Tag: opportunity

Briefing: African economy is an environment for growth

Posted on by pmalone

There is enormous potential for the hospitality industry to expand in Africa. The long term trends suggest that there is a positive future to be had. Continued economic growth and improved infrastructure is giving companies a strong environment to work in.

The hotel market in Africa is still relatively new so there are gaps to be filled, new customers to be reached and new services to be offered. There is great scope for experienced companies to find their place in Africa. Discussing the African economy are:

  • Daniel Silke, Political Analyst & Keynote Speaker, Political Futures Consulting on democratisation in Africa
  • Philippe Baretaud, SVP, Development Europe, Middle East & Africa, Accor SA on the African economy in five years
  • David Harper, Head of Property Services, Hotel Partners Africa on Africa’s hotel shortage and economic growth
  • Filippo Sona, Director – Head of Hotels & Hospitality (MENA Region), Colliers International on Africa offering a virgin market as well as economic growth

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interview from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: establishing hotel product for new markets

Posted on by pmalone

Hotel brands are expanding across new and exciting global markets in Africa, Asia and the Middle East. In order to fully exploit these vast opportunities, brands must first analyse the needs and expectations in their chosen location. A successful product will be established in a way that embraces the ideas emerging from these unique markets and will avoid using a “cookie-cutter” approach.

Brands are adapting their business strategies to incorporate a sense of place, while maintaining the standards and services which differentiate them from their competitors. This briefing includes case studies and comments from:

  • Patrick Fitzgibbon, SVP- Development, Europe and Africa at Hilton Worldwide on giving an African flavour to their services
  • Jean-Jacques Dessors, COO – Middle East, Africa, Indian Ocean & Caribbean Island, Accor SA on responding to market needs
  • Susan Harmsworth, founder of ESPA on marrying brand standards with a strong sense of place
  • Darroch Crawford, Managing Director of Premier Inn Hotels LLC on tweaking a product to fit the market


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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: an unchartered continent for most

Posted on by pmalone

Africa is a continent which many view with much trepidation and caution due to its relative unknown way of doing business. That is at least the general assumption from those who have visited…

The continent is one of incredible opportunity for all industries not only for the domestic population but also for big hotel brands moving into markets and investing in the potential. Understanding this potential is very important, what hotel product will work well?

Who should you choose as local partners? What are the pitfalls from those that have been there. Find out in this briefing:

  • Ewan Cameron, CEO of Lonrho Hotels on the opportunity he sees on the continent
  • Trevor Ward, Managing Director of W Hospitality on the hotel product which will work well
  • Nawfal Bendefa, Managing Director of ACTIF INVEST on the investment building blocks needed
  • And Valentine Ozigbo, MD & CEO of Transnational Hotels & Tourism Services Ltd on the market which is about to explode

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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: an appetite for investment in the Middle East

Posted on by pmalone

With the world’s eye currently focused on specific parts of the Middle East, it is important to also focus on the huge opportunity open to hospitality and other industries throughout areas of the Middle East. This broader market is one of huge growth and potential for all sorts of hotel product and the pipeline for new developments is massive.

Understanding where the opportunities lie is important, and whether demand is continuing to outstrip supply in some of the most prolific hospitality markets including Saudi Arabia and Dubai is discussed by our leading experts in this briefing. Including video clips from:

  • Elizabeth Winkle, Managing Director of STR Global on the incredible pipeline in the Middle East
  • Bob Loewen, COO of Wyndham Hotel Group on bringing their brands to the Middle East
  • Christopher Knable, COO of Katara Hospitality on the opportunity the World Cup brings for hospitality
  • And Darroch Crawford, Managing Director of Premier Inn Hotels LLC on the market demands in Dubai
 


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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the IHIF conference as well as specific Hospitality Channel shoots.

Briefing: the potential for European growth

Posted on by pmalone

With the slow recovery from the global economic crisis in Europe and the growth in markets in the Middle East and Asia, it is likely that European countries and cities will struggle for some time.

What Europe does have on its side is maturity and some don’t believe the doom and gloom sentiment. The secure markets of London and Paris will always remain but picking further opportunities will be a bit more of a challenge.

Experts this week discuss the difficult task for the European continent and what needs to be done to get back to pre-2007 stability. Comments this week include from:

  • Rob Seabrook, Head of Hotel Transactions for Savills on the uncertainty seen in Europe
  • Nick van Marken, Partner & Global Head for Travel, Hospitality & Leisure for Deloitte on reasons to be optimistic about Europe
  • Patrick Sanville, Director of Hotels for BNP Paribas Real Estate on the continued growth of London and Paris
  • And Thomas Page, UK Head of Hotels & Leisure for CMS on provincial rates struggling in Europe
 


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Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.

Briefing: appreciating the growth opportunities in Africa

Posted on by pmalone

The Tipping Point for Africa has been imminent for a long time. The continent clearly holds huge opportunities, but the complexity and size of the 50+ countries means it is often very difficult to get product there. Having said that, many Governments are working together to try to encourage and break down the barriers for investment, as explained by Dr Nelson Githinji, the Tourism Secretary for Kenya.

For whatever reason, some African countries currently have no branded hotel product within their borders at all and although there are intricacies which need to be ironed out, you certainly shouldn’t dismiss Africa. Reasons why are explained in this briefing by:

  • Patrick Fitzgibbon, SVP Development – Europe & Africa of Hilton Worldwide describes the plethora of opportunity on the continent.
  • Dr Nelson Githinji, Tourism Secretary of the Ministry for Tourism – Kenya, on the concessions for those who invest.
  • Jalil Mekouar, of Jones Lang LaSalle Hotels on the resurgence of curiosity seen for Africa
  • And Joy Albright of the African Export-Import Bank on where she sees the appetite for investment

If you’ve been sent to this page but you’re not yet on the circulation list to receive these regular briefings and you would like to sign up, you can do so here. It’s free.

Video clips produced by ybc.hpgcms.wpengine.com for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.

Briefing: strategies for tackling European market

Posted on by pmalone

Europe is a continent which has seen dramatic change in the last 5 years. The landscape for deal making has completely changed, consumer demand has shifted and there is still a need for Europe to find its footing after a troublesome few years.

In this briefing we get a few perspectives on companies strategies for this market. Are there better opportunities elsewhere? Is recovery going to be easy? Where do the opportunities lie?

We hear from:

  • Simon Vincent, President – Europe for Hilton International on where he sees the opportunities.
  • Yann Caillère, President & COO of Accor Hotels, on what sectors are seeing growth in Europe.
  • Nick van Marken, Global Hospitality Leader at Deloitte on the continent’s recovery after the recession.
  • And Francois Baudin, of Fairmont Raffles Hotels on where they are focusing their efforts.
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Video clips produced by yBC.tv for the Hospitality Channel, including interviews from industry conferences such as the most recent IHIF conference as well as specific Hospitality Channel shoots.

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