Andreas Scriven leads Deloitte's global travel, hospitality and leisure arm
Deloitte has appointed Andreas Scriven, a veteran of the hospitality and leisure industry, as Partner and leader of the firm's hospitality and leisure practice. The sector faces a range of challenges and opportunities from Brexit, with Scriven, among others, tasked with firm and client strategy development.
Prior to re-joining Deloitte, Andreas Scriven worked at Christie + Co, a property advisory firm in the hotels, public houses, leisure, care, retail and medical sectors, as its International Managing Director. He joined the firm in 2008, and latterly was responsible for its 16 offices across Europe and the Middle East, as well as the China Desk. He previously worked at Deloitte, most recently in senior roles (Assistant Director / Senior Manager) in its Corporate Finance practice. Scriven, who holds a degree from Cornell University’s School of Hotel Administration, joined Deloitte in 2003, at a time when the firm was operating under the flag of the now defunct Arthur Anderson.
The UK hospitality and leisure industry is in the midst of a period of uncertainty, as the effect of Brexit makes itself known on the industry. A low pound has already begun to affect decisions from wealthy visitors, looking for shopping bargains, while UK holiday makers place plans on ice. At the same time, the country’s hotel stock is in a period of low supply, which has pushed up revenues per room in various regions, particularly in Belfast and London.
In his new role as Partner at the firm, Scriven will take over the leadership of Deloitte’s hospitality and leisure practice from Nick van Marken, who has been with Deloitte since 1996. In this capacity, he is tasked with developing the travel, hospitality and leisure group (THL) strategy for the practice, as well as with engaging other member firm’s within the global network. Scriven, who is based in London, brings considerable sector experience to the new role. Client related experience covers leading global brands and operators, private equity and hedge funds, property investors and developers, and overseas investment funds.
Commenting on his new challenge, Scriven said, “This is an exciting and challenging time for the hospitality and leisure industries. It is a competitive sector that has to adapt to changing consumer habits and disruptive technology.”
Dominic Graham, head of THL at Deloitte in the UK, remarked that it is “excellent” to have someone of Scriven’s calibre at the helm, stating “Andreas brings a wealth of experience in and it is clear to see that his leadership will only benefit the rest of the team and our clients in this fast-growing industry.”
According to a recent report from Deloitte’s THL group, London was ousted last year by Dutch capital Amsterdam as Europe’s top city for hotel investment.