About
Professional Summary
Siddhika works in the Hotels & Resorts Consulting team as an Associate Director.
Accomplishments
MSc Finance
BSc Economics
Education
Cass Business School-MSc Finance
University of Leicester-BSc Economics
Services
Property Type
My Team
My Team
I have thirty years experience within the hotel and resorts sector.
This covers all areas from line management within operations, consulting advisory and corporate finance and property strategies.
I have even been an owner of my own hotel which I sold at the beginning of 2007.
I specialise in new hotel development and financing solutions within the hotel sector and in Management Agreements.
Resorts are a particular passion and I have a great deal of experience with these from inception to operations
Jessica is a Director who specialises in destination development for hospitality and mixed-use projects.
She is an experienced consultant and project manager who brings a holistic and strategic perspective to developing concepts and business plans for new sites. Her work involves identifying concept, positioning and destination strategy informed by market research; taking projects through financial feasibility appraisal; resolving strategic issues and working with master planners and wider development teams; to presenting projects to attract investment.
Jessica has a particular strength in understanding client and project requirements and in integrating the skills of Colliers specialist teams, local offices and external advisors and master planners to deliver to the needs of clients.
Her experience includes projects from 0.5 to over 800 hectares with elements including hotels, event venues, visitor attractions, residential, branded residences, office, retail, spa, wellness, golf, marina, leisure, entertainment and public realm. Projects stretch from resorts to urban brownfield sites.
Jessica has worked on projects throughout the UK and from the Caribbean, through Africa, the Western Mediterranean and Northern Europe to the Eastern Mediterranean and Eastern Europe.
Jessica has a degree from Cambridge University and a Masters in International Tourism Policy and is very widely travelled. She has been working in tourism, resort and mixed-use development for nearly 20 years. She works within the Destination Consulting and Hotels & Resorts Consulting teams in London.
www.colliers.com/en-gb/uk/services/hotels/hotels-and-resorts-consulting
www.colliers.com/en-gb/uk/services/destination-consulting
Michael graduated from the Shannon College of Hotel Management, Ireland in 1982. He spent a number of years gaining experience in Switzerland, Germany and UK until he joined the development division of Toby Restaurants (BASS PLC) in 1984. He spent five years there as Area Manager responsible for the development and operation of new concept units in London and the home counties.
In 1989, Michael joined the London office of Horwath Consulting and quickly became responsible for pioneering the company’s work in Central and Eastern Europe and the CIS countries, gaining extensive experience in undertaking feasibility and strategic work for new hotel, real estate and leisure developments and the privatisation of state-owned hotels and tourism assets.
In 1994, the company re-branded as BDO Hospitality Consulting with Michael being promoted to associate director progressing to the role of director in 1996, continuing his responsibility for Central and Eastern Europe whilst also working on assignments in the UK, Middle East, Brazil and most importantly in Germany, where he was responsible for and an executive director of the firm’s joint venture with BDO GmbH, namely BDO Hospitality Consulting GmbH.
In January 1998, Michael and his fellow executive directors lead a management buy-out from BDO rebranding to TRI Hospitality Consulting in October 1999. Michael played a key role in helping the company establish a solid reputation as one of the leading firms of consultants in the sector and was primary responsible for generating fees for the company and directing assignments in Germany, Russia, CIS and Central Europe. At the beginning of 2001, Michael joined HVS International as director responsible for the development of new business opportunities for the company.
Michael has more than 25 years of experience in the international hotel sector and has specialised in Central and Eastern Europe and Russia/CIS since 1989 and is considered to be the leading expert in this region. In recognition of his knowledge of the region, Michael has moderated key discussion panels dedicated to hotel development in Russia and CIS countries at the International Hotel Investment Forum, Berlin, March 2008-15, Russia CIS Hotel Investment Forum, Moscow, October 2007-15, ProEstate Conference, St Petersburg, Russia, September 2007-10, GRI Conference, London, April 2007, the International Hotel Investment Conference, Rome, October 2006-09, Adam Smith Real Estate Conference, Moscow, May 2005-07, International Hotel Investment Conference, Monte Carlo, September 2005 and ProfitHotel, Warsaw, October 2005.
Michael then joined Horwath HTL in May 2002 as founding partner and managing director for Horwath HTL Hungary and Russia responsible for all assignments in Central and Eastern Europe, Russia and CIS. He has also been involved in projects throughout the world including Western Europe, Middle East and Latin America. Michael had been a member of the worldwide Horwath HTL committee for almost a decade.
During the last decade, Michael has been involved in hotel projects in over 40 different cities in Russia and CIS and has been successful in attracting international interest in the realisation of single asset and portfolio hotel projects. Horwath HTL Russia is considered to be market leaders in hospitality consulting in Russia. He has dealt with a broad range of clients from high net worth individuals to large international corporates.
Since early 2016, Michael has been operating as an independent consultant based out of London before joining Colliers International Hotel and Resorts team in London as a director in July 2017.
Cherise has 14 years' experience in the hospitality, tourism and leisure industry, providing consultancy advice across a broad range of sectors from hotels, golf resorts and spas, to exclusive-use venues and mixed-use developments.
She specialises in the hotel and extended stay sector, focusing primarily on market and financial feasibility studies, development advice, site and location analysis, best-use and concept development, and operator search, selection and negotiation.
Cherise also has a keen interest and expertise in preparing hotel need assessments and non-viability appraisals in support of planning applications for change of use.
I joined Colliers in June 2019 as a Team Administrator for both the Hotels & Resorts Consulting and the Hospitality Asset Management Teams. I support both Head's of Department plus the wider team on a day to day basis.