Wednesday, 15 September 2021
At-a-glance →08:00 - 09:00
Networking
Registration & welcome coffee in the Sponsors' Showcase
09:00 - 09:20
WELCOME REMARKS
Marina Franolic
Managing Director Central and Eastern Europe, Bench Events
09:20 - 10:10
HOW SERIOUS ARE WE ABOUT THE FUTURE? ARE WE PLANNING ONLY FOR TOMORROW OR FOR LONG TERM?
Moderator:
Mislav Togonal
Journalist, Croatian Radiotelevision
In conversation with:
Gregor Famira
Partner, CMS Reich-Rohrwig Hainz
Theodor Kubak
Managing Partner, Arbireo Hospitality and Value One Hotel Operations
Dunja Mazzocco Drvar
Director for Climate Activities, Ministry of Economy and Sustainable Development
10:10 - 10:30
ECONOMIC OUTLOOK
Vuk Vukovic
Co-founder and CEO, Oraclum Intelligence Systems
10:30 - 10:50
HAS EVERYTHING TURNED UPSIDE DOWN AND SHOULD WE PREPARE FOR CONSTANT DISRUPTION?
Moderator:
Marija Crnjak
Journalist, Poslovni dnevnik
In conversation with:
Camil Yazbeck
Senior Vice President, Head of Development Europe, Accor
10:50 - 11:15
Networking
Coffee break in the Sponsors' Showcase
11:15 - 11:55
CAPITAL FLOWS & INTERESTS
Moderator:
Tonci Korunic
Partner, InterCapital
In conversation with:
Johannes Boeck
Chairman of the Supervisory Board, Liburnia Riviera Hoteli
Ludovit Cernak
Managing Partner, SHRE Sitno Holding Real Estate
Kurt Werth
Senior Advisor, Revetas Capital
11:55 - 12:20
POLICIES FOR SUSTAINABLE TOURISM
Moderator:
Peter Greenberg
Travel Editor, CBS News
In conversation with:
Megan Epler Wood
Managing Director, Sustainable Tourism Asset Management Program (STAMP), Center for Sustainable Global Enterprise, SC Johnson College of Business, Cornell University
12:20 - 13:00
RESTARTING TOURISM & DESTINATIONS
Moderator:
Ljubica Knezevic Cvelbar
Professor, School of Business and Economics, University of Ljubljana
In conversation with:
Aris Ikkos
Research Director, Institute SETE (INSETE)
Petra Stusek
Managing Director, Ljubljana Tourism
Leslie Vella
Deputy CEO and Chief Officer Strategic Development, Malta Tourism Authority
13:00 - 14:15
Networking
Lunch break
14:15 - 14:30
WTTC GLOBAL INITIATIVES AND PROSPECTS FOR THE REGION
George Tziallas
Regional Director, World Travel & Tourism Council (WTTC)
14:30 - 14:50
RETROSPECTIVE ON 2020 AND OUTLOOK ON 2022
Thomas Emanuel
Director, STR
14:50 - 15:40
RESILIANCE AND BRIGHT SPOTS OF THE REGION
Moderator:
Ruzica Herceg
Managing Partner, Hotel & Destination Consulting
In conversation with:
Nikola Avram
CEO, Alpha Hotel Management
Christian Michel
Vice President Development Europe, Wyndham Hotels & Resorts
Zeljko Stasevic
General Manager, Kempinski Hotel Adriatic
Hylko Versteeg
Head of Development Southern Europe, IHG Hotels & Resorts
15:40 - 16:00
FUTURE OF CITY HOTEL MARKET
Moderator:
Vedrana Likan
Managing Partner, Colliers Croatia, Slovenia & BiH
In conversation with:
Nicolas Horky
Fund Manager, Velvet hotel sub-fund
Zivorad Vasic
Area General Manager, InterContinental Hotels Group
16:00 - 16:20
Networking
Cocktail break
16:20 - 16:50
HOW TECHNOLOGY CAN IMPROVE PROCESSES AND RESULTS AND BRING HIGHER PROFITS?
Moderator:
Tobias Brown
Managing Director, B2H Scout (Business 2 Hospitality)
In conversation with:
Robert Kempton
Global Director - Hotels, Schneider Electric
Stefan Schlachter
Head of Sales for Eastern Europe, IDeaS
Alessandro Tedesco
Chief Operating Officer, FEBC group
16:50 - 17:30
HOTEL VALUATIONS, FINANCIAL RESTRUCTURING AND FINANCING OF FURTHER HOSPITALITY DEVELOPMENTS
Moderator:
Monika Zec
Head of Investment Banking, InterCapital Securities Ltd
In conversation with:
Alina Cazachevici
Head of Hotel Valuation CEE&SEE, Cushman & Wakefield
Goran Kralj
Member of the Management Board, PBZ Croatia Osiguranje
Filip Mocibob
CFO, Liburnia Riviera Hoteli
Jelena Nushol Fijacko
Partner, Bardek, Lisac, Mušec, Skoko and partners in cooperation with CMS Reich-Rohrwig Hainz
20:00
Networking
Networking Dinner
El Toro Restaurant & Bar
(address: Fra Filipa Grabovca street 1, Zagreb)
Marina Franolic
Managing Director Central and Eastern Europe, Bench Events
Marina began her hospitality career at the Glion Institute of Higher Education and the Hotel Savoy, Rocco Forte group, in Florence. After several years outside of the hospitality industry, in 2012 she established her own company with the goal of bringing global trends to the regional industry.
