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

Destination Group Transacts Khao Lak Hotel

Category: Hotels, Posted:21 Sep 2022 | 16:21 pm The Destination Group has acquired a partially completed beachfront 400-key hotel in Khao Lak, Phang Nga. What was named the Mora Resort which is under construction will see Destination fully complete and brand the property. An opening in late 2023 is planned for the hotel which is located near the JW Marriott. Access to Khao […]
Read more

Soho House Bangkok Opening in December

Category: Hotels, Posted:21 Sep 2022 | 13:09 pm Uber global social brand Soho House will debut in Bangkok this December 2022. Located in the former Eugenia hotel in Sukhumvit Soi 31, the property has been reinvented. With three floors of facilities, food, beverage, and cultural events are also set to be showcased. Soho  House Bangkok membership is set at THB135,000 per year, with […]
Read more

UWC Phuket Enters International School Property Market

Category: Real estate, Posted:20 Sep 2022 | 08:46 am One of Phuket’s leading international schools UWC has entered into a development deal for integrated living. The school has subdivided a portion of its land adjacent to the campus and will have properties built by a Phuket real estate group TYSSEN VIP Development. Branded as the Campus Villas, the 44-unit gated estate offers four types […]
SiaJai logo

Thailand's Leading Homecare Marketplace