2022 Boutique Hotel Investment Conference
Agenda
SEGMENT 01
Communion
8:00 - 8:35 am EST
Trade Show Hall
Explore the Industry’s Top Companies
We invite you to discover a curated selection of exceptional companies in the global hospitality industry. You will have the ability to chat with the company representatives directly.
SEGMENT 02
Opening Remarks
8:30 - 8:45 am EST
Welcome
Welcome: Boutique vs. Lifestyle
with Frances Kiradjian, Founder & CEO of BLLA and Co-Founder of StayBoutique and Ariela Kiradjian, Partner & COO of BLLA and Co-Founder of StayBoutique
8:45 - 9:05 am EST
Debate
Recovery Outlook
with Amanda Hite, President of STR
Interviewed by Jennifer Barnwell, President of Curator Hotel & Resort Collection
As an industry, we have been through a lot together these last few years. As we begin to see a brighter light at the end of the tunnel, what does recovery look like? The landscape has shifted permanently in many ways, how will we continue to adapt?
9:05 - 9:25 am EST
Keynote
Investing Authentically
with James Bermingham, CEO of Virgin Hotels
Interviewed by Ariela Kiradjian, Partner & COO of BLLA and Co-Founder of StayBoutique
What does authentic mean in the hospitality industry? It’s a term so easily used, but rarely is it executed in its true meaning. We have invited a great leader to talk with our community about leadership, authenticity scaling, and conscious commerce.
SEGMENT 03
The Foundations
9:25 - 9:50 am EST
Think Tank
Creative Deal Structures + Operational Insights
with Clark Hanrattie, Partner at HEI Hotels & Resorts and Atit Jariwala, CEO of Bridgeton
Interviewed by Andrea Foster, Senior Vice President of Development at Marcus Hotels & Resorts
Sponsored by Stayntouch
Get an inside scoop on the top ways to get creative with deal structures with leaders who have seen a great many of deals come across their plate. What are some examples of ways owners have looked outside the box to get financing? Should you own the land out-right or lease it? How can technology enhance operations without losing the essence of human connection? Our panelists will get raw and real for the community to get an overall sense of what they see happening in the market right now.
9:50 - 10:20 am EST
Think Tank
Development
with Rafael Museri, CEO & Co-Founder of Selina, Ernest Lee, Chief Growth Officer at citizenM, and Robin Kennedy, EVP, Chief Development Officer at Montage International
Interviewed by Eric Jafari, Chief Development Officer at edyn
Sponsored by Curator Hotel & Resort Collection
As more and more people realize the impact of boutique hotels, it is no surprise that developers today have more competition. Our development experts will review the current competitive landscape and share their thoughts on growth strategies. Where are the key areas of new development? Is the attention on major markets or on thriving secondary and tertiary markets? Join a panel of boutique development experts as they converse on building purpose-driven hotels that reflect the guiding objectives of championing innovation, delivering the unexpected, and sparking joy.
10:20 - 10:45 am EST
Think Tank
Branded Boutique
with Allison Reid, Chief Development Officer at Kimpton Hotels & Restaurants, Sarah Robbins, COO of 21c Museum Hotels, and Janis Cannon, Senior Vice President, Upscale Brands Portfolio, Cambria Hotels and The Ascend Collection
Interviewed by Frances Kiradjian, Founder & CEO of BLLA and Co-Founder of StayBoutique
Sponsored by Marsh McLennan
At BLLA, we welcome boutique hotels of all shapes and sizes, including those a part of the independent collections of big brands. We will give our community a 360 degree of what is happening in these branded boutique hotels to equip our independent owners with a bird’s eye view of investment trends and opportunities.
10:45 - 11:20 am EST
Debate
Equity
with Jeff Stulmaker, Partner & Chief Investment Officer at KHP Capital Partners, Davonne Reaves, President of The Vonne Group, and Matthew Livian, Managing Director at Prospect Ridge
Interviewed by Rani Gharbie, Senior Vice President - Acquisitions at Life House
Sponsored by The Olympia Companies
Providing financing for a boutique hotel has been daunting in the past, however, the tables are turning. Equity solutions are becoming more available without the use of a brand. As boutique and lifestyle properties gain attention in the marketplace, has it become easier to secure funding? Who are the active players in the boutique and lifestyle sectors? This panel will provide insight into the existing climate for making the deal.
