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15 January 2018 | Hôtellerie

Christie & Co announces Romain Gowhari as Managing Director France & Belgium

Christie & Co, the leading specialist advisor for buying and selling hotels in Europe has appointed Romain Gowhari as Managing Director | France & Belgium. Romain is an expert in hotel investment and has extensive experience working on key transactions in the hotel sector in France and internationally.

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Previously Head of Hotel Capital Markets for France, BENELUX and Italy, Romain joined Christie & Co in September 2017 from Amundi where he was Hotel & Retail Asset Manager. There he managed an asset portfolio of 26 properties including 15 hotels and tourist residences. Romain also piloted large-scale transactions, such as the acquisition of Pullman Paris Tour Eiffel (430 rooms). Previously, he held the post of Senior Analyst in hotel deals for Accor Hotel Group, managing transactions for amounts up to €500m.

Chris Day, Global Managing Director at Christie & Co comments;"This year Christie & Co’s French office celebrates its 20th anniversary and now is an ideal time to announce Romain’s new role. Since he joined the team last year he has been making strides in the market developing the corporate and institutional clientele and ensuring our French team is a force to be reckoned with. In his new role he will ensure the rising power of Christie & Co in the French, BENELUX and Italian markets." 

Romain Gowhari comments on his appointment, “I see a positive resurgence of France on many fronts. From the market trading performances, to increasing interest from foreign investors in the French market as well as French investors gearing up for expansion. French Real Estate Asset Managers for instance such as Amundi, AEW Ciloger, AXA and PAREF, amongst others, have seen their annual cash collection increase dramatically over the past few years pushing them to diversify their allocation both in terms of asset classes and geography. This benefits directly hotel investments both in France and abroad, with a focus on Germany, Spain & Portugal.

“My role as a Managing Director for France & Belgium is to make sure that Christie & Co’s pan European clients, from individual hotel owners to global international investors, find within Christie & Co France a strong partner able to help them design and roll out their hotel investment strategies with outstanding results.

“Christie & Co is indeed, in my eyes, the only “Glocal” hotel consultancy firm; with both a global client oriented approach and a “tailor made” local understanding and coverage of the markets in which we operate, enhanced by 30 offices across Europe and Asia.”