Thailand welcomes global hoteliers to Investment Conference

BANGKOK, Thailand - Bangkok has been chosen to be the venue of the Thailand Hotel Investment Conference for the second year. Around 250 hotel investors, owners, developers and master planners from 26 countries are to meet at the Thailand Hotel Investment Conferenceat the Dusit Thani Hotel, Bangkok from 19-21 May, 2014.

Mr. Sugree Sithivanich, Deputy Governor for Marketing Communications of the Tourism Authority of Thailand (TAT) presided over the conference’s opening ceremony and delivered a welcoming address on Tuesday, 20 May 2014.

Mr. Sugree said, “Different regions of Thailand can offer a variety of destinations, from north to south and west to east with their different characteristics waiting to be developed by investors to capture tourists’ preferences; for example, the North comprises its potential of uniqueness in culture while the Northeast emerges as a connecting destination to ASEAN countries.”

He added, “TAT has planned to do more marketing to prop up the outstanding point of each destination and the highlighted linking of those destinations. Moreover, we continue to create more interesting campaigns to attract tourists; for instance, the beautiful western coastline of Thailand is eyed as new potential destinations.”

Hence, extensive hotel investment is being made in properties outside Bangkok, especially in boutique hotels. The single-market economic changes and travel facilitation that will be ushered in by the ASEAN Economic Community will also be a major plus point in the future.

“I assure hoteliers that Thailand will remain at the forefront of the Asia-Pacific tourism industry thanks to our cooperation with all stakeholders. What happens in Thailand now might not last long. With our cooperation, it will bring a brighter future for Thailand,” the Deputy Governor said.

The Thailand Hotel Investment Conference is part of the global International Hotel Investment Forum series, the world’s longest-running hotel investment forum. The conference leverages the global network of Questex Hospitality, the world’s largest media group in the hospitality industry encompassing events, publications and interactive online solutions.

Previously called the Asia-Pacific Hotel Investment Conference, the 2014 Thailand Hotel Investment Conference is now in its 6th year and is aimed at attracting investors’ in Thailand and the Mekong area and addressing their risk management issues as well as helping to promote and highlight growing markets.

The event’s highlights will include a high-level investment-focused discussion, Regional Hotel Investment Roundup: What Areas in Asia are Hot for Investment and Why? Other discussions worth catching include Insight Panel: Proactive Risk Management for Investing in Growth Markets and Risk Management Panel: Managing Cyclical Businesses, Epidemics, Currency Wars and Other Risks.

Sourced: TravelDailyNews