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THE 9TH CHINA HOTEL INVESTMENT CONFERENCE (CHIC 2013)

Themed “Vision and Strategy for Success in a Changing World”, the 9th China Hotel Investment Conference (CHIC) organised by HVS Global Hospitality Services recorded a turnout of over 820 delegates and high-profile speakers.

The event which took place from 17 to 19 April 2013 at the Grand Hyatt Shanghai brought together leaders of the hotel and tourism industry from over 20 countries. Some of the distinguished speakers include Dai Bin – President, China Tourism Academy; Mark Hoplamazian – President & Chief Executive Officer, Hyatt Hotels Corporation; Abid Butt – Chief Executive Officer, Banyan Tree Hotels and Resorts; Michael Glennie – President and Chief Operating Officer, Fairmont Raffles Hotels International; Simon Cooper – President & Managing Director, Asia Pacific, Marriott International, Inc.; Jim Abrahamson – Chief Executive Officer, InterState Hotels & Resorts; Symon Bridle – Chief Operating Officer, New World Hospitality, just to name a few.

Robin Bew, Chief Economist & Editorial Director of the Economist Intelligence Unit, delivered his insights on China’s growing influence on the global economy and an update on the global economic situation and how China could weigh in on opportunities in new frontiers.

The regional and global CEOs took the stage, led by David Ling, Chairman of HVS China and Southeast Asia, to share their views on some of the expansion strategies international hotel companies can undertake and how they could differentiate their products.

Stephen Rushmore Jr., President and Chief Executive Officer of HVS Global Hospitality Services, delivered an address on the global hotel market trends and predictions for 2017. He shared his views on some of the hospitality trends and values in the global and Asian markets and noted that there is room for growth in the mid-scale sector, as the luxury sector begins to become oversaturated. In large economies such as China and India, there remains enormous opportunity in the mid-scale segment.

For all to understand most updated China Tourism Policy, Mr Liu Xiao Jun, director of policies and regulation department from China National Tourism Administration delivered his further understanding of government policy movements versus marketing practices.

The plenary session “New Sources of Capital and Partnerships in Domestic and International Markets” received large turnout as the high-profile speakers shared their insights and first-hand experiences in obtaining financing for hospitality projects. The plenary speakers included David Blumenfeld – Senior Partner, Paul Hastings; Gaurav Bhushan – Chief Development & Investment Officer, Accor Asia Pacific; Jim Abrahamson – Chief Executive Officer, InterState Hotels & Resorts; and Jill Hellman – Managing Director, Thayer Lodging Group – China.

During the event, to appraisal and recognise outstanding individuals and companies that contribute to the industry, China Hotel Investment Conference (CHIC) Organising Committee and Advisory Boardtogether with senior industry executives across the region were involved in the nomination and selection process to come out 6 different awards. With over 30 years contribution to the hospitality industry, Mr Yang Weimin, CEO of Shanghai Jin Jiang International Hotels (Group) won the Lifetime Achievement Award; Mr Wu Hai, CEO of Orange Hotel, who created the first concept of “Design Hotel” in China won the China Hotelier of the Year Award; Mr Mark Hoplamazian, President & Chief Executive Officer who leading the Hyatt Hotels Corporation was the winner of International Hotelier of the Year; For China Hospitality Excellence Award,it is no doubt belongs to Greenland International Hotels Group, which has over 60 hotels in operation or under construction in China and overseas, with total assets size of 20 billion RMB, becoming one of the largest hotel owner and operator company in China; The International Hospitality Award went to IHG who marks 30 years of doing business in China and has more than 180 opened hotels and 170 hotels in the pipeline across more than 100 cities today, making it the largest International hotel operator in the country with the longest history in the market and a deep understanding of Chinese consumers. Last but not least, Sheraton Huzhou Hot Spring Resort which owning by Shanghai Feizhou Group and managed by Starwood Hotels and Resorts with its amazing design got the prize for Hotel Development Excellence Award.

As the traditional and most popular activity for the three days conference, Shanghai Leading Real Estate Project Showcase gave all delegates another fantastic experience. The 5 routes tour covered most typical luxury and boutique hotels as well as famous service apartments. For instance, the new Twelve at Hengshan by Starwood, Banyan Tree Shanghai on the bund, etc..This tour has not only helped delegatesbuilt upa vividly concept for their future projects but also brought out the whole core of having this conference – Be Seen. Be Connected. Be on a journey to learn, to grow and to success in the future!

At the end, CHIC Organising Committee expressed its gratitude and appreciation to all partners, sponsors, delegates and participants for their continuous support in making this event a repeated success. The Committee looks forward to welcoming industry leaders at the 10th CHIC scheduled on 23 to 25 April 2014.

 

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