Press Releases

HAMA Europe Asset Management Achievement Award presented to Pyramid Hotel Group at IHIF


BERLIN (March 9, 2017): The second annual HAMA Europe 2017 Asset Management Achievement Award was presented to Chris Pfohl from Pyramid Hotel Group at the 20th International Hotel Investment Forum (IHIF).

The award is co-sponsored by HAMA Europe and Questex Hospitality Group and recognises exemplary work in asset management initiatives for the hospitality industry. The award was created to recognise the best hotel project in class which has led the way in terms of providing innovative solutions and maximising the return on investment as well as growing the asset value on a particular asset located in Europe over a time period of the last 3 years.

The Pyramid Hotel Group project was focused on the acquisition, renovation and re-positioning of The Temple Bar Hotel in Dublin, Ireland. The Pyramid group leveraged all aspects of operational and real estate optimization techniques to maximize value and transform the property, repositioning it from a 3-star to a 4-star segment.

In addition, and new for 2017, HAMA Europe has launched three further awards to recognize Sustainability, Value Add and Repositioning strategies within this area of the industry. The winners of these awards are: 
 IHIF HAMA Europe Value Add Strategy 2017
Union Investment Real Estate GmbH The project was focused on the Pullman Berlin Schweizerhof Hotel where Union Investment Real Estate GmbH changed the use of areas with the aim to increase EBITDA and also restructured the operational model, moving away from a direct lease contract to a tri-angle partnership balancing the interest of different parties and optimizing the asset value.

IHIF HAMA Europe Sustainability Strategy 2017
UBM Hotels Management GmbH The project was focused on developing an Energy Monitoring System across a portfolio of 15 hotels aimed to save energy consumption on a long term basis.

IHIF HAMA Europe Re-positioning Strategy 2017
Pyramid Hotel Group The project was focused on the acquisition, renovation and re-positioning of The Temple Bar Hotel in Dublin, Ireland.

Theodor Kubak, HAMA Europe President; Senior Investment Manager, Union Investment presented the awards and Kubak said: “All of this year’s submissions demonstrated world class hotel asset management skills. The winners displayed flawless execution of the core competencies of the hotel asset management profession as reflected in the HAMA Certified Hotel Asset Manager (CHAM) programme.”.

Kerry Gumas, President and Chief Executive Officer, Questex said “as the hotel investment cycle enters a period of slowing M&A activity, it is inevitable that more focus will be given to asset management activities and the skills required to understand how to make your existing investments work harder will be highly sought after. We’re happy to be working with HAMA Europe again on this initiative and see the introduction of the three sub categories as further evidence of the focus on this area of the industry. Our sincere congratulations to all the winners”. 
For more information and to register for IHIF visit www.berlinconference.com. Follow IHIF 2017 on Twitter @IHIF_News and use #IHIF2017 to stay up to date with the latest news from the leading annual meeting place for the industry. Also find us on Facebook and join our LinkedIn group for industry insight and discussion. 
For information on HAMA Europe, visit www.hama-europe.org.

ENDS

Editors notes:

About Questex Hospitality Group Questex Hospitality Group serves the worldwide hospitality, travel and related industries that together contribute over $6 trillion to global GDP. Through our innovative platform of targeted solutions, the group serves the sector’s entire ecosystem from tourism and hotel development and investment to hotel design, purchasing, management and operations. The Questex Hospitality+Travel Group serves every B2B segment of the industry via our proven demand generation, learning, loyalty and rewards solutions as well as our network of live events. For more information visit http://www.questex.com/markets/hospitality-travel.

 

Press relations

Emily Newman +44 (0)7771 686202 emily@delysmarketing.co.uk

Sponsorship enquiries

Tess Pearson +44 (0)1372 466579 tess.pearson@questex.com

Recent Press Releases

28 May 2019
IHIF 2020: Senior Hospitality Figures Assemble to Help Shape Industry Future

25 January 2019
HotStats to Sponsor 2019 HAMA Europe Asset Management Achievement Award at IHIF

20 December 2018
IHIF 2019 now accepting submissions for the Young Leader Award 2019

06 April 2018
Record breaking IHIF 2018 delivers across the board

15 March 2018
Tina Yu of KSL Capital Partners honored with ISHC Young Leader Award at IHIF

15 March 2018
‘Optimistic with a hint of caution’ was the sentiment at IHIF 2018

13 March 2018
IHIF 2018 – Programme Overview – Day 3 Summary

13 March 2018
IHIF 2018 – Programme Overview

13 March 2018
Breaking news from IHIF 2018

27 February 2018
Highest number of CEOs attend IHIF 2018

15 February 2018
Tina Yu awarded IHIF and ISHC Young Leader Award

07 February 2018
IHIF 2018 Launches the IHIF Hotel Tech Hub

11 January 2018
Adrian Zecha to be given IHIF Lifetime Achievement Award

19 December 2017
Now Accepting Nominations for the 2018 Young Leader Award presented at IHIF

07 December 2017
IHIF Partner with Women Talk Real Estate

25 May 2017
Industry Leaders Gather for IHIF Advisory Board

23 March 2017
Optimism Amongst Hotel Investment Community at 20th Anniversary Global Gathering

08 March 2017
Celebrating 20 years of IHIF

08 March 2017
HAMA Europe Asset Management Achievement Award presented to Pyramid Hotel Group at IHIF

08 March 2017
Day 2 Summary from IHIF

07 March 2017
Berlin, 6th March 2017 – Summary from Day 1

20 February 2017
Dedicated and Passionate Professional Wins IHIF Young Leader Award

Hosted by

Questex Hospitality Group

Our Other Events

The Annual Hotel Conference (AHC)

9-10- October 2019
Manchester, UK

Mediterranean Resort & Hotel Real Estate Forum (MR&H)

29-31 October 2019
Athens, Greece

Israel Hotel Investment Summit (IHIS)

20–21 November 2019
Hilton, Tel Aviv

Asia Pacific Hotel Investment Conference (APHIC)

25-26 April 2019
Bangkok, Thailand