Page 1 of 21

Speakers as of17 July 2017

Javier Arús Castillo Azora Mr. Arús is partner in Azora and responsible of the Hotel platform. Prior to joining the Azora Group in 2010, he worked for 15 years at Banco Santander, where he held different positions in Investment Banking, Asset Management and Private Banking within the Group. In 2004, Mr. Arús was appointed chief executive officer of Banco Santander Suisse and in 2007 chief executive officer of the Santander Private Banking International Division. Mr. Arús obtained a Business and a Law Degree from Universidad Pontificia de Comillas (ICADE) and an MBA from the Wharton School of Business at the University of Pennsylvania.

Karl J. Badstuber Axa Real Estate Karl J. Badstuber joined AXA Real Estate in June 2013 as the pan-European Senior Hotel Specialist focusing on Transactions and Asset Management. Before taking up his current role, Karl worked at Morgan Stanley Real Estate for 5 years as Vice President – Hotels Europe. His previous post was as Managing Director of Hotel Operations at Grand City Hotels & Resorts, which at the time managed and operated over 40 hotels. Prior to that he worked for a number of international hotel companies including InterContinental and Starwood in various senior hotel management positions in Germany, Luxembourg, England and Australia. Karl successfully completed a 2-year management trainee programme with Sheraton Hotel Incorporation and gained his initial hotel operational experience in selected privately owned 5-star hotels in Switzerland (Davos, Lausanne, Ascona), after graduating from the Hotel & Catering College in Merano (Italy). www.axa-realestate.com

Guus Bakker Frasers Hospitality UK Ltd Guus Bakker oversees the group's operations and development across Europe, Middle East and Africa including all the Fraser brands as well as Malmaison and Hotel du Vin. Guus launched Frasers UK operations in 2002 with the opening of three properties, growing it to its current size of 65 properties. Guus has 30 years’ experience in the hospitality industry, having previously worked for Citadines where he left as Regional Director of Operations after 14 years with the company.

Patricia Barrigan Benson, Elliot Capital Management With over 20 years of industry experience, Trish brings a wealth of knowledge in European and US real estate investing. Trish co-founded Benson Elliot Capital Management with Marc Mogull over 11 years ago, which has since raised over €1.5 billion of equity for investment across Europe. Prior to Benson Elliot, Trish spent two years within the Dubai Holding Group as Chief Strategy Officer and Head of Global Real Estate Investments for Dubai Investment Group. She was responsible for defining and implementing the Group’s global real estate strategy. Under Trish's tenure, the Group’s portfolio of direct investments increased from $500m to $3.0bn. Previously, she spent ten years at Goldman Sachs, primarily in real estate principal investing and portfolio management for the Whitehall Funds in New York, Paris and London. Trish earned a Bachelor of Arts degree, summa cum laude and Phi Beta Kappa, from Boston College. She is a member of the Urban Land Institute (ULI) and a Mentor for the ULI’s Young Leaders Program. She is also a Founder of Women in Real Estate (London) and a member of the Global Real Estate Institute. She is a fluent French speaker and holds US and Irish citizenship.

 

Page 2 of 21

Speakers as of17 July 2017

Lionel Benjamin Topland Group During 29 years’ experience within the hospitality industry, Lionel has held senior management roles with major international hotel operating companies. His experience includes positions in both the operational and property side of the hotel industry, with a track record in deal origination and acquisition, increasing operational hotel EBITDA and subsequent value generation. Lionel heads Topland’s hotel activity, spearheading the firm’s plans to build a £1.5 billion hotel business and supporting Topland’s structured finance team on lending to the sector. Since joining Topland in 2013, he has driven expansion of Topland’s owned and operated portfolio having acquired twenty eight hotels, taking the overall portfolio to thirty eight hotels across the UK, including hotels leased to Hilton and Thistle. Topland’s recent phase of activity, has been the expansion of The Hallmark brand of hotels to encompass the 28 owned and operated assets, and most recently a JV to build a 221 bedroom Holiday Inn Express adjacent to Event City by Manchester’s Trafford Centre. Prior to joining Topland, Lionel was Head of the Hotel & Leisure Division at The Ability Group. Lionel worked with Hilton Worldwide, The Savoy Group, and Hyatt. Lionel was awarded as an Honorary Professor in Hospitality Management from the University of West London and has undertaken further Hospitality Industry studies at Cornell University.

Cody Bradshaw Starwood Capital Europe Cody Bradshaw is a Managing Director at Starwood Capital Group and Head of European Hotels. In this role, he oversees the firm’s hospitality acquisition and asset management activities across Europe. His portfolio responsibilities extend to numerous major lodging investments totaling over $3 billion in asset value. This includes Starwood’s recent launch of The Principal Hotel Company, a leading UK hotel platform comprised of nearly 40 hotels and 6,000 rooms, following the firm’s acquisition and subsequent merger of three UK hotel companies in 2014. His previous responsibilities included SCG’s ownership of Louvre Hotels, one of the largest hotel chains in Europe, comprised of over 1,000 hotels across more than 40 countries. Prior to joining Starwood Capital, Cody was one of the first employees at Pebblebrook Hotel Trust (NYSE: PEB) where he served as Vice President of Acquisitions during the twelve-month period in which the newly-formed “blind pool” REIT deployed over $1 billion of capital through the acquisition of over 20 major lodging assets. Prior to Pebblebrook, he was the first employee of the Chartres Lodging Group where he played an integral role in growing the firm over a seven year period into what at the time was comprised of five offices across the U.S. and Japan and a 20,000-room, $6 billion portfolio of lodging assets. He began his career at Hyatt Development Corporation after graduating from Cornell University. Cody co-created the Certified Hotel Asset Manager ("CHAM") professional designation program which launched in 2012. He co-founded and currently serves as President of the European Chapter of the Hospitality Asset Managers Association ("HAMA") and is an active participant on the International Hotel Investment Council (“IHIC”).

Coley Brenan KSL Capital Partners LLP Coley Brenan, Partner, KSL Capital Partners. Mr. Brenan runs the European office for KSL Capital Partners, based in London. KSL is a leading private equity firm with $7.0 billion of equity capital commitments raised since 2005 and a 20-year track record of making investments exclusively in travel and leisure businesses. Through its investment vehicles, KSL has owned and operated some of the largest and most renowned hotel and resort properties in the United States and Europe, comprising 15,500 hotel rooms, 500 restaurants, 350 retail stores 250 golf courses and 630,000 members. In Europe, KSL currently owns The Belfry, a 312-room golf resort in Wishaw, England; Village Urban Resorts, a collection of 28 hotels located throughout the UK; and ESPA, the leading producer of luxury spa and wellness products and services which operates in 51 countries. Prior to KSL Capital Partners, Mr. Brenan was with Deutsche Bank Securities in their Real Estate, Gaming, Lodging & Leisure corporate finance team. He holds a B.S. from Cornell University's School of Hotel Administration.

 

Page 3 of 21

Speakers as of17 July 2017

James E. Burba BHN Jim Burba is the Co-Founder of Burba Hotel Network LLC (BHN), the worldwide leader in developing and producing conferences for the hotel and tourism investment community. BHN hosts ten events each year around the world including: ALIS, ALIS Law, ALIS Summer Update, AOCAP, HICAP, HICAP UPDATE, HIFI, CHRIS, HOLA, and Hot.E. In addition to these annual events, BHN and Google teamed up in 2008 to host Digital Discovery Day (D3), in 2011, Burba was retained by the ITC, a joint agency of the UN and WTO to help organize WEDF which focused on tourism development in the least developed countries of the world, and in 2015 BHN was retained by the World Bank Group to help organize its first global tourism investment event. Actively involved in the hotel investment arena for over 35 years, Burba was formerly: a principal at Pannell Kerr Forster, Senior Managing Director with Insignia/Hotel Partners, VP/Worldwide Director of Advisory Services at WATG, and President at Horwath HTL (US). A member of the International Society of Hospitality Consultants (ISHC) and the Industry Real Estate Finance Advisory Council (IREFAC), Burba has received numerous honors including the Educational Institute Lamp of Knowledge Award, IREFAC’s first Crystal Ball Award, and the ISHC Pioneer Award. In 2007, California Governor, Arnold Schwarzenegger, re-appointed Burba to the California Travel & Tourism Commission and he recently served on its Executive Committee. In 2013, Burba and BHN co-founder Bob Hayes formed Burba Hayes, and entertainment industry production company. The two also co-authored the book Smart Partners, where they discuss their principles for building, sustaining, and growing successful partnerships in business and life. The book is available on amazon.com.

