Hospitality Sector I Capability Statement

Hospitality Sector I Capability Statement J A N U A R Y 2 0 1 4 Inspired Innovative Individual

Introduction ChandlerKBS provides independent consultancy services across a wide range of sectors throughout Europe and the UK. We pride ourselves in providing innovative solutions to ensure that our clients obtain best value. We consistently deliver first class, cost effective results, underpinned by an impressive track record and depth of expertise. ChandlerKBS has successfully built up strong, long-term client relationships by combining strategic advice with individual attention, whilst continually challenging traditional practice. It is this approach, which makes us different. We successfully manage projects across a variety of sectors including hospitality, leisure, retail, residential, offices and infrastructure. We have been established for over 25 years. From our network of UK offices we work across all regions of the UK and Ireland. We have been established in Germany since 1992. From our Düsseldorf and Berlin offices, we successfully work across 15 European countries. We pride ourselves not only in the way we look after our client s needs but also in our staff development. We were one of the first professional practices in our sector to achieve the Investors in People standard and we operate Quality Assurance procedures in accordance with ISO 9001. Opposite: The Cambrian, Adelboden

Our vision and purpose Our vision is to be recognised as the market leader in the service we deliver. ChandlerKBS takes pride in accomplishing quality results and delivering value for our clients in an environment where people develop and prosper. Our aim is to be a financially and environmentally sustainable business. We maintain long-term relationships with our existing clients, whilst also seeking to expand in a structured manner. Inspired, innovative, individual. Our strapline succinctly communicates in three words the ethos of the practice. It is a confident and bold expression of our vision, purpose and values. Opposite: The Caledonian, A Waldorf Astoria Hotel, Edinburgh

Services ChandlerKBS has considerable experience in providing consultancy advice and managing various hospitality projects across the UK and Europe. Our philosophy at all times is to be different in our approach and to proactively seek to maintain the highest standards of advice and service delivery to our clients. We do not have preconceived ideas of how a project should be procured and managed. Each project has its own set of challenges and each client has their own preferred approach and procedures. We believe in listening to our clients needs before proposing a solution. Our services to the hospitality sector include: Construction Supervision Development Management FF&E and OS&E Purchasing Procurement Advice s Representation Technical Due Diligence Building Surveying Fund Monitoring More detail regarding our range of services is available upon request. Opposite: Breidenbacher Hof, Düsseldorf

Experience We are currently working on numerous hospitality projects which are either in the development, planning phase or are already under construction. Whilst our core services revolve around the Project and and Construction of schemes, we also have considerable experience in FF&E / OS&E Purchasing, Technical Due Diligence, Development Management and Management Consultancy advice in the hospitality sector. We are frequently appointed as lead consultant at an early feasibility stage, prior to the creation of a project brief and the appointment of the construction professionals. Often our clients have an initial idea for a scheme or they simply own a site or a building that they wish to develop. We assist with an independent review of this idea and the creation of a workable project brief. Once the project brief is agreed we manage using our full range of services all aspects of the project through the design development, the procurement, the construction and into the pre opening phase and onto the technical asset management of the operating property. We are also often appointed to provide a specific standalone service or range of services on a new or existing property which requires a technical upgrade or refurbishment. As a result we have extensive experience of all types of hospitality refurbishment projects ranging from the softest of guestroom FF&E refurbishments to a full hard master plan refurbishment undertaken whilst the Hotel remains in operation. Our experience in the sector provides us with a vast amount of data and contacts which we continually analyse and update. It is the knowledge gained through this process which places us in a position to add significant value to projects. We are pleased to provide some examples of current and recently completed projects over the following pages. Opposite: One Spa Treatment Rooms and Gym

The Caledonian A Waldorf Astoria Hotel Location Edinburgh, Scotland Shilling Real Estate Full Refurbishment GBP 18 Million FF&E Purchasing HOE Procurement CDM Coordination Opposite: The Caledonian, Edinburgh

The Caledonian A Waldorf Astoria Hotel Opposite: The Caledonian, A Waldorf Astoria Hotel, Edinburgh

