Global Hospitality Report (September 5, 2017)

Indonesia Hotel Watch 2017 
By Victoria Jia Li Chan, and Hok Yean CHEE

The fifth edition of the Indonesia Hotel Watch highlights Indonesia’s current hospitality landscape, analysing domestic and international demand and hotel supply dynamics of classified and non-classified hotels.

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HVS Guide to Hotel Management Contracts | 475 Management Contracts Representing 120,000 Rooms and over 50 Branded Hotel Operators 

The HVS Guide to Hotel Management Contracts presents the results of an extensive review of hotel management agreements conducted across the Americas (USA, Canada and South America), Europe, the Middle East, Africa (EMEA), and the Asia Pacific (APAC) regions, in addition to offering an in-depth understanding of the key terms and clauses of such agreements. It covers 10 principal areas of discussions – management contract term, territorial restrictions, operator fees, operator performance test, budgeting, owner approvals, employees, indemnification, operator investment in property and termination of the agreement – which are considered critical for owner-operator negotiations. Furthermore, the substantive document includes exclusive HVS insights on key contract provisions supplementing the results of an invaluable and extensive survey that truly offer a global perspective by highlighting the common as well as unique trends in the primary geographies of the world. The global survey sample set comprises 475 hotel management contracts representing close to 120,000 rooms and 55 first-tier (branded) hotel management companies, in addition to several second-tier (third-party) management companies and few independent operators. You may order the full guide and survey report, or just a regional report; please select your preferred option prior to making the purchase.

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In Focus: Ibiza, Spain 
By Ezio Poinelli, and Paolo Buffa di Perrero

This article provides a market snapshot of Ibiza, Spain. Ibiza is considered to be one of the most sought-after leisure destinations in Europe, widely known for its party life, cosmopolitan character and luxury hotels and resorts developments.

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Indian Hotels Company Limited Appoints Puneet Chhatwal as MD and CEO 

Indian Hotels Company Limited, which runs Taj Hotels Resorts Palaces Safaris, has appointed Puneet Chhatwal as Managing Director and Chief Executive Officer. Puneet, the current CEO and board member of Frankfurt-headquartered Deutsche Hospitality, which owns the Steigenberger chain of hotels in Europe, will be replacing Rakesh Sarna when he steps down from his role on 30 September 2017. In his current role, Puneet has been overseeing the global expansion of the Steigenberger brand that expanded to countries like China and Egypt under his leadership.

HVS APAC HOSPITALITY NEWSLETTER.
Curio Collection Makes its UK Debut in London   

The 131-room Trafalgar St. James, overlooking London’s famous Trafalgar Square, has become Hilton Worldwide’s first Curio Collection by Hilton in the UK. The Trafalgar St. James, Curio Collection by Hilton has joined more than 35 hotels and resorts in the Curio family worldwide. "The remarkable hotel is an ideal addition to our expanding global collection of distinctive hotels and resorts, providing travellers, residents and Hilton Honors members the opportunity to discover Central London in a unique and memorable way," commented Mark Nogal, global head, Curio Collection by Hilton.

HVS EMEA HOSPITALITY NEWSLETTER.

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