BANGKOK- Another consulting company HVS is entering into the extremely competitive Thai hotel consulting market.

Consulting and valuation company HVS is arriving in Bangkok. Christian Pucher heads the new HVS Bangkok hotel consulting and valuation office but him and his team will directly report to Managing Director Daniel Voellm in Hong Kong,. HVS Bangkok will offer hotel owners, operators, developers and investors in the region services including: development feasibility and market studies, operator search, valuation, strategic consulting, technical services, asset management, investment advisory and tailored services.

At the inaugural evening launching the company Daniel Voellm shared its excitement of having finally in Bangkok "We are very proud to expand our presence in Asia with the addition of the Bangkok office. This will enable us to further develop our local market expertise and more closely serve our clients in Thailand and the broader region."

HVS move into Thailand is due to the exceptional growth that Thailand is experiencing for its tourism: "Thailand remains the number one tourist destination in Asia and continues to attract an increasing number of visitors from across the world. At the same time, Thai companies are heavily involved in the hotel real estate business, both domestically and abroad", said Mr. Voellm.

"Bangkok is an important hub for business in this region with easy access to Myanmar, Cambodia, Laos and Vietnam. HVS Bangkok is here to act as a thought leader and help support and advice players in the industry on hotels, resorts, serviced apartments and branded residences. Chris' appointment and our physical presence on the ground will therefore enable us to strengthen our existing relationships and build new ones", he stated.

HVS has the ambition to become the first address for investors and decision makers when it comes to hospitality matters. HVS is already an expert in the consulting and valuation fields with more than 30 offices around the world. HVS presence in Asia includes key cities, such as Hong Kong, Beijing, Shanghai, Singapore, New Delhi, Mumbai, Jakarta, Shenzhen, Guangzhou and now Bangkok.

"Asia's middle class is growing and becoming a strong contender for quality tourism experiences against their peers from Europe. Thailand is already a great benefactor of this trend and neighbouring countries are trying to get their share of the action. Myanmar's opening provides a whole new spectrum of opportunities for travellers and investors. As competition in the market increases, investors need to adapt and evolve their strategies. Our global reach and experience across a wide range of markets with different levels of maturity allows us to introduce sophisticated analysis and methodologies, while being aware of the realities on the ground", explained Daniel Voellm.

By having an office in Bangkok, HVS is uniquely placed to expand its activities, especially by Expanding and diversifying activities in Thailand and the broader region. Another important aim of having an office in Thailand is not only to increase our understanding of the industry here in Thailand and the region, but also to show how HVS can play a greater role of advancing the industry for the benefit of society.

"A healthy industry is able to generate lasting, positive memories among visitors, support and preserve local habitats, cultures and customs, turn attractive profits for investors and train and educate the wider workforce", concluded Mr. Voellm.

By Luc Citrinot

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