Shane Casserly Dalata Hotel Group Plc Shane joined the Group from Ion Equity in February 2014. He joined Ion in 2007 from Jurys Doyle Hotel Group where he was primarily responsible for the acquisition and development of new sites for Jurys Inn in the UK, taking over as Head of Development in 2006. Prior to this he had held a number of senior positions within Microsoft Europe. Within Ion Equity he worked closely with Topaz Energy, Ireland’s largest fuel retailer, on network development. Since joining the Group, Shane has managed the overall acquisition and development strategy, resulting in the company securing over €1.0 billion of hotel assets; highlights include the Clayton Burlington Road operating lease, the acquisition of the Clarion Ireland operating business, the acquisition of nine Moran Bewley hotels and the development of five new hotels in Ireland and the UK. Shane is a fellow of the Institute of Chartered Accountants in Ireland and a Commerce graduate from University College Cork.

Puneet Chhatwal Steigenberger Hotels AG Puneet Chhatwal is the Chief Executive Officer of Steigenberger Hotels AG, one of Europe’s leading hotel companies. Steigenberger Hotels AG encompasses more than 125 hotels in 17 different countries in Europe, Asia and Africa. The umbrella brand “Deutsche Hospitality” includes the brands “Steigenberger Hotels and Resorts”, “Jaz in the City”, “IntercityHotel” and three cruise ships which operate in Egypt. Puneet joined Deutsche Hospitality from The Rezidor Hotel Group in November 2012, where he served at last as the Chief Development Officer and as a member of the Executive Committee. Puneet started his career as a Management Trainee with the India Tourism Development Corporation, continued to study at ESSEC, France, where he earned a Master’s Degree in International Hospitality Management to complement his previous bachelor’s degree from the University of Delhi and his diploma in Food Service and Hotel Management from IHM, Pusa. In 2012, Puneet Chhatwal also completed the AMP (Advanced Management Program) as well as the AMP Capstone at INSEAD (Paris & Singapore respectively).

 

Page 4 of 21

Speakers as of17 July 2017

Jean-Philippe Chomette Algonquin SA Jean-Philippe Chomette, 52, is the Founder & Chief Investment Officer of Algonquin SA which he founded in 1998. Algonquin is an investor and operator of hotel properties through subsidiaries, investment funds and joint ventures that it creates with institutional investors, private equity funds, family offices and HNWI across Europe. Algonquin’s portfolio of owned properties currently comprises 40 hotels in six European countries, totalling more than 7,200 rooms in the up-scale segment, including 16 directly-operated hotels (1,700 rooms). Prior to founding Algonquin, Mr. Chomette worked in Investment and Finance at Banque Paribas and Everest Capital Limited in North America. He studied at ESSEC Business School of which he graduated in 1986 and lives in London.

Paola Colarossi Baker McKenzie Paola Colarossi (L.U.I.S.S. - Rome - JD cum laude- 1995) is a corporate, M&A and private equity lawyer with a particular focus on Real Estate & Hotel & Resorts transactional work. In particular, she counsels clients on HRT franchise and management agreements and ancillary contractual documents. Paola is a Partner at Baker & McKenzie in Milan. She is co-author of a book on the law governing the criminal liability of corporations (“La Responsabilità degli Enti – Commento Articolo per Articolo al D.Lgs. 8 giugno 2001 n. 231”).

Charles de Ros Wallace Geskaria Investments A senior corporate finance and real estate professional with strong record of achievement generating growth and investment opportunities. In 2011 he founded and acts as CEO of Geskaria Investments, where he supervises all the business aspects of the company and deals. Charles had previously worked for 15 years in International Banking, having the responsibility of developing and managing 9 branches and their business in Miami, Havana, Santo Domingo, México DF, London, Geneva, Casablanca, Warsaw and Shanghai. He participated actively in originating over 1 billion USD in hospitality, infrastructure and real estate deals and projects worldwide. At this time he was also Board member of a multinational water services company (Spain and Colombia). After this project, he was promoted to launching and developing a New Real Estate Sales and Servicing company for the bank. When leaving the bank, the company employed 170 people and sold over 11.000 homes in 24 months. According to financial newspapers, The start up company was informally valued in 2012 in over 600 million Euros and is called Solvia. Mr. De Ros Wallace has a law degree, Masters in international Commerce and has done postgraduate degrees and courses in IESE Business School and Instituto de Empresa. With reference to the Iberian market, Geskaria Investments advises international hospitality companies with a strategy in entering the Spanish and Italian market. On the finance side, he supervises hospitality M&A deals within the company.

Jean Jacques Dessors AccorHotels Jean-Jacques Dessors, 54, holds degrees from École Hôtelière de Toulouse and Université de Toulouse. He worked in various positions in France and internationally before joining Compagnie Générale d’Hôtellerie et des Services, a Vivendi Group subsidiary, as Director of Operations Westin Demeure Hotels and Libertel, in 1992. Jean-Jacques moved to Accor in 1999 as Director of Business & Leisure Operations, Paris Ile de France. In 2002, he joined the United Kingdom and Ireland teams as Managing Director Economy Hotels and then went on to become Chief Operating Officer United Kingdom & Ireland in 2005. He was appointed Chief Operating Officer Africa, Middle-East, Indian Ocean and Caribbean in 2012. He joined the Group’s Executive Committee in 2013 as CEO HotelServices Mediterranean, Middle-East and Africa. In 2017 he becomes CEO HotelServices Europe (excl. France and Switzerland).

 

Page 5 of 21

Speakers as of17 July 2017

Steffen Robert Doyle Credit Suisse Steffen is a Managing Director and he is Co-Head of EMEA Real Estate based in London, with more than 17 years’ experience in investment banking. Steffen’s industry knowledge and transaction experience in Real Estate cover all sub-sectors, public and private, in the lodging, gaming and leisure sectors, as well as industry specialized financial sponsors and fund managers. Steffen has acted as an adviser on many prominent transactions for a diverse range of clients in Europe and the US involving M&A, debt and equity capital raising. Prior to this job, he was a Managing Director and Co-Head of their European Real Estate, Lodging and Gaming team at Jefferies International from 2002 and 2011. Steffen also worked in the European Real Estate Investment Banking team at Bank of America (BofA) for 12 years, latterly BAML. Since joining Jefferies in 2011, Steffen has been instrumental in the development of the Real Estate, Lodging and Gaming business. He has won several notable transactions including the sale of Mint Hotels to Blackstone, the sale of Kew Green Hotels for Goldman Sachs and TPG Special Situations and the sale of Sotogrande to Cerberus and Orion, among others and worked on a variety of strategic and financing assignments for a wide range of clients including Accor, William Hill, Hilton, Manchester United, Market Tech and NH Hotels.

Miroslav Dragicevic Horwath HTL Miroslav Dragicevic founded Horwath Consulting Zagreb in 1993. During the past 24 years, he has established Horwath HTL Zagreb as the leading private consulting firm in Southeast Europe specialized in tourism, hotel, and leisure industries and expanded the operations of that office to the Central Eastern European regions. M. Dragicevic was carrying out numerous tourism and hotel development projects in more than 30 countries with emphasis in an emerging South-East Europe and CIS countries. Strategic plans of building the management capacity for tourism and tourist region in many countries constitute special references of Horwath HTL. Mr. Dragičević, PhD regularly participates in numerous international events of the hotel and tourism industry where he gained a reputation as one of the relevant global consultants in this field. He is also member of ISHC (International Society of Hospitality Consultants), where during the period from 2011 to 2013 he held the position of a member of the Executive Board of this leading international association.