The Cambrian Location Adelboden, Switzerland Grand Hotel Regina Immobilien 72 Rooms and Suites CHF 21 Million Technical Due Diligence Employer s Representative Development Management Tenant Liaison FF&E and OS&E Purchasing Asset Management Opposite: The Cambrian, Adelboden

Opposite: The Cambrian, Adelboden The Cambrian

Breidenbacher Hof Location Düsseldorf, Germany Pearl of Kuwait Real Estate 95 Guestrooms and Suites in a 32.450m2 mixed use scheme 120 Million Euro Technical Due Diligence Employer s Representative Development Management Tenant Liaison FF&E and OS&E Purchasing Asset Management Property Management Opposite: Breidenbacher Hof, Düsseldorf

Opposite: Breidenbacher Hof, Düsseldorf Breidenbacher Hof

Hilton Münich Park Location Münich, Germany Hilton Worldwide 484 Rooms 15.92 Million Euro FF&E Purchasing Opposite: Hilton Münich Park

Opposite: Hilton Münich Park Hilton Münich Park

Mövenpick Lausanne Location Lausanne, Switzerland Sonotel Ouchy 72 Rooms CHF 8.9 Million Opposite: Mövenpick Hotel Lausanne

Opposite: Mövenpick Hotel Lausanne Mövenpick Lausanne

Paris Marriott Opera Location Paris, France Ambassador Hotel SA 294 Rooms 19.1 Million Euro FF&E and OS&E Procurement Opposite: Marriott Opera, Paris

Opposite: Marriott Opera, Paris Paris Marriott Opera

Steigenberger Park Location Düsseldorf, Germany Steigenberger Hotel AG 130 Rooms 10 Million Euro FF&E and OS&E Procurement Opposite: Steigenberger Park Hotel, Düsseldorf

Opposite: Steigenberger Park Hotel, Düsseldorf Steigenberger Park

Borgo Egnazi Location Puglia, Italy Egnathia Iniziative Turistiche 63 Rooms 23 Villas 92 Houses 110 Million Euro Audit Programme Management FF&E and OS&E Procurement Opposite: Borgo Egnazi, Puglia, Italy

Opposite: Borgo Egnazi, Puglia, Italy Borgo Egnazi

Hilton Barcelona Location Barcelona, Spain Westmont Hospitality Group 300 Rooms 15.8 Million Euro Opposite: Hilton Barcelona, Spain

Opposite: Hilton Barcelona, Spain Hilton Barcelona

Frankfurter Hof Location Frankfurt, Germany Steigenberger Hotels AG 321 Rooms 23.4 Million Euro Opposite: Frankfurter Hof, Germany

Opposite: Frankfurter Hof, Germany Frankfurter Hof

Hilton Berlin Location Berlin, Germany ADIA & Hilton Worldwide 601 Rooms 22 Million Euro Opposite: Hilton Berlin, Germany

Opposite: Hilton Berlin, Germany Hilton Berlin

Lucknam Park Hotel Spa Location Lucknam, UK Lucknam Park Hotel & Spa 1.800 m2 destination spa 11.9 Million GBP Opposite: Lucknam Park Hotel Spa, UK

Opposite: Lucknam Park Hotel Spa, UK Lucknam Park Hotel Spa

Other Relevant Projects On the following pages we are pleased to provide a brief description of hospitality projects we have recently worked on. They are presented by city, in alphabetical order. More detailed information on our projects is available upon request. We will be pleased to provide personal references from both Owners and Operating Companies should you require. You may also visit our web-site at www.chandlerkbs.com Opposite: Breidenbacher Hof, Düsseldorf chandlerkbs.com

Aberdeen, Scotland Urban Villa, John Street Amsterdam, Netherlands Crowne Plaza Granite City Assets Ltd Westmont Hospitality Group 182 Rooms 112 Rooms 15.5 Million GBP 1.8 Million Euro Employer s Agent New build five storey Urban Villa hotel. 182 rooms with associated shell only areas on the ground floor for retail space and food and beverage restaurant. Soft refurbishment of the guestrooms. The hotel remains in operation throughout the works. Adelboden, Switzerland The Cambrian Amsterdam, Netherlands Holiday Inn Grand Hotel Regina Immobilien Westmont Hospitality Group 72 Rooms + Suites 800m2 Spa 146 Rooms 21 Million CHF 3.1 Million Euro Hotel Management Consulting Employer s Representative FF&E and OS&E Purchasing Redevelopment of a traditional Swiss Grand Hotel built in Belle Epoque style. Contemporary design.member of the Design Hotel brand. Soft refurbishment of the guestrooms and public areas. The hotel remains in operation throughout the works.

