Program Schedule

 

The Western Canadian Hotel & Resort Investment Conference will be held at the Fairmont Waterfront Hotel Vancouver.
The official program will commence on Wednesday October 23rd at 5:00pm and end on Thursday October 24th at 5:00pm. 

See below and kindly note the session time and locations. 

 

 
WEDNESDAY OCTOBER 23, 2013
Fairmont Waterfront Hotel Vancouver | 900 Canada Place Way, Vancouver, British Columbia, V6C 3L5

11:45 am - 4:00 pm

HILTON DEVELOPMENT FORUM 
(Malaspina Room)
 

You are invited to join Hilton Worldwide for a brand development forum in Vancouver, BC on October 23rd, 2013 prior to the Western Canadian Hotel & Resort Investment Conference.
Come learn more about our industry leading brands, the forum will feature Hilton Garden Inn, Hampton by Hilton, Home2 Suites and Homewood Suites by Hilton.
We will have members of our brand management, development, and architecture & construction teams presenting and answering questions.
This will be an excellent opportunity to learn about development with each of our world-class brands. Sandwich Buffet Lunch will be provided.
Please register  in advance by contacting Eileen Silver at  Eileen.Silver.contractor@hilton.com  778 426 4454

Agenda Outline
11:45 AM-   Lunch - Join us in the Malaspina Room for a "build your own lunch" from a variety of tasty dishes from Heron's West Coast Kitchen
1:00 PM -    Introductions & Canadian Market Update
1:15 PM -    Hampton Inn Brand Presentation
2:00 PM -    Hilton Garden Inn Presentation
2:45 PM -    Beverage Break with Cookies
3:00 PM -    Home2 Suites by Hilton Brand & Homewood Suites by Hilton Brand Presentation
3:45 PM -    Open Discussion
Adjourn to the Western Canadian Hotel & Resort Investment Reception

4:00 pm - 7:00 pm

REGISTRATION OPENS 
(Waterfront Ballroom Foyer)

5:30 pm - 7:00 pm

 

OPENING RECEPTION 
(Waterfront Ballroom Foyer)

Conference hosts CBRE Hotels and HLT Advisory Inc. welcome all registered delegates to this deluxe function to reunite with old acquaintances and strike new relationships. Delegates from CRDA’s Vacation Ownership Conference (VO-CON) will be joining us for this networking reception.

   
THURSDAY OCTOBER 24, 2013
Fairmont Waterfront Hotel Vancouver | 900 Canada Place Way, Vancouver, British Columbia, V6C 3L5
7:00 am - 5:00 pm REGISTRATION OPENS 
(Waterfront Ballroom Foyer)

7:00 am - 8:30 am

CONTINENTAL BREAKFAST 
(Waterfront Ballroom Foyer)
Sponsored by:

8:30 pm - 8:45 pm

OPENING REMARKS
(Waterfront Ballroom)

Speaker:
Carrie Russell | HVS

 

MORNING PLENARY SESSION

8:45 am - 9:15 am

 

WESTERN CANADIAN HOTEL & RESORT ROUND-UP
(Waterfront Ballroom)

We start the morning off with a review of operating performance and transaction highlights since last year’s conference.  Both urban and resort markets come under the microscope as performance metrics, market trends, buyer/seller profiles and cap rates are summarized.

Speakers:
Carrie Russell | HVS 
Mark Sparrow | CBRE Hotels

9:15 am - 10:15 am

THE BIG PICTURE:  HOW WESTERN CANADA’S ECONOMY IS STACKING UP 
(Waterfront Ballroom)

Growth is still occurring in western Canada but the outlook isn’t as clear.  A surprise provincial election outcome in British Columbia, freak weather incidents, roller coaster demand for (and public perceptions of) natural resources and tight labour markets make for an interesting dynamic.  Jason Clemens of the Fraser Institute returns and takes a look at the economic characteristics of the year just past as well as providing insight into the future.

 

 

10:15 am - 10:45 am NETWORKING COFFEE BREAK WITH SPONSORS
(Waterfront Ballroom Foyer)
 
MORNING BREAKOUT SESSIONS: YOUR CHOICE A1 or A2

10:45 am - 12:00 pm 

A1: LABOUR AND COMPENSATION PRACTICES 
(Waterfront A)

The Canadian Tourism Human Resource Council (CTHRC) has just completed a national study of compensation rates and practices across a broad range of hospitality positions.  To attract and retain employees and remain competitive, hotel and tourism employers need to be aware of current wage and benefits standards within the industry. The Canadian Tourism Sector Compensation Study presents data by industry group and occupation for all of Canada and for each province and the Yukon. Wendy Swedlove, President of CTHRC will review key findings from the study that will set benchmarks for some years to come.  

