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As HICAP embarks on its 36th year, the conference is as vibrant, productive, and meaningful as ever. The 2025 program and its topics were developed with the help of the HICAP 2025 Program Planning Committee and Regional Advisors, representing leaders from the hotel and lodging industry, the investment community, and key advisors. The program featured over 30 sessions and panels led by about 150 industry leaders across all sectors of the hotel investment and tourism industries as they look ahead to the future and what evolution is on the horizon. Join us at HICAP, where Asia Pacific’s hotel investment leaders meet to get deals done.
2026 PROGRAM AGENDA
Tuesday, 20 October 2026
8:00am to 8:15pm
Continental Breakfast
Continuous Coffee & Tea
Quicklink
Tech Outlook
Tech Edit LIVE: 10 Trends in 10 Minutes – The Owners & Investors Brief
HICAP Tech Challenge – What’s Hot In Hotel Technology?
Hotel Investments 101 – From Acronyms to Zoning
Networking Lunch
HICAP Master Class: Asia Pacific Survey of hotel Sales Agreements & An Analysis of Trends
Plenary Session
Economic Outlook
The Numbers – Hotel Performance, Markets, & Outlook
Travel & Tourism Outlook
Lifetime Achievement Award
Views from the Boardroom – Round One
Investment Opportunities in Singapore
Breakout Sessions 01 to 04
Southeast Asia – Investment Opportunities & Challenges
Ownership: Rebrand or Stay Independent – Making the Right Choice
Development: The End of Easy Development – Building Hotels Profitably in a High-Cost Era
Acquisitions: Hospitality vs Real Estate – Is the Yield Premium Still There?
Gala Networking Reception hosted by Accor
Wednesday, 21 October 2026
8:00am to 7:00pm
Continental Breakfast
Continuous Coffee & Tea
Plenary Session
Investment Insights – Financial Gurus Tell It Like It Is!
Tradition Reimagined: The Next Era of Luxury Hotel Development.
Reggie Shiu Development of the Year Award
Sustainable Hotel Awards
Networking Break and Investment Opportunities in Country/Destination
Breakout Sessions 05 to 08
Oceania – Investment Opportunities & Challenges
South Asia – Investment Opportunities & Challenges
Hotel Companies/Agreements: HMA to Franchise Agreements – Why Hotel Agreements Are Shifting & What It Means for Owners
Opportunities: Living the Evolution – The Convergence of Luxury, Lifestyle, & Branded Residences
Networking Lunch and Investment Opportunities in Country/Destination
Plenary Session
Japan Investment Insights
Single Asset Transaction of the Year Award
Merger & Acquisition of the Year Award
Greater China Investment Insights
Global Strategy & Development
Views from the Boardroom – Round Two
Networking Reception hosted by Pan Pacific Hotels Group at the Pan Pacific Orchard
Thursday, 22 October 2026
8:00am to 12:15pm
Continental Breakfast
Continuous Coffee & Tea
Breakout Sessions 09 to 12
East Asia – Investment Opportunities & Challenges
Acquisitions: Global Giants, Local Deals – How Institutional Investors Are Reshaping APAC Hospitality
Development: Adaptive Reuse vs New Builds – The Future of Hotel Development
Opportunities: Turning Sustainability into Opportunity – Maximizing Revenue in Hospitality
Networking Break
Plenary Session
Spotlight on India
Rising Star Award Asia Pacific
Views from the Boardroom – Round Three
Global Check-In
HICAP Adjourns
2026 Confirmed Speakers
as of 16 September 2026
Adam Piperdy, Founder & Chief Experience Officer, Unearthed Productions
Adeline Koh, Managing Director & General Counsel, Alegra Hospitality
Adrian Ee, Director, Pavilion Hospitality
Alan Tang, Group Chief Executive Officer, Far East Orchard
Alvin Liew, Senior Economist, United Overseas Bank Limited (UOB)
Ananth Ramchandran, Head of Advisory & Strategic Transactions, Hotels & Hospitality, APAC, CBRE
Andrea Belfanti, CEO, ISHC
Andreas Zimmermann, Vice President of Development, The PuLi Group
Andrew Boshoff, Chief Financial Officer, Global Hotel Alliance
Andrew Jones, Chairman, PATA and Guardian, Sanctuary Resorts
Andrew L. Langdon, Chief Development Officer, Asia, Accor
Andrew MacGeoch, Partner - Co-head of APAC Hotels, Hospitality & Leisure Group, Bird & Bird
Angeline Tan, Senior Vice President, SingHaiyi Hospitality Pte. Ltd.
