Hotel Market Day 2016

Theme 2016: Growth of Chinese Tourism and Hotel Investments - Opportunities and Challenges for the Western Hotel Sector.

During many years outbound tourism from China was very small and Chinese hotel companies were more or less unknown internationally. Today this picture has changed dramatically. Following rapid growth in domestic tourism, Chinese outbound tourism has grown massively.

Chinese investments in the international hotel sector have also increased in recent years with several large transactions. Earlier this year, the HNA Group launched a bid for the Carlson Group. In 2015, Jin Jiang acquired Groupe du Louvre and the investment group Fosun acquired Club Med. In 2014, the insurance company Anbang took ownership of Waldorf Astoria in New York.

The rise in Chinese outbound tourism and international hotel investments raises a number of questions for actors in the hotel sector in the Western world:

What do we know about chinese tourists and investors?
What are the composition and need of outbound Chinese tourists?
Will Chinese owners, brands and operators use other strategies and ways of organising the value chain than we are used to?
How will competition and asset values be affected?
How will the development of the Chinese economy influence outbound tourism and investments?
These are the questions that will be addressed during this year's Pandox Hotel Market Day.

Programme: Pandox Hotel Market Day 2016

Pandox Hotel Market Day 2016 was held held 22 November 2016 at Hilton Stockholm Slussen.The theme was the Growth of Chinese Tourism and Hotel Investments - Opportunities and Challenges for the Western Hotel Sector.

Please find the presentation material below, as well as the recorded presentations of CEO Anders Nissen.

Program

13.00 – 13.05 Welcome - Christian Ringnes, Chairman Pandox; Bengt Brodin, Moderator

13.05 – 13.50 Pandox Developments - Anders Nissen, CEO Pandox

13.50 – 14.30 Main Trends in Chinese Macroeconomic and Political Development - Frédéric Cho, Founder of Frédéric Cho Advisory AB

15.00 – 15.45 The China Factor: Opportunities and Issues - Kaye Chon, Dean and Professor, School of Hotel & Tourism Management, The Hong Kong Polytechnic University

15.45 – 16.05 The Chinese Tourist: Segments, Needs and Behaviour - Jonathan Smith, Managing Director, Hot Pot Digital

16.05 – 16.35 Chinese Investments in the International Hotel Sector - Andreas Scriven, International Managing Director & Head of Consultancy, Christie & Co

16.45 – 17.15 How Well Are Hotels in Stockholm Prepared for the Chinese Traveller? - Andreas Scriven, Jonathan Smith

17.15 – 17.30 A Chinese Innovator: The China Lodging Group - A filmed interview with Elton Sun, Executive Vice President, CEO Upscale Brand Unit, China Lodging Group (Huazhu)

17.30 – 17.50 Summary and Conclusions - Jileen Loo, Head of Asia Desk International Capital Markets CBRE Hotels EMEA; Bengt Brodin, Moderator

17.50 – 18.10 Hotel Industry Outlook 2017 - Anders Nissen, CEO Pandox