Bangkok to Host South East Asia Hotel Investors Summit (SEAHIS) 14 - 15 May 2018

Real Estate Press Releases Wednesday May 9, 2018 11:54
กรุงเทพฯ--9 พ.ค.--The Westin Grande Sukhumvit
South East Asia Hotel Investors' Summit (SEAHIS) to focus on key topics impacting the world's most promising hotel region

The South East Asia Hotel Investors' Summit returns on the 14th - 15th May, the summit will be back in the heart of the world's most dynamic hotel region - the only place where significant new supply is also being backed by lots of new demand, held at the Westin Grande Sukhumvit Bangkok.

Over the twelve months between October 2016 and September 2017, HVS Asia Pacific notes that close to 240 transactions worth approximately US$12 billion have been made in the region. Transaction volume in Asia Pacific has increased by almost 12%. In Thailand, one of the most notable transactions made last February was that of the 325-key Swissotel Nai Lert Park sold at ฿4.1 billion (approx US$130 million).

SEAHIS organizer Simon Allison notes: "The Middle East is seeing a lot of new demand but also has vast amounts of supply, which is storing up problems; Europe and the USA are stable with adequate demand growth and relatively few new hotels being built. Only in South East Asia do we see a strong pipeline of new hotels, hotels and serviced apartments, but also surging demand. Bangkok, the world's most visited city and home of multiple hotel brands like Centara, Minor, Dusit, Onyx, Six Senses, Soneva, BHM, and U City is at the very centre of this trend."

SEAHIS will feature the bringing together of 60 hotel owning groups and around 50 hotel management companies to debate the key issues impacting tourism in South East Asia, Australia/New Zealand, Hong Kong and Taiwan with distinguished speakers such as Puneet Chhatwal, Chief Executive Officer of Taj Hotels, Suchad Chiaranussati, CEO of SC Capital, Thiti Thongbenjamas Chief Investment Officer at Singha Estate, Vorada Thangsurbkul First EVP, Investment Banking Division Siam Commercial Bank, and James Mabey, Chief International Business Officer of The Standard along with another 30 CEOs speakers. (View Full Speaker list here)

The topics will highlight key issues impacting tourism in South East Asia, Australia/New Zealand, Hong Kong and Taiwan:
The supply surge in Vietnam;
Rising labour costs and the need for efficiency;
How listed hotel owning groups trade in the markets;
Whether land prices are getting out of hand for developers;
The hurdles to getting the Philippine market going;
More information about SEAHIS 2018 is available at www.seahis.com,including discounted rates for hotel owning groups.
Enquiries about the summit can be directed to Simon Allison, CEO of HOFTEL, at: Tel: +44 7771 762274 Email: simon.allison@hoftel.com

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