Opportunities in Leisure Property and the Experience Economy

12:45 Registration 

Join fellow attendees to network ahead of the event.

13:30 Chair’s Welcome and Introductory Remarks

Hear from the forum Chair, who will introduce key themes and learning points for the day. 

Chair: Kevin Conibear, Director - Head of Urban Markets, Fleurets

13:40 What Constitutes ‘Leisure Property’, and Opportunities in the Experience Economy

A much debated and misunderstood topic: Peter’s session will debunk the myths, throw light on the sector, and reveal where value is to be found. Covering:

• Why ‘Leisure Property’ is so different.
• Where specialists are helpful. 
• What opportunities there are in the current markets and how to find them.

Presenter: Peter Seymour, Director of Hotel and Leisure, Graham + Sibbald

14:05 Case Studies: Trends in Values and Valuation

The current state of the market - transactions involving:

• Operational risk and its effect on trading valuations.
• Value movements and trends.
• Buyer groups, finance and market dynamics.

Presenters:
Edward Higgins, Senior Director – Operational Real Estate Valuation & Advisory, CBRE
Matthew Hopwood, Senior Director – Operational Real Estate Valuation & Advisory, CBRE

14:30 Leisure Property Finance: Lending in a Higher Rate Environment

• How things have changed and who is in the market.
• Inflation, high interest rates & ESG: the impact on operators and investors.
• Sector fundamentals: the attractiveness of leisure assets versus core investments.
• Mezzanine finance, and the evolving roles of high street and alternative lenders.
• What the future is for funding leisure properties and transactions.

Moderator: Francisca Sepúlveda, Finance Partner, Addleshaw Goddard

Panellists:
Gareth Jones, Head of Large Corporate Lending, Barclays 
Patrick Grant, Partner & Head of Long Income, Alpha Real Capital
Tim Barbrook, Head of Debt Advisory, HVS Hodges Ward Elliott
Matt Soffair, Senior Research Manager, Retail and Leisure Real Assets, Legal & General Investment Management (LGIM)

15:10 Afternoon Refreshments and Networking

A chance to recharge and network with the speakers and your fellow attendees.

15:30 Health, Wellbeing and Leisure as High-Yielding Add-ons to Hotels 

Thibault’s briefing explores how success in ‘adding-on’ is reflected in the hotel’s value, where:

• Capitalising on the booming health and wellness market by offering specialised services and amenities can position a hotel as a premier destination for health-conscious travellers.
• Integrating advanced health and wellness facilities can significantly enhance guest experiences and open up new revenue streams for hotels.
• Offering unique leisure and experiential activities tailored to the hotel's locale increases guest engagement and loyalty, driving repeat business.

Presenter: Thibault Catala, Founder & Managing Director, Catala Consulting

15:55 Current Trends and Lessons from the Market

The panel discusses the latest trends in leisure and real estate and their implications for rental and capital values, covering:

• Current demand and supply – the locations and types of leisure asset that present the best opportunities.
• The rental approach.
• Cost factors.
• Likely future trends.

Moderator: Kevin Conibear, Director - Head of Urban Markets, Fleurets

Panellists:
Mark Warne, Director of Hospitality & Leisure, Landsec 
Lesley Males, Director, Innovation & Insight, Avison Young
Kitty Vaughan, Leasing Manager, F&B and Leisure, Pradera Lateral

16:35 Post-Forum Networking

Enjoy networking and further conversations on the afternoon’s content with fellow delegates and speakers.