In 2013. Adria Hotel Forum was launched with an idea of showcasing world trends, sparking the creation of new ideas and partnerships and overall development of the hotel industry. Within years, AHF confirmed to be the only internationally recognized hotel investment conference within the South Eastern Europe whose partners are global companies.
In 2017, the company started a unique event with a goal of bringing trends into everyday hotel operations – HOW /Hotel Operations Weekend/ Festival that gathers every year more than 500 participants.
In 2018, the company has been rebranded as HESA Group and served as the connoisseur of the regional market and opportunities.
In addition, Marina is Industry Advisory Board Member at Glion Institute of Higher Education and holds both Croatian and Italian citizenship.
Mislav Togonal
Journalist, Croatian Radiotelevision
Mislav Togonal (1973.), journalist, editor and anchor on HRT. Editor and anchor of daily talk-show „Otvoreno“ on CH1 of Croatian television and weekly talk-show „Poligraf“ at CH1 of Croatian radio. He is also news editor on Croatian radio. Mislav Togonal has diploma in Croatian language and literature.
Gregor Famira
Partner, CMS Reich-Rohrwig Hainz
Gregor Famira is a partner at CMS Reich-Rohrwig Hainz in Vienna. He founded the CMS offices in Zagreb (in 2003) and Ljubljana (in 2008) and also heads both offices. He also coordinates the law firm’s activities in the field of real estate in CEE.
He has been active in the CEE region for 20 years now, during which time he has overseen numerous corporate and real estate transactions in the region.
Gregor Famira specialises in the asset class hotels, advising owners, financiers and operators/retail businesses on transactions, rent and leasing contracts, franchise and hotel management contracts as well as real estate development projects.
In addition to that, he has focused on supporting mostly Austrian start-ups since 2005.
Theodor Kubak
Managing Partner, Arbireo Hospitality and Value One Hotel Operations
After training at the hotel management school in Vienna, Theodor entered the hotel industry in multi-layer management positions that led him to three continents. This was followed by hotel asset management and operational consulting for concept development, markets and feasibility studies, interim management, pre-opening task force, mystery shopping, executive search. From 2007 to 2018 Theodor worked with one of the most active institutional hotel investors in Europe. In this role he oversaw around 45 hotel transactions in Europe and the USA worth more than two billion euros. In 2016, he was presented with an ALIS Award in Los Angeles for Best Hotel Development and Best Single Hotel Transaction in the USA.
Since 2019, Mr. Kubak has been managing partner of Arbireo Hospitality and Value One Hotel Operations.
In his spare time, Mr. Kubak gives guest lectures at various universities, has been co-authoring hospitality books (such as most recently: The Routledge Companion to International Hospitality Management" https://www.routledge.com/The-RoutledgeCompanion-to-International-HospitalityManagement/Gardini-OttenbacherSchuckert/p/book/9781138386372) and is involved in the industry in various think tanks and organizations: Mr. Kubak is co-founder and served as 1st President of the Hotel Asset Manager Association Europe (HAMA Europe www.hama-europe.org) and currently acts as a member of the Supervisory Board.
Dunja Mazzocco Drvar
Director for Climate Activities, Ministry of Economy and Sustainable Development
Forecaster in National Meteorological Service for 13 years with experience in working groups for nowcasting and short to long-range forecasting. TV weather presenter for 17 years, communicator of weather, and climate change. Since 2020 fully focused on sustainable development, for a short while as a Senior Expert in an NGO implementing projects in the field of climate change and energy transition, educating about and advocating for green policies, now as the Director for climate activities in the competent Ministry.
Vuk Vukovic
Co-founder and CEO, Oraclum Intelligence Systems
Vuk is the co-founder and CEO of Oraclum Intelligence Systems, a UK-based data science company that uses the power of social networks to predict election outcomes, product demand, consumer behaviour, and financial markets. They’ve created a disruptive innovation that successfully predicted both Brexit and Trump in 2016, and Biden in 2020, all within 1% accuracy, along with many other events and economic outcomes. Vuk holds a PhD from the University of Oxford, an MSc from the London School of Economics, and a BA from the University of Zagreb. He attended summer schools at Berkeley and Harvard, and was a visiting scholar at the University of Cambridge. He is happily married and a father of three.
Marija Crnjak
Journalist, Poslovni dnevnik
With over 20 years of experience in daily journalism, Marija Crnjak covers a variety of business stories for Poslovni dnevnik, Croatian business daily. For the last 10 years, she has been researching the hospitality and travel market, as well as the real estate market, developments in Croatia and the region. Like for any journalist and researcher, the covid pandemic has lately been her focus of interest, with all the implications for different parts of the economy, especially tourism.
Camil Yazbeck
Senior Vice President, Head of Development Europe, Accor
Camil Yazbeck leads the development of Accor’s diversified brand portfolio throughout Northern Europe, reinforcing Accor’s #1 position by increasing development across Europe.
Northern Europe is one of Accor’s largest regions, comprising 1,100 hotels and 156,000 rooms located in more than 30 countries across UK&I, Benelux, Nordics, DACH, Russia & CIS and Eastern Europe. Northern Europe is a high potential region for Accor, boasting a pipeline of over 250 hotels and 38,000 rooms with continuous growth driven by key existing and emerging markets.
Prior to joining Accor, Camil was Partner and Investment Director – Hospitality & Leisure at Patron Capital, a leading Pan-European private equity real estate investor representing approximately €4.0 billion of equity across several funds and related investments including 60+ hotels throughout Europe, where he led all aspects of origination, acquisition, underwriting, execution and asset management of Hospitality related investments for seven years.
