The NHIF Spring 2022 Meeting
The Northwest Hotel Investment Forum is a place where:
- Stakeholders learn about trends affecting hotel investment, ownership and development.
- Equity, debt, management, brands, and developers find each other.
- Stakeholders learn about opportunities in the region and elsewhere.
- Investors, owners and developers who are new to hotels make industry connections.
THE NHIF SPRING 2022 MEETING
Thursday, April 21, 2022, 4:00-7:30 pm
The Embassy Suites by Hilton/Seattle Downtown Pioneer Square
255 South King St. Seattle, WA 98104
AGENDA:
3:45-4:00 pm – Registration and Check-in
4:00-4:55 pm – Opening Networking Reception
Refreshments and light appetizers
Reconnect with regional and national industry colleagues. Learn from each other about deal opportunities and projects in the pipeline. Whether you’re equity, debt, brand, management, development, or ownership, build the relationships that will help you achieve your objectives.
5:00-6:40 pm – Presentation and Panel Discussion
Short Program—Hotel Performance. This presentation will provide current information and data on hotel performance and transactions.
Presenter:
Emmy Hise, Director of Hospitality Analytics, Western US, CoStar (Denver, CO). Emmy analyzes and presents economic trends and themes within the Hospitality sector for the western United States to clients using STR and CoStar’s extensive databases. STR was acquired in October 2019 by CoStar Group, Inc., the leading provider of commercial real estate information, analytics and online marketplaces. STR is the industry’s unparalleled information gatherer and supplier, providing global data benchmarking, analytics, and marketplace insights. www.costar.com; www.strglobal.com.; www.strglobal.com
Mark Lukens, Managing Director, LWHA (Seattle, Washington). Mark has over 25 years of experience in hospitality real estate and holds the MAI designation from the Appraisal Institute. LWHA provides advisory, valuation, feasibility, investment counseling, asset management, and transactional services focused exclusively on hotels, resorts, gaming properties, and conference center assets worldwide. www.lwhospitalityadvisors.com
Centerpiece Program: “Hotel brands in the post-pandemic world: what has been learned and what are the revitalized formulas for success?” In our industry, hotel brands take a major, if not the predominant, role in determining and adjusting the industry’s strategies for meeting the needs and expectations of both hotel guests and hotel investors. What has been learned from the gauntlet of the last two years? As we emerge, what are the revitalized formulas for success? The answers are different in each segment of the industry, and some brands are further blurring the lines between the segments and even expanding our definition of “hotel”. Our exceptional panel from the senior executive and C-suite levels of established and new hotel brands will expand our understanding of the industry’s present and future.
Panelists:
Tiffany Cooper, Senior Vice President, Development for the Americas, Kimpton Hotel & Restaurant Group (Scottsdale, Arizona). Tiffany is responsible for delivering growth to the Kimpton Hotel & Restaurant Group by expanding the development pipeline and footprint for the Americas via quality hotel projects, including conversions, adaptive reuse, and new-build opportunities. Tiffany is a hospitality professional with over 27 years of experience, having begun her career working in sales, marketing and operations for The Kimpton Group in 1995. Tiffany joined Starwood Hotels & Resorts in 1999 and continued working in operations, leading sales teams for various Starwood properties until 2005, when she transitioned to the Real Estate Development Group for Starwood and extensively grew Starwood’s portfolio throughout the Western Region. In 2016, following the Marriott acquisition of Starwood, Tiffany joined Marriott International, where she focused on full service and luxury hotel development until moving back to Kimpton in April 2018. Kimpton Hotels & Resorts is an industry pioneer that introduced the boutique concept to the U.S., distinguishing its hotels though thoughtful and inventive amenities, meetings and events, design, and guest services. With the IHG acquisition in 2015, the Kimpton brand is now a leading, global brand in individually designed and positioned boutique hotels and restaurants.
Chip Ohlsson, Executive Vice President and Chief Development Officer, North America, Wyndham Hotels & Resorts, Inc. (Parsippany, New Jersey). As Wyndham’s North America EVP and CDO, Chip is responsible for the development strategy for Wyndham’s 22 brands across North America, identifying and building strategic partnerships to position Wyndham in new markets and increasing presence in existing markets. Chip is also responsible for strengthening and expanding relationships with owners and key ownership groups, including real-estate investment trusts, developers and financial institutions with hospitality portfolios. A 28-year veteran of the hospitality industry, Chip brings with him hotel financing and portfolio management experience, as well as many established industry relationships, having previously served as vice president of North American development at Starwood Hotels & Resorts, and SVP, VP, and Franchise Sales Director with Cendant/Wyndham. Wyndham Hotels & Resorts is the world’s largest hotel franchising company. It partners with owners to provide powerful marketing and sales programs to drive reservations to hotels, while the company’s competitive online travel agencies and supplier pricing reduces costs for hotel owners.
