The Outlook on Singapore's Hospitability Sector: How Big a Role Does Disruption Play in Its Future

Robert McIntosh, Executive Director, CBRE Hotels, Asia Pacific

Venue : Stamford American Auditorium (AmCham Office, 1 Scotts Rd, #23-03 Shaw Centre)

Date : October 17, 2017

Time : 7:45 AM - 9:00 AM

Price : $0.00

2017-10-17 07:45:00 2017-10-17 09:00:00 Asia/Singapore The Outlook on Singapore's Hospitability Sector: How Big a Role Does Disruption Play in Its Future Hosted by the Property and Travel and Leisure Committees The hotel market in Singapore has been performing sub-optimally for the last few years. How does this compare with the region? What are the causes of these problems and when and why will the market improve? This presentation will address supply, demand, room rates and occupancy as well as matters impacting on profitability and investor demand. In addition there are changes occurring to the industry such as the emergence of Airbnb and new hotel types. These will be discussed and explored to better understand their nature and impact. Stamford American Auditorium (AmCham Office, 1 Scotts Rd, #23-03 Shaw Centre) AmCham Singapore

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Description


Hosted by the Property and Travel and Leisure Committees


The hotel market in Singapore has been performing sub-optimally for the last few years. How does this compare with the region? What are the causes of these problems and when and why will the market improve? This presentation will address supply, demand, room rates and occupancy as well as matters impacting on profitability and investor demand. In addition there are changes occurring to the industry such as the emergence of Airbnb and new hotel types. These will be discussed and explored to better understand their nature and impact.

About the Speaker

Robert McIntosh
Executive Director
CBRE Hotels, Asia Pacific

Robert McIntosh is the Executive Director responsible for advisory and valuation work in CBRE Hotels in Asia Pacific. Based in Sydney he has over 40 year’s property experience, 30 of which are in hotels. The division services the hotels and leisure industry including resorts, golf courses, casinos, theme parks, pubs, hotels and motels.

Robert’s experience has been wide ranging in terms of geography, property type and skills. He has been involved in advisory, valuation, operator selection, consulting and sales assignments throughout the Asia Pacific region. In addition, he has advised on the restructuring of various portfolios, due diligence assignments and the listing of real estate assets.

He has developed advanced financial models for commercial, retail and hotel properties. He has also been involved in numerous conference courses as a speaker and moderator. He has also provided expert evidence in respect of various property related matters. Robert also has considerable experience in related associations; he was a board member of the Sydney Visitors and Convention Bureau and has served on various professional committees of organisations such as the API and RICS.

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