Thomas Dubaere AccorHotels UK Thomas Dubaere is the COO HotelServices for AccorHotels UK & Ireland. He has lead AccorHotels UK since 2012 and since its organisation into two complementary businesses in 2014, took responsibility of the Hotel Services arm of AccorHotels UK and Ireland, the hotel operator and brand franchisor. He also sits on the British Hospitality Association (BHA) Board of Directors. Thomas Dubaere has worked for AccorHotels for over 23 years and before his current role held the position of SVP Budget Brands AccorHotels UK & Ireland. During this time he played a key role in the expansion of AccorHotels budget brands network and helped develop the ibis ‘megabrand’ which revolutionised its budget segment into three strong brands; ibis budget, ibis and ibis Styles. Dubaere began his career with AccorHotels in Belgium in 1990 at the Novotel Bruges Centre and held several General Manager Positions, before being appointed Delegate Director Economy Brands (ibis, Etap & F1) Belgium in 2004, and then Director of Operations Economy Brands Belgium and Luxembourg in 2005. Thomas Dubaere is a graduate of the Brussels Hotel School and has a Masters Degree in Management from the University of Leuven. Dubaere lives in London, UK.

 

Page 6 of 21

Speakers as of17 July 2017

Peter Ebertz Art-Invest Real Estate Peter is Managing Director and Head of Hotels at Art-Invest Real Estate, based in Cologne, Germany. Since 2012, he is responsible for all hotel activities of the Art-Invest group, where he built up a hotel portfolio of 25 hotels with a total investment volume of more than 700 Mio. EUR. Peter leads a dedicated hotel team of 10 hotel investment specialists with expertise in investment, development, asset management and technical services, that focus on enhancing the asset value through repositioning, re-branding and refurbishment activities. References include the Steigenberger Hotel Bad Homburg, Le Meridien Frankfurt, Sofitel Hamburg, the Nikko Hotel in Düsseldorf as well as the recently opened Ruby Hotel in Munich. Peter has over 13 years of experience in the hotel sector. Before joining Art-Invest, he worked in hotel management, strategic business development and investment banking. At Ebertz & Partner Real Estate he was responsible for a hotel portfolio with a volume of approx. € 1.5 billion, spread over approx. 50 hotels. Peter studied economics and holds a phd at the University of Münster.

Habib Enayetullah Hilton Worldwide Habib Enayetullah brings over 20 years of real estate and infrastructure investment experience. He is currently Senior Vice-President for Real Estate and Asset Management for Hilton Worldwide where he leads the organisation’s asset management and real estate team. This includes a significant portfolio of leased, owned and JV hotels in EMEA, Asia and the Americas. The group’s responsibilities include restructuring of leases and JVs, asset dispositions and workouts as well as oversight of capital spending. Prior to joining Hilton, Habib held a variety of senior investment roles for Hyatt Hotels Corporation, Sunstone Hotel Investors, and the Bechtel Group in the Americas, Asia and Europe. Habib has an MBA from the University of Chicago, an MPA from Columbia University and a Bachelor in Electrical Engineering from the University of Massachusetts at Amherst. He is a member of the Advisory Board of Columbia’s School of International and Public Affairs. Habib and his wife Tania, who have two children aged 10 (Aymaan) and 16 (Amani), are currently based in McLean, Virginia.

Christian Giraud AccorHotels Christian Giraud is a Graduate of the ESC-Marseille Business School and holds a “Banking & Finance DESS” Degree from the University in Lyon. From 1993 to 1998, he operated in the corporate banking division in Germany and France for Deutsche Bank and Dresdner Bank. In 1998 he started his career in investment banking at the Paribas Bank Group in Frankfurt as Head of the French-German office. As of 2000 Christian could get a deep experience in consulting as the Cofounder of the German subsidiary of the British Group bfinance (shareholders: GE Capital and Carlyle). In 2005 Christian joined the Accor Group in Germany. He started as Director of Treasury, Asset Management and Insurance and was in charge of the restructuration of about 100 hotels. From 2009 to 2015 Christian headed the Hotel Development Department … first in Germany, than Austria and Eastern Europe. Since 2016 he is in charge as SVP Development Europe for the development in about 30 countries, in which AccorHotels opens in average more than 100 hotels per year.

 

Page 7 of 21

Speakers as of17 July 2017

Nevis Glussi Rosewood Hotel Group Nevius Glussi is Senior Corporate Director of Development at Rosewood Hotel Group, focusing on key markets throughout Europe for the development of the ultra-luxury Rosewood Hotels & Resorts brand. Based in London since 2016, Nevius spent four years working for the company in Asia-Pacific before relocating to the British Capital. Prior to joining Rosewood Hotel Group, Nevius managed two private equity funds investing in beachfront properties in Asia-Pacific. During the six years investing in Asia’s emerging markets, Mr. Glussi completed acquisition and due diligence on more than US$ 1 billion of assets in 19 countries from Sri Lanka to Fiji and from China to Australia with a focus on coastal SE Asian markets. Previously, he worked as a consulting, feasibility and valuation expert at HVS, in New York and later in Singapore. An Italian citizen, Mr. Glussi is a graduate of the Ecole Hoteliere de Lausanne and speaks five languages including Italian, Spanish, French and Mandarin. Rosewood Hotel Group is a member of New World Group, a Hong Kong-based leading conglomerate and principal investor in many Rosewood Hotel Group properties, please visit www.rosewoodhotelgroup.com.

David Goodger Oxford Economics David Goodger leads Oxford Economics’ tourism analysis and forecasting across EMEA region as director of the Tourism Economics division. He has been instrumental in developing Oxford Economics’ suite of tourism forecast models and continues to manage regular updates of these. Models cover 185 countries and 300 cities with a focus on tourism demand and travel flows as well as hotel performance. David works with clients in a wide range of destinations and clients across the region, and regularly presents Oxford Economics’ latest tourism research and forecasts. Analysis helps to provide an understanding of the economic impact of tourism behaviour as well as the implication of wider economic trends on sector performance.

Bettina Graef-Parker Aareal Bank AG Mrs. Bettina Graef-Parker is a Managing Director at Aareal Bank AG, responsible for the Bank’s Special Property lending. This includes the Hotel Finance Group, as well as the bank’s Turkish lending activities. With her team, she is responsible for the structuring and origination of various forms of loans to the lodging industry. Aareal Bank AG provides property finance solutions in more than 20 countries across Europe, North America and Asia. Aareal Bank AG holds a portfolio of roundly EUR 6.8 billion of hospitality related financings. Including Mrs. Graef-Parker, the Hotel Properties Team consists of eight professionals with in-depth knowledge of the hospitality industry. The team focuses primarily on lending to first-class hotels in prime locations, as well as portfolio transactions. Prior to joining Aareal Bank in 2003, Mrs. Graef-Parker was a Senior Associate with HVS International in New York, where she provided valuation and consulting services to various types of investors in the hospitality industry. Mrs. Graef-Parker holds a BSci degree in Hospitality Management from the Lausanne Business School of Hotel Management in Switzerland, where she graduated in 2000 with high honours.

Sarah J. Green Hilton Sarah joined Hilton in 2016 as a Development Director and focuses on developing Hilton brands across the UK & Ireland. Prior to joining Hilton Sarah spent 12 years in corporate banking specialising in hotel finance and in particular development finance. This experience has given Sarah real insight into the requirements of owners and investors going through this process.

 

Page 8 of 21

Speakers as of17 July 2017

Aaron Greenman Interstate Hotels Aaron Greenman, based in Brussels, Belgium, is Interstate Hotels & Resorts’ executive vice president of acquisitions and development for Europe, responsible for growing the portfolio of managed hotels for all European regions including Russia/CIS. Aaron joined Interstate in fall 2007 as head of development in India, in addition to his responsibilities as COO with the company’s joint venture partner there. In 2010, he was promoted to senior vice president of acquisitions and development for Europe, working closely with his European colleagues to build on the company’s platform in the region. At the time, Interstate had 10 hotels throughout Europe and presence in several countries. During his tenure, Interstate has added approximately 100 management agreements in Europe, and today the company has nearly 80 hotels and over 12,000 rooms under management, in addition to 12 hotels in the pipeline, making Europe one of Interstate’s fastest growing regions. Prior to joining Interstate, Aaron was managing director for AFEX Group in Nairobi, Kenya, responsible for a company with 600 employees with operations throughout East Africa, and earlier was a senior manager in Ernst and Young LLP’s real estate advisory services practice, based in Boston, New York and Miami. He earned a Master of Management in Hospitality (MMH) from the Cornell University School of Hotel Administration and a Bachelor of Arts from Amherst College.

