How do you mitigate against the fluctuations of Hospitality Real Estate Life Cycles through economic and geopolitical uncertainties? How are asset managers preparing for a long-term sustainable future with risk adjusted return and strategic planning?
René Beil President, HAMA MEA – Managing Director, Beaufort Global
President, HAMA MEA – Managing Director, Beaufort Global
Beaufort Global Partners LLC is a private boutique Investment, Asset Management & Development Firm specializing in hospitality real estate and public market ownership with a focus on hotels, commercial buildings, residential projects, and industrial complexes. The firm is based in Dubai, UAE
René Beil, Managing Director of Beaufort Global Partners LLC, brings a seasoned history in hospitality management, operations, finance, investments, asset management and business development to the group. He has led business development and growth initiatives on multiple continents as prime driver of investments, asset management, and new business development for Sovereign Wealth Funds, Government, Public & Private Companies, Royal Families, High Net-Worth Individuals as well as Family Offices.
He has a proven track record in organization building, discrete off market Private Negotiations & Transactions, Business Development to Asset Management from Boston to Buenos Aires, London to Paris through Dubai to Singapore as well as Hong Kong, accompanied by a comprehensive network of personal relationships at senior principal levels in, Government, Commerce and Finance.
Beil is of German nationality, was born in Singapore and raised in South East Asia, Bali, Manila and Hong Kong, He spent his adolescence in Europe, The Hague, Geneva, Brussels and Paris where he pursued a successful hotel career with InterContinental Hotels and Four Seasons Hotels & Resorts. Subsequently, he ventured to the United States of America, Boston, in the pursuit of academic achievements
From Boston University, Beil holds a Bachelor’s degree in Hotel Management, complemented by a Minor in Marketing and a Master’s degree in Finance and Economics. He is today a member of the Advisory Board to Boston University School of Hospitality
In his past appointment as Vice President Asset Management of Dubai Investment Group, Beil’s responsibilities included the asset management of the international hotel and real estate asset portfolio of Dubai Holding, which incorporated but not limited to the Burj Al Arab, Jumeirah Hotels & Resorts and other international real estate assets. Furthermore, he was mandated to seek investments, develop & grow markets in South America and cultivate business relationships between Middle East and LATAM.
Beil is currently leading the formation as one of the founding members of the Hospitality Asset Managers Association MEA (HAMA MEA) which is being launched during AHIC 2014. He is fluent in English, French, German, Dutch and proficient in Spanish.
In conversation with
Stuart Etherington Vice President Hospitality Asset Management – Dubai Holding
Vice President Hospitality Asset Management – Dubai Holding
Stuart Etherington – Vice President Hospitality Asset Management, Dubai Holding, one of Dubai’s leading real estate development organisations with an extensive diversified asset portfolio of residential, commercial, hospitality, retail and marina’s.
Etherington joined Dubai Holding Hospitality Asset Management December 2015, initially challenged to conceive within Dubai Properties business vertical, a new division providing recurring income through hospitality assets over and above the incomes already received from residential and retail assets.
In 2017 the DP portfolio was consolidated within a larger DH Hospitality division, that is responsible for all global hospitality assets, their strategic direction, operational asset management, growth and performance.
Key achievements include the implementation of DH Hotel asset management process manual, relating to both Hotel operational needs and hotel development, which has gained endorsement by HAMA (Hotel Asset Management Association) as industry “best practise” creating the Asset management DNA that delivers the vision and financial performance demanded by DH.
Previously, Etherington served three years as Director Hospitality Development of Omran, Oman’s tourism development company where he oversaw a network of renowned accommodation developments and operations.
Prior to joining Dubai Holding, Etherington spent 20 years in various leadership positions, Vice President - Kempinski Hotel Middle East, Africa and Indian Ocean, Global Hospitality Consultant - Woods Bagot, Australia and Development Director for Sir Terrance Conran, London.
Etherington started his career as an Hotelier in global upscale and luxury hotel chains based throughout Europe.
Etherington is a serving member of HOFTEL, HAMA and the Institute of Hotel Management.
Simon Hasdell Vice President, Asset Management – IFA Hotels & Resorts
Vice President, Asset Management – IFA Hotels & Resorts
An individual with extensive experience in hospitality and hotel development across three continents in 10 countries, including 15 years in the Middle East and 6 years in Japan. A commercial and strategic background in senior management roles over the last 30 years dealing with both multi branded hotels and Owner relations. Major strengths include implementation of change, leading multi-cultural teams and management of complex multi-million dollar projects and mixed use operating portfolios.
IFA Residential Services (Dubai, U.A.E.)
IFA Residential Services is a wholly owned subsidiary of publicly listed IFA Hotels & Resorts. Established in 2010, its’ role is to encompass and lead, on a worldwide scale, IFA Hotel & Resorts’ operational and in-development asset portfolio which covers hotels, hotel condominiums, residential and commercial units, golf courses, beach clubs, game reserve, retail and food and beverage ventures. Brands under management include Fairmont, Movenpick, Marriott/Starwood, sbe, and the IFA wholly owned Yotel Hotel Company, currently in expansion worldwide as well as the recently launched JV of Bespoke Hospitality, MEA Holiday Homes and Property Service business.
Vice President, Client Advisory-Hospitality
Leading the professional coordination between instigating and aligning a team of experienced hospitality operator and asset manager resources to ensure the maximization of Operators’ financial performance across a mixed use and worldwide portfolio with a value of over $2 billion.
B. R. Kiran Chief Portfolio Officer – Miral Asset Management
B. R. Kiran
Chief Portfolio Officer – Miral Asset Management
Have nearly 30 year’s experience in the field of Real Estate Development & Asset Management with major international property developers and related service providers.
Responsible for the Profit & Loss various developmental projects and operating assets in accordance with the Strategic, Development and Asset Management Plans. Lead, direct and manage the planning and execution of the organization’s Development and Asset Management activities.
Managing wide range of developments and assets namely Theme Parks, Museums, Arena, Mixed Use, Hospitality & Leisure, F & B, Retail, Residential, Marinas, Master Planned Communities, etc.
Notable projects are Palm Jumeirah, Gate District on Shams, Mohamed Bin Rashid City D1, Warner Brother Theme Park & Hotel, World Trade Center, Yas Marina, SeaWorld Abu Dhabi, Yas Bay Hilton Resorts, Qasr Al Wattan, etc.
Amit Nayak,CHA Vice President and Board Member – HAMA MEA
Vice President and Board Member – HAMA MEA
Amit is an asset manager with 18+yrs. of experience in asset management, private equity & operations. He is the Vice President of HAMA MEA , a Mentor at iN5 Dubai and on the executive board of the Cornell University Alumni association for GCC.
He leads the development of the hospitality division at WASL and part of the asset management team there. Prior to this he was the Managing Director of HighPoint providing Asset management & Investment advisory within the hospitality, PE & RE space within UAE, KSA & Europe as well Executive Manager for a family office in Bahrain where he managed as owner’s representative assets globally with international top tier operators.
He is an alumnus from the IHMCTAN, Mumbai School of hotel management as well from Cornell NY where he specialized in asset & revenue management with a post-grad in business administration from NMIMS, Mumbai. He holds a CHA license from AHLEI.