Luxury Hotelier - February 2008 - (Page 50) 50| Update Education, networking highlight HOTEC Asia ore than 200 attendees gathered at the Grand Hyatt Hotel Bali (Indonesia) in October at HOTEC Asia to learn the latest market trends and hot spots in the region. Rio Kondo, director of Horwath Hotel, Tourism and Leisure’s Jakarta office, said average daily rates and revenue per available room continue to rise dramatically throughout the region. “Since 2002, Asia has been looked upon as the next big market,” Mr. Kondo said. “The Asian market is dominating the hotel market.” He said specific markets hold promise: Macau is poised to become the largest gaming center in the world. “The Indian government is doing everything it can to become a less tricky market and become more open,” he said. Vietnam appeared on developers’ radars in 2006. “You can see that the [Vietnamese] government is very, very serious about tourism,” Mr. Kondo said. He said the estimated RevPAR for 5-star markets are: Hong Kong $181, China $112, Malaysia $65 and Singapore $120. “I can’t believe Hong Kong is staying there,” he said. “It’s still very profitable to build a hotel in Hong Kong.” The chance of a procurement services company that focuses on volume buying, supply-chain management and value-added services, such as Avendra, being launched in Asia is remote, according to a panel held during the conference. “One of the key elements that I came to learn very quickly is the distribution model and logistics model that I was familiar with in North America do not exist in Asia,” said Jim Wilkinson, vice president of procurement for Shangri-La Hotels and Resorts. “You have 14 countries, M 1 HOTEC 2 3 4 å Guests enjoyed a gentle breeze during the beachside opening night welcome reception. ç Jacques Seidenberg of Accor Asia Pacific is welcomed upon his arrival at the Grand Hyatt Bali. é John Swete [right], sales manager, Asia Pacific for Precor, is involved in a discussion during a reception. è The farewell dinner on the event’s final evening was moved indoors because of the threat of rain. Luxury Hotelier | February 2008 | www.LuxuryHotelier.com http://www.LuxuryHotelier.com
Table of Contents Feed for the Digital Edition of Luxury Hotelier - February 2008 Luxury Hotelier - February 2008 Editor's Letter Publisher's Letter Inform Network Forever Young Evolution for Jumeirah Insight Diamond in the Rough Amenities Televisions Art in Residence Yield Management Development Wine Lists Marketing to Locals Update Advertisers Index Editorial Index Source Listing Dossier Luxury Hotelier - February 2008 Luxury Hotelier - February 2008 - Luxury Hotelier - February 2008 (Page Cover1) Luxury Hotelier - February 2008 - Luxury Hotelier - February 2008 (Page Cover2) Luxury Hotelier - February 2008 - Luxury Hotelier - February 2008 (Page 1) Luxury Hotelier - February 2008 - Luxury Hotelier - February 2008 (Page 2) Luxury Hotelier - February 2008 - Luxury Hotelier - February 2008 (Page 3) Luxury Hotelier - February 2008 - Editor's Letter (Page 4) Luxury Hotelier - February 2008 - Editor's Letter (Page 5) Luxury Hotelier - February 2008 - Publisher's Letter (Page 6) Luxury Hotelier - February 2008 - Publisher's Letter (Page 7) Luxury Hotelier - February 2008 - Inform (Page 8) Luxury Hotelier - February 2008 - Inform (Page 9) Luxury Hotelier - February 2008 - Inform (Page 10) Luxury Hotelier - February 2008 - Inform (Page 11) Luxury Hotelier - February 2008 - Network (Page 12) Luxury Hotelier - February 2008 - Network (Page 13) Luxury Hotelier - February 2008 - Forever Young (Page 14) Luxury Hotelier - February 2008 - Forever Young (Page 15) Luxury Hotelier - February 2008 - Forever Young (Page 16) Luxury Hotelier - February 2008 - Forever Young (Page 17) Luxury Hotelier - February 2008 - Forever Young (Page 18) Luxury Hotelier - February 2008 - Forever Young (Page 19) Luxury Hotelier - February 2008 - Evolution for Jumeirah (Page 20) Luxury Hotelier - February 2008 - Evolution for Jumeirah (Page 21) Luxury Hotelier - February 2008 - Insight (Page 22) Luxury Hotelier - February 2008 - Insight (Page 23) Luxury Hotelier - February 2008 - Diamond in the Rough (Page 24) Luxury Hotelier - February 2008 - Diamond in the Rough (Page 25) Luxury Hotelier - February 2008 - Diamond in the Rough (Page 26) Luxury Hotelier - February 2008 - Diamond in the Rough (Page 27) Luxury Hotelier - February 2008 - Diamond in the Rough (Page 28) Luxury Hotelier - February 2008 - Diamond in the Rough (Page 29) Luxury Hotelier - February 2008 - Amenities (Page 30) Luxury Hotelier - February 2008 - Amenities (Page 31) Luxury Hotelier - February 2008 - Televisions (Page 32) Luxury Hotelier - February 2008 - Televisions (Page 33) Luxury Hotelier - February 2008 - Televisions (Page 34) Luxury Hotelier - February 2008 - Televisions (Page 35) Luxury Hotelier - February 2008 - Art in Residence (Page 36) Luxury Hotelier - February 2008 - Art in Residence (Page 37) Luxury Hotelier - February 2008 - Art in Residence (Page 38) Luxury Hotelier - February 2008 - Art in Residence (Page 39) Luxury Hotelier - February 2008 - Art in Residence (Page 40) Luxury Hotelier - February 2008 - Art in Residence (Page 41) Luxury Hotelier - February 2008 - Yield Management (Page 42) Luxury Hotelier - February 2008 - Yield Management (Page 43) Luxury Hotelier - February 2008 - Development (Page 44) Luxury Hotelier - February 2008 - Development (Page 45) Luxury Hotelier - February 2008 - Wine Lists (Page 46) Luxury Hotelier - February 2008 - Wine Lists (Page 47) Luxury Hotelier - February 2008 - Marketing to Locals (Page 48) Luxury Hotelier - February 2008 - Marketing to Locals (Page 49) Luxury Hotelier - February 2008 - Update (Page 50) Luxury Hotelier - February 2008 - Update (Page 51) Luxury Hotelier - February 2008 - Editorial Index (Page 52) Luxury Hotelier - February 2008 - Editorial Index (Page 53) Luxury Hotelier - February 2008 - Source Listing (Page 54) Luxury Hotelier - February 2008 - Source Listing (Page 55) Luxury Hotelier - February 2008 - Dossier (Page 56) Luxury Hotelier - February 2008 - Dossier (Page Cover3) Luxury Hotelier - February 2008 - Dossier (Page Cover4)
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