Before joining Patron, Camil spent over 20 years in the hospitality industry, focusing on all levels of hotel management in a variety of roles around the world and held several senior leadership positions with international hotel companies.
Camil joined Accor in 2020 leading a team committed to driving the business in Europe through both organic growth and acquisitions. Accor has an unrivalled portfolio of brands from luxury to economy, and 50 years’ experience as a leading operator and hospitality provider. Beyond accommodations, Accor has a proposition and brand portfolio for guests to live, work and play, with development opportunities with Food & Beverage, nightlife, wellbeing, and co-working brands in addition to short, long and residential accommodation propositions
Camil is French and Lebanese. He earned his MBA in International Hotel Management from IMHI – a joint programme between Cornell University, Ithaca, and ESSEC business school, Paris
Tonci Korunic
Partner, InterCapital
Born 1972, graduated on the Zagreb Faculty of Economics in 1998. Started his career in PLIVA, a pharmaceutical company, first as an assistant to CFO in charge of Risk Management (1998) and from 2001 as a Head of the Group Treasury.
Joined InterCapital in 2003 as a partner. He was responsible for launch and setup of Asset Management operations, and since 2012 is in charge of Investment Banking.
Areas of expertise include Investment Banking, Asset Management, Corporate Financing – via public markets and with commercial & supranational banks.
Married, father of 3 daughters.
Johannes Boeck
Chairman of the Supervisory Board, Liburnia Riviera Hoteli
Ludovit Cernak
Managing Partner, SHRE Sitno Holding Real Estate
Seasoned international professional within R/E sector focused on development of new residential zones throughout Czech and Slovak market with investments and existing projects on Croatian Coast, his actual focus is on leisure residential market in medium to large seafront projects. For more than a decade Ludo is representing several institutional investors from UK, Scandinavia, and CIS region. Between 2005 and 2010 served as the executive board member of Slovan Bratislava – leading Slovakian soccer team. He’s graduate of City University in Bratislava, holds an MBA from OUBS in United Kingdom and currently resides in Prague. He’s fluent in English and Spanish. Ludo is married, father of two and a passionate athlete.
Kurt Werth
Senior Advisor, Revetas Capital
Kurt Werth: Senior Advisor, European Hotel Partnership Investment Platform
- Mr Werth joined Revetas in July 2020 as a Senior Advisor responsible for leading the European Hotel Partnership Investment Platform
- Prior to joining Revetas, he was the CEO of a Intesa San Paolo owned Bad Bank in Hungary with Euro 4bn in AUM.
- He was responsible for managing 40 hotels in Hungary owned by the Bank as well as circa Euro 800m in hotel debt restructurings.
- Prior to joining Intesa, Mr Werth was an M&A Partner for Deloitte Corporate Finance focussed on Central & Eastern Europe.
- Mr Werth is currently based in Vienna, Austria
Peter Greenberg
Travel Editor, CBS News
A multiple Emmy-winning investigative reporter and producer, Peter Greenberg is America’s most recognized, honored and respected front-line travel news journalist. Known in the travel industry as “The Travel Detective,” he is the Travel Editor for CBS News, appearing on CBS This Morning, CBS Evening News and CBS Sunday Morning. And his national CBS EYE ON TRAVEL radio show is broadcast from a different location around the world each week.
The consummate insider on reporting the travel business as news, Peter Greenberg hosts the public television show The Travel Detective with Peter Greenberg. The series offers 40+ half-hour episodes that seek to empower audiences with travel news, must-have information, insider tips known only to a select few, and hidden gem destinations not found in traditional guidebooks or brochures. And for the past 20 seasons, Greenberg has hosted and produced "The Royal Tour", a series of global television specials with sitting heads of state, where these world leaders take Greenberg on a personal tour of their countries -- ranging from the King of Jordan to the President of Mexico, the Prime Minister of New Zealand to the President of Rwanda, the President of Ecuador to the Prime Minister of Israel, among many others.
Travel Weekly named Peter Greenberg one of the most influential people in travel, along with Bill Marriott and Sir Richard Branson. He was inducted into the U.S. Travel Association’s Hall of Leaders for his contributions to the travel industry. Among his other honors, Peter Greenberg received a News & Documentary Emmy Award as part of the NBC News Dateline team for outstanding coverage of a breaking news story, “Miracle on the Hudson.”
Peter Greenberg began his career in journalism as West Coast correspondent for Newsweek in Los Angeles and San Francisco. He also won a national Emmy Award for Best Investigative Reporting for the ABC 20/20 special on the final orphan flight out of Vietnam, “What Happened to the Children?” He also is the recipient of the Distinguished Service Award in Journalism from the University of Wisconsin, and an Excellence in Broadcasting Award from the Aviation Space Writers Association of America.
And when he is not reporting all over the world, Greenberg is an active volunteer fireman in New York.
