Industry Update
Appointment20 December 2011

Dharmesh Patel

Appointed Executive Managing Director
At Colliers International Hotels | USA in San Francisco - CA, USA

Dharmesh PatelColliers International today announced Executive Managing Directors Mike Mixer and Dharmesh Patel will lead Colliers International Hotels | USA. Colliers International Hotels specializes in hospitality real estate investment advisory services. Created in response to a growing need for commercial real estate and lodging investment services, particularly in the mid-tier segment, Colliers International Hotels provides brokerage services to hospitality owners and investors, financial institutions, funds and REITs. Given the improvement in fundamentals in the hospitality sector, the group's leadership sees this growth trend continuing in the coming year. Patel, a panelist at The Americas Lodging Investment Summit in January, expects transaction volume in the hospitality sector to continue its upward trend as REIT's focus on hotel properties in 2012. "REITs were very active purchasers of hotel product in the early part of 2011 before stocks ultimately dropped thirty to forty percent, causing them to pull back," Patel reports. "However, the hospitality industry is seeing a lot of improvement in occupancy and RevPar numbers, which should ultimately help drive pricing upward and cause stock prices to rise. REITs still have access to capital and will continue to be key players as we enter 2012."
Recent Appointments at Colliers International

Lee Pei Yee - Associate Director of Valuation and Advisory Services

8 November 2019 — Colliers International has appointed a new Associate Director of Valuation and Advisory Services, with hospitality investment and asset management expert Lee Pei Yee taking over the role this month. Her key responsibilities include driving the growth of the firm's hospitality and leisure real estate consultancy business across Asia, as well as strengthening its suite of services - in hotel asset management, property development, and valuation - whilst lending her strengths to the investment team.
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Bastiaan van Beijsterveldt - Director of Occupier Services

3 May 2019 — Colliers International, has appointed Bastiaan van Beijsterveldt to drive business development for its Occupier Services business in Singapore, with effect from 29 April 2019. Bastiaan brings with him 11 years of experience in commercial real estate, including in tenant representation, corporate solutions as well as capital markets and investment, across key gateway cities in Asia-Pacific.
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Mike Mixer - Executive Managing Director

20 December 2011 — Colliers International today announced Executive Managing Directors Mike Mixer and Dharmesh Patel will lead Colliers International Hotels | USA. Colliers International Hotels specializes in hospitality real estate investment advisory services.
read more
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