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Hospitality Investment Conference Indian Ocean 2016

Singapore, 24 August 2016 – Sphere Conferences, the conference arm of Singapore Press Holdings Limited (SPH), today launched the third edition of the Hospitality Investment Conference Indian Ocean (HICIO) 2016.  The two-day conference will be held from 24-25 August at Hilton Colombo, Sri Lanka.

The conference provides the platform for discussions and debates on the opportunities offered by the growing hospitality and tourism markets in the Indian Ocean (IO) – the Maldives, Mauritius, the Seychelles and Sri Lanka. Over 100 developers, operators and owners of hospitality properties, as well as investors, financiers, designers and technology providers from across the region are expected to attend.


The Guests of Honour are the Hon John Amaratunga, Minister of Tourism Development and Christian Religious Affairs, Sri Lanka and H.E. Hussain Lirar, Deputy Minister, Ministry of Tourism Maldives. They will be sharing their insights on how the government is facilitating investment and tourism development within the respective markets.

Topics which will be discussed include the governments’ initiatives like access and infrastructural developing projects in the pipeline and industry issues:

· Operating in the unique IO – What is the biggest draw…and drawback?
· Investment trends in Sri Lanka & the Maldives – and their relevance to the IO markets  
· Save, spend or splurge? – Hot and trending segments in the IO
· Marrying the wellness and travel dollars to tap the US$ 500 billion potential of the wellness economy
· Asset value creation to keep the books in the black – What keep owners up at night?
· The Millennials & the Disruptors – Where is hospitality headed in the IO?
· Incorporating best practices to remain true to ESG commitments – Difficult, expensive but necessary?
HICIO 2016 aims to facilitate dialogues amongst hotel owners, operators and managers, developers, investors and architects at the two-day event.

The potential of HICIO 2016 and the Indian Ocean region as market is made evident by the presence of local and regional key industry players like AAA Hotels & Resorts, Argent Capital, Best Western Elyon Hotels, Browns Investments PLC, Capella Hotel Group Asia ,Centara Hotels & Resorts, Ceylon Tea Trails, Crown Co. Pvt. Ltd., Hemas Holdings, High Commission of Maldives, Colombo, Hilton Colombo, IDeaS Revenue Solutions, Jetwing Hotels, LUX* Resorts & Hotels, Moevenpick Hotels & Resorts, Mount Lavinia Hotel Group, Oakwood Asia Pacific, QUO, Serendib Leisure Management, Sino Lanka Hotel Holdings, Sri Lanka Tourism Development Authority, STR, Sun Siyam Group, The Rainforest Ecolodge and many more.

Ms. Patricia Cheong, General Manager of Sphere Conferences, said: “We are deeply appreciative of the support granted by the Ministry of Tourism. Arrival numbers have been climbing steadily in the Indian Ocean markets and we are optimistic about the region’s growth. We are excited to be a part of this growth and are happy to be able to provide this engaging platform where the hospitality sector can come together and work hand-in-hand to continue to scale greater heights.”

For more information about the conference, visit: http://www.hicio.sphereconferences.com

For more information about the Hospitality Investment series, visit: http://www.sphereconferences.com.  

Issued by Singapore Press Holdings Limited 
Co. Regn. No. 198402868E

For more information, please contact:

Ms Theodora Soh
Assistant Marketing Manager
Sphere Conferences
DID: +65 6848 5378
Email: theodora@sphereconferences.com

Ms Vanni Cheong 
Assistant Manager
Corporate Communications & CSR
Singapore Press Holdings Limited
DID: 6319 1553
Email: 
cvanni@sph.com.sg

About Sphere Conferences

Sphere Conferences, a conference arm of Singapore Press Holdings, produces conferences that are of the highest quality bringing inspiration, innovation and value to customers. Sphere’s purpose is to empower customers with big and fresh ideas and lasting relationships that will enable them to excel in their chosen markets, by providing unique networking and learning platforms whereby they can learn, network and do business. For more information, please visit 
www.sphereconferences.com

About Singapore Press Holdings Ltd

Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Asia’s leading media organisation, engaging minds and enriching lives across multiple languages and platforms, ranging from print, digital, radio and out-of-home media. 


SPH owns award-winning newspapers, magazines and best-selling books in both print and digital editions, as well as online classified businesses in the region. In addition, SPH has two English radio stations and one Chinese radio station, an out-of-home digital advertising unit, a regional events and conferences arm, and runs a chain of modern retail convenience stores. SPH also has a 20 per cent stake in MediaCorp TV Holdings Pte Ltd, which operates free-to-air channels 5, 8 and U, and a 40 per cent stake in MediaCorp Press Limited, which publishes the free newspaper, Today.

SPH REIT comprises Paragon, a premier upscale retail mall and medical suite/office property in Orchard Road and The Clementi Mall, a mid-market suburban mall. SPH's latest retail development is The Seletar Mall located in Sengkang. 


For more information, please visit www.sph.com.sg