This week, Ira spoke with Oliver Lovat. a leading academic, researcher, writer and president of Denstone Group (which offers consultancy in the fields of strategy, asset management and development, specializing in customer facing real estate). In this episode of “Talk About Las Vegas With Ira,” Oliver talks about why Las Vegas is built for fun; why, at the end of every recession, something new happens in Las Vegas; the industry’s marketing strategies of tandem experiences and revenue buckets; how Las Vegas holds perishable inventory; the effect of the opening of the Fontainebleau on the North end of the Strip; why the property makes the destination; the effects of paid parking; the latest trend that he sees in Las Vegas; and why he is optimistic about its future.
Oliver is an expert in customer-facing real estate and the evolution of Las Vegas, serving as faculty at City, University of London Business School in London, as regular contributor at the UNLV and previously as faculty at The University College of Estate Management, lecturing on strategic asset management.
He has spent the past 20 years in investment, development, finance and strategy, transacting across multiple jurisdictions, asset classes and ownership structures. His recent focus has been developing and implementing strategies for retail, gaming and hospitality environments, including international casino companies.
Oliver is a special features writer at Global Gaming Business, columnist at Gaming America and Gambling Insider Magazines, and has a selection of published papers on strategic trends in Las Vegas.
Originally from Scotland, he spent 15 years working in London before moving to the USA in 2015 to work specifically in gaming and hospitality.
Oliver holds a BA in Social Sciences, MSc in Real Estate Investment, MBA with a focus on Finance and Strategy and is a Fellow of Royal Institution of Chartered Surveyors (Finance and Investment).
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