Bruno Haid Roam Co-Living Bruno is founder and CEO of Roam. He grew up in hospitality, in a tiny Austrian village, built a couple of startups and led large-scale projects for corporates like McKinsey, BMW or Swarovski. He’s also a founding tenant of co-living spaces on 3 continents and writes something about housing and hospitality on Medium approximately every decade, but wants to get better at it. His perfect Roam location is directly bordering a Canadian mountain range, a beach in central America, the New York MTA system and a good resolution of his childhood issues.

Isabell Hajdukiewicz Ruby Hotels & Resorts GMBH Isabell Hajdukiewicz, Group Director Development, is responsible for the expansion of Ruby Hotels across Europe and heading the Development Team at Ruby. With her influence Ruby has successfully established a strong pipeline of 10 secured hotels across Germany and Austria within the last four years. Before joining Ruby in 2013 she completed her Masters degree in Hospitality Management at the University of Munich with a focus on hotel development and subsequently worked at the beginning of her career for the European market leader Accor Hotels on the expansion of branch hotels in Germany.

 

Page 9 of 21

Speakers as of17 July 2017

Jan Hazelton Three Points Advisory Ms. Hazelton is a seasoned hotel investment and development executive with broad experience across multiple markets. Her experience includes all aspects of hotel investment including banking/lending, asset management, finance, development, feasibility and investment analysis. Currently she is Managing Director at Three Points Advisory, a boutique advisory firm that focuses on hotel development and investments. Previously, Ms. Hazelton served as the VP of Development for Europe for Four Seasons Hotels and Resorts. Prior to Four Seasons, she was a founding principal of Taylor Global Advisors, a hotel investment advisory firm. Her background includes VP of Development at Hilton Hotels in London; ten years at Calyon/Credit Lyonnais as a lender to the hospitality industry in New York and London; Acquisitions and asset management at Olympus Real Estate, a PE fund with hotel interest; ITT Sheraton in development and owner relations; PKF in hotel advisory services and she started her career at the Westin Century Plaza Hotel in the management training program. She has degrees in Hotel and Business Administration from Washington State University. She is a frequent speaker at industry conferences, a Director of the International Hotel Investment Council (IHIC), a member of Urban Land Institute (“ULI”) and a past Vice Chair of ULI’s European Hotel & Resort Council. Her credentials also include a visiting professorship at Ecole Hoteliere Lausanne. Born and raised in Seattle Washington, Jan is an avid tennis player and skier, enjoys traveling, cooking, wining and dining and has a keen interest in health and fitness. She is actively involved with the Women for Women International organization and a member of their Leadership Circle.

Tim Helliwell Barclays Bank plc Tim Helliwell heads the Barclays Hotels Team, with responsibility for the Bank’s hotel clients within the UK and Western Europe. The hotels team is an integral part of the Barclays Hospitality & Leisure business with key relationships in the travel, restaurant, pub, gaming, health & fitness, leisure operators and sports sectors. As Head of Hotels for Barclays, Tim focuses his time on ensuring the Bank maintains a cohesive approach to the market place both in terms of our funding strategies and our long term relationships with our clients and advisors. The Barclays Hotels Team covers all aspects of senior debt funding; equity & debt capital markets and wider banking needs.

Frank Hildwein Deka Immobilien GmbH As Head of Hotel Acquisitions and Sales, Mr. Hildwein is responsible for the overall sourcing and underwriting of Hotel real estate investments for the Deka Group. Prior to joining Deka, Mr. Hildwein served as a Senior Vice President of Heitman's European Acquisitions group, responsible for real estate investments in Europe. Prior to joining Heitman, Mr. Hildwein was responsible for acquisitions in Northern Europe and UK and dispositions across Europe at the German Fund Manager Commerz Real (formerly CGI). Mr. Hildwein received a Degree in Business Administration. He is based in Deka´s Frankfurt office.

Charles Human HVS Hodges Ward Elliott Charles is Managing Director of HVS London and of HVS Hodges Ward Elliott, the hotel brokerage and investment banking division of HVS. A qualified Chartered Surveyor, Charles has specialised in the hotel sector for over 20 years. He has led HVS’s activities in the acquisition, sale and financing of hotels, portfolios and development projects, and has a unique knowledge of global hotel markets and hotel concepts. Charles is a frequent speaker on the international hotel industry, on topics relating specifically to the valuation of, and investment in hotels, the transaction market and hotel financing.

 

Page 10 of 21

Speakers as of17 July 2017

Erik Jacobs HORECA Investment Partners Erik has recently founded HORECA Investment Partners, an investment platform exclusively representing a family conglomerate based in Asia. HORECA targets investments into the hospitality and real estate sectors, ranging from asset level investments (on a sole basis or through joint-venture agreements) to corporate investments into companies that have strong growth potential. Erik has a strong mix of experience in both the principal investment arena as well as in the transaction advisory space. Most recently Erik was responsible for European Capital Markets at JLL Hospitality Group. Prior to JLL, Erik was responsible for European hotel investments at Invesco Real Estate. At Invesco Erik executed various hotel transactions throughout Europe. This covered a large variety of investment ranging from very institutional leases to operationally geared portfolios, from corporate investments in hotel companies to loan investments with hotels as collateral. Prior to Invesco Erik was responsible for hotel transactions and asset management at Morgan Stanley for the opportunistic Morgan Stanley Real Estate funds.

Russell Kett HVS             Russell Kett is Chairman of the London office of HVS, the leading global specialist hotel valuation, consulting, asset management and brokerage firm which was founded in 1980. After hotel school, Russell joined Strand Hotels as an internal auditor, then assistant financial controller of London’s Cumberland Hotel. After 18 years with the hotel consultancy divisions of BDO (Horwath Consulting) and Deloitte, he joined HVS in 1995. Russell celebrated his 22nd anniversary with the firm in January 2017. Russell has some forty years' specialist hotel consultancy, investment and real estate experience, focused on providing valuation, feasibility, shared ownership, property, brokerage, investment, asset management, strategy and related consultancy services, advising hotel, serviced apartments and hostel companies, banks, developers and investors on all aspects of their hospitality industry related interests, throughout the EMEA (Europe, Middle East and Africa) region. He is a frequent writer, moderator and speaker on the international hotel industry, especially topics relating to hotel valuation, investment, marketing and finance. He has lectured at leading international hotel schools including Ecole Hôtelière de Lausanne, IMHI-Essec in Paris, Cornell University, and Oxford Brookes University. Russell received a Lifetime Achievement Award from HOSPA, the hospitality professionals association, in 2011.

Christian D. Kielgast Nordic Hotel Consulting Christian Kielgast is partner and co-owner of Nordic Hotel Consulting – a leading hotel advisory company with offices in Copenhagen, Oslo, Stockholm, Helsinki and Reykjavik. NHC is active within investment advisory, asset management and consulting. Christian leads the company’s investment advisory activities and has in recent years advised, or currently advising on, transactions worth ca. 1 billion EUR across the Nordics, Baltics and Germany for a range of leading international and Nordic hotel real estate investors. Christian is a graduate (honors) of Ecôle Hôtelière de Lausanne in Switzerland.

 

Page 11 of 21

Speakers as of17 July 2017

Theodor Kubak Union Investment Real Estate In 1997 Theodor and his wife founded SERVUS International in Istanbul. Mr. Kubak is Founder and current President of HAMA Europe (Hospitality Asset Manager Association) Europe SERVUS has assisted private and institutional investors, governmental bodies and hotel operators with new investments as well as existing hotels, resorts and leisure facilities in Europe, Turkey, Russia, Kazakhstan, Georgia, Azerbaijan and Arabian Peninsula. SERVUS has been providing: M&A Advisory, Development Advisory, Feasibility Studies, Concept Designs, Operational Assistance, Mystery Shopping, Operator Search. Prior to taking on his present role as Senior Investment Manager at Union Investment Real Estate in Hamburg/Germany in 2015 Theodor was been acting as External Advisor Hotel Investments and Asset Management overseeing and executing transactions in access of € 1,5 Billion across Europe and USA (such as Melia, Paris La Defense, Crowne Plaza in Amsterdam, Marriott Champs Elysées, London House Chicago and the Lease Agreement for the Intercontinental in Berlin). and assisting with the asset management of a portfolio to value of around € 1,9 Billion. Theodor is born, raised, and educated in Vienna - Austria, now resident in Istanbul with two daughters.

