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Innovate in revenue creation and improve operational efficiency to drive profitability at HMT 2018

Tuesday, February 27, 2018

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HMTHotel Management Thailand Summit (HMT), the region’s leading hotel industry conference produced by international conference producer Questex Hospitality Group, is set to return to Bangkok on 7th June 2018. Over 150 international senior hoteliers will gather to discuss on how to generate revenue and boost operational efficiency to thrive.

 

Themed, “Enabling Innovations for Enhanced Profitability in the Age of Margin Compression,” the latest edition of the acclaimed conference will set the stage for leading hoteliers to explore the latest consumer trends, strategize to grow peripheral revenue, and navigate changing distribution landscape to ensure continuous successes. While Thailand welcomed a record breaking 35-million visitors in 2017, the growth of hotel RevPAR remains immensely challenging. Local hoteliers expect room rates to grow at a modest 2-3%, lagging behind inflation.

 

Set against this backdrop, topics to be discussed at HMT 2018 include “Rethinking the Revenue Growth Strategies in a Competitive Environment” , “Diversifying and Growing the Source markets: Conquering the New Frontiers” , “Diversifying and Growing the Source Markets: Conquering the New Frontiers”, “Securing Owner Approval and Capital Investment for Renovations and Upgrades”, and “How will Blockchain Technology Enable Distribution and Loyalty?”, among others.

 

Anand Jindal, Cluster Director, Revenue Management of W BANGKOK, who attended HMT in 2017 said HMT was an excellent opportunity for him to understand Thailand’s hotel market better especially since he is quite new to this region. The Summit provided a platform for like-minded hotel professionals to network and engaged and he definitely gained a lot from it. The insights were rich and the speaker selection was outstanding.

 

HMT is a neutral one-stop strategy platform where Corporate CEOs/ Presidents, COOs and CFOs, VP operations Property GMs, Financial Controllers, Director of operations property owners, and managing directors will directly address all key management, operational, commercial, and financial challenges that impact corporate and property P&L.

 

HMT Summit 2018 is part of the Hotel Management Asia summit Series, Asia’s only truly regional hotel management conference series. The series will rotate through Bangkok, Hong Kong, Singapore, and Indonesia this year by leveraging regional experiences, insights, and innovations to address market-specific challenges.

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