CALL FOR ENTRIES NOW OPEN
The HICAP Sustainable Hotel Awards 2013 call for entry is now open!
For more details and to download the entry form, please go to our Community Page
Deadline for all submissions is JULY 31, 2013
HICAP: ASIA PACIFIC’S PREMIER HOTEL INVESTMENT CONFERENCES
Welcome to Asia Pacific’s most established conferences for the hotel investment and development community. Since 1989, HICAP (Hotel Investment Conference Asia Pacific) events are where the region’s preeminent players and executives gather to meet/network, explore opportunities, exchange ideas, and learn.
ASIA: FAST-PACED GROWTH, NEW OPPORTUNITIES, INNOVATIVE DEVELOPMENTS
Asia is where it’s all happening. Asia Pacific’s RevPAR growth is at a staggering 23.0% year to date, far outperforming all the other regions in the world where growth is generally in the low single digits. With a region-wide aggregate RevPAR of just over US$86, Asia Pacific also comes out ahead of both Europe and the Americas in absolute performance*. With existing stock returning to healthy performance levels, interest in the asset class continues to be strong, and the region is teeming with new hotel development. Over the next three to four years, some 330,000 new rooms are likely to enter the market – more than new supply in Europe, Middle East and Africa combined*.
*Statistics provided by STR Global, March 2012