Jacek Kulakowski Fosun Property Holdings  Jacek Kulakowski, CFA, is a Senior Investment Manager with Fosun Property Holdings, where he is responsible for European Real Estate and Private Equity activities, including investments into Commercial Real Estate as well as hospitality, finance and healthcare industries. He joined Fosun in March 2015 with experience in Mergers and Acquisitions (M&A), Valuations and Transaction Advisory Services. Previously, Jacek was an Analyst in the Mid-Market Corporate Finance team at Credit Suisse in Zurich, Switzerland, focusing on execution of M&A transactions across a number of industries in the EMEA region. Prior to that, Mr. Kulakowski worked in M&A advisory and due diligence teams of UBS and EY in Germany and Poland. Jacek graduated from Cracow University of Economics with a Master Degree in Finance and Accounting. He is also a Chartered Financial Analyst (CFA) Charterholder.

Mark Lanspa Wells Fargo Mark Lanspa is an Executive Vice President with Wells Fargo Commercial Real Estate’s Hospitality Finance Group, where he is responsible for clients based in New York and London. Mark has more than 25 years of real estate finance experience and joined Wells Fargo in 2012. Previously, Mark was a Managing Director at Credit Suisse, was a Principal at Oasis Real Estate Partners, a real estate debt advisory firm, and held positions at Goldman Sachs and GE Capital. Mark earned a BS degree in accounting from Georgetown University and a MBA from Columbia University. Mark is active in numerous professional and community organizations, such as the Urban Land Institute, and currently serves on the boards of the Real Estate Lenders Association, where he is a past president, and God’s Love We Deliver, which provides food and nutritional counseling for people living with serious illnesses, where he serves as a Board Member and Treasurer. He also is a member of the Alumni Council of Mount Michael Benedictine High School, Elkhorn, Nebraska.

 

Page 12 of 21

Speakers as of17 July 2017

Daniel E. Larkin Bryan Cave Dan Larkin is a corporate partner in the London office who specialises in asset-backed transactions and financings and has experience advising on structured financings, public-private partnerships, capital sourcing, mergers and acquisitions, private equity, joint ventures, privatisations, development projects, securitisations and restructurings. Dan has particular experience with transactions in the hospitality and leisure, real estate, transport, energy, construction, consumer products and retail, and media and entertainment industries. Mr. Larkin’s career also includes positions as Global Head of Hospitality at a large international law firm along with other senior management positions in real estate capital markets and finance, as managing director (and Head of the European Global Hospitality & Leisure Group) with PricewaterhouseCoopers’ Financial Advisory Group in London, and in senior executive roles with Hyatt International Corporation and Ameritech during which he provided legal counsel and business advice on matters throughout Europe, the Middle East and Africa, as well as Asia-Pacific and the Americas. Among professional associations, he has served as an officer of the International Bar Association and as an officer of the American Bar Association’s Section of International Law. Mr. Larkin is recognised as a specialist in Commercial Contracts by Chambers UK 2016.

Simon Lehmann Phocuswright, Inc Simon was previously the CEO of Biketec AG, the producer of the FLYER E-bikes located in Huttwil, and CEO of Interhome, the European market leader in placing more than 32,000 vacation apartments, vacation homes and chalets in 29 countries. Mr. Lehmann's past experience also includes deputy CEO of the Hotelplan-Gruppe in 2012, where he was responsible for the Travel Related & Online Services Division (including Interhome and the online travel agency travel.ch). Over the years, Lehmann made a name for himself beyond the Swiss borders as an online expert of the travel industry in general, but especially in the vacation rental industry. Simon Lehmann is frequently invited as a speaker for online travel events worldwide and is asked on board as a consultant for startups. He was also a non-executive board member with HomeAway until they were sold to Expedia. Prior to his time at Interhome, Simon was active in various top management positions at Swissport International, a worldwide leading company in the area of airport ground handling and former Swissair Group company. Simon Lehmann is based in Widen, Switzerland and is married with five children.

David Ling CDL Hospitality Trusts David’s 27 years of experience spans from establishing and expanding new businesses, investment to professional services in the hotel real estate industry with roles including CEO, senior executive and board member. He maintains excellent relationship with major industry players and has diverse geographic experience in markets across Asia Pacific and Europe. As Head of Strategic Development, David is currently responsible for origination of strategic investment opportunities from the regional and international markets for CDL Hospitality Trusts (CDLHT). CDLHT is a leading hotel real estate investment trusts listed on the mainboard of Singapore Exchange Securities Trading Limited. His passion and entrepreneurial spirit drove him to establish four new offices of HVS in Asia between 2004 and 2014 as its Chairman and CEO, as well as founded the largest and most influential hotel investment conferences in mainland China – the annual China Hotel Investment Conference. During his earlier career, David was a pioneering member instrumental in establishing Jones Lang LaSalle Hotels’ presence in Asia in the 1990s and early 2000s as its Senior Vice President initially in Investment transactional activities and subsequently heading its advisory services.

 

Page 13 of 21

Speakers as of17 July 2017

Martin Löcker UBM Development AG DI Martin Löcker was born in Leoben, Austria, in March 1976. He graduated in industrial engineering and construction from the Technical University in Graz, Austria, in 2000, before gaining a postgraduate qualification in real estate economics at the European Business School in Munich, Germany, in 2005. He joined the PORR Group and its subsidiary UBM AG in 2001. Here he was responsible for projects in Austria, France and Germany and since 2007 he has held management positions at UBM AG and its subsidiary Münchner Grund. He has been a member of the Managing Board since 1 March 2009. In his capacity as a member of the Managing Board Martin Löcker is responsible for Development and Technology in the German, Poland and Czech markets as well as for hotel management.

Majid Mangalji Westmont Hospitality Group Majid Mangalji is Founder and President of Westmont Hospitality Group, which started its hospitality business approximately 40 years ago. He has been involved in all aspects of the development of the Westmont Group. During this period, it has grown from a single hotel to become one of the largest private hotel owner/operators in the world with a significant presence in North America, Europe and Asia. As the Head of this global group, Mr. Mangalji has developed an extensive knowledge of international hospitality markets, investing and operating in these markets and has created strong relationships with major international hotel brands, leading financial institutions, and investment funds. Mr. Mangalji sits on the board of principal companies in which the Westmont Group invests. He is the Founder and was the first Chairman of InnVest REIT, the largest public listed hospitality company in Canada. He sits on the Board of IREFAC in the USA and IHIC in Europe. In 2010, Mr. Mangalji was awarded the C. Everett Johnson Award at the NYU International Hospitality Industry Investment Conference. In 2013 he received the prestigious IHIF Lifetime Achievement Award in Berlin. In 2015, he was granted an Honorary Doctorate degree from the University of West London.

Ramsey Mankarious Cedar Capital Partners Mr. Mankarious founder and CEO of Cedar Capital Partners. Since it’s formation in July 2004 the firm has acquired, on behalf of its institutional investors, hotel assets with a value in excess of $800 million. Prior to founding the company, Mr Mankarious was Executive VP of Acquisitions & Development for Kingdom Holdings in London. Kingdom, which is owned by HRH Prince Alwaleed Bin Talal, is a major investor in the tourism industry with significant holdings in both hotel real estate and management companies (Four Seasons, Fairmont and Mövenpick). In his position, Mr. Mankarious was responsible for the company's European hotel investment activities. Prior to this he was responsible for the firm's hotel investment and asset management activities within the Middle East, Africa and Asia. Mr. Mankarious was previously with HVS International, a leading hotel valuation and consulting firm, in London and New York. During his time at HVS, Mr. Mankarious worked throughout Europe, the Middle East, Africa, Asia and the United States. Mr. Mankarious received an MA in Property Valuation and Law from City University Business School in London and holds a BA in Hotel and Restaurant Management from Michigan State University, USA.

Christopher Martin HVS Hodges Ward Elliott Chris Martin is a Senior Director of HVS Hodges Ward Elliott, and has almost 20 years of specialist hotel brokerage experience gained in Europe, the Middle East and the Asia Pacific region. He joined the firm in 2009 from Jones Lang LaSalle Hotels, with whom he spent ten years in Asia and Europe, specialising in hotel brokerage. As well as negotiating the sale of numerous major hotels, including several portfolio disposals, Chris also has extensive experience in hotel operator selections, lease and management agreement negotiations and the sale of hotel development projects.