Megan Epler Wood
Managing Director, Sustainable Tourism Asset Management Program (STAMP), Center for Sustainable Global Enterprise, SC Johnson College of Business, Cornell University
Megan Epler Wood is a thought leader, pioneer, teacher, speaker and consultant on questions of managing sustainable tourism for destinations, business, and civil society. She has led her firm EplerWood International since 2003 to design net positive regional tourism development projects working in over 25 countries with support from the World Bank, IFC, IDB, GIZ and USAID. From 2010-2021 her research and on-line courses at Harvard University vetted a wide range of solutions to help protect destinations using science-based, technology-powered measures together with socially and environmentally responsible business development techniques. As Managing Director of the Sustainable Tourism Asset Management Program (STAMP) at Cornell SC Johnson College of Business, she leads research on sustainable use of global resources and is presently dedicated to addressing the tough questions of Building Back Better tourism sustainably as it scales upward after the historic COVID 19 downturn of 2020-2021. Epler Wood has produced two key reports on this topic in 2020 found here in partnership with the Pacific Asia Travel Association. She wrote her 2017 book, Sustainable Tourism on a Finite Planet while at Harvard and the 2019 report Destinations at Risk; The Invisible Burden of Tourism working with the Travel Foundation and Cornell to speak to a broad audience and address the gaps in governance, business and civil society models for meeting the aspirational goals of sustainable tourism worldwide.
Ljubica Knezevic Cvelbar
Professor, School of Business and Economics, University of Ljubljana
Ljubica Kneževic Cvelbar (PhD) is full professor at the School of Business and Economics, University of Ljubljana and a visiting professor at more than 30 universities worldwide. She holds a PhD in Economics at University of Ljubljana, while her expertise is in the fields of tourism economics and sustainable development. Ljubica has 15 years of academic and professional experience as a professor, researcher and consultant. She has been involved as a researcher or consultant in more than 50 projects including European Parliament and European Commission funded projects, UNDP grants, research and consulting projects for national governments of Slovenia, Croatia, Macedonia, and Montenegro as well as many consultancy projects for local municipalities and SMEs. She has published more than 40 papers in refereed tourism journals including top-tier Journals such are: Journal of Travel Research, Annals of Tourism Research and Journal of Sustainable Tourism. Her research work had made significant impact on sustainable tourism development globally and was awarded with most prominent international scientific awards in tourism including Tea Sinclair Award for Article Excellence (2016, 2019) and 2019 Charles R. Goeldner Article of Excellence Award. Ljubica also serves as Editorial Board Member in six international academic Journals and is member of AIEST (Worldwide network of tourism experts). She also act as a president of Strategic Partnership for Research and Innovation in Tourism, a cluster of more than 50 key stakeholders in tourism in Slovenia.
Aris Ikkos
Research Director, Institute SETE (INSETE)
Dr. Ikkos coordinates and monitors the Research and Documentation centre of the Institute of the Greek Tourism Confederation (INSETE).
Current research projects are developed along the axes of Digitalisation, Sustainability, Quality and Human Resource development with the aim to improve the competitiveness of Greek tourism and address Manpower and Training issues in tourism.
Prior to his current position, he had been consulting the Greek Tourism Industry since the late '80s and he has been involved in numerous projects ranging from destination development and regional tourism planning to market research and investment appraisal for all forms of private and public tourism infrastructure (e.g. hotels, marinas, casinos, spas, managed attractions and conference centers).
Dr. Ikkos holds a Ph.D. (Econ) from the University of London. He is also a Certified Trainer from the UK Institute of Training and Development. He is the only Greek member of the by-invitation-only International Society of Hospitality Consultants and he has also been a member of The Academy of Experts, a body providing accreditation of Expert Witnesses.
Petra Stusek
Managing Director, Ljubljana Tourism
Ms Petra Stušek is the Managing Director of Ljubljana Tourism, which she initially joined in 2002. She holds a degree from the Faculty of Arts in Ljubljana and has obtained a Master’s degree in Tourism and a second one in Sales from the School of Economics & Business, University of Ljubljana. After serving for two years as a Board Member, Ms Stušek has in June 2019 been elected President of European Cities Marketing – the leading European association in the field of managing tourism both Leisure and Meetings Industry in city destinations. On Friday 19 March 2021 she was re-elected for the second term.
In recent years, her team has won several prestigious titles, such as “WTM Responsible Tourism Award 2017 – Best for Communication”, “WTTC Tourism for Tomorrow” 2015 award for Ljubljana as the most sustainable destination in the world, and the “Digital Tourism Think Tank” award for the web portal content. Ljubljana also won the ETIS and Accessible Tourism Joint Award 2016 in the category "Environment and accessibility as a catalyst for sustainable and responsible growth".
The promotional campaign celebrating the Jože Plečnik Year in 2017 received the Emerging Europe Tourism Campaign of the Year 2018 award.
Ljubljana also won in two categories of the European Capital of Smart Tourism, a new European Commission initiative (Sustainable Tourism in 2019 and Digitalisation in 2020).
Leslie Vella
Deputy CEO and Chief Officer Strategic Development, Malta Tourism Authority
Leslie Vella was born in Floriana, Malta in 1964 and graduated from the University of Malta with a BA (Hons) in Business Management in 1988.
He can boast of a 38 year career in tourism with the Malta Tourism Authority where he has occupied various senior management positions in the organisation and is currently Deputy CEO and Chief Officer Strategic Development. His major expertise is in the fields of Policy, Strategy, Tourism Research and Planning.
Leslie has also been very active on the international front with a 17-year stint as Chair of the European Travel Commission’s (ETC) Market Intelligence Group between 1997 and 2014 and also served as ETC’s Vice President between 2016 and 2017. He is currently Malta’s Focal Point to the UNWTO.
In 1999 he co-authored a study on “The Economic Impact of Tourism in Malta”, and in 2015 was the main drafter of Malta’s National Tourism Policy document covering the period 2015-2020. More recently he drafted Malta’s Tourism Strategy and Recovery Plan for the period 2021-2030. Amongst his duties at the Malta Tourism Authority, he currently manages the setup responsible for executing Malta’s Airline Route Development Strategy.
