Opinion Articles

September 21, 2020

Hospitality India – Braving the Winds

Clichéd as it may sound, the adage rings true for India's Hospitality Sector today - 'When the going gets tough, the tough get going!'

By Achin Khanna, Managing Partner, Hotelivate Private Limited

September 7, 2020

HVS Monday Musings: Mid-Market Hotels to Lead the Indian Hotels Sector Revival Story

The growth of domestic tourism, changing lifestyles, increasing affinity towards competitively priced branded hotels and expansion of business activity to Tier 2 & 3 cities have bolstered the popularity of Mid-market or Midscale hotels in India in the recent past. Both domestic and international hotel companies with established as well as new midscale brands have increased their presence in the country to leverage the growing demand from middle-income domestic travelers and international budget travelers, especially in Tier 2, 3 & 4 cities.

By Dipti Mohan and Akash Datta

Opinion Article Development

August 25, 2020

Hong Kong Site 3 – A Hotel Perspective

As shown in the Planning Department's site plan, Site 3 will enjoy expansive harbour views from its northern section. The Hong Kong Observation Wheel located at piers 9 and 10 is a temporary structure and will not impede the site. One major drawback from a developer's point of view is the building height restriction of 50 meters. Somewhat unusual for Hong Kong, the tender process is conducted in a two-envelope scheme with equal weighting between design proposals and price. A comprehensive list, by Hong Kong standards, of requirements is stipulated in the 33-page planning brief.

By Daniel Voellm, MRICS, CEO & Founder, AP Hospitality Advisors

Hong Kong, China

August 17, 2020

HVS Monday Musings: Quality Hotel Supply is the Key to Developing Fledgling Tourist Destinations

India is one of the fastest growing travel & tourism (T&T) economies in the world thanks to its diverse landscape, rich heritage and cultural diversity, which attracts tourists from across the country and the world. Recognizing the importance of the T&T sector in economic growth, the Government of India (GoI) has introduced several initiatives to promote the sector including strengthening of road, rail and air connectivity to tourist destinations in the past couple of decades.

By Mandeep Lamba and Dipti Mohan

July 30, 2020

The Impact of COVID-19 on the South Korea Hotel Industry

HVS has conducted a survey about the COVID-10 pandemic and its unprecedented impact on the South Korea hotel market. The survey is divided in two sections, how the properties in South Korea is reacting in response to drop of overall demands throughout contingency plans and viewpoint of how experts in the hotel operations are recognizing sign of recovery of pandemic as well as their outlook of the market in the future.

By Han Sol Park and Daniel Voellm

Korea, Republic of

Radical Innovation Hospitality TECHNOLOGY

July 16, 2020

HVS Market Pulse: Luang Prabang, Laos

Luang Prabang is located in north central Laos on a peninsula bounded by the Mekong River to the north and the Khan River to the east. Listed as a UNESCO World Heritage Site. Since 1995, Luang Prabang attracts tourists from international and regional markets through a combination of preserved cultural experiences and natural beauty within the province. The following article gives a brief overview of Luang Prabang, its tourism industry and recent dynamics of the local lodging market.

By Daniel Voellm and Eunice Wong

Luang Prabang, Laos

Ad Apply Now!

Radical Innovation is an initiative that challenges creative thinkers and visionaries in hospitality TECH to pioneer compelling innovations that fuel the future of the hospitality and travel industries.

Radical Innovation

Ad Guide

The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

Mews

July 15, 2020

HVS COVID-19 Hotel Sentiment Survey Drive-In Destinations Thailand

The survey discusses COVID-19 pandemic and its unprecedented impact on the Drive-In Hotel Markets. On a property level, the survey focuses on hoteliers' point of view on reopening strategies, domestic demand profile, and market outlook. The survey discusses COVID-19 pandemic and its unprecedented impact on the Drive-In Hotel Markets. On a property level, the survey focuses on hoteliers' point of view on reopening strategies, domestic demand profile, and market outlook. The survey was distributed to participants on 11 June 2020. The data collection period was available through 8 July 2020.

By Pawinee Chaisiriroj, Ruj Masan, and Apichaya Wongsuwan

Thailand

Opinion Article

May 13, 2020

The BC and AC of Hoteliering

The world has suddenly changed. Like most sectors, the global hospitality industry is in shock and dismay watching a pandemic wipe out the dreams of millions. This unprecedented event, whose consequences we cannot yet imagine, has left us speculating about its financial, economic, social and political cost. In times to come, we may tell our grandchildren stories of this once-in-a-lifetime event, that took our world completely by surprise. What might feel like a dream many years hence is a grim reality right now. It may not be an overstatement to assert that we are in a period that would tomorrow be remembered as the horrid days that separated that 'Before Corona' (BC) and 'After Corona' (AC) eras.

By Natwar Nagar, Managing Partner, Hotelivate Private Limited

Opinion Article Sales & Marketing

May 11, 2020

HVS COVID-19 Sentiment Survey: The Impact on the Bangkok Hotel Industry

The survey discusses COVID-19 pandemic and its unprecedented impact on the Bangkok hotel market. On a property level, the survey focuses on hoteliers' point of view on contingency measures, business strategies, signs of recovery, and comparison between pre- and post-COVID-19. The survey was distributed to participants on 15 April 2020 and the data collection period was available through 30 April 2020.