 

Page 14 of 21

Speakers as of17 July 2017

Stevan Milic Azmont Investments Mr. Milic is member of Azmont Investments team since 2015 as Chief Operations Officer. He is also in charged for managing Portonovi Hospitality Management Company as Executive Director from 2016. Mr. Milic has received the associate’s degree in Marketing and Management from Columbia State University and bachelor's degree in Business Administration with special focus on areas of Finance, Accounting, Marketing and Management at Faulkner University. He is fluent in English and Italian. Mr. Milic has started his career in Telenor in 2005, in the newly formed HR department. From the beginning he has participated in numerous company projects on local, regional and international level. He held the position of Human Resources director from September 2011 and from 2013 was appointed as Head of Corporate Communications and Human Resources Division. In 2014, he joined Portonovi project as Head of Human Resources and Administration.

Mark Moody Al Marjan Island Mark Moody is a U.K. National with a 20 year career in the real estate and finance arenas affording him a strong, diverse skill set across these sectors. Mark has been based in the UAE for the past 6 years and is responsible for business development in the EMEA region for Al Marjan Island (AMI) in the Emirate of Ras Al Khaimah, UAE. AMI is a Government entity and functions as a Master Developer in the Emirate. They are responsible for such projects as Al Marjan Island, a collection of 4 man-made island covering 2.7 million square meters of residential, hospitality and mixed-used plots.

Nadra Moussalem Colony Capital LLC Nadra Moussalem is Executive Director and Head of Colony NorthStar Europe, having previously held the position of Executive Director and Head of Europe for Colony Capital, the predecessor to Colony NorthStar. Nadra Moussalem Mr. Moussalem is involved in many facets of Colony NorthStar in Europe, including business strategy, product development and global client relations. With €7.7bn of Gross Asset Under Management in the European Portfolio, Mr Moussalem is also responsible of monitoring European Investments out of six offices (Paris, London, Madrid, Berlin, Rome and Luxembourg). Prior to joining Colony NorthStar in 2000, Mr Moussalem worked for AXA in the Financial Products engineering department. Since 2014 Mr Moussalem has served on the board of directors of Carmila. Mr Moussalem is non-executive Chairman of Data4 Group. Mr Moussalem graduated from the Ecole Centrale in Lyon, with a Masters in Information and Communication Technology.

Robert Nadler Nadler Hotels Robert doesn’t come from a hotel background. He’s worked in a variety of industries, from qualifying as a chartered surveyor, smoking fish, policing the Soho streets, founding two research companies, and as CEO of a public company. In 2006, Robert developed and opened his first hotel, the 65 room base2stay Kensington, now renamed The Nadler Kensington. This move into the hotel industry was inspired by his personal experiences as a guest, and a view that sustainability was an increasingly important aspect of every business. Since opening The Nadler Kensington, Robert has opened a further three hotels. The 106 room Nadler Liverpool was developed and opened in 2010, followed in June 2013 by The Nadler Soho with 78 rooms, and the most recent, The Nadler Victoria, by Buckingham Palace, 73 rooms, opened at the end of 2015. At the beginning of 2016, a new freehold site was purchased for The Nadler Covent Garden, and the first management agreement for a hotel in Manchester has been signed, adding a further two hotels to the growing Nadler Hotels group.

 

Page 15 of 21

Speakers as of17 July 2017

Tina Norden Conran and Partners Tina is an interior designer and architect with a diverse portfolio stretching across many contexts and continents, from hotel and restaurant design to high-end residential. She began working in Asia over 18 years ago and has been involved with many iconic projects such as Hotel Icon, Mandarin Oriental, PMQ, Roppongi Hills and Futako Tamagawa. Tina is currently working on two new Park Hyatt hotel projects in Jakarta and Auckland, for MNC Land and Fu Wah Group respectively, as well as several boutique hotels across Europe and a selection of confidential hospitality projects in Hong Kong. Tina studied architecture at Westminster before joining Conran and Partners in 1997, completing her MA in Architecture & Interiors at the Royal College of Art in 2000.

David Overby Solstra Capital Partners David Overby is partner with Solstra Capital Partners, a private equity management company, with offices in Copenhagen and London, investing in special situations and asset backed investments in Scandinavia and Northern part of Europe. Solstra Capital Partners manage assets within a broad range of industries, including the hotel industry. Solstra Capital Partners’ current hospitality investments are the Crowne Plaza Copenhagen, Marriott Copenhagen, AC by Marriott Bella Sky and BC Hospitality Group (The Bella Center convention center). All hotels (except Marriott Copenhagen) are owned and operated by Solstra Capital Partners.

Christopher J. Pfohl Pyramid Hotel Group Acquisition for Bentley Forbes Hospitality Group. Chris was responsible for the start-up of a new hospitality division with the goal of acquiring, developing, operating and asset managing four- and five-star hotel projects. In addition, Chris has held senior-level positions for Hilton, InterContinental, and DoubleTree Hotels, including oversight of managed development for Hilton Worldwide. Previously, Chris purchased, owned, and operated a DoubleTree hotel in Wilmington, DE. He has also held several hotel operational and management positions including Regional Vice President and General Manager of 15 hotels with Winegardner Hammons and the Beacon Hotel Corporation.

Ryan Prince Realstar Group Principal of the Realstar Group. Realstar is a property investment and management firm focused on the hospitality, residential and alternative property sectors with over $6 billion of assets under management. Since the establishment of its London office in 2002, Realstar has owned over 73 Holiday Inn and Crowne Plaza hotels across the UK, 17 GP surgeries and over 1,000 residential rental and student apartments. Realstar is also currently developing a 161 room boutique luxury hotel located next to the One Blackfriars development on the Southbank. Most recently the company launched UNCLE (www.uncle.co.uk), an innovative new way to live and rent. Prior to Realstar, aged 21, Ryan co‐founded iGabriel Ltd, an early stage venture capital firm with investors such as Lord Myners, Peter Gabriel and Harvey Goldsmith. Ryan is also Chairman of the UK advisory board of Facing History & Ourselves (www.facinghistory.org), a not‐for‐profit organisation focused on inspiring students through the lens of history to take an active role in society and learn critical reasoning skills resulting in moral and ethical decisions. Ryan was born in Toronto, Canada and attended Upper Canada College, the University of Western Ontario and the London School of Economics.

 

Page 16 of 21

Speakers as of17 July 2017

Dillip Rajakarier Minor Hotels Dillip Rajakarier is CEO of Minor Hotels (MH), a subsidiary of Minor International (MINT) and COO for MINT. Rajakarier joined MH in 2007 as Chief Finance & Investment Officer and was promoted to COO in 2008. In 2011 he was promoted to CEO. During his time with the company he has seen the group’s core Anantara brand grow from just a handful of properties to become a leading operator and developer, currently with 38 luxury properties in operation. Since joining MH from Orient-Express Hotels, Trains & Cruises, Rajakarier has been instrumental in the expansion of the hotel portfolio, including the addition of ‘Elewana Afrika’, the acquisition of PER AQUUM, a strategic partnership with Sun International and acquiring the Tivoli Hotels & Resorts brand which was the group’s largest ever transaction. In 2011 Mr. Rajakarier oversaw the acquisition of Oaks Hotels & Resorts which represented MH’ first foray into the Pacific and then doubled the company’s hotel interests, which currently comprises 154 properties and 20,000 keys in 24 countries. Rajakarier is tasked with growing MH to 252 hotels by 2021 and expanding the group’s Anantara and AVANI brands, in addition to strategic acquisitions across the group’s growing footprint.

Mark E. Rajbenbach Paul Hastings (Europe) LLP

Robin Rossmann STR Robin Rossmann leads STR’s operations across the Europe, Middle East, Africa, Asia Pacific and Central and South America regions. He is focused on continuing to improve the way STR provides the hotel industry with robust and insightful performance benchmarking that enables stakeholders to make better decisions. Prior to STR, Robin was a Senior Director in Deloitte’s Global Hospitality Advisory Team in London. During his 13 years with Deloitte, he advised leading hotel brands, operators, investors and lenders in most major global markets. His wide range of experience includes advising on hotel strategy, business planning, investment appraisal, market reviews, financial and commercial due diligence, IPOs, debt advisory, valuation, financial assurance, controls improvement and risk management.