11:20 - 11:55 am EST
Debate
Debt
with Nitin Jagga, Vice President at Goldman Sachs, Adam Maisel, Principal at Ramsfield Hospitality Finance, and Jason Ourman, Partner at Apollo Global Management
Interviewed by Kevin Davis, Americas CEO at JLL Hotels & Hospitality
While taking on additional debt may not be especially appealing, it might be better suited for your particular situation at this time. Depending on your past performance, if you are able to prove your ability and the detailed plan going forward, you will be better able to control your outcome using debt financing. You may also need to bring in partners that know you and your situation. Debt financing may offer added convenience if you are using it for hotel construction. Your options increase with the use of this form of financing although it may be much harder in these days of COVID. In what scenarios is debt financing advantageous? How does this form of financing apply to the age of COVID-19? This panel will delve into the convenience of taking on additional debt, having the capacity to control your outcome, and being able to pave the way for a promising future within the independent boutique & luxury hospitality sector.
11:55 am - 12:30 pm EST
Think Tank
To Operate or Not to Operate. That is the Question.
with Jorgan von Stiening, President of Palisociety and Dan Flannery, SVP & Global Managing Director at EDITION Hotels
Interviewed by Hilda Delgado, Chief Financial Officer of Viceroy Hotels & Resorts
Sponsored by Selfbook
Running a hotel successfully can be an amazing experience if done properly. It can clearly enhance your bottom line, increasing the value of your property along the way. Hospitality operational management is complex, with many twists and turns. You need the right infrastructure to make it all work. This panel of experts will outline some of the top benefits as well as the playbook to make it all work well beyond your expectations.
12:30 - 12:50 pm EST
Case Study
The Investment Landscape: Let's Get Real
with Ben Leahy, Partner at Cedar Capital Partners
Interviewed by Eric Jafari, Chief Development Officer at edyn
Truth be told, the conversation around investment is different in the U.S. than it is in Europe. How does the U.S. market differ from the European market in the scope of financing? Are costs going up in tandem or is revenue exceeding costs? Will there be a golden light for distressed assets? Join these experts as they offer their insights into the reality of the global investment landscape.
SEGMENT 04
Break
12:50 - 1:50 pm EST
Networking
Introduce Yourself & Grab Lunch
Come say hello to fellow attendees and grab some nourishment to re-fuel your day.
12:50 - 1:50 pm EST
Trade Show Hall
Explore the Industry’s Top Companies
We invite you to discover a curated selection of exceptional companies in the global hospitality industry. You will have the ability to chat with the company representatives directly.
SEGMENT 05
The Framework
1:50 - 2:05 pm EST
Case Study
Labor Relations
with Jay Krupin, Chair, Hospitality Labor Relations Group at Baker Hostetler, LLP
Interviewed by Phil Hospod, Founder & CEO of Dovetail + Co
Navigating today’s law for the labor we employ in our hotels, can be confusing and difficult. Cities, states, and even countries have different regulations in place and these laws need clear interpretation, particularly all the new COVID-19 rules. This discussion will begin to prepare listeners for what to watch out for to ensure you and your team are following best practices and the law itself. Are independent hoteliers better able to address these issues since they can make instant changes? Where is the best place to get daily updates?
2:05 - 2:40 pm EST
Think Tank
Investment Strategies + Structuring a Deal
with Jason Altberger, Chief Financial Officer at Sage Hospitality Group & President of Sage Investments, and Mark Keiser, Chief Development Officer at EOS Hospitality
Interviewed by Phil Hospod, Founder & CEO of Dovetail + Co
Sponsored by Jurny
There is a lot of movement in the hotel transaction landscape and it is anticipated that there will be continued merger and acquisition activity in 2022 that is expected to remain on an upward trend, but the concern is that results such as ADR and occupancy won’t be as strong as they were in 2019. How are investors navigating the landscape? What role do lodging stocks play in hotel transactions? What are the emerging markets for new investments? How do you target asset selection? How do you structure a deal specifically for independent boutique hotels? How do you tell the story? Prominent industry experts will discuss the current investment climate and how offshore investment money factors in.