Amsterdam, Netherlands Mövenpick Hotel Antwerp, Belgium Holiday Inn Mövenpick Hotels & Resorts Westmont Hospitality Group 52 Rooms 140 Rooms 1 Million Euro 4.2 Million Euro Quality Control Soft refurbishment of 52 rooms (2 floors), meeting rooms, break-out area and lobby. The hotel remains in operation throughout the works. Soft refurbishment of the guest rooms and public areas. The hotel remains in operation throughout the works. Ankara, Turkey Mövenpick Hotel Atyrau, Kazakhstan Renaissance Hotel Mövenpick Hotels & Resorts Marriott 138 Rooms 202 Rooms Confidential Confidential Operator Technical Services Operator Technical Services Project Monitoring Full technical services role and duties on behalf of Hotel Operator. Full technical services role and duties on behalf of Hotel Operator. The works include the new-build development of the Hotel.

Atyrau, Kazakhstan Marriott Executive Apartments Berlin, Germany Hilton Berlin Marriott ADIA and Hilton Worldwide 55 Apartments 601 Rooms Confidential 22.30 Million Euro Operator Technical Services Project Monitoring Full technical services role and duties on behalf of Hotel Operator. The works include the new-build development of the Hotel. Soft refurbishment of the hotel rooms. Hard refurbishment of lobby and restaurant, plus creation of a new executive lounge. The Hotel remained in operation throughout the phased construction works. Barcelona, Spain Hilton Barcelona Berlin, Germany Mövenpick Berlin Westmont Hospitality Group Mövenpick Hotels & Resorts 300 Rooms Ground Floor Refurbishment Partial 1st Floor Refurbishment 15.80 Million Euro 1.5 Million Euro Operator Technical Services Full guestroom and partial public area refurbishment. The hotel closed during the construction works. Refurbishment of the entrance, reception, bar, gym, conference rooms and staff areas of the hotel. The hotel remains in operation throughout the phased construction works.

Berlin, Germany Das Stue Brussels, Belgium Conrad Brussels ALAS Immobilien & Co Dritte 80 Guestrooms + Public Areas Hilton Worldwide 185 Rooms 40 Million Euro OS&E Procurement 3.9 Million Euro Renovation of a 1930 s building ocupied by Berlin s Royal Danish Embassy into a new 5* Design Hotel including Spa, Swimming Pool, Bar and Restaurants. Guestroom soft refurbishment. The Hotel remained opened during the construction works. Bonn, Germany Hilton Bonn Cannes, France Grand Hyatt Cannes Hotel Martinez Hilton Worldwide Constellation Hotels 252 Rooms (2 separate projects) 409 Rooms 9.1 Million Euro 46 Million Euro OS&E Procurement Refurbishment of the guest rooms. The Hotel remained in operation during the phased construction works. A mixed soft and hard guestroom and public refurbishment. The hotel remains in operation throughout the refurbishment programme.

Cape Verde Republic Hilton Cape Verde Cologne, Germany Hilton Cologne Vela Verde SA 240 Rooms Hilton Worldwide 296 Rooms (2 separate projects) 37.3 Million Euro 20.5 Million Euro FF&E Purchasing New-build resort hotel on an island in the Cape Verde Archipelago. Gross built area of property is 31.000m2. The Hotel was converted from a former German post sorting office. Following a successful opening the Hotel won the prestigious New Hotel of the Year Award. Chippenham, UK Lucknam Park Hotel & Spa Copenhagen, Denmark Scandic Webers Lucknam Park Hotel and Spa 1.800m2 Scandic Hotels 160 Rooms 11.9 Million GBP 9.1 Million Euro Full Cost Planning Project Monitoring High quality day spa including pool area, treatment rooms, relaxation area and gym. The existing spa was converted into a new fine dining restaurant and bar. Hard refurbishment of the guestrooms and public areas.

