11 SKIES’ Post

Sindy Wong, head of tourism and hospitality at InvestHK, is cautiously optimistic about the industry's future amidst a struggling F&B industry in Hong Kong. Here's why: InvestHK, a government department founded in 2000, focuses on attracting foreign direct investment to Hong Kong. With a specific emphasis on business matching, Sindy and her team connect local businesses with international brands to foster partnerships and stimulate growth in the F&B scene. A recent example is the visit by top Japanese restaurant groups in April 2023, resulting in several successful partnerships. Sindy highlights that investments from neighbouring 'chopsticks food' regions like mainland China, Japan, and Korea have proven fruitful with more overseas restaurants calling Hong Kong home. This year alone has seen notable openings, including Chongqing’s Chaotianmen hotpot restaurant and Tokyo's Machida Shoten ramen chain. As Hong Kong continues to attract international brands, Sindy notes the city’s strategic appeal for businesses looking to expand in Asia. With upcoming investment promotion events planned in Henan, Seoul, and Singapore, InvestHK is set to further position Hong Kong as a prime destination for F&B ventures. Sindy encourages small to medium-sized enterprises to explore the opportunities in Hong Kong, leveraging government funding schemes to facilitate their expansion. Full article: https://lnkd.in/gEjFzY_Y #HongKong #FoodAndBeverage #InvestHK #Tourism #RestaurantIndustry #ForeignInvestment #BusinessGrowth #FNBIndustry #AsiaExpansion #Business #AFoodieWorld #FoodieHK #HongKongEats #HKFoodie #FoodieMagazine

Frasers Hospitality Head of North Asia Investments, Chester J., shed insights at the recent Mingtiandi - Asia real estate intelligence's annual forum on investments in North Asia's lodging and living sector. Chester delved deeper into the North Asia investment landscape, and shared recent consumer trends in rental and lodging within Asia's living sector, with a key focus on #China and #Japan. He also elaborated further on Frasers Hospitality’s twin engine of growth, and how that will fuel future expansion.   Read more about the discussion here: https://lnkd.in/dfz2Jrm5   #FrasersHospitality #HospitalityInvestment #LivingSector #NorthAsiaInvestment #RentalApartment #Lodging

Navigating the Future: A New Chapter for Hong Kong Tourism In an evening view of Victoria Harbour, captured in a personal moment of reflection, epitomizes more than Hong Kong's iconic skyline—it's a snapshot of progress. It represents a unique blend of timeless tradition and emerging digital frontiers, signaling a bright future for tourism in this dynamic city. Technology is transforming the travel experience, and Hong Kong is embracing this shift with open arms. By integrating AI, augmented reality, and seamless digital services, the journey for every traveler is becoming more personalized, convenient, and memorable. The luminous skyline stands as a symbol of Hong Kong’s undying spirit of innovation. As the city adapts to this innovative era, it extends an invitation to the world to discover its wonders and Lion Rock spirit. With a focus on sustainability and genuine hospitality, the promise for the tourism industry here shines as brightly as the lights reflected on the harbor’s surface. As I witness the dawn of this transformative age, I'm eager to explore and share the unfolding story of Hong Kong's tourism renaissance. #HongKong #TourismInnovation #DigitalTransformation #TravelTomorrow #DesinationHongKong #AsiasWorldCity #TravelAsia

Our first report dives into how Southeast Asian countries are branding themselves to travelers in Asia. We used the #DestinationNavigate feature of our #AsiaTravelMarketTracker to see how Asian travelers view these hot spots. Check it out ! #Outbox #OutboxIntelligence #DestinationNavigate #AsiaTravelMarketTracker #SoutheastAsia #Destination

🏆 Thrilled to share that #Bangkok has once again been crowned as the Best City in the #DestinAsian Readers' Choice Awards 2024! Beyond its vibrant streets and rich cultural tapestry, this recognition reaffirms Bangkok's status not just as a top tourist destination but as a magnet for global #investment opportunities. 📌🌏 As the world acknowledges Bangkok's unparalleled attractions and hospitality, it's crucial to note the underlying strengths that make it an excellent investment haven. The city's dynamic economic landscape, strategic location in Southeast Asia, and continuous infrastructure development present lucrative opportunities in real estate, tourism, and tech startups among other sectors. 🎯✈️ For investors seeking growth, innovation, and resilience, Bangkok's accolade as the best city is a testament to its potential. Let's explore how we can harness this vibrancy and strategic advantage to fuel our investment portfolios and contribute to sustainable urban development. #Bangkok #InvestmentOpportunity #RealEstate #Tourism #TechStartups #SustainableDevelopment #EconomicGrowth https://lnkd.in/gHut9m4V

The news was reported in Nikkei News today 3rd June. Limo LLC, a special purpose company funded by Hong Kong investors, has acquired two small hotel properties in Kyoto City. This is not surprising news. Over the past few years, new hotels have been opening in Kyoto one after another, many of which are the result of foreign investment in Japan. #hotelskyoto #foreigninvestmentkyoto #buyhotelskyoto #kyotohotelsacquired #hongkonginvestors #kyoto #hotelsjapan

