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PROFESSIONAL

SUCCESS

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ILAN ELKAIM

French / Brazilian - Born in 02/07/1984 (27 years old) Senior Associate – Feasibility, Development & Acquisitions Starwood Hotels & Resorts – Europe, Middle East and Africa

ESSEC Business School - MBA in Hospitality Management (IMHI 2008)

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CAREER

EDUCATION

• 2006 – 2008 : ESSEC Business School, Paris, France MBA in Hospitality Management (IMHI)

Major in Real Estate Finance & Asset Management

• 2007: The Hong Kong Polytechnic University, Hong Kong, China One semester exchange

• 2002 – 2005 : Institut Vatel, Nîmes, France French Licence degree in Hotel Management European Bachelor degree in Hotel Management

• 2002: ESPM, Sao Paulo, Brazil

One year of business administration studies

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CAREER

SCHOLARSHIP

Laureate of the 2006 – 2008 ACCOR/ESSEC MBA scholarship

The Accor scholarship program is designed for up to three students admitted to ESSEC Business School per year.

The scholarship is aimed at students coming from emerging countries and that present high potential as future Managers. It allows Accor to select and train the best potentials from countries in which it has strong growth ambitions.

It was a great honour for me to have my efforts recognized by Accor and to have been selected for the 2006 – 2008 ACCOR/ESSEC scholarship.

The scholarship covered the full amount of the Master in Business Administration fees.

Following an internship in the Strategy & Development department of Accor, I’ve joined the group as Development Analyst in 2008. After 3 years, when my mission was accomplished, I decided to leave Accor and joined the Development & Acquisitions department of Starwood Hotels & Resorts.

Attached is a testimonial by Karen Vaniche - Accor Recent Graduates Manager and an article from Reflets Magazine concerning the scholarship.

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CAREER

ASSOCIATIONS

• ESSEC Alumni

With 37,000 graduates, the ESSEC Alumni network is one of the strongest school networks in the world. Member of IMHI Alumni, Club ESSEC Pierre and Club Tourisme & Management

• Cercle France - Amériques

Founded in 1909, the association's mission is to strengthen ties and mutual understanding between France and all the countries of North and South America

• Give a Brick, Give a Break

Took part in Sheraton Karachi flood relief initiative to help Pakistan’s flood victims of 2010. In order to rehabilitate and construct flood hit villages in the province of Sind

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CAREER

WORK EXPERIENCE

• From 2011: Starwood Hotels & Resorts - EMEA Headquarter, Brussels, Belgium

Senior Associate Feasibility, Development & Acquisitions

• 2008 - 2011: ACCOR - Corporate Headquarter, Paris, France Development Analyst

• 2007: ACCOR - Corporate Headquarter, Paris, France Intern in the Strategy & Development department

• 2002 - 2005: Gained a global view of hotel operations with experiences at:

Salako Beach Resort, Guadeloupe, French West Indies Royal Windsor Hotel, Brussels, Belgium

Hotel Le Yaca, Saint Tropez, France

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CAREER

In 2008 as Development Analyst at ACCOR

In 2011 as Senior Associate – Feasibility, Development &

Acquisitions with Starwood Hotels &

Resorts

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COMPANY

DESCRIPTION

• Starwood Hotels & Resorts Worldwide, Inc

• One of the leading hotel and leisure companies in the world

• Over 1,000 hotels worldwide and over 300,000 rooms

• A portfolio of 9 unique brands

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COMPANY

DESCRIPTION

• Starwood Hotels & Resorts in Europe, Middle-East & Africa

• 250 hotels and over 60,000 rooms

• Present in nearly 60 countries

• More than 50,000 associates

Starwood Properties breakdowin in EMEA

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COMPANY

DESCRIPTION

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COMPANY

DESCRIPTION

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JOB DESCRIPTION

• Assessing the viability of new hotel projects in Europe, Middle East & Africa, in coordination with the other members of the Development team and Starwood corporate office.

• Communicating with third parties including project developers, investors, lenders, sellers, brokers, and others to generate, assess, and qualify new deals.

• Preparing appropriate and timely materials relating to transactions. Including underwriting of potential real estate, management and franchise deals for Starwood's Development team in EMEA.

• Conducting hotel market research, competitor intelligence

gathering and analysis, supply and demand analysis,

income and expense analysis, pro forma development and

investment analysis.

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INITIATIVES AND PERFORMANCES

• Participated, during the past 4 years, in over 100 hotel development projects representing over 1 Billion Euros in excess of investment.

• Established brand performance reports to be used as benchmark for future developments allowing my team to better manage investment risk as we were able to compare the profitability in different countries, cities

and brands.

• Worked with inter-disciplinary teams to model cash flows and returns under complex management contract and ownership structures.

• Reviewed contract documentation and executed term

sheets to verify that the financial modeling reflected the

terms negotiated.

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INITIATIVES AND PERFORMANCES

Recent Projects :

Sheraton Adana (227 rooms) Turkey

Scheduled to open in 2013, the new Sheraton Adana Hotel will be ideally located on the bank of the River Seyhan in the centre of Adana in the southern region of Turkey. The opening of the Sheraton Adana Hotel is part of the company's strategic expansion plan to open more than 65 Sheraton hotels around the world in the next three years. The Sheraton Adana is owned by Serka Tourism A.S, an affiliate of Adali Holding.

“I would like to state that we are extremely proud to contribute to the development of our homestead Adana by introducing the most reputable and respected hotel operator, Starwood Hotels & Resorts, and its successful Sheraton brand.” Mr Serdal Adali, Adali

Holding, Co-Chairman

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INITIATIVES AND PERFORMANCES

Recent Projects :

Sheraton Medina &

Four Points by Sheraton Medina (total of 475 rooms)

Kingdom of Saudi Arabia

Owned by Saudi Brothers Commercial co., the Sheraton Medina Hotel and Four Points by Sheraton Medina are both scheduled to open in the fourth quarter of 2012.

“For many years, our strategic alliance with Starwood has been very successful in Jeddah and we are keen to expand this relationship through the development of the two new Starwood properties in Medina." Sheikh Fahad Al-Nowaiser, Chief Executive Officer of Saudi Brothers Commercial Company.

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INITIATIVES AND PERFORMANCES

Recent Projects :

Sheraton Jumeirah Beach Resort Dubai (256 rooms)

Sheraton Khalidiya Abu Dhabi (284 rooms)

United Arab Emirates

Renegotiation of two existing contracts, continuing Starwood’s relationship with an influential owner while securing commitment to a full renovation for the Sheraton Jumeirah Beach Resort.

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OTHER COMMENTARY

• Coming from an operational background, now in an executive office, I am in a good position to see the importance of being able to understand both operational and corporate issues related to the hotel industry.

• I’m proud to see that my work has a direct influence in creating jobs for our associates, generating great results for our owners and delivering unique experiences for our guests.

• I’ll continue working to make sure that Starwood develops the right brands in the right locations with the right partners;

making sure that the interests of both Starwood and hotel

owners are aligned.

References

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