Craigendarroch, Scotland Hilton Craigendarroch Dundee, UK Apex City Quay Hilton Grand Vacations Apex Hotels 45 Rooms + Lodges 155 Rooms 5.5 Million GBP 9.3 Million GBP CDM - C OS&E Procurement Scottish Highlands country estate property. Refurbishment of main hotel and conference facilities. New building and leisure facilities including a spa and conference centre. Dresden, Germany Hilton Dresden Düsseldorf, Germany Breidenbacher Hof Morgan Stanley Real Estate 373 Rooms (2 separate projects) Pearl of Kuwait Real Estate 95 Guestrooms + Mixed-use scheme 17.5 Million Euro 120 Million Euro Hotel Management Consulting Employer s Representative Project & FF&E and OS&E Procurement Guestroom refurbishment and full back of house refurbishment. The Hotel remained in operation throughout the phased construction works. Inner city new-build scheme. The project includes a 95 bed luxury hotel, retail, commercial offices, penthouse apartments, basement car-parking and spa/ health club.

Düsseldorf, Germany Hilton Düsseldorf Edinburgh, Scotland Apex International Hilton Worldwide Apex Hotels 375 Rooms 241 Rooms 45 Million Euro 3.4 Million GBP Full The Hotel remained in operation throughout the works. The work included full hard and soft refurbishment of all 375 rooms, the public and back of house areas and the fassade renovation. Partial soft and hard refurbishment of rooms, restaurant and leisure facilities. Düsseldorf, Germany Steigenberger Park Hotel Edinburgh, Scotland The Glasshouse, Marriott Autograph Collection Steigenberger Hotels AG Westmont Hospitality 130 Rooms 77 Rooms 12 Million Euro 2.75 Million GBP FF&E and OS&E Procurement Guestroom soft refurbishment and hard refurbishment of the public areas. The Hotel remained in operation throughout the construction works. Soft refurbishment and rebrand of existing 65 rooms plus creation of additional 12 guestrooms in a new extension.

Edinburgh, Scotland Jurys Inn Edinburgh, Scotland Waldorf Astoria Jurys Doyle Hotels Shilling Real Estate Ltd 186 Rooms 200 Rooms 10 Million GBP 20 Million GBP Full FF&E Purchasing OS&E Purchasing CDM - C Development of a new wing and soft refurbishment of the existing areas. Hard refurbishment, conversion and re-branding of Grand Hotel into Waldorf Astoria. New fine dining restaurant for Galvin and spa for Guerlain. Hotel remains in operation during the works. Edinburgh, Scotland Sheraton Grand Hotel & One Spa Egerkingen, Switzerland Mövenpick Egerkingen Hotel Corporation Edinburgh Mövenpick Hotels & Resorts 700m2 125 Rooms 1.2 Million GBP 8.9 Million CHF Full Creation of a new day Spa including 8 treatment rooms, relaxation area and gym. Refurbishment of the guestrooms. The Hotel remained in operation throughout the phased construction works.

Frankfurt, Germany Frankfurter Hof Frankfurt, Germany Hilton Frankfurt Steigenberger Hotels AG 321 Rooms Hilton Worldwide 112 Rooms 23.4 Million Euro 2 Million Euro Soft refurbishment of 230 rooms and hard refurbishment of 91 rooms. The hotel will remain in operation throughout the phased construction works. A business hotel situated in the heart of Frankfurt s financial district. This project was the third and final phase of the soft refurbishment of all 342 guestrooms, suites and all corridors. Frankfurt, Germany Intercontinental Frankfurt The Hague, Netherlands Mövenpick Hotel Mansion Danube BV 475 Rooms Mövenpick Hotels & Resorts 32 Rooms + Public Areas 58 Million Euro Masterplan Study Cost Planning 0.6 Million Euro Quality Control Development of a full project brief including various option studies, budget estimates and the management of a masterplan study for the hard refurbishment of the hotel. Soft refurbishment of floors 7 and 8, including meeting rooms, break-out area and lobby. The hotel remains in operation during the construction works.

