Global Hospitality Report (April 20, 2015)

Decisions, Decisions... Which Hotel Operating Model is Right for You? 
By Stephen Collins and Sophie Perret

Hotel brands, owners and management companies have created permutations and combinations of operating models that, when used appropriately, will increase profitability, make a project more attractive to lenders and add value to guests.

Lifestyle Hotels: The Emergence of a New Creative Class 
By Zeina Fawaz

The Lifestyle niche has gained momentum in recent years and has evolved into an established category of hotels. This article aims to explore the dynamics and behavioral patterns of this unique market and reveal the emerging trends of this industry.

US Cities Achieve World Class Status as Foreign Investment Booms 
By Kathy Conroy

This article offers a comparison of international investment in US Hotels during periods of strong hotel operating performance and a close look at Florida.

CHIC 2015 Highlights - Maximizing Project Returns: Have You Got the Right Mix?  

In recent years, mixed-use developments have gained significant traction in global hotel markets including Asia. How have these projects performed in China? What has been the development philosophy and some of the successful strategies adopted? What are the ownership, management, operational and funding-related issues that brands and operators face from being part of large mixed-use units? At CHIC 2015, an eminent panel of industry experts including An Zhong Yu, Associate Director Architect, Architectural Group 2, East China Architectural Design & Research Institute; Catherine Yin, VP, Yintai Land (Group) and GM, Beijing Yintai Property; Stanley Chin, Founder & Group CEO, Treasure Capital Asia; Suparat Chirathivat, VP Business Development, Centara Hotels & Resorts, and Robby Qiu, Country Chief Executive & VP Hotel Development & Acquisition - Greater China, Trump Hotels, debate and brainstorm to explore and address such issues related to mixed-use developments, in an exclusive session titled ‘Maximizing Project Returns: Have You Got the Right Mix?’ on DAY 2 of the main conference program.

REGISTER NOW FOR CHIC 2015 | 12-14 MAY, 2015.
AirAsia builds Langkawi International Hub 

On 18 March 2015, AirAsia announced plans to set up its sixth and latest international hub in the island destination of Langkawi. Under the new initiative supported by Malaysia Airports Holdings, the low cost carrier plans to allocate five planes to Langkawi, potentially generating 1-1.5 million passengers. Initial services will focus on regional ASEAN markets before gradually expanding to the key international markets of India and China. Langkawi island received 3.57 million tourist arrivals in 2014, a CAGR of 6.85% since 2010. In 2013, its top 5 feeder markets included China, Saudi Arabia, Australia, U.K. and India. In the same year, Langkawi International Airport recorded annual passenger traffic of 1.9 million, compared to Phuket International Airport’s 11.3 million and Bali Ngurah Rai Airport’s 15.5 million. According to AirAsia Group’s CEO Tony Fernandes, this move could serve as game changer for Langkawi in catching up to popular island destinations in the region like Bali and Phuket.

A Prestigious Address for Curio in Paris 

After signing agreements last month to launch Curio — A Collection by Hilton in Europe by rebranding two historic hotels in Germany (Hamburg) and Turkey (Istanbul), Hilton Worldwide has now announced that it plans to expand the brand into France. The Astor Hotel Saint-Honoré in Paris, which is owned by Marseille-based Maranatha Group, is to undergo a full refurbishment before becoming part of the Curio brand in 2016. The 128-room, six-storey hotel, in Paris' 8th Arrondissement, will operate under a franchise agreement between Hilton and Maranatha. The hotel can trace its history back to 1913, when it was built as a private residence for Lord Astor.


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