CHIC turns 21 in 2017

CHIC turns 21 in 2017

TORONTO, April 6, 2017 /CLN/ - For 21 years, the Canadian Hotel Investment Conference has established itself as an important source of information, insight and opinion on today’s Canadian lodging market. Designed to meet the needs of senior executives from across North America, this business conference delivers outstanding insight on where the industry is today, where it’s heading and the options it can deliver. 

The Canadian Hotel Investment Conference has come of age, celebrating its 21st annual conference this year on May 15 and 16 at the Westin Harbour Castle, Toronto.

On May 15 from 6:00 to 8:00 p.m., conference hosts CBRE Hotels, Colliers International Hotels and HLT Advisory Inc. will welcome all registered delegates to the Westin Harbour Castle for a meet and greet.

The next morning, Bill Stone and Mark Woodworth of CBRE Hotels will participate in the first plenary session, titled The Ever-Evolving Hotel Landscape. Global capital is moving faster than a remote check-in. Where is the smart money going? What are the major influencers of international investment, leading indicators and what does the future hold? In this session, a Canadian economist and top industry leaders look at recent and upcoming events and trends.

Next up, Carrie Russell of HVS and Scott Duff of CBRE will discuss “up to the minute” top line and financial performance and transaction highlights for the major Canadian hotel markets. Their presentation will help delegates understand why markets vary so greatly and what’s affecting demand for hotel lodging and buoyant deal activity. All registered delegates will have access to their slide deck post-event.

In a breakout panel titled, Develop or Deal, Charles Suddaby of Cushman & Wakefield, Deepak Baring of Calmcrest Holdings, Steve Gupta of Easton’s Group of Hotels Inc. and Marc Staniloff of Superior Lodging Corp. will offer advice on  what to do and when to do it. With great value and operational disparities across the country, some properties are trading near replacement cost while others have been severely reduced. Some develop in weak markets during poor times. Find out how experts make their investment decisions and learn from their successes and missteps.

Dual branding is the topic of another breakout featuring Linas Saplys of API Consultants & Saplys Architects Inc., Alnoor Gulamani of Bayview Hospitality Group, Sandeep Gupta of Sunray Group and Bhulesh Lodhia of JM Hospitality Inc.

From hero to zero

CBRE’s Brian Flood and HVS’s Monique Rosszell will compare urban and suburban markets including Vancouver/Richmond, Calgary, Toronto/GTA to dissect how they have evolved through supply swings and demand shocks. One day, you need sandwich boards out front of the hotel to attract guests and buyers and the next day ropes are needed for the hoards. This session will compare the influencers of demand, how markets fill and why some submarkets can be on fire while others simultaneously smolder and how this affects valuations and transaction activity. 

Back by popular demand is CHIC’s national student contest called #hotelNEXT, where aspiring hotel developers pitch their hotel concepts to a panel of Canadian investors and hotel owners. On March 16, the top three teams will have 15 minutes each to present their ideas on the hotel of the future.  The winner will be chosen that day and delegate votes count.

Modular construction, legal and structuring mistakes and the search for private equity will all be covered in the afternoon plenary sessions.

In this, Canada’s 150 birthday year, it’s fitting that the final session is called  C Stands for Canada, Coveted and Capital.

Domestic and foreign investors are attracted to Canada by its property yields and safe investment, operating and debt environment. This session explores the trends of both domestic and non-Canadian activity and looks at progressive debt and equity structures. Speakers include Jason Chrein, Credit Agricole CIB; Tyler Seaman, Oxford Properties Group and Bruce Wiles, Thayer Lodging, Brookfield Hotel Properties.

For information, contact: Vicki Welstead. Tel. 416-924-2002, ext. 233. Email: vickiwelstead@bigpictureconferences.ca 

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