generously underwritten by: mark david, inc., kohler interiors hospitality group hd2010 town hall...
TRANSCRIPT
Generously underwritten by:Mark David, Inc., Kohler Interiors Hospitality Group
HD2010 Town Hall Owners’ Roundtable
Presented by:
Welcome to the 8th Annual Town Hall
Michelle Finn
vice president
Hospitality Design Group
2
Education underwriter:
Mark Norcross
president & CEO
Mark David, Inc., Kohler Interiors Hospitality Group
3
Moderator
Alan Benjamin, ISHP, ISHC
president and CEO
Benjamin West
co-founder and past president, ISHP
4
Economic Indicator Study Economic Indicator Study of Hospitality Purchasersof Hospitality Purchasers
Prepared for:
The International Society of Hospitality Purchaserswww.ishp.org
May 20, 2010
5
Prepared by:
The Hospitality Design Group/Nielsen Expositions
PROPERTY SEGMENTS
6
HOTEL PROJECTS IN THE USA/INTERNATIONAL
7
CURRENT HOTEL PROJECTS
8
FREIGHT COSTS & DESTINATIONS
9
PRODUCT ORIGINS
10
NUMBER OF VENDOR RESOURCES
11
GREEN PROJECTS
12
OVERALL VENDOR LEAD TIMES
13
INCREASE IN LEAD TIMES – CATEGORY SPECIFIC
14
VENDOR DEPOSITS
15
PROJECT SCHEDULES
16
CURRENT BUDGETS YEAR-TO-YEAR
17
PRODUCT REPLACEMENT CYCLES
18
BUSINESS GROWTH – CHANGE IN NUMBER OF PROJECTS
Past 12
Months
Next 12
Months
Up Same Down
19
•Over 57% of the work is now in the mid-scale segments, with a sharp drop in upper upscale.
•Mostly located in the Northeast, Central and Southeast regions and an increase in direct to site shipments.
•A steady “Green” involvement in the project.
•Varying product lead times and replacement cycles, but increasing deposits.
•A slightly declining trend toward Asia, but with Asia still over half of all FF&E sourcing.
•And over half of the ISHP members think business will be up in 2011.
www.ishp.org
SUMMARY
20
who’s who:
meet the table hosts…
21
C.A. Andersonexecutive vice president, development and
acquisitions
Interstate Hotels & Resorts Inc.22
Mari Balestrazzisenior vice president design
Morgans Hotel Group
23
Maki Nakamura Baramanaging partner and co-founder
The Chartres Lodging Group, LLC
24
John C. Boettgersenior vice president – asset management
Hilton Worldwide
25
Peter Cyrusmanaging partner
Montclair Hotels
26
Gary D. Dollensglobal head of franchise & select brands
Hyatt Hotels Corporation
27
Michael Everettsenior vice president, hospitality investments
Destination Hotels & Resorts
28
Donald T. Griner, AIA, LEED AP
senior director, design & construction
Choice Hotels International29
Gerard E. Habermansenior vice president development,
design and construction
Host Hotels & Resorts
30
Helen W. Jorgensen, ISHP, LEED AP
vice president of design and procurement
Host Hotels & Resorts31
Ron Kollarchief design officer
Tishman Hotel Corporation
32
Igor Krnajskisenior vice president of design and
construction
Denihan Hospitality Group33
Raul Lealpresident
Desires Hotels
34
Guy Lindseysenior vice president design and
construction
Sunstone Hotels35
David McCaslinCEO
EAC Hospitality
36
Michael Medzigianchairman and managing partner
Watermark Capital Partners
37
Peter Reardonvice president purchasing and procurement
White Lodging
38
Richard Senechal, AIAsenior vice president, facilities
Loews Hotels and Resorts
39
Larry Shupnicksenior vice president, development and
acquisitions
Interstate Hotels & Resorts Inc.40
Christian Strobelchief development officer
Joie de Vivre
41
Michele Sweetingsenior vice president, capital planning &
procurement
Four Seasons Hotels and Resorts42
Larry Traxlersenior vice president global design services
Hilton Worldwide
43
Jack VanHartesveltexecutive vice president
Kennedy Associates Real Estate Counsel, LP
44
Michele Wimplingvice president real estate and development
Fairmont Raffles Hotels International
45
Glenn Wilsonvice president international interior design
Marriott International, Inc.
46
Generously underwritten by:Mark David, Inc., Kohler Interiors Hospitality Group
HD2010 Town Hall Owners’ Roundtable
Presented by: