Another year has passed and we take stock of the hotel industry landscape in the Sixth Edition of the Asia-Pacific Hotel Operator Guide: Notwithstanding the trend of consolidation, this publication sees new market participants extend their reach across markets outside their respective home base.

Developing the expertise to operate hotels in markets is a key decision factor for owners when exploring suitable candidates. Brand presence in the region is another important selection criteria, particularly for those recently launched. We greatly appreciate the support from all participants of this guide to provide a more comprehensive profile of our industry in the region. 

Owners, many of which are our clients, increasingly look for brands to help maximize the performance of their properties. This task needs to be approached carefully, understanding motivations and objectives on both sides of the table and ideally supported by an asset manager.

In the wake of many mergers, owners start asking for the cost-benefit in dealing with operators as many fees remain opaque. Ultimately, it is the confidence an owner can take in the operator being familiar with the intricacies of doing business in the locale and the brand delivering the topline performance according to its positioning.

That being said, motivations among owners in selecting an operator vary, and criteria and objectives can call for a more creative approach.

In this Sixth Edition, we have captured over one million existing and more than half a million pipeline rooms spread over 9,135 properties. This publication features major operators and we look forward to have more brands included in forthcoming editions.

Our analysis covers 32 countries and territories in Asia-Pacific and 1,008 markets with existing hotels as well as 711 markets with proposed hotels. Special thanks also go to my coauthor Pawinee Chaisiriroj, who liaised with the operators and compiled that data, presenting you with an important resource in our HVS library. Happy reading!

Overview

The graph below presents the data collection of The Annual HVS Asia-Pacific Hotel Operator Guide over the past six editions.

Between the 2014 Edition and the 2019 Edition, the existing room supply and the pipeline room supply registered growth
rates of 9.1% and 13.1% per annum, respectively.

In the 2018 Edition, the number of existing room supply surpassed one million marks for the first time. The annual growth between the pipeline room supply and the existing room supply hovered in the high 50% mark, with an exception in of the 2015 Edition, where the growth was observed at 64%.

We have analyzed the data by the number of existing room supply and the number of pipeline room supply for countries, operators, brands, and cities. The following discussion highlights the largest players in each category.

Read the full report here

About Pawinee Chaisiriroj
Pawinee Chaisiriroj Pawinee is a manager at HVS Bangkok, providing a range of consulting and advisory services for the hospitality industry in the Asia Pacific region. Prior to joining HVS, Pawinee gained experiences in hotel operations with the Ritz-Carlton, Mandarin Oriental and Four Seasons. Pawinee holds an Honours Bachelor of Arts Degree in Hospitality Management with Real Estate Finance and Revenue Management from Glion Institute of Higher Education in Switzerland. For further information, please contact: pchaisiriroj@hvs.com

About Daniel J Voellm
Daniel J Voellm Daniel J Voellm, Managing Partner HVS Asia-Pacific, is based in Hong Kong and has provided advice in all major markets across 23 countries and territories in the region. Daniel Voellm started his career at HVS in the New York office; as Vice President at the global headquarters, he conducted a wide range of appraisals and market studies as well as underwriting due diligence services in 22 US states and in Canada. Daniel brings a strong understanding of the hospitality industry to HVS. His experience in hotel and food and beverage operations in Germany, Switzerland, England and the USA is complemented by an Honours Bachelor of Science degree from Ecole Hôtelière de Lausanne in Switzerland. Daniel works closely with key institutional and private owners of hotel properties, financiers, developers and investors, and has gained a strong understanding of their investment requirements and approaches to assessing the market value of investment properties. Daniel further advises on property and concept development and strategy.For more information please contact, dvoellm@hvs.com

www.hvs.com