Some noteworthy quotes from the past week, including CapitaLand Investment's Siew
Kim Beh discussing leadership surrounding sustainability initiatives.
QUOTE OF THE WEEK
“The voice and authority of a CFO helps in messaging the
importance of sustie [short form for sustainability] at the leadership level.
This creates an overarching emphasis and priority for sustainability. It drives
the agenda at most of our management meetings. In the past, sustainability was
a subset of many agendas.” – Siew Kim Beh, CapitaLand Investment Read story
“We’re still just getting warmed up. Since Accor’s
investment in Rixos in 2016, we’ve increased our pipeline three times and the
pipeline that we have is extremely promising. We expect to go well beyond the
50.” – Gaurav Bhushan, Ennismore Read
story
“The deal team is very integrated with the philosophy of KKR, which is: if you buy it, it’s now your baby. Now you deal with it, you own it, you’re integrated with the management team to oversee it. I don’t think the bifurcation of all these roles leads to the best outcomes.” – Andro Nodarse-León, LionGrove Read story
“I do think that there’s been more diversification in local
economies; there have been changes specifically in some of the more
energy-related cities (Denver, Houston, Calgary). So, it’d be a little less
volatile. But I don’t think there’s any question that there’s going to be
segments of our business that are more sensitized to these energy spikes,
particularly the economy and the select-service [hotel segments] will be more
impacted than others.” – Greg Mount, Victory Hotel Partners, on the potential
impact of higher oil prices Read story
“A lot of ownership groups are getting lost in the shuffle,
if you will, and maybe not getting the specialized focus that they’re used to.
So, I feel like there's a big opportunity for us.” – Christy Jernigan, Brittain
Resorts & Hotels Read story
“We have a strong track record of using innovative design
and development to grow our hotel network in accordance with Whitbread’s
commitments to becoming a net zero business by 2050.” – Mark Anderson,
Whitbread Read story