South East Asia Hotel Investors’ Summit brings ‘hard-hitting debates’ to Dusit Thani Bangkok
The inaugural South East Asia Hotel Investors’ Summit will be held next month at Dusit Thani Bangkok, the flagship hotel of Thailand-based, global hospitality company Dusit International, bringing together hotel company CEOs and other senior executives from around the region for what promises to be an unusually direct and hard-hitting series of debates.
Organised by HOFTEL, the world’s only global hotel owners’ alliance, which also organises the annual Gulf and Indian Ocean Hotel Investors’ Summit (GIOHIS), SEAHIS will feature not only Thai hotel leaders, but also respected names from Hong Kong, Indonesia, Singapore, Malaysia, Vietnam, the Maldives and Australia.
Among the confirmed speakers are James Riley, Group CEO and Executive Director of Mandarin Oriental Hotel Group; Jennifer Cronin, President of Niccolo Hotels & Marco Polo Hotels; Vincent Yeo, CEO of M&C Reit Management; Tan Juay Hiang, CEO at Ascendas Hospitality Fund Management Pte Ltd; Ricky Ang, COO of Swiss-Garden International Hotels, Resorts & Inns; Peter Ryder, CEO of Indochina Capital; and Ron Barrott, CEO of Pro-invest Group.
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Approximately 50 different companies which own or develop hotels, and whose portfolios are worth billions of dollars, will join the event in Bangkok.
“Hotel owners have a wide range of concerns in today’s market: high commissions from the OTAs; consolidation among operators leading to fewer choices, higher fees, and even more one-sided contracts; the spread of the sharing economy; global instability, and of course the ever-present danger of oversupply,” said Simon Allison, CEO of HOFTEL. “What makes SEAHIS unusual is that almost all our sessions are led by senior executives from the real estate side of the business and they are likely to speak out and voice their views openly and in some cases quite assertively. There should be some excellent discussions.”
Ms Suphajee Suthumpun, Group CEO of Dusit International, said, “We are delighted to host this unprecedented gathering of hotel real estate investors at our flagship hotel in Bangkok. The Summit promises to provide valuable insights for all who attend, and this complements well our own vision for hospitality education, which aims to provide industry-wide benefits via the sharing of best-practices.”