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Where are your serviced residence development hotspots in Asia-Pacific? The emerging hotspots are Chengdu, Wuxi and Tianjin in China, where Frasers Hospitality has established a presence and is planning continued growth. Why are you focusing on these cities? This is driven by rising business and leisure travel, due to the proliferation of high-tech and industry parks in these cities and a growing segment of middle-class consumers contributing significantly to the increase in leisure travel. More business travellers are choosing to stay in serviced residences even on leisure trips, and leisure travellers are more aware of the benefits serviced apartments offer. These high-growth second- and third-tier cities are key growth areas for Frasers Hospitality. Our China expansion strategy works on the strong demand for our serviced residences, as reflected in high occupancy rates since we set foot in the country and the numerous industry awards the brand has garnered in the region. How are you expanding in these cities? In Australia, serviced apartments are in high demand and short supply — a trend that shows no sign of slowing. The demand for quality accommodation is rising nationwide, Stimulated by growth in agriculture, telecommunications and construction. Colombo is currently undergoing a dramatic transformation. Myanmar is the other fast-growing South-east Asian state with a lot of strong initiatives championed by the government. The current shortage, along with the weak supply pipeline of serviced residences in Yangon, will pose challenges for new inbound expatriates. As the government grants more foreign business licenses, expatriate accommodation requirements will persistently rise amid limited quality housing options in the city. We are constantly taking on projects in areas where there are aggressive developments initiated by both the government and private sectors. We look to double our existing portfolio in the near future and these markets will be the key thrusts in our business development. Ascott has 21 new cities in our serviced residences portfolio, and we plan to open over 20 serviced apartment properties in Asia this year. We recently opened our first serviced residences in Sriracha, Thailand and Haiphong, Vietnam. Ascott is the first international serviced residence operator in Sriracha and Haiphong. With more MNCs and large local enterprises setting up in Wuxi, we expect healthy demand for our serviced residences by expatriates and local business travellers. We have four properties in Sriracha, Haiphong and Wuxi so far, and we are open to opportunities. We will expand through investments, management contracts, strategic alliances and franchises. We are looking to expand our serviced apartment brands — Shama, which is well established in Hong Kong and China, and the Amari Residences in Thailand — not only within existing markets but also beyond new markets, which we feel will have a growing demand for this type of accommodation. Currently, we are looking at India, Indonesia and Malaysia as areas of expansion. At this point we are looking for both brown-field and green-field opportunities, and we plan to announce new projects soon. We are now looking into India, Indonesia and Malaysia because of the existing strong demand for corporate long-stay clientele — these are the key consumers of Shama and Amari Residences. In the key areas of India, Malaysia and Indonesia, the location will dictate the brands we choose to introduce. For instance, as part of our recently announced expansion plans to India, we will be introducing the first Amari Residences at GIFT city in Gujarat, featuring residences, one restaurant, a swimming pool and a fitness centre. The number of keys will also depend on the space available, as we are looking at both green-field projects or existing structures. Where are your serviced residence development hotspots in Malaysia? Kuantan, Malacca and Kota Bharu. These destinations attract tourists and corporates, which are our target markets. Choosing a location is important, as the serviced residences have to appeal to both corporate clients for long stays of more than a month and the tourists for those staying for at least a night. The hotel has a large ballroom which can accommodate guests in banquet seating and the serviced residences provide one, two- and three-bedroom options. Swiss-Garden Resort Residences Kuantan is strategically located within the Malaysia-China Kuantan Industrial Park to attract mainly corporate clients and leisure tourists. Having the in-house Underwater City of Teruntum mini water theme park attracts families with young children and even extended families. How are you expanding in these areas? Expansion is through property management. Both properties opened in January This managed property will also be part of a mixed development. Where are your serviced residence development