Thursday, September 19th
Nordheimer Room, Fifth Floor
QHIC Conference Host
Hôte bilingue, modératrice et commentateur médiatique / Bilingual Host, Moderator, and Media Commentator
9:30 am – 10:00 am
Networking Breakfast
10:00 am – 10:30 am
Opening Remarks & Industry Breakdown
Quebec is emerging from its economic doldrums with record capital investment planned in upcoming years. Diversified capital is being invested into such projects as electric vehicle batteries and green energy, that will undoubtedly stimulate the labour force and strengthen the economy. Further, the governments of Canada and Quebec just announced the renewal of the Canada Community-Building Fund for the next decade, for which the province will receive more than $2.8 billion over the next five years to support infrastructure projects. Hear what these two Provincial leaders have to say.
Présidente-directrice générale / Chief Executive Officer
Association Hôtellerie Québec / Quebec Hotel Association
10:30 am – 11:20 am
Session # 1 – Quebec Hotel Investment Climate
There has been a decent level of hotel investment activity in recent years, comprised primarily of acquisition opportunities for properties that are either stable or growing in performance. Find out the strongest markets, where the deals are and how assets are being valued.
11:20 am – 12:10 pm
Session # 2 – Local and Regional Equity and Debt Financing
Yes, debt and equity capital are available in the province. While overall investment parameters may have tightened, there are a variety of sources willing to back both acquisitions and new developments with cogent plans and strong management. These experts have seen it and financed it!
Moderator:
Directeur, Placements privés et investissements d'impact / Director, Private Equity and Impact Investing
Fonds de solidarité FTQ
Panelists:
Vice-président, Financement et services-conseils / Vice President, Financing and Advisory
BDC
Directeur principal, Actif commercial et finances / Senior Director Business Property Finance
BMO Bank of Montreal
1:20 pm – 2:10 pm
Session # 3 – Branded vs Independent Hotels
What do I do about a flag? My lender says I need one but 82.6% of hotels in the province are independent and highly profitable. National and international travel patterns are morphing so how do you assess what’s right for your hotel-stay independent or join growing national and global brands.
Moderator:
Panelists:
2:10 pm – 3:00 pm
Session # 4 – Family Stories: The Voice of Independent Hotel Owners
Conversations at the Sunday night dinner table are often lively and rarely avoid the topic of hotels. How do we preserve family relations, and successfully run the hotels with respect, professionalism and compassion. These panelists have lived it, operated it and negotiated it-with success.
Moderator:
Panelists:
3:20 pm – 4:10 pm
Session # 5 - Development and Renovation Costs
How much does it cost? Building and renovation costs have skyrocketed. Pressure is coming from the brands to update to the latest standards, or perhaps your hotel is just dated or new competition down the road is mounting. Whatever the reason, renovating and updating your property to stay relevant is a constant. These are the most active players in the province. Please listen and learn.
Moderator:
Panelists:
4:10 pm – 4:15 pm
Closing Remarks
4:15 pm – 6:00 pm
Closing Reception