The two-day South-east Asia Hotel Investors’ Summit (SEAHIS) kicks off this afternoon at Westin Grande Sukhumvit, Bangkok, promising heavy-hitting discussions among owners and investors on the most challenging issues facing the region’s hotel industry.
Sixty of the region’s leading hotel owning companies are among over 220 registered delegates at SEAHIS 2018 from 15 different countries in Asia, according to organiser HOFTEL, the world’s leading association of hotel property investors.
“It is an exciting time to be in South-east Asia, the only place where significant new supply is also being backed by lots of new demand,” said HOFTEL chairman & CEO, Simon Allison.
“The Middle East is seeing a lot of new demand but vast amounts of supply, which is storing up problems; Europe and the US are stable with adequate demand growth and relatively few new hotels being built. Only in South-east Asia is there not only a strong pipeline of new hotels and serviced apartments but surging demand.”
Among 82 confirmed speakers, more than half are new faces to SEAHIS including Brian Williams, deputy chairman of Swire Hotels; Suchad Chiaranussati, founder of SC Capital; Puneet Chhatwal, CEO of Taj Hotels; Dillip Rajakarier, CEO of Minor Hotels; Olivier Do Ngoc, managing partner of Dynasty Investments; Siew Kim Beh, CEO of Ascott Residence Trust Management, Markland Blaiklock, deputy CEO of Centara and David Hamblin, vice president, Lodging Partner Services, Expedia.
SEAHIS will address the latest market trends, the rise of OTAs, the challenges faced by markets seeing massive new supply like Vietnam and challenging logistics like the Philippines; ask whether Thai resorts can ever compete on price with the Maldives, and question the big brands about whether their scale is now allowing them to squeeze owners on fees and terms.
A roundtable format provides guests a unique opportunity to grapple with the issues close at hand with owners and entrepreneurs, and startups seeking capital and investment an opportunity to get in front of the industry’s key decisionmakers.