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
HICAP Tech Challenge
Hotel Investments 101 – From Acronyms to Zoning
Networking Lunch
HICAP Master Class
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 Country/Destination
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!
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
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 Seasonality into Opportunity – Maximizing Revenue in Hospitality
Networking Break and Investment Opportunities in Country/Destination
Plenary Session
Global Check-In
Rising Star Award Asia Pacific
Views from the Boardroom – Round Three
Global Check-In
HICAP Adjourns
2026 Confirmed Speakers
Hiro Abe, Managing Director, H.A. Advisors Ltd
Norman Arundel, Director, Hotels & Resorts, EVT Hotels & Resorts
Maud Bailly, CEO, Sofitel Legend, Sofitel, MGallery & Emblems, Accor
Andrea Belfanti, CEO, ISHC
Olivier Berrivin, Vice President, Asia Pacific, BWH Hotels/WorldHotels
Stella Blythe, SVP, Development, Hotels & Resorts, Asia, EVT Hotels & Resorts
Craig Bond, Chief Operating Officer, Pan Pacific Hotels Group
Andrew Boshoff, CFO, Global Hotel Alliance
Cedric Cheah, Vice President, Investments, YTL Hotels
Hok Yean Chee, President, Asia Pacific, HVS
Yingtse Chenouw, Deputy COO Asia, PM&E, Accor
David Cheong, Partner, Head of Acquisitions Asia Real Estate, KKR
Kai Siang Cho, SVP – Advisory & Asset Management, JLL Hotels & Hospitality Group
Peng Sum Choe, Chief Executive Officer, Pan Pacific Hotels Group
Regina DiBenedetto, Director, Aareal Bank Asia Limited
Celine Du, Chief Commercial & Marketing Officer, Pan Pacific Hotels Group
Adrian Ee, Director, Hotels, Pavilion Hospitality
Kusumine Enami, Managing Partner, AB Capital Investment Limited
Nihat Ercan, CEO, Asia Pacific, JLL
Kenneth Gaw, Managing Principal & Co-Founder, Gaw Capital Partners
Matt Gebbie, Managing Director, Pacific Asia, Horwath HTL
Jeremy Gillet, Managing Officer, Seibu Prince Hotels & Resorts
Kevin Goh, CEO, The Ascott Limited
Rohan P. Gopaldas, Asset Manager & Partner, Prospect Hotel Advisors
Lucia Grambalova, CIO & Head of Asset Management, HCP
Christopher Hartley, CEO, Global Hotel Alliance
Elias Hayek, Shareholder & Co-Chair, EMEA, Hospitality & Leisure, Greenberg Traurig
Shyn Yee Ho, Director, Pacific Asia, Horwath HTL
Christopher Hur, Managing Director, Investments, SC Capital Partners
Juliette Imhof, Vice President of Development, Ace Hotel
Kenneth Kan, SVP & Chief Development Officer, OUTRIGGER Hospitality Group
Yoshiki Kaneda, President & CEO, Seibu Prince Hotels & Resorts
Edward Kusma, Director, Harmoni Bali
Andrew Langdon, Chief Development Officer, Asia, Accor
Linda Li, Director, Head of Investment & Strategy Consulting, Greater China, Horwath HTL
Serena Lim, Chief Growth Officer, The Ascott Limited
Steven Lim, Vice President, Development, Pan Pacific Hotels Group
David Ling, Global Head of Hospitality & Asset Management, City Developments Limited
Kate Loh, Head of Development, Pan Pacific Hotels Group
Andrew MacGeoch, Partner, Bird & Bird LLP
Karan Mahesh, Senior Sales, South & Southeast Asia, STR
Yasunobu Majima, Deputy General Manager, Mitsubishi Estate Co., Ltd.
Rajeev Menon, President, Asia Pacific, Marriott International
Rod Munro, Managing Director, Australasia, BWH Hotels
Julien Naouri, Head of Investment Sales, Asia, JLL Hotels & Hospitality Group
Xander Nijnens, Senior Managing Director, JLL
Huey Hong Ong, Assistant Chief Executive, Singapore Tourism Board
Melissa Ow, Chief Executive, Singapore Tourism Board
Jesper Palmqvist, Regional Vice President Asia Pacific, STR CoStar
Rakesh Patel, CEO & Founder, ALTA Capital Real Estate
Chris Penn, CEO, Ace Hotel
Eric Ricaurte, Founder & CEO, Greenview
Joel Rothstein, Shareholder, Chair - Asia Real Estate Practice, Greenberg Traurig, LLP
Agnes Roquefort, CDO, Luxury & Lifestyle, Accor
Swati Shah, Vice President, Legal (Operations & Development), Asia, Accor
Sanjay Singh, Managing Director, Fico Corporation
Dora Stilianos, Partner, Baker McKenzie
Cyndy Tan Jarabata, CEO, TAJARA Hospitality Group
Shunsuke Yamamoto, Managing Director, Fortress Investment Group
Rongcan Yang, Vice President, JLL’s Hotels & Hospitality Group
Camil Yazbeck, Global Chief Development Officer, Accor
Daniel Yip, Partner, High Street Holdings
Jeff Wagoner, President & CEO, OUTRIGGER Hospitality Group
as of 17 June 2026
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 Hotels & Resorts
Andrew Brandon, Serene Capital
Mark Bullock, Ark Capital Partners
Cedric Cheah, YTL Hotels
Hok Yean Chee, HVS
Jeff Cho, Far East Hospitality
Kevin Croley, Global Hotel Alliance
Paul Dean, Dean & Associates
Regina DiBenedetto, Aareal Bank
Adrian Ee, Pavilion Hospitality
Kusumine Enami, AB Capital Investment Limited
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, Ace Hotel
Emmy Ko, Ashurst
Edward Kusma, Harmoni Bali
Gary Kwok, AXE Management Partners
Andrew 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 Co., Ltd.
Hoe Kit Mak, CapitaLand Investment Limited
Yutaka Maruyama, World Brands Collection Hotels
& Resorts, Inc.
Toshio Omiyama, JR East
Jonathan Ottevaere, EQT Exeter
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:
Linda Li, 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.