Industry Leaders Check In for Serviced Apartments Summit

After 30 years of sustained growth, serviced apartments have emerged as a major component of the accommodation industry. Currently representing over a quarter of total room supply in Australia, the sector has accounted for almost 70% of all new room supply over the past decade.

Apart from successfully servicing the needs of travellers, the industry has been responsible for providing both a major source of employment for young and older Australians, as well as a source for investment in both individual serviced apartments and the management rights businesses that support them. In Queensland alone it is estimated that over 3,000 management rights schemes are in operation in what has become a multi billion dollar industry.

To discuss the future of the industry, serviced apartment owners, operators, developers, lenders, advisers and other stakeholders, as well as hoteliers and interested real estate professionals will meet in Sydney on 25 July 2012 at the 2nd annual Serviced Apartments Summit to hear from industry leaders and experts and to network with peers. The Summit is the only event of its type in the region.

A stellar cast of industry leaders will address the 2012 Summit including:

		Choe Peng Sum Chief Executive Officer Frasers Hospitality			Bob East Chief Executive Officer Mantra Group			Paul Constantinou Chairman Quest Serviced Apartments
		Rachel Argaman Chief Executive Officer Toga Hospitality			Murray Boyte Chief Executive Officer Ariadne Australia			Sid Knell Chief Executive Officer Prime Group Australia
		Ian Crooks Managing Director Resort Brokers Australia			Roland Jegge Vice President Asia Pacific Worldhotels			Gaurang Jhunjhnuwala General Manager Bus. Dev. & Marketing Hind Group
		Jose Ventura VP Asia Pac, Mid.East & Africa Bus. Dev. Preferred Hotel Group			Lindsay Leeser Director Development Asia Accor			Michael Moret-Lalli Director of Acquisitions Mantra Group

 The Summit is a pre-event to the Australia, New Zealand & Pacific Hotel Industry Conference (ANZPHIC 2012) that will be held on 26 and 27 July at the Hilton Sydney. For over a decade, ANZPHIC has been the main event on the regional accommodation industry calendar, attracting over 400 CEO's and other senior industry delegates, as well as 30 Sponsors, Exhibitors and Supporters. A majority of those delegates also attend the Summit. Subject to availability, two-day delegates at ANZPHIC 2012 can attend the Summit for free. Alternatively registration for the Summit alone can be made. The event was a sell-out in 2011 and a similar outcome in expected this year so early registration is advised.

In an industry first in 2012, at the conclusion of the Summit, delegates will join delegates from ANZPHIC and two other co-located industry events taking place at the same time to enjoy Megameet Greet, a major industry networking function to be held at the Hilton Sydney.

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