Heidelberg, Germany Crown Plaza Helsinki Airport, Finland Hilton Helsinki Westmont Hospitality Group Hilton Worldwide 232 Rooms 242 Rooms 3.5 Million Euro 45 Million Euro Cost Planning Soft refurbishment of the guest rooms and public areas. The hotel will remain in operation during the construction works. New-build hotel. s-hertogenbosch, Netherlands Mövenpick Hotel Lausanne, Switzerland Mövenpick Lausanne Mövenpick Hotels & Resorts Sonotel Ouchy Lausanne SA 40 Rooms 72 Room Extension 0.6 Million Euro 8.9 Million CHF Quality Control Soft refurbishment of floors 3 and 4, including the meeting rooms. The hotel remains in operation during the construction works. Interior fit-out of the newbuild wing of 72 rooms, plus meeting facilities. The Hotel will remain in operation during the construction works.

London, UK DoubleTree by Hilton Ealing Hotel London, UK Mornington Hotel Westmont Hospitality Group Mornington Hotel Ltd 189 Rooms 70 Rooms and Public Areas 7.23 Million GBP 2.5 Million GBP Full guestroom and public area refurbishment. The hotel will remain in operation throughout the phased refurbishment works. Soft refurbishment of guestrooms and public areas. London, UK DoubleTree by Hilton Hyde Park Hotel London, UK The Waldorf London Westmont Hospitality Group Hilton Worldwide 228 Rooms 280 Rooms 11.1 Million GBP 10 Million GBP OS&E Procurement Full guestroom and public area refurbishment. The hotel will remain in operation throughout the phased refurbishment works. Masterplan refurishment of this iconic Grand Hotel.

Luxembourg DoubleTree by Hilton Luxembourg Mainz, Germany Hilton Mainz Westmont Hospitality Group Hilton Worldwide 336 Rooms 433 Rooms 10.92 Million Euro Confidential Operator Technical Services Full guestroom and partial public area refurbishment. The hotel will remain in operation throughout the phased construction works. Technical services role and duties on behalf of Hotel Operator. Full refurbishment of the existing hotel. The Hotel remained in operation throughout the construction works. Luxembourg Hilton Luxembourg Münich, Germany Hilton Münich City Hilton Worldwide Hilton Worldwide 7 Suites 463 Rooms 1.7 Million Euro 14 Million Euro Hard refurbishment of 7 suites and soft refurbishment of the public areas. The hotel remained in operation throughout the works. Soft refurbishment. The Hotel remained in operation throughout the phased construction works.

Münich, Germany Hilton Münich Park Paris, France CitizenM Hotel Paris Hilton Worldwide CitizenM Hotels 484 Rooms 233 Rooms 15.92 Million Euro 22 Million Euro Full guest room and partial public area refurbishment. The hotel will remain in operation throughout the phased construction works. New-build modular hotel in a central airport location. Nice, France Hyatt Regency Nice Palais de la Méditerranéé Paris, France Courtyard Marriott Arcueil Constellation Hotels Mariott International 187 Rooms 170 Rooms 11.5 Million Euro Confidential Technical services role and duties on behalf of Hotel Operator. A mixed soft and hard guestroom and public area refurbishment. The hotel remains in operation throughout the refurbishment programme. The hotel is a new-build property which is part of a major mixed use development to the south of Paris.

Paris, France Crowne Plaza Republique Paris, France Hilton La Defense Westmont Hospitality SA Hilton Worldwide 318 Rooms 155 Rooms (2 separate projects) 11.2 Million Euro 12.6 Million Euro FF&E Purchasing Soft refurbishment of the guest rooms and hard refurbishment of the public areas. The hotel remained in operation throughout the works. The refurbishment works include the soft refurbishment of 100 standard rooms and the hard refurbishment of 55 rooms. Paris, France Hilton Charles de Gaulle Paris, France Holiday Inn Gare de L Est Morgan Stanley Real Estate Westmont Hospitality SA 384 Rooms 200 Rooms 5.6 Million Euro 3.4 Million Euro Soft refurbishment of the guest rooms and corridors. The hotel remains in operation throughout the works. Soft refurbishment of the guest rooms and public areas. The Hotel will remain in operation throughout the works.

