BANGKOK MEGA-PROJECTS TAKE CENTRE STAGE AT THAILAND TOURISM FORUM 2018, AS TOP DEVELOPERS REVEAL PLANS TO CHANGE CITYSCAPE

Real Estate Press Releases Friday December 8, 2017 14:26
Bangkok--8 Dec--Delivering Asia Communications
Running under the theme 'MEGACITY BANGKOK– A Tourism and Hotel Futurescape', the seventh annual TTF will focus on the redevelopment of the thriving Thai capital

The Thailand Tourism Forum (TTF) will return for its seventh annual edition on January 22nd, 2018, gathering approximately 650 hotel industry professionals at the InterContinental Hotel Bangkok to discuss the mega-projects that are reshaping Bangkok's cityscape.

Running under the theme 'MEGACITY BANGKOK– A Tourism and Hotel Futurescape', TTF 2018 will focus on the redevelopment of the thriving Thai capital. A series of high-level speakers will address the one-day event, including Mr Srettha Thavisin, President of Sansiri PLC, one of Thailand's leading hotel and real estate developers.

Sansiri recently entered the hospitality space in partnership with Standard Hotels to create the upstart hotel brand, Monocle, and Mr Thavisin will be interviewed on stage at the forum, discussing how "Large Scale Projects Contribute to Better Tourism Experiences."

He will be joined at the event by executives from some of the Thailand's largest conglomerates, hotel leaders, expert analysts, developers, financiers and more. The opening address will be made by Bill Barnett, TTF event co-organiser Managing Director of C9 Hotelworks.

"Thailand's tourism industry continues to ride the crest of a wave, with record-breaking numbers of global visitors clamouring to experience the country's many attractions," Mr Barnett said. "As the country's capital and major international gateway, Bangkok is fast becoming one of the world's great mega-cities.

"To sustain such numbers however, Bangkok needs large-scale redevelopment. Massive infrastructure projects are pushing into more districts and creating new tourism hotspots such as the Chao Praya River area. At TTF 2018, we will learn first-hand about the ambitious plans for Bangkok's emerging cityscape and examine their impact on the tourism and hospitality sectors," Mr Barnett added.

Thailand's tourism industry is on track for yet another record-breaking year. According to data from the Tourism Authority of Thailand (TAT), the Kingdom welcomed 17.3 million international visitors in the first half of 2017, generating THB876 billion (US$25 billion). Tourism revenues are expected to reach an all-time high of THB1.81 trillion (US$50 billion) for the full year.

This rising demand is also boosting confidence in Thailand's hotel sector; according to STR, approximately 100 new hotels are currently in the country's pipeline, potentially adding 21,600 new rooms to the national inventory – many of which will be in Bangkok.

But challenges remain; Thailand's transport infrastructure struggles to cope with the tourism influx, hoteliers face strong competition, and average daily rate (ADR) remains under pressure. So what does the future hold for Bangkok? A series of multi-billion-baht developments, including transport links, mega-malls, attractions, hotels and residential projects, are transforming the cityscape, creating both opportunities and threats for the city.

TTF 2018 will address all these issues, with a comprehensive, insightful programme of discussions, debates and presentations. The forum will conclude with an evening networking event and cocktail party.

In addition to Srettha Thavisin, President of Sansiri PLC, speakers and panellists at TTF 2018 include Dillip Rajakarier, CEO of Minor Hotel Group; Nikhom Jensiriratanakorn, Director of Horwath HTL; Thomas Schmelter, IHG's Director of Operations for Thailand & Indochina; KC Moy, Executive Vice President of Capella Hotel Group; Mike Batchelor, JLL's Managing Director, Investment Sales for Asia; Jesper Palmqvist, STR's Area Director for Asia Pacific; Caroline Cheah, General Manager of the Shangri-La Hotel, Bangkok; and many more.

To see a full programme and download the presentations from the event, please visithttp://www.thailandtourismforum.com.

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