Business management & development
The inaugural Atlantic Ocean Hotel Investors’ Summit was held in Madrid on 16–17 January at the NH Collection Eurobuilding Hotel. Developed as an event run “by owners for owners”, according to its organisers, the summit provided a forum for hotel owning groups and the companies that provide services to them, such as brands, consultants, architects, law fi rms and more.
A wise T
he first Atlantic Ocean Hotel Investors’ Summit (AOHIS) was held on 16–17 January at the NH Collection Eurobuilding in Madrid.
The event’s organisers have hailed AOHIS as a great success in several ways: ■ The audience breakdown shows hotel owners (36%) and owner-operators (24%) comprised more than half of the room.
■ This is significant as it makes AOHIS the most investor-concentrated, paying hotel conference held to date in Europe.
■ Furthermore, the attendance was senior, with 38% of attendees being company owners and families,
■ Finally, the feedback was overwhelmingly positive; over 97% of respondents rated the content discussed as either ‘good’ or ‘excellent’, and 91% gave the same scores for the ability to network.
On the agenda The audience enjoyed a competitive pitch from four major European hotel funds, each extolling the benefits of their strategy, and then voted to allocate €100m of ‘theoretical’ funds across the platforms according to their preferences. The narrow winner was Archer Hotel Capital, whose strategy was brilliantly expounded by managing director,
investment
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Hotel Management International /
www.hmi-online.com
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