Ashank Kothari, Managing Director, Brookfield Advisors India Pvt Ltd
Ashish Jakhanwala, Managing Director, & CEO, SAMHI Hotels Limited
Bill Barnett, Managing Director, C9 Hotelworks
Bingbin Xu, Global Deputy CEO and CEO, China, Club Med and Co-President, Fosun
Bob van den Oord, CEO, Langham Hospitality Group
Bobby Hiranandani, Co-Chairman, Royal Group Investments Pte Ltd
Bram van Hoof, Director, PT Jakarta Setiabudi Internasional, Tbk
Brett Forer, Chief Development Officer, Asia Pacific, EVT Hotels & Resorts
Budi Tirtawisata, Group CEO, Panorama Group
Byron Frost, Partner, Baker McKenzie
Camil Yazbeck, Global Chief Development Officer, Accor
Carolyn Choo, Chief Executive Officer and Managing Director, Worldwide Hotels
Cedric Cheah, Head of Investment and Asset Management, YTL Hotels
Celine Du, Chief Commercial & Marketing Officer, Pan Pacific Hotels Group
Charles Rubin, Managing Director, Central Group Capital
Cheng Kai Lim, Associate Director, CapitaLand Investment
Cherie Co, Assistant Vice President, Business Development, Far East Hospitality
Chris Penn, CEO, Ace Hotel
Christopher Hur, Managing Director, Investments, SC Capital Partners
Christopher J. Hartley, CEO, Global Hotel Alliance
Craig Bond, Chief Operating Officer, Pan Pacific Hotels Group
Crystal Liu, Director, Horwath HTL
Cyndy Tan Jarabata, CEO, TAJARA Hospitality Group
Damian Clowes, Regional Managing Director, Asia Pacific, OUTRIGGER Hospitality Group
Daniel Yip, Partner, High Street Holdings
David Cheong, Partner, Head of Acquisition, Asia Real Estate, KKR
David Ling, Head of Hospitality Investment & Asset Management, Executive Chairman Office, City Developments Limited
Dean Winter, CEO, The PuLi Group
Dora Stilianos, Lawyer, Baker McKenzie
Edward Kusma, Director, Harmoni Bali
Elias Hayek, Shareholder and Co-Chair EME A Hospitality, Greenberg Traurig LLP
Eric J. Levy, Managing Director, TSI
Eric Ricaurte, CEO, Greenview
Ethan Quek, Vice President, Brookfield Asset Management
Gary Kwok, CEO, AXE Management Partners
Gaurav Sharma, Managing Director India & Senior Director Asia - Hotels & Hospitality Group, JLL
Ghaly Murthala, Founder and Managing Director, Morteza Capital
Harry Thaliwal, Executive Vice President, Asia, EVT Hotels & Resorts
Hazel Teo, VP Asset Management, Worldwide Hotels
Hiro Abe, Managing Director, H.A. Advisors
Hiroshi Tashiro, Deputy Director of the Hotel & Hospitality Business Headquarters, NTT Urban Development Corporation
Hoe Kit Mak, Managing Director, CapitaLand Investment Limited
Hok Yean Chee, President, Asia Pacific, HVS
Howard Ho, Co-Founder & CEO, Section L Hospitality Group
Hua Rong, Director, Horwath HTL
Huey Hong Ong, Assistant Chief Executive, Industry Development Group, Singapore Tourism Board
Huilian Duan, Managing Director, APAC & Americas, TUI Hotels & Resorts
Jason Richards, Chief Business Officer, Cloudbeds
Javier Cuevas, Director of Key Accounts, Canary Technologies
Jeff Higley, President, Hotel Investment Group by Northstar
Jeff Wagoner, President & CEO, OUTRIGGER Hospitality Group
Jefri Darmadi, CEO, PT Jakarta Setiabudi Internasional, Tbk
Jennifer Davey, Director Australia, Horwath HTL
Jeremy Cooper, CIO, Sydell Group
Jeremy Gillet, Managing Officer, Seibu Prince Hotels Worldwide
Jesper Palmqvist, Regional Vice President Asia Pacific – STR CoStar
Jihong He, Chair, H World International
