Introduction

Hotel occupancy rates in Southeast Asia have trended upward since the reopening of all major markets, particularly with the resumption of routes to China and the increased capacity of airlines. Challenges like a competitive labour market, rising energy costs, geopolitical tensions, expensive travel, and economic uncertainty continue to impact hospitality demand.

Viet Nam is challenged by a surplus of available rooms and the slow return of key markets such as China and Russia.

Between 2013 and 2023, Nha Trang, Phu Quoc, Da Nang, Ha Long, and Hoi An - Quang Nam had a 54% share of the new room supply. Beach destinations have grown by 16% per annum over the past decade, significantly higher than 6% annual growth in Ho Chi Minh City and Ha Noi.

Hospitality and real estate are ever-evolving landscapes that require perpetual adaptation and innovation. At the forefront of this transformation stands the 'Meet The Experts' (MTE) conference, organised by WeHub Viet Nam and Savills Hotels. This event has evolved into a cornerstone, fostering collaboration and knowledge exchange among industry professionals.

What is Meet The Experts?

MTE has become synonymous with vibrancy within the hospitality and real estate conference circuit. The significant events boast over 20 international and local speakers with crowds of 450+. Guests include developers, hotel owners, and leading consultants, the conference consistently delivers impactful insights. Viet Nam

The recent MTE conference, held on 01 November 2023 had the theme " Re-Energizing The Hospitality & Real Estate Market" proved to be a resounding success. With over 30 speakers and more than 700 professionals from the real estate and hospitality industries in attendance, the event underscored the commitment of WeHub Vietnam and Savills Hotels to the future of the sector. Additionally, senior representatives from Accor Hotels Group, Booking.com, VinHMS, Socico Hospitality Group, Hoiana Resort & Golf, and Wyndham Hotels & Resorts discussed the challenges and solutions within Vietnam's hospitality industry, exploring strategies for long-term success.

See more from the conference here.

MTE is a platform where industry stakeholders can gain professional knowledge and insights into market trends, which injects fresh energy into the industry.

Interactive panel discussions feature top hotel general managers and owner representatives. Their valuable insights added a unique dimension to the event, effectively addressing the ever-changing challenges and opportunities within the dynamic hospitality sector.

The collaboration with distinguished speakers further solidified MTE's reputation as a knowledge hub for industry professionals.

Savills Hotels - Pioneering Hospitality Excellence

At the forefront of hospitality innovation stands Savills Hotels, a dynamic and specialised division within the Savills Group. Operating strategically from its base in HCMC, Savills Hotels is an active participant in the 'Meet The Experts' (MTE) conference, playing a pivotal role in shaping the future of hospitality development in Viet Nam.

Specialising in hospitality development advisory and investment, Savills Hotels is a market expert with a team offering unparalleled support to developers across Southeast Asia. The team guides their clients to make informed decisions spanning a diverse range of properties, from hotels and resorts to serviced apartments, urban branded residences, and the nuanced landscape of second homes, including coastal villas and condotel products, Savills Hotels is synonymous with pioneering excellence.

Conclusion

The recent success of the 'Meet The Experts' conference in Ha Noi solidifies its standing as a pivotal event in the hospitality and real estate industries. The collaborative efforts of WeHub Viet Nam, Savills Hotels, and other partners have given rise to a platform that not only imparts information but actively contributes to the revitalisation of these dynamic sectors.

Anticipation is mounting for the upcoming MTE event, centred around "Embracing Regenerative Real Estate" in late HCMC in March 2024. For professionals aiming to remain at the forefront of industry developments, aligning with Savills Hotels is unquestionably a strategic move.

Stay abreast of the latest updates on the hospitality community. Get in touch with Mauro Gasparotti, Director of Savills Hotels APAC, and Nhung Pham, Head of Marketing & Business Development of Savills Hotels for insights on hospitality in Viet Nam.