2:40 - 3:10 pm EST
Think Tank
Valuations + Capital Markets
with Rod Clough, President of HVS Americas and Daniel C. Peek, Chief Operating Officer at Hodges Ward Elliott
Interviewed by Tracy Prigmore, Founder of She Has a Deal.
Amid an ever-changing world, valuation and a good sense of capital markets lie at the heart of justifying a concept to buyers and investors, as well as cultivating dependable relationships with lenders and stakeholders. What advantages do boutique hotels have when it comes to the type and level of valuation? What are the fundamentals of valuation that haven’t changed even following a pandemic? We welcome innovative leaders as they illuminate the factors of valuation and share how irreplaceable boutique properties will continue to flourish now and for many years to come.
3:10 - 3:40 pm EST
Think Tank
Food & Beverage
with Jody Pennette, Founder & CEO of cb5 Hospitality Group, and Jay Stein, CEO of Dream Hotel Group
Interviewed by Peter Wright, Division Manager at Nestle Premium Waters
Sponsored by Nestle Premium Waters
Whether we recognize it or not, food & beverage plays a pivotal role in spotlighting the creativity and vibrancy of a boutique hotel. It’s a driving tool for revenue, a reflection of lifestyle, and a way to enhance human connection. But how does food & beverage raise the value of an asset? Why is it so important to keep local vendors? What truly is the purpose of food & beverage in a boutique hotel? Hear from these leading visionaries as they relate food and beverage to topics of technology, marketing, and wellness, and ultimately bring forth an awakened awareness as to what great food and beverage programs mean to hospitality.
3:40 - 4:00 pm EST
Think Tank
Investor Relations
with Arash Azarbarzin, CEO of Highgate
Interviewed by David Goldstone, Senior Vice President & Chief Customer Advocate at World Cinema
Join us as we welcome Arash Azarbarzin and David Goldstone back to the BLLA stage! This think tank will address valuable questions such as where is Highgate investing and why? How would you describe Highgate’s investment in people? And, what role does technology play as part of the guest experience? This is a session you don’t want to miss.
4:00 - 4:25 pm EST
Debate
Hospitality Innovation Roundtable
with Luca Zambello, CEO & Co-Founder of Jurny, Michael Heflin, Chief Revenue Officer at Stayntouch
Interviewed by Sara Masterson, President of Olympia Hotel Management
In the ever-evolving sector of boutique hospitality, it is no secret that investment and innovation go hand-in-hand. In light of implementing technology, what should be at top of mind for hotels? How do we ensure that we are allowing consumers to engage with technology in a way that works for them? In what ways can operators leverage technology to work for different demographic types and still be effective? Get an inside look at the importance of innovation and its impact on the boutique lifestyle as we know it.
SEGMENT 06
Closing Remarks & After Party
4:25 - 4:30 pm EST
Closing Remarks
Reminders
with Frances Kiradjian, Founder & CEO of BLLA and Co-Founder of StayBoutique and Ariela Kiradjian, Partner & COO of BLLA and Co-Founder of StayBoutique
4:30 - 5:00 pm EST
Panel
End of Day Reflections
with Atit Jariwala, CEO of Bridgeton, Eric Jafari, Chief Development Officer at edyn, Hilda Delgado, Chief Financial Officer of Viceroy Hotels & Resorts, and Jayson Seidman, Founder & Managing Partner of Sandstone
Interviewed by Frances Kiradjian, Founder & CEO of BLLA and Co-Founder of StayBoutique and Ariela Kiradjian, Partner & COO of BLLA and Co-Founder of StayBoutique
Sponsored by Lutron Electronics
5:15 - 6:15 pm EST
Networking
After Party
You have an exclusive invitation to this private gathering. Cocktails, mocktails and more! Please note: you must have a badge to enter this exclusive party.