ROMANIAN RIVIERA HOSPITALITY REAL ESTATE

EXPO-CONFERENCE – MAMAIA – 22 IUNIE 2016

CENTRUL DE CONFERINTE ZENITH

INVITATION

Dear…………………………………………………………….,

We have the distinct honor and pleasure of inviting you to participate in the only event dedicated exclusively to the hospitality real estate market, edition dedicated to the sea side and Danube Delta and hosted by the Zenith Conference Center in Mamaia. Through the experience and knowledge you have gathered, your presence at this event would be in the interest of the hotel industry, but as well an opportunity for your business.

The brand and concept of the expo-conference belong to the first hospitality consultancy company founded in Romania, Peacock G.H.M., which is also the organizer of the event, together with the highest professionals in the Romanian business environment.

Our honorable partners are: Zenith Top CountryLine Hotel Mamaia, member of the Top International Hotels group, which is ensuring the location, the Chamber of Commerce, Industry, Navigation and Agriculture Constanta, which is ensuring the communication with local business environment and Chamber of Commerce representatives in other state and Telekom Romania, ensuring the highest quality professional communication options necessary during the event.

The expo-conference is thought as a professional environment in which to promote hotel properties currently on sale or in search of partnerships, to present on-going investments in need of further financing and to discover projects looking for confirmation and investors. This event is an opportunity to meet and discuss with owners, developers, financers, planners, consultants, operators, bankers and authorities.

It is an event dedicated to open and efficient communication between parties interested in the hospitality industry and the correct exchange of professional information pertaining to properties, investments, values and advantageous transactions in a fair real estate market.

What has happened in the last three decades with the highest concentration of hotel properties and lodging capacity of Romania? What strategy lies at the foundation of the reconstruction and development of this vast touristic infrastructure? How are necessary investments encouraged and structured? How can the interests of entrepreneurs be aligned with those of local communities? Are local councils preoccupied with imposing a healthy competitive environment and ensuring a rational equilibrium between the functions and capacities of authorized projects? Have urban planning rules been implemented in order to improve the image of resorts? Through professional approaches and rigorous following of hotel planning and development principles, could architects reorient the industry and reduce failure? Can poorly designed or mismanaged properties still present an interest on the real estate market? Are real estate companies allotting the necessary interest to the hospitality market, which despite being in its infancy is already estimated at over €2 billion? Have banks ever considered that losses from poor financing decisions could be drastically reduced by investing directly in unfinished projects and initiating operating partnerships with professionals of the hospitality industry? Do banks know that 22% of properties available for purchase on the market are actually part of their portfolio as a result of poor entrepreneurship? Before beginning project planning, have entrepreneurs correctly defined the concept of their future hotel, in relation with location, touristic flow, economic perspective, demographics, available work force, etc.? Do owners realize that they have a tendency to over-evaluate their own business? Have owners seen that decisions made without consulting a professional have always ended up in additional costs, which were also completely unnecessary?

Through effort and from the desire of finding the correct answers to questions too often ignored or postponed, owners, bankers, entrepreneurs, real estate agents, evaluators, architects and public workers have been invited to participate in this event.

Dear ……………………………………………………………….…,

We would be honored if you would choose to answer our invitation and add to our event your unquestionable expertise. You would have the opportunity to present your own vision regarding the relation between different actors in the business environment, partnerships approaches, necessary rules and regulations and any other ideas which would improve the business behavior and value the opportunities in hospitality real estate market.

R.S.V.P. to or , until June 10.

With the utmost consideration,

Paul Marasoiu Ion Danut Juganaru

President Peacock Hotels General Director C.C.I.N.A. Constanta