TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

  • This field is for validation purposes and should be left unchanged.

One-Minute HICAP 2016 Update

Category: Hotels, Posted:22 Oct 2016 | 15:07 pm

Asia’s premier hospitality event in Hong Kong has just concluded and I wanted to bring you an update from HICAP 2016 (Hotel Investment Conference Asia Pacific)

Attendance was high, with numbers rising from 2015; strong market sentiment is clearly in the air.

Consolidation, take-overs and growing brand stables took the headlines. The Marriott Starwood marriage and ACCOR’s Fairmont Raffles deal were key subjects.

Though underpinning the discussions were practical talks about is bigger better? How to maintain identity of the volume of brands and is the move an improvement for owners?

ACCOR’s Sebastian Bazin wowed the audience over his disruptive shift into the tech world and goal to move a substantial portion of group revenue from the shared economy. Bold and impressive talk.

Thailand’s Bill Heinecke of the Minor Hotel Group took center stage and received a lifetime achievement award.

David Keen’s rebels panel which included trendsetting Ace, Potato Head and Ovalo leaders took an alternative view of the universe. One of the most interesting comments came from Keen who said “these evolving brands give oxygen to the institutional players in terms of new ideas, concepts and getting out of the box.

Another key session was on poshtels, and the rapid development of this sector. Hybrid management group Meininger from Europe was present as talk turned to rising investment from private equity and how the segment was not coming onto the radar of the big brands.

While a typhoon shut down many of the social elements, the reality of Asia’s strong hospitality sector and optimistic sentiment bodes well for 2017.

 

Other News

Read more

From Spas to Longevity: Phuket Evolves into a Global Wellness Tourism Leader

Category: Hotels|Real estate|Tourism, Posted:29 Nov 2024 | 08:10 am Wellness tourism is in great shape. One of the fastest growing areas of the tourism industry, the sector has grown from a niche market for committed health seekers to become a THB 219 trillion (USD 6.3 trillion) global powerhouse. At the heart of this revolution is Asia Pacific, which accounts for 30% of the worldwide […]
Read more

C9 Session Today On Phuket’s Wellness Sector for Hotels, Tourism and Real estate

Category: Hotels|Real estate|Tourism, Posted:27 Nov 2024 | 07:30 am There is still time to register for today’s C9 Session (Wednesday 27th November 2027, which will be held at the Amora Phuket Resort Bangtao. How is Longevity and a health-focused lifestyle changing the face of the wellness industry? Join us for a unique 90-minute learning session featuring experts from international medical wellness, tourism, resort and real […]
Read more

New Onyx and Equatorial JV Hotel for Kata Phuket

Category: Hotels|Real estate|Tourism, Posted:19 Nov 2024 | 09:27 am A new 180-room branded property, the EQ Phuket has been announced for Kata Beach. The property, which is located next to Club Med, was developed by a joint venture between Thailand’s Onyx Hospitality and Malaysia’s Equatorial Group. Investment into the project is THB2.5 billion (approximately USD72 million). Equatorial Group, a legacy Asian hotel group, has […]
SiaJai logo

Thailand's Leading Homecare Marketplace