hotspots in Indonesia? Definitely the top five cities of Jakarta, Surabaya, Medan, Bandung and Makassar; but the greater Jakarta area is really where most of the action is and will be. For Archipelago International, however, Balikpapan is another success story. The city has a lot of demand from expatriates working in the oil and gas industry. Jakarta-based developers are more sophisticated and so are the clients; the market is mature and competitive, and the demand is there. Jakarta developers are aware of the pull a brand can bring to a residential project or serviced residence, and 20 to 30 per cent of the premium buyers are willing to pay. There are also a few successful high-end luxury branded residences already in the market, so the next trend will be that more mainstream, upscale and mid-market brands like Aston are getting into the serviced residence markets. We operate serviced residences in various cities across Indonesia, with the most successful ones located in Jakarta and Balikpapan. We currently have projects in Karawaci west of Jakarta , the southern part of Jakarta and Surabaya. To read more, please view our digital edition or click here to subscribe. Koryo Tours took people into the North Korean capital in mid-April for the second-ever Pyongyang Marathon, where a record foreign runners competed this year. North Korea has already indicated that it wants to increase this figure to 1, in Geoffrey Tudor, an analyst for Japan Aviation Management Research, told TTG Asia e-Daily that while North Korea would benefit from the foreign currency brought in by the rising tourist arrivals, the airport needs better infrastructure to cope with the influx. Secondly, we are in the premier category. Why does it matter to be exclusively beachfront? When travel consultants have a client who wants to go to a beach destination, Outrigger should be the number one on their list because of the clarity of the brand. Outrigger started on the beach in Hawaii. Through the decades, we had a wide variety of products at different levels that was confusing for travel agencies for a long time. This was why we decided to clarify the brand and cleaned out the portfolio, so that our guests know what they are getting. Our earlier experience — about 10 years ago when we first went to the Pacific with primarily management contracts — shows we do better when we own the property, as we have better control. We are a family-owned business and we are true and authentic to the culture of the place we operate in. How did Outrigger start? The company Outrigger Enterprises Group is 68 years in operation. My grandparents came to Hawaii from California in s. So my grandparents started building hotels to cater to the leisure market in the rest of America, Canada and Australia. He carried the bags and my grandmother cleaned the rooms. Who runs the business today and who decides on the direction for the group? G2 and G3 run the business now. G4 are in their 20s and 30s and are out getting their experience and education. The family is the shareholder so it decides the final strategic direction. My dad, who has retired, is chairman-emeritus. My brother, who is a doctor, is chairman. My brother-in-law is president and CEO. Why the need to go beyond Hawaii? We had a big hurricane in and another in , which made us realise we had all our assets in one place in Waikiki and we needed to diversify. Key iconic beach locations — Seychelles, additional locations in Thailand, Bali in Indonesia and other Micronesian locations. Is it instilled in everyone in the family that hospitality is going to be their life? Oh no, we never force anyone to be in the business. We encourage people to go find their passion. Get your education and experience first, then we probably have something for you back at the company. Why did you choose corporate communications? I ended up having a career in the media and was living on the mainland for a while, with my own TV and radio show. What are the advantages and disadvantages of being family-owned? Being privately owned allows us to have a long-term view, versus a public company where you have a shorter window to perform by. The other key advantage is just being able to have control. The disadvantage is the potential to fall apart. Most family businesses do not survive past the second generation as each family often get bigger and it becomes harder to align them to the original goals of G1, as these dissipate from one generation to the next. The family meets every quarter. We work hard to communicate with one another and to make sure everyone is still engaged in the business and understands its culture. Are they? No, we created an employment policy for the family, to make sure that we are professional and that only those who are serious about it can come work for it. So did you go through an interview? You could get fired? Guests who have a certain number of followers or likes on Instagram or Facebook