HD2010 Town Hall
Owners’ Roundtable
Presented by:
Generously underwritten by:
Mark David, Inc., Kohler Interiors Hospitality Group
th
8
Welcome to the
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
of Hospitality Purchasers
Prepared by:
The Hospitality Design Group/Nielsen Expositions
Prepared for:
The International Society of Hospitality Purchasers
www.ishp.org
May 20, 2010
5
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
19
Same
Down
SUMMARY
•
•
•
•
•
•
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
20
who’s who:
meet the table hosts…
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C.A. Anderson
executive vice president, development and acquisitions
Interstate Hotels & Resorts Inc.
22
Mari Balestrazzi
senior vice president design
Morgans Hotel Group
23
Maki Nakamura Bara
managing partner and co-founder
The Chartres Lodging Group, LLC
24
John C. Boettger
senior vice president – asset management
Hilton Worldwide
25
Peter Cyrus
managing partner
Montclair Hotels
26
Gary D. Dollens
global head of franchise & select brands
Hyatt Hotels Corporation
27
Michael Everett
senior vice president, hospitality investments
Destination Hotels & Resorts
28
Donald T. Griner, AIA, LEED AP
senior director, design & construction
Choice Hotels International
29
Gerard E. Haberman
senior vice president development,
design and construction
Host Hotels & Resorts
30
Helen W. Jorgensen, ISHP, LEED AP
vice president of design and procurement
Host Hotels & Resorts
31
Ron Kollar
chief design officer
Tishman Hotel Corporation
32
Igor Krnajski
senior vice president of design and construction
Denihan Hospitality Group
33
Raul Leal
president
Desires Hotels
34
Guy Lindsey
senior vice president design and construction
Sunstone Hotels
35
David McCaslin
CEO
EAC Hospitality
36
Michael Medzigian
chairman and managing partner
Watermark Capital Partners
37
Peter Reardon
vice president purchasing and procurement
White Lodging
38
Richard Senechal, AIA
senior vice president, facilities
Loews Hotels and Resorts
39
Larry Shupnick
senior vice president, development and acquisitions
Interstate Hotels & Resorts Inc.
40
Christian Strobel
chief development officer
Joie de Vivre
41
Michele Sweeting
senior vice president, capital planning & procurement
Four Seasons Hotels and Resorts
42
Larry Traxler
senior vice president global design services
Hilton Worldwide
43
Jack VanHartesvelt
executive vice president
Kennedy Associates Real Estate Counsel, LP
44
Michele Wimpling
vice president real estate and development
Fairmont Raffles Hotels International
45
Glenn Wilson
vice president international interior design
Marriott International, Inc.
46
HD2010 Town Hall
Owners’ Roundtable
Presented by:
Generously underwritten by:
Mark David, Inc., Kohler Interiors Hospitality Group