HVS Asia Pacific Hospitality Newsletter - Week Ending 18 October 2019

21 October 2019
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HVS Executive Search Promotes Haydn Lam and Appoints Jens Busch in Asia Pacific

HVS, the world's leading hospitality consulting and services organization, announced the expansion of their Asia Pacific offices under the leadership of Florian Kittler, Managing Director-Europe & Asia Pacific. Jens Busch has joined HVS Executive Search as Vice President, based in Macau, China. Haydn Lam has been promoted to Vice President at HVS Executive Search, based in Hong Kong.

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HVS Executive Search Relaunches in New Delhi with Ajay Mehtani, Radhika Puri Pangasa and Smriti Anand

HVS, the world's leading hospitality consulting and services organization, announced the expansion of their Asia Pacific offices under the leadership of Mandeep Lamba, President and CEO, South Asia at HVS in New Delhi. Ajay Mehtani has joined HVS as Senior Vice President, Radhika Puri Pangasa has joined HVS Executive Search as Senior Manager and Smriti Anand has joined HVS Executive Search as Manager. All of them will be based in New Delhi.

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In Focus: Vietnam, Discover the Boundless Allure of the Land of Rising Dragon

By Chee Hok Yean and Kok Xin
In Focus: Vietnam 2019 provides an overview of Vietnam's ten leading provinces' tourism landscape and hotel market performance, infrastructure development, hotel transactions and investment in 2018 and outlook.


Myanmar Grants Visa-On-Arrival to Visitors from Six More Countries

The Myanmar government has introduced new regulations to ease access to the country as part of its efforts to attract foreign travellers from longhaul markets. Started from October 1, tourists from six countries namely Australia, Germany, Italy, Russia, Spain and Switzerland can enter Myanmar on visa-on-arrival (VoA) for USD50 at Yangon, Mandalay and Nay Pyi Taw International Airports. In 2018, Indian, mainland Chinese nationals were also granted VoA. In September 2019, the government has announced the extension of visa-free entry for visitors from Japanese, South Korean, Hong Kong and Macau to 30th September 2020. The new initiative is anticipated to further boost growth of the Myanmar tourism industry.

Themed Travel Becomes Increasingly Popular in China

According to a research by the world's leading market intelligence agency Mintel, themed travel is becoming increasingly trendy in China - with more than two in three tourists from mainland cities motivated to try it as a hobby. Among 3,000 urban Chinese respondents aged 20-49 who were surveyed online, three in five would like to try themed travel because it would be a suitable hobby (66%) and create an in-depth travel experience (64%). On the other hand, themed travel provides opportunities for them to meet people with similar interests. Themed travel includes a variety of concepts with the common ones such as health and wellness, self-drive tours and wedding photography. Mintel research shows that 52% of Chinese respondents have taken the more common self-organized tours (eg. excluding RVs and self-drive tours) in the last 12 months
while 49% have taken self-drive tours. 74% of them were motivated to try health and wellness themed travel for enjoying a slower-paced lifestyle while 67% prefer health and wellness themed travel for the nice environment and being beneficial to physical health.

About HVS

HVS is a leader in global hospitality financial consulting. Hotel owners, developers, investors, lenders, management companies, and public agencies around the world rely on HVS to make informed business decisions. HVS's commitment to excellence and unrivalled hospitality intelligence is delivered by more than 300 people in over 50 offices throughout the world who specialize in a wide range of hospitality assets including hotels, restaurants, casinos, shared ownership lodging, mixed-use developments, spas, and golf courses, as well as conventions, sports, and entertainment facilities. For more information about HVS visit https://hvs.com.

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