George Tziallas
Regional Director, World Travel & Tourism Council (WTTC)
George Tziallas is Regional Director at World Travel &Tourism Council (WTTC) and Tourism Technical Advisor for the Region of North Aegean in Greece. He had served as Secretary-General in the Greek Ministry of Tourism from September 2015 until July 2019. He holds a Diploma in Civil Engineering from the University of Patras, Greece and a Master's Degree (M.Sc.) in Urban and Regional Planning from the University of Tennessee at Knoxville, USA.
He has a twenty-five year professional experience in management consulting, specializing in tourism development and planning, local and regional development, as well as in the management, monitoring and evaluation of EU Programmes and projects, in Greece and abroad.
George has worked in senior positions in management consulting firms for more than twenty years, and served as a member of the Board of Directors of the Hellenic Association of Management Consulting Firms (SESMA). He has been the project manager of large-scale technical assistance projects at national and EU level and has an excellent knowledge of the Greek public administration procedures, as well as of the EU Structural Funds context.
He has participated as key-note speaker and moderator in many international tourism and economic forums and conferences. He also served as Vice-Chair of the Bureau of OECD Tourism Committee and has worked as an Expert in World Tourism Organization (UNWTO), specializing in tourism innovation, digital transformation and investments.
Thomas Emanuel
Director, STR
Thomas Emanuel is a Director at STR. He is based in London, and leads a team focused on driving business with Industry Partners.
He has spent his entire career in the hotel industry, beginning in 2000 with Miki Travel, before joining Hyatt Hotel & Resorts, where he gained experience in corporate sales at both the worldwide sales office and at property level. Thomas then led the corporate sales function for Hazlitt’s Hotels, a group of independent boutique hotels in London.
In 2006, Thomas joined the Deloitte HotelBenchmark team, where he was responsible for creating and leading the department’s business development function. He held this role until the formation of STR in March 2008, and had since focused on overseeing STR’s rapid expansion outside North America. Throughout his time with STR, Thomas has gained a wealth of experience working with hotels, investors, developers, consultants, banks, governments, destination management companies and many others.
Thomas has been a guest lecturer at Ecole hôtelière de Lausanne, and been invited and participated in the OECD's high level meetings on tourism policies.
Travelling extensively, Thomas has worked in over 45 countries across 6 continents and regularly speaks at major hospitality conferences around the world. He is also frequently interviewed for his insights on the hotel industry by news outlets including CNN, Bloomberg, CNBC, as well as various tourism and hospitality publications.
Ruzica Herceg
Managing Partner, Hotel & Destination Consulting
Ružica Herceg is Managing partner with Hotel & Destination Consulting, a boutique consulting firm specialized for hospitality and tourism projects with long-standing experience and international credentials of its partners and associates.
Ružica has 20 years of consulting and hospitality industry management experience in South East Europe. She has worked with the leading hospitality companies, investors, financial institutions and funds and global hotel companies. Ružica has broad industry knowledge and many years of experience in managing and coordinating complex hotel projects. Having managed more than 100 projects in the region (Croatia, Slovenia, Serbia, Bosnia and Herzegovina, Montenegro, Macedonia and Romania), Ružica has gained valuable market recognition, allowing her to work on the most outstanding projects.
Given such a background and passionate interests in hospitality, Ružica’s focus was primarily directed towards development projects of various hotels and resorts – from best use concepts, feasibility studies, valuations, support in mergers and acquisitions, management contracting.
Prior to joining consulting business, where she was having a senior partner role for last 10 years, she started her career in banking sector, where she obtained valuable experience on financing. She also served in financial department of the biggest Croatian company, that brought her experience in corporate finance matters, as well as the operational experience.
Together with her former partners and colleagues from one of the leading international HTL consultancies, she found HTL consulting company with a mission to provide clients with innovative, well-founded solutions.
Nikola Avram
CEO, Alpha Hotel Management
CEO with extensive experience in hospitality industry.
With 20+ years of hotel and resort industry experience including renowned international and regional groups in SE Europe such as Valamar Hotels & Resorts, Vienna International, Adriatic Luxury Hotels and MK Group hospitality, he brings know-how to all phases of hotel property management from concept and development to operational execution and long term planning.
Nikola Avram is from 2019 a founder of Alpha Hotel Management and currently serves as CEO.
He is responsible for the company vision, business development and operational execution.
Delivering exceptional guest service, aligned with the standards and requirements of international partners for each represented brand using a deep knowledge of the local market combined with Marriott International certificate, guarantee that both property owners and international partners get the highest value from each project – from the conceptual phase to the hotel operations.
Nikola Avram has joined MK Group in 2010 as the CEO of MK Mountain Resort and since then he has played a key role in designing and executing the company strategic plans with the aim of strengthening the Group’s Brand Strategy. He has been responsible for initiating the company’s commercial transformation in accordance with digitalization and innovation of the hotels’ products and services.
He was managing a number of acquisition processes in order to position MK Hospitality Division as the leading regional hotel company in the Western Balkans.
Christian Michel
Vice President Development Europe, Wyndham Hotels & Resorts
As Regional Vice President Development for Europe at Wyndham Hotels & Resorts, Christian Michel is responsible for leading the company’s growth strategy and execution in the region.
Joining the company as Director of Development for Eastern Europe in 2004, Christian’s remit has expanded to more markets over the years, more recently to cover the whole European region. A 40-year industry veteran, Christian served various General Manager positions for recognised hotels brands in different countries, including Ramada by Wyndham, Swiss Inn and Mövenpick Hotels.
