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REGISTRATION IS NOW OPEN FOR HICAP 2012
10-12 October, 2012
InterContinental Hong Kong
HICAP TAKES YOU TO THE HEART OF THE ACTION
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 and network, explore opportunities, exchange ideas, and learn.
ASIA CONTINUES TO BE THE CENTER OF ATTENTION...
Asia Pacific as a region closed out 2011 at a healthy 9.8% RevPAR growth over 2010, with Southeast Asia at a staggering 18.8%. Growth looks set to continue into 2012, with year-to-date February RevPAR growth for the region at 6.2%. In absolute performance, Asia Pacific leads both Europe and the Americas at a USD94 region-wide aggregate RevPAR.
...AND OVERALL DEMAND CONTINUES TO OUTPACE SUPPLY
Despite close to 77,000 rooms opening in the last 12 months, overall demand outpaced supply and regional occupancy saw positive growth, along with the growth in rate. With current stock generally at healthy performance levels, interest in the asset class remains strong and some 411,000 reported additional rooms are set to open within the next five years – 223,000 rooms are already under construction and 188,000 are in various planning stages. Strong performance along with ground breaking architecture and design, new emerging destinations, and the continued proliferation of both international and home grown regional brands, will continue to place Asia Pacific at the center of attention in the hotel world.
Hicap Asia Takes the Lead Click here
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