Navigating Hotels Through Covid-19

There are not many property markets that have been as adversely impacted by the outbreak of Covid-19 as the hotel sector. 

Once almost entirely dependent on international and domestic tourism, corporate travel and leisure, the hotel sector is now adapting to an immediate need for government quarantine facilities and crisis accommodation. 

In the medium to long-term, hotel operators, owners and developers remain cautiously optimistic about the prospects of a recovery in Australian travel, especially given the region’s appeal compared to other global markets. 

So how can the sector survive through the pandemic and thrive beyond it? 

To help us answer this question, The Urban Developer has assembled four industry leaders to provide an inside perspective on how the Australian hotel sector is positioned, now and into the future. 

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Craig Hooley - Chief Operating Officer - Minor Hotels 

As Chief Operating Officer, Craig oversees Minor Hotel’s portfolio of 158 assets in 24 countries across a portfolio that includes the Anantara, AVANI, Oaks, Elewana, Tivoli, and Minor International properties. 

He has previously served in senior roles with Shangri-La Hotels and Resorts, InterContinental Hotels Group and Mirvac.

Trudy Crooks - Managing Director, ResortBrokers

As Managing Director, Trudy leads Australia’s longest established and most experienced specialist agency in the accommodation sector.

ResortBrokers provide brokerage services to the hotel sector, along with specialist teams across motels, caravan parks, off-the-plan and existing management rights.

Arnaud Millecamps - Managing Director, Minett Prime Square

Based in Sydney, Arnaud is Managing Director of Minett Prime Square, an independent advisory firm dedicated to the hospitality industry, offering bespoke business development advice for hotel developers, owners and investors.

The Minett Prime Square team has deep experience in hotel operations, management and franchising, business development and asset management in Europe, the Middle East and Asia-Pacific.

Teena Lynch - Capital and Acquisitions, Dealcorp

Teena Lynch is Head of Capital and Acquisitions at Deal Corporation, one of Melbourne’s leading private developers in the residential and mixed use sectors for over 30 years. 

Teena’s diverse expertise includes site acquisition, overseeing future project design, risk assessment, planning, capital and finance arranging, stakeholder negotiation and project delivery, including settlement risk management.

From working on large complex tenders and finance transactions, to negotiating with investment and finance partners, global brand operators and community and social groups, Teena’s wealth of experience has contributed to her work on industry advocacy policy committees, including Residential Development, Finance and Tax.

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