Tuesday, January 31st, 2023
The Omni King Edward Hotel | Location: Crystal Ballroom
12:00pm - 1:00pm
Networking Lunch
1:00pm - 1:15pm
Welcome & Opening Remarks
Stephanie Gadbois
Stephanie Gadbois
Managing Director
Big Picture Conferences

1:15pm - 1:30pm
As of today, this is what we know.
Alam Pirani
Alam Pirani
Executive Managing Director | Hotels | Canada & Caribbean
Colliers Hotels

1:30pm - 2:15pm 
Session #1:
 
CF-oh! What’s been learned, what may be in store…
 

These leading CFOs, lenders and principals have seen it all. In the last twenty-four months, hotel and resort asset performance has gone anywhere from zero to the stratosphere. What were the lessons learned and how does 2023 look? Recession, interest rates, lender and brand temperament, and anticipated Chinese leisure travel will all play key factors, each with a direct impact on your hotel assets and operations.  This session is a primer for what's coming at the sector.

 

Moderator:
Darren Schmidt
Darren Schmidt
Managing Director, Portfolio Manager, Head of Origination
IMC

Panelists:
Daniel Hsieh
Daniel Hsieh
CFO
Easton's Group of Companies

George Kosziwka
George Kosziwka
Chief Financial Officer
InnVest Hotels

Blake Lyon
Blake Lyon
Chief Executive Officer
Skyline Investments

2:15pm - 3:00pm 
Session #2:
 

From Canada to beyond. Matching valuations with equity return expectations-valuing and underwriting hotels in today’s market with renovation capital in mind.

These principals and professionals have bought, managed, appraised, and advised on hotel transactions right through Covid to today.  Understand the pace of investment activity, why existing capital is staying within and new equity is floating into the sector, and the mandated supporting and cogent underwriting rationale. Cap rates to-date haven’t moved much - hear what these experts are anticipating.

 

Moderator:
Zach Pendley
Zach Pendley
Real Estate and Hospitality Transactions and Valuations Lead
EY Canada

Panelists:
Mathew Jalazo
Mathew Jalazo
Senior Vice President, Development
Urgo Hotels

Alan Perlis
Alan Perlis
President & Chief Executive Officer
Knightstone Capital Management Inc.

3:00pm - 3:30pm
Networking Coffee Break
3:30pm - 4:15pm 
Session #3:
 
Spotlight on material legal and lending trends, issues, and challenges.
 

Ownership and operating pressures have been extreme, and a balancing act. In many instances, the shareholder and mortgage docs that were put in a drawer years ago, hoping to not see them again, have now been yanked out.  What legal and finance considerations are important today and what should you anticipate. Partners, lenders and brands have been super-patient. Will it be status quo, or will stakeholders now want to enforce? Find out what you can do to protect yourself and manage through another bumpy year.

 

Moderator:
Alexis Levine
Alexis Levine
Partner
Blake Cassels & Graydon LLP

Panelists:
Christopher Alam
Christopher Alam
Partner & Lending Practice Group Leader
Gowling WLG

Beverley Flynn
Beverley Flynn
Senior Vice President, General Counsel &Secretary
Morguard Corporation

Phil Thompson
Phil Thompson
Transaction Lawyer, General Counsel
Thompson Transaction Law

4:15pm - 5:00pm 
Session #4:
 
Ahhhh, so you DO have money to lend!
 

Many lenders won’t lend right now but these engaged financiers and brokers have the capital or know where exactly to find it. Yes, pricing and terms have moved but the need for an imminent refinancing or acquisition capital persists. Find out the terms, asset types and markets within which they will step up. This session will expedite your search for debt capital.

 

Mark Kay
Mark Kay
Principal
CFO Capital

Panelists:
Sanjay Arora
Sanjay Arora
Managing Director
BMO

Ihsain Chahim
Ihsain Chahim
Vice President, Financing & Consulting
BDC

Cameron Woof
Cameron Woof
AVP, Hotels & Syndication
CWB Franchise Finance

5:00pm
Closing Remarks
Stephanie Gadbois
Stephanie Gadbois
Managing Director
Big Picture Conferences