Paris, France Hotel Beauchamps Paris, France Hyatt Regency Etoile Westmont Hospitality SA Constellation Hotels 89 Rooms 950 Rooms 9,2 Million Euro 64 Million Euro Cost management Parisian boutique hotel. Completion phase of the refurbishment of the guest rooms and public areas. A mixed soft and hard guestroom and public area refurbishment on this 34 storey central Paris hotel. The hotel remains in operation throughout the refurbishment programme. Paris, France Hotel du Louvre, a Hyatt Hotel Paris, France Mercure Terminus Nord Constellation Hotels Westbridge Management SA 177 Rooms 232 Rooms 18.5 Million Euro 5.2 Million Euro Cost management A mixed soft and hard guestroom and public area refurbishment. The hotel remains in operation throughout the refurbishment programme. Refurbishment of the guest rooms and public areas. The hotel will be developed into a 4 star plus boutique style. The hotel will remain in operation throughout the construction works.

Paris, France Mövenpick Paris Paris, France Sofitel Paris Le Faubourg Global Hotels & Resorts BV WBA Saint-Honore 242 Rooms 125 Rooms + Public Areas 12.5 Million Euro 12.78 Million Euro Cost management FF&E Purchasing FF&E and OS&E Procurement Full guestroom and bathroom refurbishment. The hotel will remain in operation during the construction works. Full guestroom and bathroom refurbishment. The hotel will remain in operation during the construction works. Paris, France Paris Marriott Opera Puglia, Italy Borgo Egnazi Ambassador Hotel SA 294 Rooms Egnathia Iniziative Turistiche 63 Rooms, 23 Villas, 92 Houses 19.1 Million Euro FF&E and OS&E Procurement 110 Million Euro Audit Programme Management OS&E Procurement Hard refurbishment of the guest rooms and public areas. The Hotel remained in operation throughout the works. New-build luxury resort project.

Reading, UK Hilton Reading Stockholm, Sweden Hilton Slussen Hilton Worldwide Hilton Worldwide 210 Rooms 286 Rooms 32 Million GBP 80 Million SEK Project Monitoring FF&E Purchasing Project monitoring on behalf of Operator to ensure Hilton brand compliance on newbuild hotel. Soft refurbishment of the guest rooms and conference area. The Hotel remained in operation throughout the phased construction works. Stockholm, Sweden Anglais Hotel Stockholm, Sweden Sergel Plaza Scandic Hotels Scandic Hotels 238 Rooms 403 Rooms 163 Million SEK 188 Million SEK Cost Planning Project Monitoring Cost Planning Detailed cost planning of proposed full masterplan refurbishment of the Hotel. Project Monitoring on behalf of operator. Detailed cost planning of proposed full masterplan refurbishment of the Hotel.

Strasbourg, France Hilton Strasbourg Venice, Italy J.W. Marriott Resort Westmont Hospitality La Sessola SRL Public Areas 262 Rooms 2.8 Million Euro 61.30 Million Euro FF&E Purchasing Soft refurbishment of the ballroom, conference facilities and food & beverage outlets. Resort property located on a private island in the Venice lagoon. 19 buildings are to be converted and refurbished. The project contains significant external works and landscaping. Templepatrick, Ireland Hilton Templepatrick Vienna, Austria Hilton Stadpark Vienna Hilton Worldwide Hilton Worldwide 129 Rooms 585 Rooms 5 Million GBP 69 Million Euro Project Monitoring Hotel, Golf and Country Club. Public area and conference suite refurbishment. Full refurbishment of the 585 guestrooms.

Zürich, Switzerland Hilton Zürich Morgan Stanley Real Estate 180 Rooms 14.5 Million CHF Refurbishment. The Hotel remained in operation throughout the phased construction works. For further information please visit our website at www.chandlerkbs.com