Paul Sacco, Chief Development Officer, Mint House (New York, New York). As Mint House’s CDO since May 2021, Paul oversees the company’s global growth and development. Paul has over 25 years of experience in the hospitality and real estate industry. Before joining Mint House, Paul led North America Development as SVP for Starwood Hotels & Resorts Worldwide. Previously, he held additional leadership positions for private owner-operators, including President and Chief Development Officer for TPG Hotels and Resorts and other notable hospitality firms. Mint House is a premium residential hospitality operator in the short-term rental category. With over 25 assets in over 20 markets open or signed and growing across the U.S., Mint House partners with real estate owners to operate full-building hospitality projects, as well as operating contiguous floors within high-end, multi-family buildings. Mint House serves the rapidly growing traveler demand for upper-tier apartment style accommodations, from business transient stays to 30-day plus stays.
Mark Williams, Managing Director Franchise Development, Extended Stay America (Pompano Beach, Florida). In his role as ESA’s Managing Director Franchise Development, Mark is responsible for continuing to grow ESA’s footprint throughout North America through franchise conversions and new-build properties. Prior to joining ESA, he served as SVP for Radisson Hotel Group, overseeing franchise development for the Eastern U.S. and Canada. He has also held senior franchise management positions at Red Lion, Vantage Hospitality, G6 Hospitality and Best Western International. Extended Stay America is a leading brand in the mid-priced extended stay segment in the U.S. with 651 hotels. ESA’s subsidiary, ESH Hospitality, Inc., is the largest lodging REIT in North America by unit and room count, with 561 hotels and approximately 62,500 rooms in the U.S. ESA also franchises an additional 90 Extended Stay America® hotels. ESA is owned by funds managed by Blackstone and Starwood Capital, who acquired ESA in June 2021.
Moderator:
Irvin Sandman, Principal – Attorney, Sandman Savrann PLLC (Seattle, WA).
With over 25 years of experience in the hospitality industry, Irvin has served as lead counsel for hotel clients in thousands of hotel matters and transactions regionally, nationally and internationally, including hotel developments, acquisitions and dispositions, financial and entity structuring, management and franchise agreements, operational matters, and dispute resolution. He is the 2008 recipient of the Anthony Marshall Award for lasting contributions to hospitality law, a past president of the Hospitality Industry Bar Association, and editor-in-chief of the Washington State Hospitality Law Manual, Third Edition. Sandman Savrann is a law firm founded exclusively to serve hotel clients. With resources in Boston, Los Angeles, Miami, New Haven, New York, Phoenix and Seattle/Tacoma, the firm delivers industry–informed, cost‑effective counsel for regional, national, and international hotel companies and owners. www.sandmansavrann.com
6:40-7:30 pm – Post-Presentation Networking and Cocktail Reception
Cocktails and appetizers
Pick up your discussions and connections from earlier in the evening. Meet those still on your list. Make plans for follow-up meetings or visits to northwest sites, hotels, or markets.
7:30 pm – Adjournment
REGISTRATION AND NHIF MEMBERSHIP INFORMATION:
Registration is open only to Members of NHIF and to NHIF’s invited guests. Early registration (through Friday, March 25, 2022) is $145; later registration is $160. Hotel developers, owners, investors, management companies, brands, lenders, and deal makers who are interested in an invitation can contact Irvin Sandman at isandman@sandsav.com.
RESERVATIONS AT THE HOST HOTEL:
The Embassy Suites by Hilton Seattle Downtown Pioneer Square will again be providing a limited block at a favorable rate for NHIF attendees through Friday, April 1, 2022, or until the group block is sold out, whichever comes first.
NHIF STEERING MEMBERS:
Irvin W. Sandman, Sandman Savrann PLLC ~ Mark Lukens, LWHA
NHIF PATRON SPONSORS:
NHIF BRAND SPONSORS:
NHIF SILVER SPONSORS:
