ALUMNI PROFILES
MATT KENT

An 11-year veteran of HVS Hotel Management, Matthew Kent has left the HVS family after accepting the position of Managing Director of Peter Island Resort & Spa (http://www.peterisland.com/) in the British Virgin Islands.

The good news is that Peter Island, with whom we have worked with for over two years, will continue to be one of HVS Hotel Management’s valued Asset Management clients.

Matt joined HVS Hotel Management back when it was American Hospitality Management Company as General Manager of a hotel in Boynton Beach, Florida, where he also had regional responsibilities over hotels in Daytona Beach. He was instrumental in developing and opening a hotel in Sebastian, Florida, shortly after joining the company. Within a few years, Matt was promoted to Senior Vice President Operations with responsibility for overseeing the company’s entire portfolio.

Matt helped HVS Hotel Management develop an excellent team approach to working with first class and luxury hotels, resorts and lifestyle/boutique hotels. In addition to Peter Island Resort & Spa, HVS’ current Asset Management clients include the Sagamore Hotel, Fisher Island Resort & Spa, Carolina Inn, and a Courtyard by Marriott adjacent to the U. S. Capitol.

We’d like to wish Matt the very best and want him to know that he will be sorely missed by all. Matt will be succeeded by Terry Bickhardt, formerly Co-President of Waterford Hotel Group.

For more information on HVS Hotel Management please contact Kirby Payne at KPayne@HVSHotelManagement.com.

ALISON TAN

Alison Tan serves as an Associate at Cushman & Wakefield Sonnenblick Goldman, specializing in financing and investment sales for hospitality assets. Since 2007 she has advised on over USD $2 billion of transactions representing a variety of institutional and opportunistic investors as well as ownership/management companies.

Prior to joining Cushman & Wakefield Sonnenblick Goldman, Alison worked as a Senior Associate for HVS New York. Her experience includes feasibility analysis, market studies, acquisition due diligence, and the valuation of hotel, resort, and mixed-use developments for a variety of institutional, corporate banking and individual clients. Alison has also held various management positions with Four Seasons Hotels and Resorts at the Four Seasons Hotel New York.

Alison holds a Bachelor of Science degree from the Cornell University School of Hotel Administration and is a member of the national chapter of the Cornell Hotel Society.
DAMIEN GREENWOOD

Damien Greenwood came to HVS Boston as a Senior Associate in March of 2006. During his tenure with us he was engaged in many notable assignments. Highlights of his career with HVS included being the point person on a 28-asset portfolio acquisition by Rockwood Capital from Ocean Properties, the appr>aisal of a proposed hotel at the Gillette Stadium (home of the New England Patriots), and the due diligence for a proposed water park hotel in Upstate New York. In May of 2007, Damien left HVS to pursue his MBA at Cornell University's Johnson School of Management. He was a recipient of the Park Fellowship, which is a merit-based, two-year full tuition scholarship and stipend. Selection of this fellowship is based on leadership, professional achievements, public service, and academics. Damien is scheduled to receive his MBA in 2009.

Damien is currently working on a start-up real estate investment fund with several of his peers at the Johnson School. The target fund size is $2 to $3 million. The goal is to teach real estate focused MBA students how to analyze real estate investments in both the public and private markets, with a long term vision of creating a real estate investment fund that allows students to invest in public real estate companies and place direct investments.

We expect great things from Damien and will update you in the future as to his progress!
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DEREK OLSEN

Derek Olsen, an alum of the HVS Miami office, is presently a Director with Capital Hotel Management, Beverly, MA. Prior to this he was working as a Director with O'Connell Hospitality Group in Boston and performed portfolio analyses, provided transaction services for major financial institutions, implemented disposition plans of national real estate companies for non-strategic assets, evaluated alternative land uses and sourced financing for hotel and resort acquisitions and development projects.

With HVS, Derek completed consulting assignments involving projects with a market capitalization in excess of USD $3 billion. Derek is also an alum of Cornell University, School of Management (Class of 1992) and Massachusetts Institute of Technology (Class of 2000). He co-authored 'The Impact of E-Commerce on Commercial Real Estate'.
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ELIF BALI
Vice President, Hotel Acquisitions & Development
Loews Hotels

In her role at Loews Hotels, Ms. Bali is responsible for growing the company through acquisitions, management contracts and new developments. Most recently these have included the development of the Loews Atlanta Hotel slated to open in 2010, the acquisition of the Loews Lake Las Vegas Resort in Henderson, NV (formerly a Hyatt Regency) and the addition of The Madison, A Loews Hotel in Washington DC to Loews Hotels' managed portfolio. Prior to joining Loews Hotels in 2003, she was a Vice President at Sonnenblick-Goldman Company, a real estate investment banking firm where she participated in the marketing, structuring and closing of over USD $2 billion dollars in hotel capital transactions. Earlier in her career, Ms. Bali focused on appraisal and valuation work at the private hospitality consulting firm HVS International, as well as hotel operations with Hyatt Hotels. Ms. Bali is a graduate of the School of Hotel Administration at Cornell University. She has recently completed her third year of teaching a graduate level Hotel Market Analysis class at NYU's School of Continuing and Professional Studies. Professional affiliations include New York Commercial Real Estate Women (NYCREW Network), where she served on the Board for five years, as well as Women's Hospitality Investment Network (WHIN), where she is a member of the leadership committee. Ms. Bali lives in Brooklyn, NY with her husband Fred Holland.
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GEORGE COMITOS

George Comitos an alumnus of the HVS San Francisco office, is presently a senior analyst (commercial real estate appraiser) at Integra - San Francisco, San Francisco, CA. George is a California State Certified, Commercial Real Estate Appraiser. Prior to his current position, George was employed at Washington Mutual Bank, Specialty Finance Group, and Hulberg & Associates, Inc. (a San Francisco Bay Area commercial appraisal firm). George received the Appraisal Institute’s MAI designation in 2009, and appraises a variety of commercial real estate property types, including: retail; office; industrial; and of course, lodging and hospitality properties.

Thanks to Susan Mellen, and Stephen Rushmore, both fellow MAIs, for the chance to enter this profession and to follow in their footsteps!

While at HVS, George completed numerous appraisal, and appraisal consulting assignments and wrote several articles involving hospitality and lodging properties located within nine-county San Francisco Bay Area. George is also an alum of Cornell University (SHA Class of 1999 - the last graduating class of the 20th Century).

George A. Comitos
CA OREA #AG029752
Integra - San Francisco
East Bay Office
200 Pringle Avenue, Ste. 325
Walnut Creek, CA 94596
(925) 938-2600, ext. 102
(925) 930-6880 FAX
gcomitos@irr.com
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KIMBERLY MOFFITT HEHIR

Kimberly Moffitt Hehir has served as Vice President of strategic planning for The Leading Hotels of the World Ltd. since 2003. She is responsible for managing the company's 11 joint ventures and ancillary businesses, and acts as a liaison between each department within the organization to ensure that all goals are consistent with the company's strategic plan. Kimberly is also responsible for sourcing and evaluating new business opportunities and implementing those which yield a substantial return on investment, deliver value to the shareholders, enhance member benefits, and will achieve the company's overall goal of becoming an all-inclusive provider of goods and services to the luxury marketplace. Prior to joining The Leading Hotels of the World, Ltd., Kimberly was a Senior Investment Analyst at Shaffer & Company, which owned and asset managed over USD $1 billion of luxury hotel properties.

Kimberly was a senior investment analyst at Shaffer & Company, which owned and asset managed over USD $1 billion of luxury hotel properties, many of which are members of The Leading Hotels of the World. Prior to that, she was the global director of marketing and corporate communications for Sonnenblick-Goldman Company, an international real estate investment-banking firm averaging USD $10 billion in annual transactions. Before joining Sonnenblick-Goldman, Kimberly was the director of strategic marketing for HVS International.

Recently named as one of Travel Agent Magazine's "Most Powerful Women in Travel," Kimberly has authored numerous articles; lectured at various universities, including Cornell University, Pennsylvania State University, Sacred Heart University and NYU where she was an adjunct professor; spoken at a number of conferences, including the World Congress for Tourism, the NYU Investment Conference, the Lodging Conference, the AH&MA Annual Conference, European Leisure Real Estate Symposium and the Relais & Châteaux Annual Conference; and organized large industry events including the Asia's Hotel Investment Conference and the United Nations Conference for Tourism.

A graduate of Cornell University's School of Hotel Administration, Kimberly is a member of the President's Council of Cornell Women, has served as the Cornell Hotel Society's New York City Chapter President since 2003, and is a member of the Board of Directors for HMS World Supply, LLC, a technology company that provides electronic commerce solutions to global companies.

Look out for more updates on Kimberly in this space!
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LINDA YANG

Linda serves as a director of The Ackman-Ziff Real Estate Group, specializing in financing and investment sales for hospitality assets. Previously with Sonnenblick Goldman, Linda completed USD $2 billion in hotel transactions, representing a variety of institutional and opportunistic investors, in addition to owner/operators. While at HVS International, Linda consulted and appraised in excess of USD $2 billion in hospitality real estate.

Her experience included feasibility analysis, market studies, acquisition due diligence, and the valuation of hotel, motel, resort, and mixed-use developments for a variety of institutional, corporate banking and individual clients. Linda has also held various management positions with Four Seasons Hotels and Resorts at the Four Seasons Hotel in Philadelphia. Linda is a graduate of Cornell's School of Hotel Administration and is a board member of the Cornell Hotel Society's New York City Chapter.
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LUCIENNE ANHAR

After graduating with a BSci from the Lausanne Business School of Hospitality Management, Lucienne Anhar worked for HVS in New York, where she was in charge of appraising over 60 hotels and worked on hospitality consulting projects and feasibility studies. After almost three years in HVS, she rejoined her family business in Bali and Java, Tugu Hotels Group (www.tuguhotels.com). She developed and operates four luxury art hotels and two private villas in Bali and Java, as well as four independent fine dining restaurants in Jakarta.

For her, Tugu, the group of hotels and restaurants, is very special - They are small but quite well known now for their unique hospitality and artful design. It's really something she is very proud of.
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MARK OWENS

Mark Owens serves as a Managing Director of Ackman-Ziff and is responsible for the origination and placement of hospitality related transactions, including debt, equity, joint venture equity and transaction sales. Mark was formerly a Vice President at Sonnenblick Goldman and closed USD $3 billion in transactions representing a variety of institutional and opportunistic investors as well as ownership/management companies.

Mark also worked at HVS New York office, where he consulted on more than USD $2 billion in hospitality real estate, including expert testimony, valuations, feasibility analysis, operational consulting and strategic marketing initiatives.

Mark Owens is a graduate of Cornell's School of Hotel Administration, is an active participant in the Cornell Hotel Society's New York Chapter, and has been a frequent guest lecturer at New York University.
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PHILIPP VON BODMAN

Philipp von Bodman joined the head office of Grand City Hotels & Resorts in December 2008. In his role as Corporate Analyst, he analyses the performance of individual properties within the hotel portfolio on a monthly basis and reports back the results directly to the owners. Furthermore, he also evaluates and assists in the acquisitions process of new properties. The company has shown rapid growth in the last 3 years, starting with 15 properties in 2006 and has now grown to owning and operating 60 hotels under its own brand and under various international franchise brands.

Prior to joining Grand City Hotels & Resorts, Philipp was Asset Manager at Mountain Capital Ltd., a private equity investor based in London with a hotel portfolio of 20 properties within the European market. He also worked at Hotel IQ as a mystery shopper and assessed the quality of more than 120 hotels within the 4&5-star markets in over 120 countries. At HVS London Philipp performed a number of valuations and feasibility studies in Europe and Africa. He describes his time with HVS as this "stepping stone to the hospitality industry".

Philipp graduated from IMHI-Paris in 2004 with an MBA in International Hotel Administration and joined the exchange program with Cornell University's MMH program for one semester in 2003.

Philipp says, "I have fond memories of my work experience with the HVS team in London, which offered me the opportunity to work with and learn from a vast group of young professionals from all over the world."
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PEGGY YIP

Peggy Yip joined the Hong Kong office of Horwath HTL in June 2006. Since that time, Peggy has conducted a number of feasibility and market studies as well as renovation and repositioning studies throughout Mainland China and North Asia. Peggy has also been involved with management selection process for prominent developers in Asia. Prior to joining Horwath HTL's consulting team, Peggy worked at the global headquarters of Hotel Valuation Services (HVS) in New York, United States and has worked on nearly 100 projects ranging from valuations to market studies throughout North America. These projects encompass all industry segments including 5 star city hotels, resort properties, mid-scale regional hotels, budget hotels, and mixed-use developments. Peggy has also authored several hotel related articles in international lodging trade journals. Peggy has a Bachelors and Masters of Science in Hospitality, Tourism and Travel from New York University, New York, United States of America.
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SEAN A. HEHIR

Based in New York, Mr. Hehir is Managing Director of Trinity Investments, LLC, a global real estate investment firm with offices in New York, Honolulu, Mexico City and Tokyo. He is responsible for overseeing the firm's investment activities including sourcing and executing investment opportunities, formulating investment strategy, structuring acquisitions and dispositions, and asset management.

Mr. Hehir has more than 12 years of comprehensive experience in North American and international real estate investments, primarily hospitality related. While at Trinity Investments, LLC and its predecessor company, Trinity Investment Trust L.L.C. Mr. Hehir has executed over of USD $3 billion of hotel/resort and commercial real estate investments.

Prior to joining Trinity, in 1998, Mr. Hehir worked for HVS International as a Senior Associate performing in-depth market studies, financial analyses, income and expense projections, valuations and feasibility studies, competitive market and property positioning studies, and operational reviews for hotels ranging from limited service to full service corporate and resort properties.

Mr. Hehir, an Irish citizen, was raised predominantly in Botswana and also lived in South Africa, Australia and Switzerland. He holds a Diploma in Hotel Administration from the Hotel Institute Montreux, Switzerland and is a graduate of Cornell University with a Bachelor of Science degree in Hotel Administration.
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WENDY L. PONG

Wendy is the Senior Manager of Brand Standards & Compliance for Sheraton Hotels & Resorts, based at the White Plains, New York global headquarters of Starwood Hotels & Resorts Worldwide. She manages the Sheraton global assurance program for over 400 Sheratons worldwide. Prior to this role, she served as a Manager in the Joint Ventures & Dispositions team within Starwood's Real Estate Group.

Prior to working at Starwood, Wendy spent a number of years working in both hotel operations and hotel consulting, both domestically and internationally. The hotels in which she has worked include: The Mayfair Regent in New York City, The Regent Hong Kong, Hotel Vier Jahreszeiten in Hamburg, Germany, and La Samanna in St. Martin, French West Indies. Wendy also spent several years working as a Senior Associate for HVS International in Mineola, New York, providing hospitality consulting and appraisal services.

Wendy is a Valedictorian of Brooklyn Technical High School. She holds a Bachelor of Science degree from Cornell University's School of Hotel Administration, where she graduated with Distinction and was named a Cornell National Scholar and a Cornell Tradition Fellow. Wendy also holds a Master of Science degree from New York University's Real Estate School.

Born in Hong Kong, Wendy immigrated to the U.S. at the age of 10 and spent her teenage years growing up in Staten Island, New York. Wendy currently resides in Fort Lee, New Jersey with her daughter Allison and her son Ryan.

Wendy has served as a Board Member of the New York City Chapter of Cornell Hotel Society and has been involved with the Cornell Alumni Ambassador Network. Wendy is fluent in Cantonese and is proficient in German. Her passions in life include food and travel.
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ALUMNI PROFILES
 
Matt Kent
Alison Tan
Damien Greenwood
Derek Olsen
Elif Bali
George Comitos
Kimberly Moffitt Hehir
Linda Yang
Lucienne Anhar
Mark Ownes
Miguel Rivera
Philipp von Bodman
Peggy Yip
Sean A. Hehir
Wendy L. Pong
 
ALUMNI NEWS
 
Hooked, Booked and Soon to be Cooked
HVS New York alumni Gustav C. Bjoern and fiancé Alexandra, a doctor in general medicine working in Copenhagen, have known each other since play school. Romance finally bloomed over New Year’s Eve champers in 2006 when he returned from Boston for Christmas with the family. Gustav and Alexandra have spent much of their courtship in two different cities but all that is set to change after their wedding in May 2010 when Alexandra will move to Wiesbaden where Gustav is currently VP Property Finance with Aareal Bank.
New York Nuptials
HVS New York alumni Susanne Frey and Sunil Hariani tied the knot on July 11, 2009. They are now back in New York after a honeymoon filled with bicycle rides in Maine. The happy couple is looking forward to Honeymoon Part Deux in Laos, Cambodia and Vietnam over the forthcoming Christmas holidays.
EVENTS
 
April 7 - 8 - Hotel Investment Conference - South Asia (HICSA) 2010, Mumbai, India - The sixth HICSA 2010 is scheduled for April 7th and 8th, 2010. Over the past five years the conference has played host to 30 global CEO's, 2,200 plus delegates, and has had a wide range of attendees from owners, real estate developers, operators, bankers, architects and consultants. More...
May 12 - 14 – China Hotel Investment Conference (CHIC) 2010, Shanghai, China - Meet the key players. Tap into the latest industry trends and economic insights. More...
If any of our alumni will be organizing reunions around the globe... Or if there are any conferences or special occasions when HVS’ers and alums will be participating...

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