RECORDED WEBINAR: Hotel Valuations & the Hospitality Industry Landscape and Trends This is a recording of a webinar which took place on 21 November 2024 Join Waitlist Register
Save the date November 21, 2024 to December 30, 2024 GMT+2
Event Details This is a recording of a webinar that took place on 21 November 2024.
Expect to hear about trends within the hospitality industry at large from Tshepo Makhudu; hospitality consultant and valuer before diving into the specialised valuation of hotels from professional valuer and Fellow of the Institute; Norman Griffiths.
Topics:
Hospitality Industry Landscape Trends. Presented by Tshepo Makhudu
Hotel Valuations. Presented by Norman Griffiths
CETs/CPD: 2
Speakers
Norman Griffiths Property Valuer at Norman Griffiths & Associates
Norman Griffiths Property Valuer at Norman Griffiths & Associates Norman Griffiths has fifty years’ experience in the valuation of all types of properties throughout Southern Africa. He has operated since 1990 as an independent property valuer and consultant under the style of Norman Griffiths and Associates based in Rivonia, Gauteng. Prior to that he held various positions including Shareholder and Director of the multi-disciplined international real estate consultancy of Richard Ellis/Dunlop Heywood in Cape Town, Johannesburg, Harare and Pretoria. At all times he has been primarily occupied as a property valuer. Norman is a Fellow of the SA Institute of Valuers and former chairperson of the Northern Branch. He is also a Fellow of the Royal Institute of Charted Surveyors. Norman Griffiths acts extensively for the hospitality industry in monitoring property values throughout the country for hotels, casinos and resorts. This includes but is not limited to: Sun International He has specifically appeared at Valuation Appeal Boards in respect of the valuation of Sun City, Carnival City and has been involved in discussions with municipal valuers in respect of all other group properties throughout South Africa plus Royal Livingston Zambia and Swazi Spa. He advised on land claims at Wild Coast and Fish River Suns. Tsogo Gaming: He monitors their total property portfolio at 16 locations and has appeared in Valuation Appeal Board hearings in particular in respect of Monte Casino, Gold Reef City and Hemingways Casino in East London. He has had contact with municipal valuers in all of their locations. Southern Sun Hotel Group: He monitors all 90 of their South African properties including 20 in Cape Town, 12 in Johannesburg, 12 in Durban and Plettenburg Bay. Legacy Group: Advises on hotels in Cape Town, Johannesburg and resorts countrywide. Peermont: Advises on Emperors Palace plus four hotels at OR Tambo and various casino properties countrywide. Norman’s experience is extensive and so much more can be said about his work within the real estate environment and the valuation profession in particular.
Tshepo Makhudu Hospitality Consultant & Valuer at Makhudu Hospitality Consultants
Tshepo Makhudu Hospitality Consultant & Valuer at Makhudu Hospitality Consultants Tshepo is a Director at Makhudu Hospitality Consultants & Property Valuers, a company based in Johannesburg and which operates throughout the African continent. The role entails ensuring that client’s property investment strategy is achieved through the acquisition, development, expansion and development of hospitality real estate. This could be in the form of Consultancy (market analysis and financial feasibility studies), Strategic Advisory, Transaction Management (fund-raising introductions and facilitation). Tshepo is English speaking, and has over 20 years of Real Estate Experience covering South African markets and over 5 years covering African markets. Prior to joining establishing Makhudu, Tshepo was a Senior Executive at HVS. Tshepo has provided value to key clients including Telkom, CTICC, Public Works Department, Hollard, Hospitality Property Fund and Dawn to name a few. He previously worked in the banking sector, as a Commercial Property Finance Manager deal maker in the CIB Division at Standard Bank. Other major employers include Ernst & Young, Southern Sun/Tsogo Sun and Total Facilities Management Company as a senior executive. Tshepo's accomplishments include many satisfied customers in a diverse industries in South Africa and the rest of the continent. Education & Memberships • MSc Bldg. (Prop. Devt. & Mngmt. Field) Wits University • BComm Natal University • Executive Leadership Course Wharton University • Member South African Institute of Valuers & South African Council for the Property Valuers Profession • Past President SAPOA Sub-Committee of Township Shopping Centres • Founder Vice President South African Institute for Black Property Practitioners (SAIBPP)
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