LETTER FROM HONG KONG: FROM REAL ESTATE TO COMMUNITY, FROM BRICK TO CLICKS, CAN HOSPITALITY MAKE THE LEAP?

At the Hotel Investment Conference Asia Pacific (HICAP), I heard a panel of investors saying perhaps it would take a perfect storm to jolt the hotel industry out of complacency and finally face the challenges coming at them from several fronts – from real estate inflation to tech disruption and a new generation of consumers.