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 (23)

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.

The Rebound of Business Travel Post COVID-19

Since the COVID-19 pandemic outbreak at the start of this year, the world experienced national lockdown where business travel has ground to a halt. Business travellers are forced to move rapidly from face to face meetings and events to virtual platforms such as zoom and Microsoft Team and other apps that keep popping up.

How COVID-19 Pandemic Has Affected Hospitality Lending Activity Predominantly In European Assets

COVID-19 has had a tragic impact on the hotel industry when lending transactions and liquidity reduced significantly since the pandemic began. Most of lenders have largely pulled back or put a full stop to new lending in the European hospitality industry.

Top 3 Hotel Operators Post-COVID and Why?

It's been a few months where hospitality, entertainment, and leisure venues shut their doors in the UK and most part of the world. However, in July 2020, UK, European & global hotel, and hospitality had started planning for a 'new normal' reopening of their businesses.

Difference Between Hotel Managements Agreements and Franchise Operators

In the hospitality sector, there are number of key players and stakeholders that involved to run a successful hotel. Hotel brands, hotel owners and management companies often work together to create transformations and combinations of operating models to maximize the profitability and increase guest satisfaction.
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