Innovate in Revenue Creation and Improve Operational Efficiency to Drive Profitability at HMT 2018

Source: Questex Hospitality + Travel

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Hotel 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 7 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. “HMT was an excellent opportunity for me to understand Thailand’s hotel market better especially since I am quite new to this region. The Summit provided a platform for like-minded hotel professionals to network and engaged and I definitely gained a lot from it. The insights were rich and the speaker selection was outstanding,” said Anand Jindal, Cluster Director, Revenue Management of W BANGKOK, who attended HMT in 2017. 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. Watch our 2017 Hotel Management Thailand Summit here.

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About Questex Hospitality + TravelThe Questex Hospitality + Travel Group of Questex LLC serves the worldwide hospitality, travel and related industries that together contribute over $6 trillion to the global gross domestic product. Through an innovative platform of targeted solutions, the group serves the sector’s entire ecosystem, from tourism and hotel development and investment to hotel design, purchasing, management and operations. The Questex Hospitality + Travel Group supports every B2B segment of the industry, from investment and development to management operations, sales and marketing of hospitality and travel products to destination development and marketing, via proven demand generation, learning, loyalty and rewards solutions as well as a network of live events. This division of Questex is aligned around three broad market segments – hospitality, travel, and meetings – and supported by its digital media staff.About Hotel Management Thailand Summit (HMT Summit)The leading conference in Thailand that directly addresses all operational/management challenges, the Hotel Management Thailand Summit provides a platform for hotel executives from both corporate level and property level to discuss key operational, branding and financial issues directly impacting corporate and property P&L. CEO, COO, CFO, VPs, GMs, Financial Controllers, and executive committee members will gather to strategize and debate on essential topics including brand equity, cash-flow management, cost control, innovation and staff retention and development. Industry leaders will share their best practices and recommendations with their peers.