Author
Author

Korosh Farazad

Founder & Chairman of Farazad Group of Companies and Member of Board for Trinity Hospitality Group

Korosh FarazadAs the acting CEO of Farazad Investments (FI), Mr. Farazad, asserts market integrity and an unconventional approach to Structured Financing. He was awarded by the IAIR Awards as the ‘CEO of the Year for Structured Finance Europe Middle East & Africa (EMEA)’ 2015, and awarded with the ‘Best Structured Finance Company 2015’, by the European CEO. FI is headquartered in the United Kingdom and proud member of British Private Equity & Venture Capital Association (BVCA). FI currently operates across five continents, with a presence in the United Kingdom, Europe, Middle East, Asia Pacific, Australia and United States, with an ever expanding portfolio and new innovative funding ventures worldwide. Mr. Farazad’s unique approach has been at the forefront to the firm’s success and paved the way for international recognition from regulatory bodies, who actively seek out his expertise. It is this transparent approach to financing and creative thinking, which introduced an award winning in- house financing formula, which has been praised by international Institutions aspiring to adopt the formula and enhance traditional funding methodology.
Insights by Korosh Farazad (27)

An Examination of Central and Eastern Europe’s Hotel Sector in 2021

Even though European hospitality sector has been hit hard by COVID-19 in 2020, there is a lot of positivity and movement in regard to new hotel openings in the region. According to research from TOPHOTELPROJECTS, it is expected that 277 hotels with 63,680 rooms are planned to open this year across Central and Eastern Europe.

How Hotels Are Dealing with Royalty Programs & Points That Were Not Used by Guests During the Pandemic

With US and Europe hotel occupancy rate at its lowest, hospitality companies have to adapt their policies to fit this unprecedented time of COVID-19 pandemic. Hotels have acted so their loyalty programmes can remain at a satisfactory level for customers.

Will Talks of Vaccine Contribute to Higher RevPAR for Hotels?

The breaking news on the successful trails of COVID-19 vaccine has boosted hotel companies' stock price and valuations. However, hotel owners still need to focus on cash reserves in this unprecedented pandemic crisis.

“Outlook for Hotels in Europe and UK for 2020”

There is no doubt that Europe is overwhelmed with the second wave of the COVID-19 pandemic since end of September. We can see a sharp increase in cases across the continent, especially in the United Kingdom, France, Spain, Germany, Netherlands and other European countries.

The Recovery Period Time for Hospitality Sector

As we all know, the COVID-19 pandemic has severely affected the world economy. No industry can escape the disruption of COVID-19, hotel sector being the most and deeply affected. Many hotels are shutting their doors since March 2020 and where we can see the dramatic declined in RevPAR.
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