Christian is a native Swiss and has has lived and worked in the UAE, Egypt and Switzerland, he speaks French, English and German. He holds a bachelor degree in Catering Trade from the Hotel School in Lausanne, as well as a Swiss Confederation Certificate of Marketing.
Christian started his career as a professional chef for The Gstaad Palace and food remains one of his biggest passions, along with travelling.
Zeljko Stasevic
General Manager, Kempinski Hotel Adriatic
Željko joined Kempinski Hotel Adriatic in December 2020 as General Manager, from his assignment as a consultant of the hotel division for MK Group in Belgrade. He has more than 25 years of experience in managing and realigning four- and five-star hotels, Michelin-star restaurants, nightclubs, bars, golf clubs and fitness clubs and has started his hospitality career as a sommelier working at renowned institutions such as Harvey Nichols, Marco Pierre White and Claridges, then moving into hotel operations as Operations Director within the UK. In 2004, Željko moved to Belgrade to take on his first assignment as a General Manager. Returning to London in 2006, he joined Westbury Hotel on Bond Street, where he also held the position as General Manager for five years, prior to moving to their corporate division. Željko spent most of his career in the UK and besides his association with Westbury he held General Manager positions with Luxury Collection and with IHG in Wembley.
Hylko Versteeg
Head of Development Southern Europe, IHG Hotels & Resorts
Hylko joined the development team of IHG in May of 2006 and has overall responsibility for the growth of the IHG portfolio in Spain, Portugal, Italy, Greece, Cyprus, Malta and the Balkans.
Prior to joining the development team in 2006, Hylko worked in the hotel sector with Hyatt and in several Hotel & Tourism Consulting roles in Spain and Latin America for an international consulting company and the CAF (Corporacion Andina de Fomento – the Andean Community Development Bank).
Hylko holds a bachelor degree in European Hospitality Management & Hotel Administration from The Hague Hotel School and has lived in over 10 countries throughout his life. He lives in Madrid with his wife and two daughters and his hobbies include tennis, kite surfing and motorbikes.
Vedrana Likan
Managing Partner, Colliers Croatia, Slovenia & BiH
Vedrana Likan's name in the business world of Croatia and the wider Adriatic Region is synonymous with real estate, investments, intellectual entrepreneurship, green transition, sustainable economy, but also women's leadership, promoting positive changes in society and systematic efforts to empowering women in business.
Vedrana is a Managing Partner of Colliers, a leading global consultancy firm whose business for Croatia, Slovenia and Bosnia and Herzegovina she has been running for 16 years already. She is also one of the founders of SOS Zagreb – association dedicated to promotion of civil rights, transparency and justice in context of reconstruction of public and private buildings destroyed during series of severe earthquakes that stroke Zagreb in 2020. During last 15 years, she has been President of the British Chamber in Croatia, Vice president of American Chamber of Commerce, and the initiator, founder and president of the Croatia Green Building Council, where she holds a lifetime position of honorary member.
After Faculty of Political Sciences in Zagreb, she graduated from the New York Institute of Finance with a degree in Mergers and Acquisitions, and the Academy for Political Development and the UN Academy. She holds an EMBA title at an international school in Zagreb, while in 2018 she became a certified expert according to RICS standards, the greatest professional recognition in the segment of investments and real estate in the world. In 2021, she is back to school at the University of Oxford at Organisational Resilience Programme.
For many years, Vedrana has been active as a mentor in numerous domestic and foreign programs dedicated to the promotion of entrepreneurship among women and youth. She actively participates in the establishment of new and innovative educational and mentoring programs, the most recent of which is "Women in the lead" delivered by Academy for Political Development and under the auspices of the US Embassy in Croatia. In 2012, Vedrana has been awarded "The Woman of the Year” for professional achievements and commitment to the empowerment of women in business. What followed is her author project "21 paths to success" and LeaderSHE conference - projects that from today's perspective can rightly be called a milestone in promoting women's leadership, raising awareness of the challenges that women face on the path to success, and empowering women in the Croatian business environment.
Vedrana is a frequent guest lecturer at colleges, institutes and universities. She actively participates as a program advisor, moderator and panellist in the leading conferences in Croatia, region and Europe on the real estate and investments. She is giving her professional contribution by acting in the juries and judging panels of prestigious European awards such as the Emerging Europe Leaders Award.
For 5 years in a row, the International Property Awards have recognised Colliers Croatia "Consultant of the Year" while in 2020 it has been named the Best Consultant in Southeast Europe. This year Colliers has won two distinguished awards – Prestige Award For Best Investment Management Company; and Best place to Work in Croatia.
Nicolas Horky
Fund Manager, Velvet hotel sub-fund
Nicolas has more than 15 years of experience in real estate, focusing on the hotel asset class. After starting his career in Prague in 2005 at MaMaison Hotels & Residences part of the Orco Property Group, Nicolas launched a consulting business (SNH Consulting) in Prague in 2009 covering the CEE region. He then worked at Principal Real Estate Europe in London between 2015 and 2020, within their hotel investment team.
Nicolas now works at Ott Ventures (Group Ott) and manages the Velvet Hotel sub-fund.
Zivorad Vasic
Area General Manager, InterContinental Hotels Group
Živorad Vasić graduated from Boston University majoring in hotel administration and finance, Magna Cum Laude. Thesis in the field of economic and financial indicators in the hotel industry brought him the master's degree.
He is a lecturer at the Faculty of Economics in Belgrade and at Singidunum University.
