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Author

Ersin Yildirim

Senior Manager working with HVS Middle East & Africa

Ersin YildirimErsin Yildirim is a Senior Manager working with HVS Middle East & Africa, specializing in Operator Search, Management Contract Negotiations, Hotel Valuations, and Transaction Advisory. Since joining HVS, Ersin has directed a large number of assignments, performed operator contract negotiations, undertaken feasibility and valuation studies involving stand-alone hotels and medium-to-large mixed-use developments. He has successfully provided strategic recommendations to owners, investors and hotel operators. In addition, he is responsible for the development of HVS’ business in Middle East and Africa. His professional reach extends throughout the Middle East, Turkey, Pakistan and Indian Ocean with majority of his assignments undertaken in the Kingdom of Saudi Arabia, United Arab Emirates and other GCC countries. Prior to joining HVS, he was Development Manager for Accor Hotels in the Middle East. Ersin holds a Master’s Degree in Tourism Economics and Management from University of Bologna, Italy and an MBA from Imperial College London, UK.

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Insights by Ersin Yildirim (1)

Evolution of Hotel Management Agreements and Rise of Alternative Agreements

Hotels are complicated investments and therefore selecting an appropriate hotel agreement for a property requires exhaustive research and investigation by an investor. The choice of an operator as well as the hotel operating agreement has a significant impact on the cashflow and the potential value of the property.
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