 

10:45 am - 12:00 pm 

 

 

A2: WHAT TO EXPECT WHEN EMBARKING ON RENOVATION PROJECTS 
(Waterfront B)

There has been much speculation throughout the industry about many of the major brands more strictly enforcing their standards and mandating more property improvement plans or PIPs.  Jonathan Nehmer  has produced the annual Cost Estimating Guide to help provide the industry with specific guidelines of what to expect when embarking on renovation projects. The guide examines each segment of hotels with a specific prototype and provides a range of costs by product. From current trends in FF&E to the latest developments in sustainability, his comprehensive report provides data on the many facets of the industry. With renovation activity on the upswing and expected to continue to grow this year, his presentation includes a discussion with David Oliver, SVP at Cadbridge Asset Management will be a valuable resource for anyone interested in more information on CapEx spending.

 

 

12:00 pm - 1:15 pm NETWORKING BUSINESS LUNCH
(Waterfront Ballroom Foyer)
 
AFTERNOON PLENARY SESSION #1

1:15 pm - 2:15 pm

 

 

WHO’S BUILDING?  WHO’S BUYING & SELLING?  WHERE’S THE MONEY COMING FROM?
(Waterfront Ballroom)

This panel discussion will focus on development and acquisition activity in western Canadian urban and resort market areas.

Moderator:
David Larone | PKF Consulting

Speakers:
Tom Gaglardi | Sandman Hotel Group
John O'Neill | O’Neill Hotels & Resorts Ltd.
Marc Staniloff | Superior Lodging Corp.
Arni Thorsteinson | Temple Hotels Inc. 
 

2:15 pm - 2:30 pm INTERMISSION
AFTERNOON BREAKOUT SESSIONS: YOUR CHOICE B1 or B2

2:30 pm - 3:30 pm

B1:  LOOKING AT THE OTA CUSTOMER & UNDERSTANDING THE COST OF DISTRIBUTION 
(Waterfront A)

With the help of expert knowledge and advice from Amy Cain Severson at Expedia, hear about western Canadian online leisure consumer trends, opportunities and outlook.  Learn how hotel owners and operators can best leverage the OTA’s to complement their strategy while driving incremental room nights and revenue.

 

2:30 pm - 3:30 pm

 

B2: THE FUTURE OF CANADIAN RESORT DEVELOPMENT AND OPERATION 
(Waterfront B)

Development and operation of western Canadian resorts, over the past decade, has not been for the faint of heart.  Significant supply increase through the early 2000’s were met with slowing demand, increasing operating costs and challenging markets over the past five years.  But what does the future hold and how will this future outlook differ by size, scale, positioning and marketing of resort product?  This session taps into a broad range of resort product/experience to suggest where we might be going.

Moderator:
Lyle Hall | HLT Advisory Inc.

Speakers:
Greg Ashley | Replay Resorts
Ed Romanowski | Bellstar Hotels & Resorts 
Connie Ruben | Rockwater Resort

3:30 pm - 4:00 pm NETWORKING COFFEE BREAK WITH SPONSORS
(Waterfront Ballroom Foyer)
 
AFTERNOON PLENARY SESSION #2

4:00 pm – 4:45 pm

KEYNOTE: DOUG PEARCE, CHIEF EXECUTIVE OFFICER/CHIEF INVESTMENT OFFICER, BRITISH COLUMBIA INVESTMENT MANAGEMENT CORPORATION 
(Waterfront Ballroom)

With $102.8 billion of managed gross assets, the British Columbia Investment Management Corporation (bcIMC) is one of Canada’s largest institutional investors within the global capital markets. bcIMC’s investments finance the retirement benefits of more than 500,000 plan members, as well as the insurance and benefit funds covering over 2.2 million British Columbia workers. Based in Victoria, British Columbia and supported by industry-leading expertise, bcIMC invests in all major asset classes: fixed income, mortgages, public equities, private equity, real estate, infrastructure and renewable resources.

bcIMC’s investment in hospitality includes the Canadian hotel brand, Delta Hotels & Resorts as well as SilverBirch Hotels & Resorts.   Hotel assets range from select service to destination resorts across Canada.  How does bcIMC approach hotel ownership, operation and value enhancement?  Join Bill Good, Radio Host on CKNW as he interviews  Doug Pearce, Chief Executive Officer/Chief Investment Officer, bcIMC .

4:45 pm - 5:00 pm

CLOSING REMARKS
(Waterfront Ballroom)

Speaker:
Monique Rosszell | HVS