agency for Tourism Development (SMIT)
Vice President Business Development Russia, CIS & Baltics, The Rezidor Hotel Group
Head of Development Russia, Ukraine, Georgia & CIS, AccorHotels
Development Director - Russia & CIS, Hilton Worldwide
National Director, Head of Hotel & Hospitality Group Russia & CIS, JLL
Managing Director, Horwath HTL Hungary & Russia
Chief Executive Officer, Osnova Group
President, DT-Global Business Consulting GmbH
Chairman, Bench Events, Board Director, STR
Independent Hotel Advisor
10 Oct 2010
Russia & CIS Hotel Investment Conference (RHIC) Brings Back Popular Investment Den Forum For Landmark Investment Projects
October 6 — Moscow, Russia:
The Russia & CIS Hotel Investment Conference (RHIC) is pleased to announce that the Investment Den will be returning for a second year on 27 October 2010 at 12:30 p.m. Back by popular demand, the forum will discuss and investigate four potential project opportunities to a small group of judges who are acting as investors. The investment opportunities include four projects within the Russia & CIS region and each of the judges will be given a simulated amount of €100 million to allocate to one or more of their chosen development projects at the conclusion of the session.
The Den will be hosted by Michael Cooper, Vice President Development Russia & CIS, IHG. "The Den will showcase some of the best new hotel development projects planned for Russia and the CIS as well as provide a wonderful opportunity to hear a variety of views concerning different approaches and attitudes to hotel funding in today's economic climate,” Cooper said.
The projects presented will include: Luxury Beach Resort Spa Hotel & Residences in Sochi by Ma’moun Al-Hunaidi, Director, Tanmiya Management & Development Limited; The Development of a Multifunctional City Centre Hotel in Murmansk by Alexander Gendelsman, Chief Executive Officer, AZIMUT Hotels Company; A 2 and 3 star Mixed-Use Hotel Development in Moscow by Mete Doguoglu, Managing Partner, RDN; Lakeside Resorts in Armenia by Armen Vartanian, Principal, Lakeside Resorts in Armenia.
“The Investment Den was a fantastic opportunity for developers to present their projects to the industry in a formal yet interesting question and answer session last year. It led to valuable feedback from investors and positive reinforcement for the presenters. Based on the success in 2009, we are eagerly anticipating the presentation of four new projects this year and are excited to find out which project will win the most investment money,” said Jonathan Worsley, co-organiser of RHIC.
Each developer will be given the opportunity to present their project to the panel of investors and the investors will then ask one question about each project to better understand the opportunity, as well as to provide feedback. At the conclusion of the forum, once the investors have allocated their simulated €100 million, the results are calculated and a winner is announced.
“The Investment Den is a great learning experience for everyone involved and a worthwhile lesson for RHIC attendees,” said Gideon Dean, EVP of Questex Media Group, owners and co-organisers of the RHIC. “Money is coming back into the market slowly and every dollar needs to show a solid return on investment. We feel that it will make this year’s Investment Den that much more interesting and look forward to seeing how the participants showcase their projects and justify the value of their project to win those hard-earned investment dollars.”
The judging panel is comprised of: James Corrigan, Executive Director, Head of Real Estate, VTB Capital; David Geovanis, Managing Director, London & Regional Properties LLC; Saydam Salaheddin, Managing Director, Head of CEE Real Estate and Hotels, Investment Banking, Credit Suisse.
The winner of the 2009 Investment Den was the development of Nevskij One as a luxury hotel presented by Yuri Ilyin, Chief Executive Officer at A-Plus Estate Company. He collected 59 million euros to be invested in his project.
The Russia & CIS Hotel Investment Conference will be held October 25-27, 2010 at the Renaissance Moscow, Monarch Centre Hotel and is jointly organised by Questex Media Group LLC and Bench Events.
NOTE TO EDITORS:
For press inquiries, please contact Christina Belenky at +1 (212) 895-8277.
Click here to view the detailed programme or to download a copy of the full conference programme as a PDF.
Founder Sponsor - Jones Lang LaSalle Hotels
Platinum Sponsors - Corinthia Hotels; Horwath HTL; Renaissance Moscow Monarch Centre Hotel; The Rezidor Hotel Group
Gold Sponsors - Accor; Azimut Hotels; Cushman & Wakefield; DLA Piper; Golden Tulip Hospitality Group; Hilton Worldwide; Hyatt Hotels & Resorts; IFK Hotel Management; IHG; Interstate Management Services; Jumeirah Group; Kambio; Orient-Express Hotels; Salans; Starwood Hotels & Resorts, Inc; Tanmiya Management & Development Limited; Venture Investments & Yield Management; Viceroy Hotel Group; Warimpex AG and WATG
About HotelWorld Network
The HotelWorld Network encompasses a series of publications and live events that provide news and networking to the largest group of hospitality professionals in the industry. HotelWorld Network delivers hotel industry news through its print publications Hotel & Motel Management and Hotel Design magazines in addition to its innovative breaking-news portal www.hotelworldnetwork.com. The HotelWorld Network also offers cutting-edge educational content and valuable networking opportunities via its International Hotel Investment Forum (IHIF) Berlin, IHIF Asia Pacific, Russia & CIS Hotel Investment Conference, Distressed Hotels Summit, Central Asia & Turkey Hotel Investment Conference, HotelWorld Asia, and transform: design differently.
Bench Events - A Portal for the Hotel Industry
Bench Events has a long track record in hosting 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 fourteenth year (www.berlinconference.com). In 2005, he was responsible for launching the Arabian Hotel Investment Conference in Dubai (www.arabianconference.com); in 2008 launched the Russia & CIS Hotel Investment Conference (www.russia-cisconference.com) and in 2011 will premier the Central Asia and Turkey Hotel Investment Conference (www.cathic.com). Bench Events’ sister company, JW Bench, is a benchmarking company that has successfully launched the Conference Bench and the Productivity Bench. An industry first, the Conference Bench, measures performance data for conference and banqueting space in hotels 10 cities throughout Europe and the Middle East. www.benchevents.com