After 17 years in the United States, Živorad Vasić returned to Serbia. His US profession took him from Boston to eight other US cities and 11 hotels, where he held prestigious positions. He has been working in Delta since 2008. Today, as a Senior Vice President for Delta Holding Živorad is a member of Executive Board and Managing Board of Company. Also he is Regional Director for InterContinental Hotels Group.
He is a member of the Serbian Association of Managers, Serbian Business Club “Privrednik”, Untitled Governor of AmCham Board of Governors and the member of the Board of Directors for Junior Achievement Serbia.
He has won a number of prestigious awards in the field of hotel management.
Živorad is fluent in English and French.
He is married to his wife Tamara and their son Petar is 10 years old.
Tobias Brown
Managing Director, B2H Scout (Business 2 Hospitality)
Tobias Brown is Managing Director of B2H Scout (Business 2 Hospitality), an independent advisory service providing development and support for both corporate and resort developers and investors in hospitality. Main focus scouting, acquisition, positioning, branding, franchising, investment & operator searches, business models, transaction support, contract negotiations, concept planning, and operational support with interim management for turnaround, distressed assets. To date lodging concepts have included a wide spectrum of hostels, serviced stay, budget economy, midscale hotels, independent and branded properties, from boutique/ designer to midscale full service resort hotels with rental and exchange concepts; new build, conversions and mixed-use. Current and recent clients include BlackFire Capital + Property, Yays, easyHotel Plc., ACHAT Hotels, Schulz Hotels, SACO & Locke, Oaktree, Qbic Hotels (Cerberus Global Investments), Meininger, Premier Inn, NOVUM, TUI Hotels & Resorts, Leonardo Hotels, Solutions HI®, Rickmers Hotelbetrieb GmbH (Helgoland Island), 25hours, Habitels Hospitality Management, prizeotel, citizenM and AUCTUS Capital Partners GmbH (a private German investment fund) focusing on development and investment opportunities in D-A-CH, CEE, SEE, Caribbean, Thailand regions and more recently mixed-use resorts and other alternative lodging concepts in the Adriatic, focusing on Croatia, Montenegro and Serbia.
More recently Tobias was responsible for heading up the development and roll out of the easyHotel low budget brand in its new conceptual look via acquisition, lease and franchising in primary and secondary cities in DACH, CEE, CIS and Nordic regions, implementing an ‘Op.Co’ / ‘Prop.Co.’ strategy, with particular focus on conversions and turn-key opportunities and franchising in Israel.
Since March 2016 Tobias is also Operating Partner from Cornucopia Capital Ltd., a boutique equity fund focused on deal origination, financing and investment with particular expertise in the property, retail and leisure sectors. In particular on asset led deals, also assisting management teams to raise private equity financing for a wide range of transactions including buy-outs, buy-ins and development capital. To date projects have included branded mixed-use resorts in Southern France, Balearics, Austria, Turkey and UK, German hotel portfolio and stand-alone hotels in Italy.
Tobias partnered as Chief Development Officer for BMHG - Berlin Munich Hospitality Group, a German based ‘white collar’ hotel investor / operator company with 5 million Euro seed capital, developing and operating as ‘preferred partner’ branded hotels. Was also Senior Consultant at Treugast Solutions and Project Developer at Loginns Immobilienentwicklungs GmbH developing over 15,000 m² of midscale holiday, an all year round resort in Salzburgerland with rental & exchange concept. Prior to that he was with Wyndham Hotel Group (formerly Cendant) as Director International Development for Central & Eastern Europe developing and expanding their franchise and management systems in CEE region, working closely with its' affiliate company RCI Europe, world’s largest vacation exchange and membership business, including Novasol and Landal.
During almost 25 years of experience in the hotel sector, he also held several senior roles in sales & marketing and operations management within the luxury hotel and tourism industry in Germany, USA and United Kingdom with Dolce Hotels & Resorts, InterContinental Hotels Group, Rosewood Hotels & Resorts, the Savoy Group, Peninsula Hotels and the Bayerischer Hof in Munich.
Tobias holds degrees and diplomas from Westminster College, London and Cornell University, Ithaca, USA. He is also an active member of the Cornell University Alumni, currently as Regional Director of the CHS German Chapter and a Founding Member of the CHS AlpAdria & Eastern European Chapter, which he co-founded in 2007. In Hamburg, Tobias actively supports the Anglo-German Business Club.
Robert Kempton
Global Director - Hotels, Schneider Electric
Robert leads Schneider Electric’s hotel business for Europe. He has over 12 years’ experience advising owners, investors and designers on creating and managing high performing and efficient hotel assets. He holds a Masters of Science degree from the University of Nottingham and resides in London, UK.
Stefan Schlachter
Head of Sales for Eastern Europe, IDeaS
Having held highly-esteemed senior positions within tour and travel organisations across Europe, Stefan Schlachter boasts an extensive background in the travel and hospitality trade. Currently the head of sales activities at IDeaS for Eastern Europe, Stefan advises and collaborates with hotels on revenue management strategy, organisation and solutions for long-term, sustainable revenue success.
Alessandro Tedesco
Chief Operating Officer, FEBC group
Alessandro Tedesco is an Italian-born hospitality, manufacturing, and operations expert with over two decades of experience. A stalwart in the procurement and supply chain industry, Tedesco is the
Global Chief Operating Officer of febc Group, responsible for implementing daily operations, strategies and policies across the company’s 12 global offices.
