The European Securitization Forum (ESF) and Information Management Network (IMN) - which, for the first time, will join forces to co-host the Global ABS conference this year -are already looking for a new venue to host this yearly gathering. And the votes of market players will be used to make the choice between two French locales as alternatives to Barcelona, Spain, the traditional location for this major securitization event.
ESF and IMN have narrowed the choices down to either Paris or Cannes and opened the final decision up to delegate voting last week. For those still longing for some respite from dreary city landscapes, the Cannes venue will likely come in as the first choice. The venue is remote yet accessible enough to make getting there easy while preserving the party atmosphere that Barcelona's seaside location offers. But if its ease of travel that ends up being the biggest motivator, then holding the conference in Paris will likely be more appealing. In any case, Jade Friedensohn, senior vice president at IMN, said that Barcelona isn't being completely written off the list. "I think that for anyone who has been to our last few conferences, they can see the difficulty of squeezing the industry into a boutique hotel that more appropriately caters to 1000 delegates."