Julio Ruiz de Alda Banco Santander Since January 2015, Julio Ruiz de Alda leads the Commercial Real Estate Financing and LBOs team within Santander Spain. During the period 2015-2017 aprox. 40 CRE have been closed, with a total investment in excess of 1,2 bn euros. Santander holds a leading position in the CRE non recourse financing space in Spain. Only in Q1 2017 it has acted as sole Bookrunner in deals already closed in excess of 450 MM euros From 2011 to 2015, Julio was part of the Global Credit Watch team within Santander, leading the Spanish Group during the last 2 years. In this period he took part in several multi billion refinancings, being part of the Banks Steering Committee in Cemex or FCC for example. He joined Banco Santander in 2007 as a member of the Structured Finance area, where he carried out relevant national and cross boarder deals in the Energy and Real Estate sectors. Prior to joining the Bank he worked 6 years in a leading independent Spanish M&A Boutique. Julio Ruiz de Alda holds a double degree in Law and Business Administration by Universidad Pontificia de Comillas (ICADE) and a PDD by IE (Instituto de Empresa)

 

Page 17 of 21

Speakers as of17 July 2017

Marvin Rust FTI Consulting Marvin Rust is a Senior Managing Director at FTI Consulting and is based in London. Marvin assumed leadership of FTI’s European Tax Advisory business and the Tourism, Hospitality & Leisure industry group in EMEA in 2013. Marvin was previously at Deloitte and Andersen for 15 years where he was the Partner in charge of the Deloitte Global Hospitality programme and the Lead Partner for Deloitte Tax Services to the Travel and Leisure sector. Marvin has wide experience in the Tourism, Hospitality & Leisure transaction arena and has worked on many of the significant transactions in the hospitality industry in particular over recent years. His client base includes Starwood Capital, Kingdom Hotels, Travelodge, Macdonald Hotels, as well as a number of the leading private property investors in THL sector assets. He has advised on completed transactions in excess of USD 20 billion and restructurings in excess of USD 10 billion over the last 10 years and is recognized globally as one of the leading tax advisers in the hospitality transaction sector working with owners, operators and lenders. Marvin in particular enjoys working on complex high value transactions where he can engage his wide range of skills to solve business problems.

David Ryland Paul Hastings David Ryland is a Corporate Real Estate partner in the Paul Hastings London office. Mr. Ryland focuses on commercial real estate with emphasis on UK and European property funds, joint ventures, clubs and property finance. He advises banks, fund managers, operators and investors in the real estate sector on cross-border investment structures including limited partnerships, offshore trusts and non-resident listed vehicles and transactions. Mr. Ryland has been consistently ranked as a Tier One lawyer for real estate, hotels and leisure, and real estate funds for many years in the Chambers and Legal 500 guides. He has also been ranked as one of the world’s leading real estate lawyers by Euromoney, and in a separate Chambers publication as one of the leading business lawyers in the country across all sectors including hospitality, corporate, commercial and tax. Chambers UK 2017 states that Mr. Ryland “is brilliant and incredibly technically gifted”, has “amazing sector knowledge and foresees commercial implications”. His clients attest that he is “one of the most highly regarded lawyers in London” and is “one of the doyens of the industry; he knows the sector inside out, and knows all the players and pitfalls and how to keep us out of them.

Justin Salked Baker McKenzie Justin has a broad range of experience across the real estate sector. In particular he acts regularly for investors and operators on the acquisition, development, operation and disposal of hotel assets. Justin is chair of Baker McKenzie's EMEA Hotels, Resorts & Tourism group – comprising over 150 industry focused lawyers across 36 offices in Europe - and also a member of the EMEA Real Estate group's leadership committee. He is ranked as a leading practitioner in Chambers and a London Super Lawyer. Recent work across the Hotels, Resorts and Tourism industry has included advising a UK owner/ operator on its new build flagship luxury hotel on Leicester Square, advising an Asian investor on the acquisition and financing of a portfolio of 26 regional hotels in the UK, advising a foreign investor on elements of its €1.25bn acquisition of a portfolio of 750 hotels across Europe and acting for a UK budget brand on the acquisition and development of various new build hotels in the UK.

 

Page 18 of 21

Speakers as of17 July 2017

Bernold O. Schroeder Kempinski Hotels SA Bernold Schroeder oversees the portfolio in Europe, the original home market of Kempinski and a region of critical importance to the company, with landmark properties including the iconic Hotel Adlon Kempinski and Çirağan Palace Kempinski. Bernold is a Member of the Management Board of Kempinski AG; Executive Director on the Board of Kempinski Hotels SA; and a Member of the Management Board of Kempinski Hotels SA. In addition to his leadership in the operations, quality and performance of the vast Kempinski portfolio in Europe, Bernold drives selective portfolio growth in key European destinations. He also works closely with Human Resources to optimise and lead the talent development model for Europe as a springboard to growing the next generation of Kempinski employees globally. A German national, Bernold is an industry veteran with more than 30 years in the global hotel industry covering all aspects of luxury hospitality, from development to operations to sales and marketing. Bernold’s exceptional corporate and operational leadership experience uniquely pairs his deep understanding of an Asian service approach and discerning asset owner relationships with his original European roots, knowledge, and sensibility to craftsmanship, which have remained strong throughout his career. Bernold joined Kempinski in May 2017. Prior to this, he held senior management positions with Pan Pacific Hotels Group, Jin Jiang International, Banyan Tree and Hyatt. He received his early hospitality education in Germany and later completed executive programs with Cornell University and Stanford University-National University of Singapore.

Sem Schuurkes CityHub Sem is co-founder of CityHub. During his final year in university, Sem and his business partner Pieter recognized that current hotels and hostels did not fulfil their needs. As outsiders to the industry their “fresh” view on hospitality allowed them to come up with creative solutions. Sem is responsible for concept and IT development and represents the creative element of CityHub. After running a pilot in Sems own apartment, the first location of CityHub opened its door in 2015. The hotel for digital natives gained a lot of attention and won the award for best innovative hotel concept at the World Wide Hospitality Awards in Paris.

Dominic Seely Westmont Hospitality Mr. Seely is responsible for acquisitions in Europe. Westmont, founded in 1975, has been active in Europe since 1996 and has acquired, owned, and operated more than 350 hotels across twelve countries. What started with a single hotel in North America, has grown to become one of the largest privately-held hospitality organisations in the world with a presence across three continents. Westmont has a diversified portfolio ranging from budget and aparthotels to mid-market business and large conference hotels to boutique and luxury hotels. Prior to Westmont, Mr. Seely ran his own hospitality investment advisory firm called Townhouse Capital that acted for a dozen different institutional and private investors as well as advising governments on FDI in the tourism sector. He has also held senior executive positions at Kharafi Group, the Kuwaiti conglomerate, and Stein Group, the pan-European luxury lifestyle hotel owner operator. Before the hotel industry, he worked in tech VC and investment banking with Kleinwort Benson. He is a regular speaker at various investment forums including, but not limited to, IHIF Hot.E, GRI, and Hoftel.

 

Page 19 of 21

Speakers as of17 July 2017

Dominic Seyrling Host Hotels Ltd. Dominic Seyrling, Vice President Investments is a member of the team at Host Hotels Ltd. in London since 2010 and is responsible for Host’s acquisition and disposition activities in the European region. Since Dominic joined, Host Hotels established the follow-on fund with its European joint venture partners GIC and APG in 2011 with €450 million of equity capital and undertook about €850m of acquisitions and €600m of dispositions. Host’s European JV portfolio currently comprises 10 hotels with approximately 3,900 rooms across 7 countries with an aggregate market valuation of circa €1.7bn. The most recent investment is the Sheraton Berlin Grand Hotel Esplanade. Host acts as the general managing partner and asset manager for the joint venture. Dominic comes from a hotel background in Austria where his family owned and operated a hotel and a restaurant in the Austrian Alps. Prior to joining Host, Dominic worked for four years at Jones Lang LaSalle’s Hotel Capital Markets teams in London and New York. He holds a bachelor of science from Lausanne Hotel School and graduated with distinction from London Business School where he obtained a Master in Finance in 2014.

Billy Skelli-Cohen Global Holdings Billy is responsible for the Global hotel business of Global Holdings which includes Mondrian London at Sea Containers, Ace London, Pulitzer Amsterdam, Soho House Development in Amsterdam and a recent acquisition in Washington DC.  

