Thorsten Purkus leads Union Investment Real Estate GmbH’s international hotel asset management. The 2.5 billion EUR portfolio consists of 34 assets spanning 8 countries. Most recently, Mr. Purkus served as Managing Partner at PVP Hospitality LLC, an advisory firm with expertise in asset management and hotel development in Africa. He also has experience as Head of Hotel Asset Management with Munich Hotel Partners GmbH. Mr. Purkus is a 15-year veteran of Hyatt Hotels Corporation where he was most recently the Vice President of Feasibility & Development Finance for Europe, Africa, Middle East, and Southwest Asia. During his tenure he appraised and valued with his team some 200 projects annually with a sales volume of 3 billion EUR.
Speaking at International Hospitality Investment Forum
Evolution of the Asset Management Function and its Benefit to Hotel Investment
Whilst often maligned, the Asset Management function has proved to be a critical part of the hotel operation, driving performance and value.