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ITB Asia 2015
AMITE 2015
Big names, big topics at A-P hotel meet
Friday, May 03, 2013
Somsak Pureesrisak, minister of Tourism and Sports will deliver the welcome address at the Asia Pacific Hotel Investment Conference 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 took on his role earlier this month, declared that his priority is to make Thailand a safer destination for foreign tourists, saying otherwise it 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 THB2 trillion by 2015.

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 will include Charles Blocker of IC Partners; Deepak Ohri, ceo of Lebua Hotels and Resorts; Daniel Wakeling, vice president, mergers and 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 and Mohd  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 per cent 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".
 
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