A refreshed design for the Hotel Operator Guide brings us into a new decade which from the get-go is beset with new challenges, while the industry struggles during the COVID-19 pandemic on an unprecedent scale, many development projects continue to move forward.
Owners, now more than ever, need foresight in selecting the right partner to run their hotel property. This publication is the most established tool in the industry in Asia Pacific to guide owners in understanding the scale, presence and capabilities of operators in the region.
HVS has advised numerous owners in the decision-making process to select the right structure and operator for their projects and assist in negotiating favorable terms. Great importance is ascribed to 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 and thinking outside the box.
We greatly appreciate the support from all participants of this guide to provide a more comprehensive profile of our industry in the region. Should you want to participate in the next edition of the guide, please do reach out to us.
In this Seventh Edition, we have captured over one million existing and more than half a million pipeline rooms spread over 7,148 properties. This publication features 55 operators and we look forward to have more brands included in forthcoming editions.
Our analysis covers 33 countries and territories in Asia-Pacific and 1,133 markets with existing hotels as well as 832 markets with proposed hotels.
The graph below presents the data collection of The Annual HVS Asia-Pacific Hotel Operator Guide over the past seven editions.
Between the 2014 Edition and the 2020 Edition, the existing room supply, and the pipeline room supply registered growth rates of 9.9% and 14.2% per annum, respectively.
The annual growth between pipeline room supply and existing room supply hovered between 50% to 60% mark in the past, with the exception of the 2015 Edition and 2020 Edition, where the growth was observed at 64% and 63%, respectively.
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About Pawinee Chaisiriroj
Pawinee ChaisirirojPawinee is a senior 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 Apichaya Wongsuwan
Apichaya WongsuwanApichaya Wongsuwan is an Analyst with HVS Bangkok. She holds a Master in Global Hospitality Business from Ecole hôtelière de Lausanne in Switzerland in partnerships with Hong Kong Polytechnic University and University of Houston – Conrad N. Hilton College. Prior to joining HVS, she launched a hostel in Thailand with her Bachelor of Science from the University of Delaware. For further information, please contact: awongsuwan@hvs.com
About Daniel J Voellm
Daniel J VoellmDaniel 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
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