Still looking for a last minute holiday destination? I have the answer for you..... HONG KONG! Start planning now via https://lnkd.in/eeQ3wE-C 🎉 Popular places - Tsim Sha Tsui (including Tsim Sha Tsui Waterfront Promenade, Avenue of Stars, Clock Tower, Harbour, Star Ferry ride) - Temple Street/ Ladies' Market - The Peak (including Victoria Peak/ Peak Tram/ Peak Tower) - Hong Kong Disneyland - West Kowloon Cultural District (including M+, Hong Kong Palace Museum and Xiqu Centre) - Hong Kong Observation Wheel at the Central Harbour front - Wong Tai Sin Temple - Hong Kong Museum of Art - Ocean Park (including Ocean Park/ Water World Ocean Park) - Ngong Ping 360 (including Cable Car, Ngong Ping Village, Po Lin Monastery, Giant Buddha, Heart Sutra/ Wisdom Path) Many others already picked Hong Kong as their holiday destination. The June provisional visitor arrivals to Hong Kong reached 3.13 million, marking a 14% increase year on year. Cumulatively, about 21 million visitors arrived in Hong Kong in the first half of 2024, a 64% increase year on year. Among them, about 16.1 million visitors arrived from the Mainland, nearly a 60% year-on-year increase. Five million were non-Mainland visitors, representing an 80% year-on-year increase. Overnight visitors accounted for 50% of all visitor arrivals during the period, staying for 3.2 nights on average. And they were happy: visitors were satisfied with their overall experience in Hong Kong. Overnight visitors rated Hong Kong 8.7 out of 10 and 94% of visitors said they intended to revisit and recommend Hong Kong to others. #HongKongVisitors #VisitorArrivals #OvernightVisitors #LevelOfSatisfaction #PopularPlaces #hongkongtourismboard Hong Kong Tourism Board

🚨 We're pleased to share a new article "Staycation: A Review of Definitions, Trends, and Intersections" by IokTeng Esther Kou, Jinrong Wu, Zhiwei (CJ) Lin, and Tingting Ethel Gong. With staycations becoming increasingly popular due to travel risks and restrictions, this review takes a deep dive into the concept, examining: 🌟 What exactly defines a staycation? From time and distance to types and locations, we've got it covered. 🌟 The benefits and costs associated with staycations. 🌟 The importance of proximity experiences, both physical and digital. The authors highlight the need for more research on staycation development, innovative product design, and the impact on well-being and sustainability. 🔗 Check out the full article: https://lnkd.in/eWF--KfS City University of Macau, Sun Yat-sen University | #THR #THRjournal #TourismResearch #HospitalityResearch #TourismManagement #Staycation #TourismTrends #DomesticTourism #SustainableTravel #TravelResearch #TourismAndHospitalityResearch #WellBeing

I am regularly asked how I do #businessdevelopment because I seem to be "everywhere". I say it's impossible for me to actually be everywhere. But there are things that I intentionally try to do to give the CHP Law LLC brand some exposure (of course, I caveat that i'm not an expert by any measure, but I keep trying different ways to get our firm's brand out there). It's akin to what this The Straits Times article says about building the Raffles Hotel and Singapore brand in 24 Raffles hotels across the globe (I didn't know this!). "All of us can be like the Raffles Hotel - that is to say, anyone can add to their country's brand, while achieving their own personal and professional goals". CHP Law LLC is only 5 years old. We don't have a long established track record. But we are young, dynamic, service-oriented and good at what we do. More importantly, we are #Singapore lawyers - and Singapore has an unparalleled global branding. So what I do is sell #Singapore on the world stage. I regularly speak about the #restructuring tools available in the Singapore courts to faciliate cross-border restructuring. I do the same for #internationalarbitration given that #SIAC is one of the top seats for IA in the world. I invite my friends from around the region to join global networks like INSOL International and the Young SIAC, so that we have more opportunties to interact and learn from each other. Does it work? I'm not sure. But it's fun doing so. Building Singapore builds us as a firm too. Learn from the Raffles Hotel! #chplaw #withyou #personaldevelopment #businessdevelopment

Looking to expand your investment portfolio beyond Singapore’s borders? We’ve got the perfect opportunity for you. Join Co-Founder and CEO of PropertyLimBrothers, Melvin Lim and CEO of Hotel101 Global, Hannah Yulo-Luccini, as they delve into Hotel101 Global's investment properties in Madrid, Spain, and Niseko, Japan. Get insights on comparing local and overseas yields, understanding risks and rewards, and discovering how these global investments can fit your strategy as a Singaporean investor. Don’t miss out. RSVP now via the link below to take the first step towards your overseas investment journey. https://lnkd.in/gjyCJ2Rf #propertylimbrothers #globalinvestment #propertyinvestment