By Pawinee Chaisiriroj, Apichaya Wongsuwan, and Daniel Voellm

Bangkok, Thailand

Opinion Article

May 8, 2020

Time for the Hotel Industry to “Remove the Box”

The hotel industry is one of the worst-hit industries during this crisis. A lot of studies have been conducted to help us understand the impact on the economy and our organization's bottom-line. Industry experts, through their various associations, have predicted that the average hotel occupancy in Malaysia for the year will stand at around 25% or less. This is such a shame, knowing that 2020 was supposed to be Visit Malaysia Year, and Tourism Malaysia would have spent millions of ringgits through its promotional channels to bring holiday seekers to Malaysia.

By Hanley Chew, Creator of first ever Hotel Tales series in Asia, Hotel Tales - SPACE Hospitality

Singapore, Singapore

April 29, 2020

What hotel GMs can do now to prepare for the return of Chinese travelers post COVID-19

In the webinar I was a guest presenter last week, I have shared a few post COVID-19 trends and shared my ideas on what hotels GMs can do now to get ahead of the game to welcome Chinese travelers post COVID-19. Happy to receive positive feedback that my suggestions are useful. I decide to elaborate on my ideas and write this article.

By Anita Chan, CEO Compass Edge, Co-founder LN Hotel Alliance, Compass Edge

China

Ad Guide

The next-gen metrics that move hotel P&L

Hotel tech has changed what's possible – and measurable. RevPAR and ADR aren't enough; discover the metrics that really matter.

Mews

April 15, 2020

Hospitality Industry is Joining Forces with the Indian Government to Combat COVID-19

Nothing could have prepared us for the COVID-19 outbreak. It is hard to determine the true impact of this pandemic until the dust settles and the virus is completely contained, but until then, we have to prepare and come out of this stronger than ever. To win the battle, its essential to join it and fight it together. The hospitality and food & beverage (F&B) industry in India, along with the government, are constantly working to alleviate the impact.As per the latest HVS Report, the overall revenue of the Indian hotel sector in 2020 is set to decline by anywhere between USD 8.85 Bn to USD 10 Bn, reflecting an erosion of 39% to 45% compared to last year.

By Ritvika Sethi, Senior Manager – Consulting & Valuation, with HVS South Asia, HVS

April 8, 2020

An Invasion of Business Like Never Before

The Indian hospitality sector is perhaps undergoing one of its worst-ever crises in living memory and is putting every effort to deal with this unprecedented invasion.Based on our discussions with key industry stakeholders, we understand that as of 30th of March 2020, 57% of 787 branded hotels in the country have become non-operational, a never before event in the history of the Indian hotel industry.

By Dipti Mohan and Ajay Mehtani

April 3, 2020

In Focus: Singapore, Revitalising and Repurposing Hotels

The Republic of Singapore is a metropolitan city-state and island country in Southeast Asia with a total land area of an estimated 714.3 square kilometres. It is situated at the southern tip of the Malayan Peninsula, between Malaysia and Indonesia. With an economy supported by its growing population of approximately 5.8 million people, Singapore has witnessed remarkable record of sustained economic growth throughout the years and bolsters its role as a global commerce, finance and transportation hub.

By Hok Yean Chee, Chariss Kok Xin, and Jens Busch

Singapore

April 3, 2020

COVID-19: Impact on the Indian Hotels Sector

The world is still coming to terms with the COVID-19 outbreak and there is no doubt that the pandemic will change the world as we know it. With the globalized world going into partial or complete shutdown, the overall impact on human life, economic growth and businesses is immeasurable, both in the short term and long term due to the uncertainty as things evolve.

By Mandeep Lamba, Dipti Mohan, and Akash Datta

March 30, 2020

COVID-19 and the Chinese Hotel Sector

From the 2020 Chinese Spring Festival, Covid-19 spread in China. Hubei Province was the first and worst-hit area. Successively, the contagious virus reached cities and towns all over the country within a few days. The Chinese government quickly responded to the outbreak, initiated various measures and policies to help people pull through.

By Caroline Zhang, Chang Xu, and Rachel Cui

China

March 20, 2020

COVID-19 & Its Impact On The Indian Hotel Industry

As COVID-19 continues to unfold, industries, sectors and organizations everywhere are making feverish attempts to find ways and means to handle the challenges that stare us all in the face. While it is evident that no single enterprise can remain immune to the bleeding, some industries have the unfortunate disadvantage of being bruised in the jugular. The hospitality sector is entirely dependent on travel, trade and tourism for its sustenance.

By Achin Khanna, Managing Partner, Hotelivate Private Limited

March 20, 2020

HVS Market Pulse: Phuket, Thailand

Following the market's prosperity in the past few years, hotels across all segment have started to witness hindering economic growth, resulting in a softer performance in 2019. The unexpected outbreak of COVIC-19 has swept away the majority of the demand in the market. As the number of travel advisory continues to heighten, concerns over air traffic and tourism spending are increasing among the public as people are reluctant to travel. The following article gives a brief overview of Phuket, its tourism industry, and the recent dynamics of the local lodging market.

By Pawinee Chaisiriroj, Ruj Masan, and Apichaya Wongsuwan

Phuket, Thailand