Desmond Taljaard London & Regional Desmond is MD – Hotels for London & Regional, responsible for Acquisitions and Asset Management. He recently led the acquisition of Atlas Hotels, a portfolio of 47 select service hotels in GB. He served from 2006-2012 as COO, Europe for Starwood Capital, leading the acquisitions for Golden Tulip Group, Principal Hayley and Shoreditch Crowne Plaza, including its conversion to an ACE hotel. Desmond also served as Director Development Whitbread, SVP Real Estate at Hilton International and property Director at Sainsbury’s. Desmond is an Economics graduate of LSE, and a Chartered Accountant.

Rod F. Taylor TGA Limited Up until 2008, Rod Taylor was a career corporate banker. Previous appointments included being Head of Hotel Finance, U K & Western Europe for Barclays Bank and then Head of Hotel Finance, Europe, Middle East and North Africa for Europe Arab Bank. In early 2009 Rod established his hotel consultancy, Taylor Global Advisors Limited. This coincided with the 2008/2012 recession and the core strategy behind the company was to assist hotel owners and their lenders facing challenging financial situations. TGA sought to bring a fresh pair of eyes and a problem-solving mentality, resulting in fair and equitable solutions. In addition to the above, Rod has also during the last 8 years been invited to join the board of directors of several hotel groups, often in a situation where a quick win solution was not possible and longer term solutions were required. Successful outcomes in respect of challenged situations were delivered in respect of aAIM Lagonda, Four Pillars Hotels Group and the Lords Hotels Group. Rod was also Chief Restructuring Officer for Cedar Court Hotels Group, Non-Executive Chairman of Surya Hotels Group and for 8 years a non-executive director of the highly respected and hugely successful Firmdale Hotels Group. Amongst other things, TGA are currently providing strategic advice in respect of two separate, 4* full service hotel developments in Central London and to an expansive family owned group manufacturing and retailing consumer durables.

 

Page 20 of 21

Speakers as of17 July 2017

Ulf Templin PKF hotelexperts GmbH Ulf Templin is one of the managing partners of PKF hotelexperts GmbH based in Munich. The main consulting activities of Ulf Templin lie in the search and selection of hotel operators as well as the economic consultancy with regard to the conclusion of an operator contract (lease-, management-, franchise- and licence contracts.) Further consulting activities of Ulf Templin lie in the valuation of hotel real estate with regard to transactions or in the context of annual audits according to national and international valuation standards (impairment tests) as well as feasibility studies for hotel projects in Germany and abroad. Before joining PKF in Munich in 1997, Ulf studied business administration with focus on tourism in Munich and he passed his tax consultant exam in 2003.

Paul Thomas Marriott International Paul leads Marriott International’s development activities for the select service brands in the UK and Ireland. He joined Marriott International in March 2015 and is based in the London office. Prior to joining Marriott International, Paul worked in a number of consulting practices specialising in leisure, tourism and hospitality across EMEA and the Caribbean. During his 17 years of consultancy he worked at Economic Research Associates, KPMG, Cushman & Wakefield, and latterly at Whitebridge Hospitality. Paul’s specific remit in the UK&I is to grow the Moxy, AC by Marriott, Courtyard by Marriott, Residence Inn, aLoft, Element and Four Points by Sheraton brands and primarily through franchising.

Philip Ward JLL As EMEA CEO of JLL’s Hotels & Hospitality Group, Philip leads a team of more than 130 hotel experts in 10 countries. With a career spanning 35 years, Philip is an experienced European real estate executive whose career focused predominately on investment banking advisory work. For the last 25 years, he has specialised in investment banking advisory work for the hotels, hospitality, real estate, leisure and tourism sectors. Philip is recognised as an industry leader in the European hotels and hospitality investment industry having worked at Brookfield, Bear Streans, Rothschild & Cie. His primary focus is on building trusted relationships with both investors and operators, with a client centric approach he focuses on providing clients with balanced advice and insight. Current and future clients will benefit from Philip's wealth of experience in the sector, including sourcing, securing and arranging debt and equity capital, and structuring complex transactions through a range of market cycles. Creativity and tenacity enable his clients to achieve their ambitions when selling and securing assets that will outperform for years to come.

Dr. Edward Wojakovski Tonstate Group Dr Edward Wojakovski’s career has evolved with the real estate market in the UK and Europe. He holds degrees in Law, Accountancy, a Masters in Land Economics and PhD in Economics and Business Administration. His Tonstate vehicle holds or manages his interest in all property sectors, with great emphasis on the leisure and hotels sector where the company is one of the largest employers in the hospitality industry. From the outset, he has developed a strong bias towards the leisure, hospitality and retail sectors and has a clear expertise in developing and managing long term holding strategies for such assets. His notable holdings include the London Hilton Metropole, Birmingham Hilton Metropole, Cardiff Hilton and his Scottish hotel estate. His strength has always been his ability to create and secure fair and sound deals for both parties to the deal by managing a strict management control structure coupled with financial acumen. Dr Wojakovski is a keen art collector and enjoys the world of opera, ballet and classical music. He is also an advisor and Trustee for various charitable organisations in the UK and abroad. He is married with three children.

 

Page 21 of 21

Speakers as of17 July 2017

Sean Worker BridgeStreet Sean Worker is President and Chief Executive Officer of BridgeStreet Global Hospitality. With more than 50,000 apartments in over 60 countries, BridgeStreet – comprised of six unique brands – is the leading hospitality solution offering served apartment experiences for travellers seeking alternatives to the typical hotel accommodation. Sean is responsible for the overall strategic direction of the company and leads BridgeStreet’s 500 teammates in living the brand promise. Sean joined BridgeStreet in 2009. Prior to joining BridgeStreet, Sean served as Managing Director and Executive Vice President, International Operations for Wyndham Hotel Group, London, United Kingdom, where he was responsible for managing a portfolio of over 650 franchised and managed assets throughout EMEA, India and Asia Pacific and was a board member of CHI Hotels & Resorts. Previously, Sean held various senior positions, with responsibility for development, sales and operations, at Interstate Hotels and Resorts, Bristol Hotels & Resorts, Marriott and Hilton in the United States and Europe. During this period, he oversaw and operated a range of assets and global brands. Sean holds a BA in Business with a specialty in Hotel & Hospitality Management from Galway-Mayo Institute of Technology and is a patron of the school. He is a native of Galway, Ireland.

Camil Yazbeck Patron Capital Partners Camil Yazbeck is Partner and Investment Director – Hospitality & Leisure for Patron Capital, a Pan-European private equity real estate investor, representing €3.4 billion of capital across several funds and related co-investments. Patron’s Past & Current Hospitality Platforms consist of 60+ multi-branded hotels spread across 13 countries, including Generator Hostels, Luxury Family Hotels, Jupiter Hotels, The Spencer Hotel Dublin, Staybridge Suites, Hotel Arts Barcelona, the Bratislava Carlton hotel and 3 Linder Hotels in Switzerland. Patron's strategy is to back local partners and management teams in growing their respective business. Camil leads all aspects of origination, acquisition, underwriting, execution and asset management of new and existing investment opportunities in Patron’s hospitality sector investments. Prior to joining Patron, Camil spent over 20 years in the hospitality industry, focusing on all aspects of hotel operations in a variety of roles throughout the world. He held several senior positions with international hotel companies, including Regional and Operations Director, Group and Area General Manager. He acquired extensive experience moving up the ranks in hotel operations, in hotel pre-openings as well as the extended stay hotel market, within independent and branded hotels including Le Meridien, Crowne Plaza, Holiday Inn, Mercure, Best Western, The Ascott Group, Citadines and Staybridge Suites. Camil earned his MBA from IMHI - Cornell University and ESSEC School of Management, and his French Diploma in Hotel Management from the Lycée Hôtelier Château Bellerive (Grenoble Academy, France).

Huw Zachariah HSBC Bank PLC Huw is an experienced corporate banker having worked for HSBC for over 30 years in a wide variety of roles, the majority of which are credit related or relationship management positions. For the last 14 years Huw has focussed exclusively on the UK hotels sector. HSBC has been a consistent lender to the UK hotels, serviced apartments and hostel sectors over a long period; it supports borrowers across all different property types from single assets to portfolios, budget to high-end, branded to un-branded. HSBC supports borrower, both existing customers and new-to-Bank, by providing senior debt on acquisitions, re-financings, refurbishments and construction, as well as providing other general banking services. The Team currently has a healthy pipeline of new deals under consideration.