Bangkok (Thailand) – May 4, 2013 – Thailand’s Minister of Tourism and Sports, Somsak Pureesrisak, will deliver the welcome address at the Asia Pacific Hotel Investment Conference in Bangkok on 15 May at the Dusit Thani, Bangkok. The two-day conference is expected to attract hospitality players and investment executives from throughout the region.
The fifth-annual Asia Pacific Hotel Investment Conference, the first to be held in Bangkok, is an International Hotel Investment Conference (IHIF) Summit organized by Questex Hospitality Group.
Somsak, who assumed his role earlier this month, declared that his priority is to make Thailand a safer destination for foreign tourists, saying it otherwise is “useless” to invest large sums of money to attract overseas visitors. Establishing a safe place to visit will bring sustainable tourism growth to Thailand and drive tourism revenue to meet the Thai Government’s projected target of 2 trillion Baht by 2015, he said.
Somsak, a career politician and outgoing governor of Suphan Buri province in central Thailand, is a member of the Chart Pattana party, part of the coalition government currently in power under Prime Minister Yingluck Shinawatra.
Following Somsak will be one of the founding fathers of Thailand’s luxury hospitality industry, Chanin Donavanik, managing director and chief executive officer of Dusit International, who will deliver the keynote address, “Seizing Opportunities in the Most Desirable Hotel Investment Markets, an Owner’s Perspective.”
Conference delegates also will include Charles Blocker of IC Partners Limited; Deepak Ohri, CEO of Lebua Hotels and Resorts; Daniel Wakeling, vice president, mergers & acquisitions for Kingdom Hotel Investments; Alessandro Fiascaris, a principal in Blackstone’s Real Estate group; Steve Carroll, national director asset management at LaSalle Investment Management; Gerald Yong, chief investment officer for The Ascott Limited; and Mohd K. Rafin, chief corporate officer of Park Hotel Group.
More than 200 delegates representing more than 100 hospitality and luxury companies are expected to attend, up more than 10 percent from last year. They include some of the region’s leading hotel owners, investors, operators, developers, policymakers, designers, architects and master planners.
Topics for keynote addresses and panel discussions include “How to Solve the Agency Problem Between Hotel Owners and Operators,” “Sourcing Debt to Finance Growth in Today’s Market,” “Unleashing the Potential of Existing Property through Reflagging, Repositioning and Renovation” and “How Best to Accelerate Return of Capital.”
APHIC also will host two receptions at two of the most acclaimed rooftop venues in Bangkok, the award-winning D’Sens at the Dusit Thani Bangkok and Flute Bar and The State Room at The Tower Club. A welcome reception will be held at D’Sens 14 May, and on the following evening, lebua Hotels & Resorts will welcome delegates to Flute Bar and The State Room at The Tower Club. All networking activities will be facilitated by widely recognized hospitality delegates designated “super connectors.”
For more information about APHIC, visit http://ihif.questexevents.net/.
About Questex Hospitality + Travel
Questex Hospitality + Travel, the largest multimedia organization in the world dedicated to travel and lodging, drives revenue, productivity and value-creation for these related industries through strategic investment and deal-making forums, powerful lead-generation tools, interactive online business solutions, world-class events and industry-leading publications.
The Questex Travel Group, a division of Questex Hospitality + Travel, serves travel marketers globally through its TravelAgentCentral.com, LuxuryTravelAdvisor.com and TravelAgentUniversity online portals. It operates the leading luxury travel booking site, FiveStarAlliance.com, publishes Travel Agent and Luxury Travel Advisor magazines and produces leisure events: Luxury Travel Exchange International, ULTRA Luxury Exchange, Young Leaders Conference and Hawaii Travel Exchange and MICE events: Global Meeting & Incentive Travel Exchanges and CONFEC conferences.
Questex Hospitality + Travel also provides business development, marketing and training services to national tourism organizations, destination marketing associations, hotel, gaming, resort and cruise companies, online travel agencies and travel advisors worldwide. Questex Hospitality + Travel is a division of Questex Media Group LLC, headquartered in Newton, Mass., with offices throughout the world.
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