Tourism in Hong Kong and Macau has been recovering and there are reasons to celebrate the solid performances achieved. New hotels and brands have injected much-needed vibrancy into the markets, but existing hotels face further rate pressure and manpower constraints. In addition, recent launches of various lifestyle hotels, poshtels, co-living spaces and extended-stay products have added to the competition.
Having an exploratory mindset, cultivating the relevant talents, and leveraging the ready-to-deploy solutions are at the core of hoteliers’ successes. Only those who proactively transform and reinvent will remain relevant to the guests of the future. The Hotel Management Asia Summit (HMA), will bring together senior hotel executives in ownership, management, operational, commercial, financial and technological roles, to explore the ways forward.