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Hospitality Insights | Q2 2022

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The recovery of travel in a post-COVID world, strategies for investing in hotel assets, and more insights on the hospitality industry brought to you by our hotels and leisure experts.


 
In Colliers Hotel Insights | Q2 2022, we look at:
  • RevPAR and ADR performance across Asia Pacific in Q2
  • The recovery of Singapore's hotel market, including an outlook of supply
  • The case for investing in hotel assets and recommended strategies for investors

Download the latest Hospitality Insights below, and contact our experts today for more market insights and in-depth discussions on key trends and opportunities across the Asia Pacific hospitality sector.


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Hospitality Insights | Q2 2022

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Related Experts
Singapore

Govinda Singh

Executive Director | Asia

Hotels & Leisure

Singapore

Govinda, a member of RICS and registered valuer, is a chartered certified accountant with a postgraduate diploma in economics and a certificate in business valuations, who began his career at Pricewaterhouse in audit and tax advisory.

Having worked as an Operations Manager for Hilton, he was the Financial Controller at the luxury Lanesborough Hotel, at which time he worked closely with the Rosewood and Starwood hotel groups at both the local and corporate level.

Govinda joined PKF in London in 2005 where he was a Managing Consultant within the Hotels and Leisure Valuation and Consulting  practice. He subsequently joined BDO’s Real Estate Valuation and Consulting  team in 2012, where he was a Director responsible for the EMEA, Caribbean and Asia-Pac regions.

Govinda joined Cushman & Wakefield Singapore in 2015 where he was a Director within the Asia-Pac Valuation and Advisory team.

He is now an Executive Director at Colliers International advising on, and valuing investments involving mixed-use, specialist and alternative asset classes across Asia and further afield.

He is also one of Colliers’ dedicated specialist portfolio advisors and valuers in the region, and globally.

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Singapore

Greg Condon

Associate Director

Hotels & Leisure

Singapore

Greg has over 15 years in providing hospitality, commercial and residential property valuation and advisory services across three international regions, and is a member of RICS and Associate of the Australian Property Institute. 

After completing his Bachelor of Business (Property) studies and initial professional valuation training in Melbourne, Greg moved to London in 2004.

After eight years of reporting valuations and assisting with asset management initiatives across the entire UK market to a  range of instritutional-grade clients, he sought to continue his career development in South East Asia by moving to Bangkok in 2012. 

During his time with Knight Frank Thailand, Greg became a senior member of the largest internationally-branded valuation firm in the country, and intrinsically involved in client relationship reporting and management to a variety of clients from the hospitality, banking, corporate and private sectors. 

With his extensive involvement in the valuation and advisory of regional hospitality-led assets, Greg joined Savills in 2018 to focus his advisory and business development skills on the entire South East Asia hospitality market. As the Head of Hotel Valuations for the region, Greg continued to complete assignments in Thailand and Vietnam, together with wider market-leading destinations such as the South Pacific and the Marianas Islands.

Despite an unprecedented change in the global marketplace as a result of the pandemic, Greg relocated to Singapore in late-2020 and through his appointment at Colliers will strive to continue to  provide his extensive expertise for the benefit of a broad and prudent client base.  

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Singapore

Zoe Zhou

Director

Hotels & Leisure

Singapore

Zoe is a hospitality and real estate professional with more than a decade's experience in hotel acquisition and divestment, portfolio asset management, strategic planning and investment analysis for mixed-use development and integrated resort, operator search and branding creation advisory across Asia Pacific.

Having worked with hotel owners and developers, international consultancy and brokerage firms, and hotel management operators, Zoe brings her diverse experience and track records to Colliers as a Director of Hotels and Leisure focusing on growing hotels & leisure transaction advisory and consultancy services for developers, investors, family office, HNWIs and operators' market expansion.

Prior to Colliers, Zoe was with a real estate developer to establish its hospitality platform including asset management for their existing portfolio of hospitality assets in key gateway cities in Australia, sourcing and evaluating of potential hotel and serviced apartment investment deals, and relationship development with industry partners.

Zoe has spent over six years with Savills Hotels Asia Pacific team to establish its consultancy, asset management and transaction presence for Southeast Asia and China markets. Zoe has also spent 3 years with CBRE Hotels in Beijing and Singapore.

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Singapore

Manish Kumar

Associate Director

Hotels & Leisure

Singapore

Manish is a Corporate Development & Strategy professional with over 15 years of international experience in the real estate and hospitality sector, wherein he has gained varied experience from ownership to operator background with his stints at real estate funds, developers, hotel management company and international consultancy firms.

In his roles at multi-cultural large organisations through family offices, he has led several cross-border hospitality transactions across various geographies in Asia Pacific where he advised  clients; beginning from site selection to developing strategic business plans and execution framework to build portfolio. 

He has specialist experience in hotel transactions (both buy-side and sell-side), commercial negotiations, due diligence, asset management including AEI (asset enhancement initiatives) and strategic expansion to new markets including partnerships with investors and developers. His expertise includes financial and feasibility analyses, market research, valuation of hotels, serviced apartments, branded residences and mixed-use developments across various geographies in Asia Pacific and USA.

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