Joel Rothstein, Chair Asia Real Estate Practice and Shareholder, Greenberg Traurig LLP
Jonathan Law, Vice President, Liu Chong Hing Investment Limited
Jonathon S. Zink, COO, Hotel Investment Group by Northstar
Julien Naouri, Head of Investment Sales, Asia, JLL
Junrong Teo, Vice President, Business Development, The Ascott Limited
KaiSiang Cho, Head of Operator Selection, Asia, JLL
Karan Mahesh, Regional Director, South & Southeast Asia, STR CoStar
Kate Loh, Vice President, Head of Development, Pan Pacific Hotels Group
Kenneth Gaw, President & Managing Principal, Gaw Capital Partners
Kevin Croley, Head of Development, Global Hotel Alliance
Kevin Goh, CEO, The Ascott Limited
Kieran Bestall, Managing Director, Private Equity, Ares Management Corporation
Kusumine Enami, Managing Partner and Japan Representative, AB Capital Investment
Laure Morvan, Chief Development Officer Luxury Brands Asia, Accor
Lo Ka Shui, Chairman & Managing Director, Great Eagle Holdings Limited and Executive Chairman, Langham Hotels International
Lucia Grambalova, Chief Investment Officer & Head of Asset Management, Hotel Capital Partners
Makoto Yamataka, Managing Director, JR East Business Development SEA
Manish Garg, Head Hospitality, Embassy Office Parks REIT
Mark Bullock, Director, Five4Eight Pty Ltd
Mark Rohner, Managing Director, Far East Hospitality
Martha Waslen, Founder & CEO, DayAway
Masayuki Ishihara, Director & Executive Managing Officer, Seibu Holdings
Matt Gebbie, Managing Director, Horwath HTL
Maud Bailly, CEO Sofitel Legend, Sofitel, MGallery & Emblems, Accor
Melissa Ow, Chief Executive, Singapore Tourism Board
Melita Koulmandas, CEO/Founder, Song Saa Collective
Michael Bennett, President & Chief Executive Officer, Cendyn
Monica Pitrelli, Transport and Travel Reporter, CNBC
Murphy Zhu, President, Asia Pacific, H World Group
Neel Lund, SVP, Hotel Development and M&A, Marriott International
Nihat Ercan, CEO, Asia Pacific, JLL
Nikhil Shah, Senior Executive Director, CBRE
Norman Arundel, Director, EVT Hotels & Resorts, EVT Limited
Olivier M. Berrivin, Vice President – APAC, BWH Hotels
Paul Kitamura, Chief Hospitality Officer, Pontiac Land Group
Peng Sum Choe, Chief Executive Officer, Pan Pacific Hotels Group
Raghu Sapra, Founder & CEO, QUARTUS Hospitality Advisory
Raini Hamdi, Business Journalist, Hotels-Asia
Rajeev Menon, President, Asia Pacific (Excluding China), Marriott International
Rakesh Patel, CEO and Founder, Alta Capital Real Estate
Regina M. DiBenedetto, Director, Aareal Bank Asia Limited
Robert Swade, Chief Executive Officer, Ritz Group
Rod Munro, Managing Director, Australasia, BWH Hotels
Rohan Prakash Gopaldas, Asset Manager and Partner, Prospect Hotel Advisors
Rongcan Yang, Vice President, JLL
Sanjay Singh, CEO, FICO Corporation
Sebastian Busa, Partner, Baker McKenzie
Serena Lim, Chief Growth Officer, The Ascott Limited
Shi’ai Liang, Senior Director, Development, IHG Hotels & Resorts
Shiye Yang, VP of Commercial Performance & Revenue Management, H World Group Limited
Shunsuke Yamamoto, Managing Director, Fortress
Shyn Yee Ho, Director and Technology Practice Lead, Horwath HTL
Siddhant Jhunjhunwala, Executive Director, PAG
Soon Mun Sen, Director, Horwath HTL
Stella Blythe, Senior Vice President, Development, Hotels & Resorts, Asia, EVT Limited
Stephane Michel, President, Valanti Group Co., Ltd.
