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28 March 2017 | Hotels

Christie & Co extends Advisory and Valuations Team

Christie & Co has extended its advisory and valuations team by two new Consultants: Patrik Hug and Maximilian E. Paul.

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Specialist hotel property advisor Christie & Co has not only recently extended its brokerage team, but also welcomed on board two new experts to its advisory and valuations department: Patrik Hug started in Munich in autumn 2016, Maximilian E. Paul in Frankfurt/Main in the first quarter of 2017.

Patrik Hug and Maximilian E. Paul complement the team surrounding Kay Constanze Strobl in Munich, Director of Advisory & Valuation Services, as well as Constanze Maas in Frankfurt, Associate Director. Christie & Co’s advisory & valuations department offers a variety of hotel-related consultancy services, including market analyses, feasibility studies, contract advice, performance monitoring, due diligence support, RICS-compliant valuations as well as strategic advice, with a special focus on projects in Germany, Austria and Central and Eastern Europe.

Patrik Hug joined Christie & Co’s Munich Office in September 2016 as a Consultant Advisory & Valuation. Previously, he worked for Union Investment Real Estate GmbH in Hamburg and Frankfurt, where he supported the hotel investment team primarily with the due diligence for acquisitions throughout Europe and the United States, as well as with national and international market studies and strategy papers. He gained operational experience in Switzerland, amongst others, at the 5-star hotel Grand Resort Bad Ragaz and the boutique hotel 7132 in Vals. Patrik holds a Bachelor of Science in International Hospitality Management from École Hôteliere de Lausanne (EHL), where he graduated with honours. Further, he won the “Best Dissertation Award” for his bachelor thesis.

Maximilian E. Paul joined Christie & Co’s Frankfurts Office in Febuary 2017 as a Consultant Advisory & Valuation. Previously, he worked for CBRE Hotels in Munich and PKF hotelexperts in Vienna, where he supported the valuation and advisory teams, primarily with feasibility studies and valuation assignments of single assets as well as portfolios in Germany, Austria and CEE. Max gained operational experience in different 5-star hotels in Germany and France, amongst others, at the Rocco Forte Villa Kennedy in Frankfurt. He holds a BA in Tourism & Event Management from the International School of Management in Frankfurt and a MSc in Tourism & Service Management from École Supérieure de Commerce in La Rochelle, France.

Kay Constanze Strobl comments: “The demand for advisory and valuation mandates in the hospitality segment has been growing significantly over the past months. Reasons include the positive performance of the German and Austrian hotel markets and high deal activity. But also the emerging markets in Eastern Europe are becoming increasingly attractive, for developers in particular.

“Therefore we are glad we could win two specialists in their field, who are the perfect fit for our team and whose strengths complement our service offer.”