Tedesco joined febc Group in 2012 where shortly after, he became the company’s Regional Director for the Middle East and Africa markets. In 2014, he was promoted to Global Chief Operating Officer and has since driven a global restructuring of febc Group, taking it from a project management company anchored in procurement, to an internationally acclaimed multimodal hospitality solutions enterprise.
At febc Group, Tedesco has designed and executed digital transformation through the automation of its proprietary procurement solution, to ensure transparency, efficiency, and quality control management throughout entire project life cycles. He spearheaded febc Group to achieve six global ISO Certifications, alongside overseeing internal efficiencies, including employee productivity and growth. Tedesco is pivotal in driving the company’s vision, operational strategy and recruitment policies, to build a highly inclusive company culture.
Tedesco’s experience in retail, hospitality and commercial sectors has enabled him to lucratively implement numerous productive and innovative measures at febc Group. His passion and dedication have placed the company on a clear course to deliver revolutionary solutions for the hospitality industry, identifying gaps within the market to take febc Group and its clients to the next phase.
Prior to joining febc Group, Tedesco was responsible for setting up the Middle East operations for Italian companies looking to enter and expand in the FF&E and contract supply segments.
Monika Zec
Head of Investment Banking, InterCapital Securities Ltd
Monika joined InterCapital Securities Ltd, the largest private financial institution in the region in 2011 and is currently leading their Investment Banking Department. She has over 10 years of experience in finance, executing a range of sizeable transactions in the M&A and capital markets space. She is covering a large spectrum of industries but specializes in tourism and wood sector. Monika holds a BSc in International Economics from Bocconi University an executive education from Columbia Business School. She is currently also a postgraduate student of Management at London School of Economics.
Alina Cazachevici
Head of Hotel Valuation CEE&SEE, Cushman & Wakefield
Alina joined Cushman & Wakefield Global Hospitality in 2016 and is based in Prague, Czech Republic. Alina is leading the Hotel Valuation and Advisory team for Central and Southern Eastern Europe, delivering services like feasibility and concept studies, valuation, commercial due diligence, investment opportunity analysis, and others.
Before joining Cushman & Wakefield, Alina worked for six years in business valuation and advisory in a consultancy company in Moldova, and two years in corporate finance in international corporations, focusing on financial analysis, business modeling, and development strategy assessment. Alina is also teaching seminars at the Company Valuation course at Charles University in Prague and is a member of RICS.
Goran Kralj
Member of the Management Board, PBZ Croatia Osiguranje
Mr Kralj joined PBZ Croatia osiguranje in July 2019, current AUM is EUR 3bn.
Prior to joining PBZ Croatia osiguranje, he worked for a 15 years as the Director of asset management and Chief portfolio manager of Erste Plavi pension funds with EUR 2bn in AUM.
Prior to joining Erste Plavi, Mr. Kralj was fund manager in Raiffeisen Invest, and chief dealer in treasury division in Zagrebacka banka.
Mr. Kralj has more than 20 years of experience in capital markets, focusing on the portfolio management and valuations of different asset classes.
Filip Mocibob
CFO, Liburnia Riviera Hoteli
Filip Močibob holds the CFO position of Liburnia Riviera Hoteli, the biggest tourism company in Opatija riviera region which is also known as the “Pearl of Adriatic”. Before joining Liburnia Riviera Hoteli he was in charge of numerous managing positions in the biggest Croatian tourism company, Valamar Riviera, including Head of Finance and Investors relations, hence supporting the company growth and creating additional value to all stakeholders by integrating capital allocation to strategic priorities, managing company debt-based capital structure and fundraising arrangement, as well as shaping company’s strategy and strategic initiatives to broaden the institutional supply across a variety of investor segments and types of financing structures.
Jelena Nushol Fijacko
Partner, Bardek, Lisac, Mušec, Skoko and partners in cooperation with CMS Reich-Rohrwig Hainz
Jelena Nushol Fijačko became a member of the team in 2006. She primarily advises clients on banking and finance matters and restructurings, but also works on M&A transactions.
Jelena regularly works on various real estate, tourism and hotel industry, shopping center and retail chain development projects, infrastructure projects, industry investments and renewable energy projects. She also advises clients on restructuring projects and on regulatory matters specific for banking and financial market. Jelena has worked on the largest non-performing loan transactions in Croatia and CEE region and gained significant experience in that field.
Many years of work for international and Croatian clients (primarily banks, funds and financial institutions), as well as experience in different types of projects has resulted in Jelena’s excellent understanding of client’s business and ability to respond to their specific needs.
Jelena is fluent in Croatian and English.
Client Quotes:
"She is very organised and co-operative."
Chambers & Partners, 2020
Clients appreciate that "she's on top of things and constantly in the loop.""She's very precise," notes another interviewee, going on to explain: "She is able to structure her advice in a way that is understandable.””
Chambers & Partners, 2019
“’Pragmatic and solution-oriented' team head Jelena Nushol has been particularly active for lenders and borrowers on shopping mall financings/refinancings.”
The Legal 500, 2019
We were especially satisfied with their professional and very pleasant approach. They provided a very high level of support and advice in all our communication.
The co-operation is excellent, and to a high professional standard. They delivered on time and were at our disposal whenever we needed.
She has remarkable communication skills and I feel confident in her whenever we work together.
Chambers & Partners, 2018
Clients praise Jelena Nushol for giving "holistic advice" and "understanding the business”.
Chambers & Partners, 2017
Impressed clients praise Jelena Nushol as a "knowledgeable and proactive" lawyer, who "shows a lot of initiative" in finance mandates.
Chambers & Partners, 2016