Quotes of the Week: Ennismore, CapitaLand, Brittain

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