will be entitled to participate in this deal that runs until March 31, For example, guests with 1, Instagram followers will receive a 10 per cent discount, and for 10, followers or more the room is free. To qualify, guests need proof of their fan base upon booking and to post a minimum of two photos throughout their stay. Hosting a group of bloggers from Singapore in partnership with Scoot in February inspired Novotel Vines Resort to use social media as currency. Sol House Jimbaran, also on the southern tip, is a room condominium-style complex that is scheduled to open in Other markets the group is looking to open up in are Thailand, Myanmar, the Philippines and Lombok in Indonesia. Since April 1, only 24 five-star hotels in Kerala have been licensed to serve India-made foreign liquor. We will foray into new markets like China by participating in trade fairs and roadshows and organising fam tours. The NTO has also reduced luxury tax rates from However, Kunju Michael, managing director of Hotel Maharani in Calicut, lamented that the alcohol ban will drive tourists to other destinations instead. Nevertheless, Kerala Tourism will continue venturing into new markets in China and Sri Lanka through trade fairs, roadshows and fam tours, court upcoming markets like the US, and continue aggressive campaigns in traditional markets such as the UK, France and Germany. A focused Ayurveda and monsoon campaign will be conducted in the Middle East where 90 per cent of the Indian diaspora is from Kerala. The luxury hotel is situated at the junction of Scotts Road and Orchard Road and within the same development as the iconic Tangs department store, and is owned by Tang Holdings. Capable of accommodating up to pax, the restaurant has two private dining areas, one for six guests and the other for Gourmet Farms is promoting its farm and restaurant as part of the ongoing Flavours of the Philippines festival in the run-up to the Madrid Fusion Manila gastronomy congress and exhibition. Travel websites 55 per cent are the information sources trusted most, followed by online blogs and reviews 52 per cent and social media 41 per cent. They also use their mobiles the most to book. While 46 per cent of respondents favoured laptops as a means of booking flights, the number of bookings made with a smartphone or tablet in China 24 per cent is three times higher than for travellers from other parts of the world seven per cent. China was the most-mentioned favourite destination 36 per cent visited, followed by Hong Kong seven per cent and Germany six per cent. Germany was also their dream destination nine per cent , followed by China nine per cent , Japan seven per cent , Taiwan six per cent and Australia five per cent. Chinese Millennials are particularly likely to make purchases in cash 29 per cent , but payments are also often made using debit and credit cards 27 per cent and 25 per cent respectively. In terms of credit cards, Visa was by far the favourite brand, chosen by 66 per cent of respondents, with MasterCard coming in second at 18 per cent. About 84 per cent of respondents reported enjoying staying in hostels, and safety 33 per cent and the lack of personal space 29 per cent were the biggest issues for those who did not. The Chinese Millennial traveller is more likely to experience visa problems compared to other young travellers, with 28 per cent of respondents experiencing visa barriers as compared to The report was based on an online survey conducted with more than 1, Chinese Millennials in June As general manager, Bockin will focus on revenue generation and optimising efficiency in the hotel. Most recently, she was the director of sales and marketing at Andaz Liverpool Street London. Home Blog Page As the momentum of business investment and infrastructure development shifts beyond traditional economic centres in Asia-Pacific, serviced residence operators are seeing opportunities in new hotbeds of activity, our reporters discover Where are your serviced residence development hotspots in Asia-Pacific? Fraser Suites Chengdu More business travellers are choosing to stay in serviced residences even on leisure trips, and leisure travellers are more aware of the benefits serviced apartments offer. Somerset Wuxi Ascott is the first international serviced residence operator in Sriracha and Haiphong. New Pyongyang airport terminal to commence operations by year-end By Julian Ryall. Strictly beachfront By Raini Hamdi. Kerala recorded , foreign tourists in Additional reporting by Rohit Kaul. Call 65 for more information and bookings. Tagaytay day resort tempts tourists with agritourism, farm-to-table cuisine By Marianne Carandang. For banquets, the al fresco garden can hold up to pax. The average length for international travel is more than three weeks long. Tried and Tested. Hot Deals. What to Buy Now. Subscribe To. Advertise With Us. All Rights Reserved.

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