APHIC 2018 Ideal Platform to Gain Access to New Hospitality Projects
Bangkok (Thailand) – June 29, 2018 (travelindex.com) – Questex Hospitality Group, international conference producer, has concluded its two day Asia Pacific Hotel Investment Conference (APHIC) on 5-6 June 2018 at the JW Marriott Hotel Bangkok. Positioned as the ideal platform to gain access to new hospitality projects in the region, APHIC welcomed over 120 hotel owners/investors, operators, developers, policy makers, design/architect, and master planners in Asia Pacific.
Day one of the program, delegates heard from experienced hotel investors and experts on the following topics: APAC Hospitality Performance Update & Opportunities; Thirty Minutes around the World for Premium Yields; Successfully Traversing the Performance and CAPEX Impacts Arising from Industry Consolidations; Hot Debate: Do Brands Provide Premium Value that Justify the Additional Investments, Risks, and Nuisances?; Technology and Guest Experience – Dilution or Enhancement; Optimizing Asset amidst Compressed Operating Margins and Fierce Competition; Efficiently Utilizing the Tools of Financing to Generate Premium ROI; Accelerating the ROI through Integrating Branded Residences and Mixed-Use Projects Into Your Asset Mix; Unlocking the Potentials from Existing Assets through Ideal Conversion, Redevelopment, and Rebranding Strategies; and, Making Money in Key Gateway Cities and Popular Destinations. Delegates were encouraged to send in questions via an online platform, and the questions raised include: ͞How is the youth (hostel) market going in Europe/world? Any transactionopportunities; Is lease contract increasingly acceptable in Europe as compared to management contract?; Why do we often see select service hotels on offer in the market with much higher per key price tag than many other types of hotel?͟
Day two featured two tours to a total of six hotels and serviced residences. Delegates leveraged the opportunity to visit some of the most notable recently opened properties in Bangkok, which is always slightly ahead of the curve in South East Asia in terms of concept designs and amenities. The hotels that inspired, include Bangkok Marriott Hotel The Surawongse; X2 Vibe Bangkok Sukhumvit; Somerset Ekamai Bangkok; akyra TAS Sukhumvit, Kokotel Bangkok Surawong; and ZAZZ Urban Bangkok.
APHIC provided well-structured sessions with great insights and lively speakers. ͞Was a pleasure discussion how to unlock the potentials from existing assets through conversion, redevelopment and rebranding strategies with industry colleagues at APHIC. Old is the new NEW, or at least that’s the way we look at it,͟ said Tim Alpe, Chief Operating Officer – Hong Kong, Ovolo Hotels.
APHIC is part of the acclaimed International Hotel Investment Forum (IHIF) Series of summits, the leading meeting places for the Hotel Community. IHIF has become known as the place where deals get done and the forum where senior level executives in the industry rely on as a tool for expanding and developing their businesses.
About Questex Hospitality + Travel
The Questex Hospitality + Travel Group of Questex LLC serves the worldwide hospitality, travel and related industries that together contribute over $6 trillion to the global gross domestic product. Through an innovative platform of targeted solutions, the group serves the sector’s entire ecosystem, from tourism and hotel development and investment to hotel design, purchasing, management and operations.
The Questex Hospitality + Travel Group supports every B2B segment of the industry, from investment and development to management operations, sales and marketing of hospitality and travel products to destination development and marketing, via proven demand generation, learning, loyalty and rewards solutions as well as a network of live events.
This division of Questex is aligned around three broad market segments – hospitality, travel, and meetings – and supported by its digital media staff.
About Asia Pacific Hotel Investment Conference (APHIC)
APHIC – together with key partners – will present an opportunity for investors to gain access to new projects and new contacts from hotel owners/ investors, operators, developers, policy makers, design/architect, and master planners in Asia Pacific.