Nick van Marken in conversation with Fettah Tamince, Founder and Chairman of Rixos and Gaurav Bhushan, Global Chief Development Officer of Accor on why they have done a joint venture and how they are disrupting the all-inclusive business model and how they intend to grow the brand and develop the experience side of the business.
Nick van Marken Managing Director – van Marken Limited
Nick van Marken
Managing Director – van Marken Limited
Following a career in professional services spanning nearly 30 years, Nick is currently acting as senior adviser to several hospitality investors. Until recently he was Global Head of Hospitality Advisory Services with Deloitte, where he served as a partner for 20 years and was based in London and the Gulf. In this role, he served a wide spectrum of clients, including private family/HNWI’s; PE, SWF, institutional, RE; and corporates, and encompassing owners, investors, lenders and operators. The range of services provided included commercial strategy and development advice; M&A/transaction services; operational/profit improvement reviews; capital-raising/IPOs; assurance; tax advice and restructuring.
Nick spent the early part of his career in hotel operations in Africa and Europe, working with Holiday Inn, Sun International, Gleneagles and Meridien. He has subsequently consulted in over 80 countries and 250 markets. He is a sought-after speaker and was the organiser and chairman of the highly-regarded European Hotel Investment Conference (EHIC), in London. Nick served on the board of global industry data provider STR from 2011 to 2017, and is a member of the advisory board of Bench Events.
Gaurav Bhushan Global Chief Development Officer – Accor
Global Chief Development Officer – Accor
Gaurav Bhushan is the Global Chief Development Officer of AccorHotels, responsible for the group’s hotel M&A and development strategies worldwide.
AccorHotels has more than 4,300 hotels hotels, resorts and residences, as well as in over 3,000 of the finest private homes around the globe. Benefiting from dual expertise as an investor and operator through its HotelServices and HotelInvest divisions, AccorHotels operates in 104 countries. Its portfolio comprises internationally acclaimed luxury brands including Raffles, Fairmont, SO Sofitel, Sofitel, onefinestay, MGallery by Sofitel, Art Series, Pullman, Swissôtel, 25hours, Movenpick, Banyan Tree, Grand Mercure, Peppers, The Sebel and Mantra as well as the popular midscale and boutique brands of Novotel, Mercure, Mama Shelter and Adagio; and the in-demand economy brands including Breakfree, ibis, ibis Styles, ibis budget, Hotel Formule1, and Jo&Joe. AccorHotels opened over 300 hotels in 2017 and has an active pipeline of over 900 hotels and 160,000 rooms. AccorHotels opens more than one hotel every other day somewhere in the world.
Reporting to CEO and Chairman Sebastien Bazin, Gaurav is responsible for the network growth for the group.
Gaurav began his career with AccorHotels in 1995 in Australia, Where he held various posts in operations and finance. From 2006 he headed the Asia Pacific development teams. He was promoted to Global Chief Development Officer role in July 2015.
Gaurav has an MBA from the Royal Melbourne Institute of Technology (RMIT University) and a Postgraduate Diploma in Applied Finance & Investments from the Securities Institute of Australia.
Fettah Tamince Founder and Chairman – Rixos Hotels
Founder and Chairman – Rixos Hotels
Mr. Fettah Tamince is a successful international businessman and one of the leading entrepreneurs in Turkey. His activities and investments extend to a wide range of industries including tourism, hotel management and investments, construction, real estate development and higher education. He is a risk taker and a problem solver with a mind toward bettering his surroundings.
Mr. Tamince focuses his business activities already in more than 10 countries, amongst them, primarily in Turkey, Russia, Kazakhstan, Egypt, GCC and Middle East countries. He has founded numerous successful companies and joint ventures in these countries and built strategic relationships with presidents, prime ministers, and other important players.
In 2016, a new generation of life and entertainment destinations, which have a big pre-requisite for Turkish tourism, has brought a new breath to Turkish tourism by passing the project of The Land of Legends.
In March 2017 Rixos Hotels has decided for further expansion and growth globally to co-operate with a strong partner in the hospitality industry and announced its strategic partnership with AccorHotels.