Stephen Burt, Managing Director, Hotel Capital Partners
Steven Lim, Vice President of Development, Pan Pacific Hotels Group
Suneet Nigale, Senior Director, Voice AI Solutions, RateGain / Sojern
Swati Shah, Vice President, Legal, Asia, Accor
Tasos Kousloglou, CEO, Saudi Hospitality Company
Vinay Gupta, CEO, Brigade Hotel Ventures Limited
Wendy Shi, CFO & EVP, Agora Hospitality Group
Xander Nijnens, Senior Managing Director, JLL
Yasunobu Majima, Deputy General Manager, Mitsubishi Estate
Yoshiki Kaneda, President & CEO, Seibu Prince Hotels Worldwide
Yutaka Maruyama, Representative Director, EVP & COO, World Brands Collection Hotels & Resorts
2026 Program Planning Committee
Hiro Abe, H.A. Advisors Ltd.
Manoj Agarwal, Brigade Group
Chandragupta Amritkar, Global Features
Bill Barnett, C9 Hotelworks
Andrea Belfanti, ISHC
Stella Blythe, EVT Limited
Andrew Brandon, Serene Capital
Mark Bullock
Cedric Cheah, YTL Hotels
Hok Yean Chee, HVS
Jeff Cho
Kevin Croley, Global Hotel Alliance
Paul Dean, Dean & Associates
Regina M. DiBenedetto, Aareal Bank
Adrian Ee, Pavilion Hospitality
Kusumine Enami, AB Capital Investment
Nihat Ercan, JLL’s Hotels & Hospitality Group
Matt Gebbie, Horwath HTL
Lucia Grambalova, Hotel Capital Partners
William Haandrikman, Fairmont Singapore & Swissotel The Stamford
Christopher Hur, SC Capital Partners
Juliette Imhof
Emmy Ko, Ashurst
Edward Kusma, Harmoni Bali
Gary Kwok, AXE Management Partners
Andrew L. Langdon, Accor
Sarah Leow, Hyatt Hotels Corporation
Eric J. Levy, TSI
Xinyi Liang-Pholsena, Travel Weekly Asia
Serena Lim, The Ascott Limited
David Ling, City Development Limited
Andrew MacGeoch, Bird & Bird LLP (UK)
Karan Mahesh, STR CoStar
Yasunobu Majima, Mitsubishi Estate
Hoe Kit Mak, CapitaLand Investment Limited
Yutaka Maruyama, World Brands Collection Hotels & Resorts, Inc.
Toshio Omiyama, JR STB Koiwai Development
Jonathan Ottevaere, EQT Real Estate
Jesper Palmqvist, STR CoStar
Rakesh Patel, Alta Capital Real Estate
Sashi Rajan, HAMA APAC
Tony Ryan, Trilogy Hotels
Rob Schneider, Hotel Investment Today by Northstar
Sook Yean Shrestha, Singapore Hotel Association
Sanjay Singh, FICO Corporation
Dora Stilianos, Baker McKenzie
Andree Susilo, Marriott International
Angeline Tan, SingHaiyi Hospitality Pte. Ltd.
Cydndy Tan Jarabata, TAJARA Hospitality Group
Christophe Vielle, Gaw Capital Partners
Rongcan Yang, JLL
Daniel Yip, High Street Holdings
Stephanie Yong, Singapore Tourism Board
HICAP 2026 Regional Advisors
East Asia
Geographic roughly covering China, HK, Macau, Taiwan, Japan, Mongolia, North Korea, South Korea:
Crystal Liu, Horwath HTL
Rongcan Yang, JLL’s Hotels & Hospitality Group
Oceania
Geographic roughly covering Australia, New Zealand, Melanesia, Micronesia, Polynesia
Lucia Grambalova, Hotel Capital Partners
Dora Stilianos, Baker McKenzie
South Asia
Geographic roughly covering Afghanistan, Bangladesh, Bhutan, British Indian Ocean Territory, India, Maldives, Nepal, Pakistan, Sri Lanka
Rohan Gopaldas, Prospect Hotel Advisors
Karan Mahesh, STR, CoStar Group
Southeast Asia
Geographic roughly covering Brunei, Cambodia, Christmas Islands (Australia), Cocos (Keeling) Islands (Australia), Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Timor-Leste, Vietnam
Hok Yean Chee, HVS
Cyndy Tan Jarabata, TAJARA Hospitality Group
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HICAP delivers an unrivaled combination of compelling content, top-tier delegates, and extraordinary networking opportunities. If you are looking to invest or develop hotels across Asia Pacific, you will not want to miss this premier event.