TO DISCUSS YOUR PROJECT OR LEARN MORE ABOUT OUR SERVICES:

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

HICAP Accor 's Issenberg'Reviewing Thailand Regional Office'

Category: Hotels, Posted:31 May 2010 | 06:00 am

The annual Hotel Investment Conference Asia Pacific Update in Singapore last week wrapped up on generally positive comments from most of the international operators weighing in with cautious optimism for the country.

One owner/operator French global hospitality giant ACCOR who manages over 40 hotels in Thailand was less than positive, as Chairman and CEO for Asia Pacific Michael Issenberg said “based on the protracted political events in Bangkok, that he was indeed very worried, and that the company was reviewing it's regional Bangkok office.”
Currently the company has an extensive presence at it’s regional offices in Central World office tower which provides back office functions for much of Southeast Asia.

While Thailand has announced a new round of recent zero tax incentives for ROH(regional operating headquaters) of international firms, clearly the timing may not be wise given the uncertainty facing businesses who have suffered from protracted volatility over the past 24 months.

It was good to see a reasonable turnout from the Thai hospitalty sector at the major investment forum including Amari (newly cristened management arm Onyx), Anantara, CBRE Thailand, Jones Lang LaSalle, Outrigger, Keen Media, Royal Phuket Marina, Golden Land and Limcharoen Hughes all working to keep the country visible in Asia's spotlight.

Other News

Read more

Vietnam Tourism Voices  – The Tiger Roars Back

Category: Tourism, Posted:24 Sep 2021 | 13:40 pm Next Tuesday join C9 Hotelworks and Delivering Asia Communications for an in-depth look at Vietnam’s return of the international marketplace. Vietnam’s tourism and hotel market is focused an upcoming ‘Sandbox-style’ reopening for international travel. With the Vietnamese resort island of Phu Quoc taking center stage in a proof of concept, the hospitality industry in this […]
Read more

Manic Monday. No Rain, No Rainbows

Category: Tourism, Posted:20 Sep 2021 | 14:24 pm Rainy days and Mondays are no reason to get down. We have three new Thai Road Trip episodes from C9 Hotelworks and our friends at Delivering Asia Communications for you. Have a seat, throw the umbrella out the window and take a look now. INSIDE STORY Bill Heinecke’s Phuket Resort Home Phuket Hotel Insight – […]
Read more

After The Sandbox – Phuket Hotels Ask What’s Next?

Category: Hotels, Posted:16 Sep 2021 | 09:37 am The resort island of Phuket’s proof of concept Sandbox advantage looks to dramatically change come October. Since the first of July island hotels have experienced considerably higher occupancy levels and much-needed revenue from international arrivals. This has been Sandbox generated, and travelers, not necessarily tourists. Bangkokians fleeing the red zone situation have also aided in […]