The event will take place from April 15th to 17th at the InterContinental and Pullman Hotels in Berlin.
LONDON, April 15, 2024 (Globe Newswire) — Questex’s International Hospitality Investment Forum EMEA (IHIF EMEA) opened with presentations from world-class experts in hospitality investing. The event will run until April 17, 2024 at the InterContinental and Pullman Hotels in Berlin. With over 2,500 attendees, IHIF EMEA 2024 is one of the largest gatherings of industry professionals in the region.
“The first day of IHIF is always high-energy and today was no exception. Over 2,500 of the best in the field arrived today and there was lots of networking, meetings and excitement around the exhibit area. Content sessions included Mr. James Pomeroy, Mr. HSBC, Mr. Ellie Maloof, Mr. Mark Hoplamajian, CEO of IHG Hotels & Resorts, Mr. Federico Gonzalez, CEO of Hyatt Hotels, and Mr. Sebastian Bazin, CEO of Radisson Hotels. , CEO of Accor, and former Belgian Prime Minister Guy Verhofstadt spoke today,” says Alexi Khajavi, President of Questex Travel & Hospitality Group.
IHIF EMEA 2024 began with the Investor Council, where investors expressed optimism about the direction of the trading market compared to six months ago, but rising geopolitical tensions are weighing on consumer demand and investments. He pointed out that both pose a serious risk. Despite these tensions and labor market-related pressures, investors continue to look to increase their allocations to hospitality as hotels continue to generate revenues well above 2019 levels, with several board members These members note that the lifestyle field is extremely attractive. .
On the main stage, the first day’s speakers focused on macros. Despite short-term geopolitical challenges, HSBC global economist James Pomeroy says there is talk of a growing middle class around the world, particularly in countries like India, highlighting the trend. did. He said, “Indian consumer demand, especially for international travel, will grow by 12% annually” every year for the next 20 years. This economy will completely change the way we think about global growth,” Pomeroy said.
Elie Maalouf, CEO of IHG Hotels and Resorts, said a “wave of retirement” is now here and that “we will have the healthiest and wealthiest generation ever for many decades.” He said it would encourage leisure travel.
Notice from IHIF partners:
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Global Hotel Alliance (GHA)the world’s largest alliance of independent hotel brands, started its 20th anniversary year on a high note, reporting strong first quarter results across all key performance indicators. [Press release]
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Grand Metropolitan Hotels With the creation of its own brand for the African market and the inclusion of Rainbow Hotels, Grand Metropolitan Hotels has become one of Africa’s leading providers, adding over 130 hotels to its portfolio. [Press release]
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room mate hotelRoommate Collection, a hotel chain founded in Spain in 2005 with an international presence, is launching its second brand, Roommate Collection, which pursues a new image and “quiet luxury.” [Press release]
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Marriott International Co., Ltd. announced plans to add nearly 100 properties and more than 12,000 rooms to its European portfolio through hotel conversion and adaptive reuse projects (converting existing buildings into hotels) by the end of 2026. [Press release]
For more information about IHIF EMEA 2024 and to register for the event, please visit the IHIF EMEA website.
Click here for a list of participating companies.
Stay connected with IHIF EMEA on X and LinkedIn.
About Questtex
Questex helps people live better and longer lives. Questex connects people to markets that help people live better: Travel, Hospitality and Wellness.industry that helps people Live long: Life sciences and healthcare.and the technologies that enable and drive them. new experience.we live experience economy – Connect your ecosystem through live events surrounded by data insights and digital communities. We bring you experience and real results. It happens here.
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