Managing Hotels Through Ultra-High Inflation
You have to cast your mind back to the early 1990s to recall the last time inflation ran rampant through the UK economy. This means that many people in the hotel market will not have the muscle memory for how to navigate this particular challenge. In addition, this particular inflation shock is different again as it is driven primarily by supply-side issues rather than a simple excess of demand. This event aims to shed some light on how this is playing out in the market in terms of top-line performance, the impact on profitability, what can be done operationally to cope with the issues and how it is impacting the financing and transaction markets.
There are a couple of short scene-setting presentations to kick off the proceedings by Thomas Emanuel, Director of STR Global, and Kathrin Cockhill, EMEA Director of Hotstats. These are followed by a lively panel session, including: Jan Hazelton (Kerzner), James Salford (Bird&Bird), and Graeme Smith (AlixPartners) – to be moderated by Russell Kett (HVS).
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