Global Hospitality Report (December 5, 2016)

In Focus: Alexandroupolis, Greece 
By Nana Boussia and Pavlos Papadimitriou

This snapshot provides an overview of Alexandroupolis’s hotel market, the regional capital of Evros Prefecture. Due to its favorable location, Alexandroupolis is an important port and commercial center of northeastern Greece.

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HVS Key Takeaways: CHICOS 2016 
By Kristin Rinaudo and Parris Jordan

Nearly 300 stakeholders in hospitality markets across the Caribbean came together in San Juan for HVS’s 6th annual regional hotel conference. What are the latest revelations for the region’s hospitality industry?

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THINC Sri Lanka to Return to Colombo in February 2017 

Hosted by HVS, the 2nd edition of Tourism, Hotel Investment & Networking Conference (THINC) Sri Lanka is scheduled to be held on 7 & 8 February, 2017, at the Galle Face Hotel, Colombo. The conference will give stakeholders a chance to hear from industry leaders and network with developers, investors, lenders and government officials, and engage in the many challenges and opportunities of region’s lodging landscape. Based on the current market situation, discussion panels and workshops will focus on key subjects impacting the investment climate in the region, and among the topics to be discussed are: investment opportunities and challenges; strategies to position Sri Lanka as a global destination; integrated tourism development models; resort development; cruise tourism; and hotel owner–operator connect. Notable speakers include Abbas Esufally, Group Director, Hemas Holdings & Chairman, Serendib Hotels; Dillip Rajakarier, CEO, Minor Hotel Group; Hiran Cooray, Chairman, Jetwing Hotels; Kapil Chopra, President, The Oberoi Group; Krishan Balendra, President Leisure, John Keells Holdings; Martin Rinck, EVP and President - APAC, Hilton Worldwide; Peter Henley, President and CEO, Onyx Hospitality Group; Sanjeev Gardiner, Group Chairman, The Galle Face Hotel Group; and Thilan Wijesinghe, Chairman and CEO, TW Corp, to name a few.

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Shangri-La and Taj Hotels Partner on Loyalty Programs 

Hong Kong-based Shangri-La Hotels and Resorts and Mumbai-based Taj Hotels Resorts and Palaces announced a strategic alliance on loyalty programs, last week. The new loyalty program – Warmer Welcomes, will integrate Shangri-La’s Golden Circle and Taj’s InnerCircle, and will be officially launched in March 2017 with a joint website. The program will extend to all brands of both the group and will allow five million Golden Circles members and one million Taj InnerCircle members to earn and redeem points for awards and stays at 195 hotels in 131 different cities across the world. In terms of point conversions, 100 Golden Circle points will equate to 67 InnerCircle points while 100 InnerCircle points will equate to 38 Golden Circle points. These conversions are, however, subject to change and will be based on the value of their respective currencies. In Phase II of this alliance, for which a date has not been announced, the two companies may even explore cross-selling opportunities.

HVS APAC HOSPITALITY NEWSLETTER.

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