Singapore, 12 July 2016- Sphere Conferences, the conference arm of Singapore Press Holdings Limited (SPH), today launched the inaugural Hospitality Investment Conference Vietnam (HICV), which will be held over 2 days at The Reverie Saigon.

Gracing the event as the Guest-of-Honour is the Deputy Director General Mr. Ha Van Sieu of the Vietnam National Administration of Tourism (VNAT). With the support of the VNAT, HICV 2016 aims to be the country's leading platform in addressing the opportunities and challenges facing the burgeoning hospitality industry in Vietnam today. Fast becoming one of the most talked-about destinations in the region, recent statistics by STR showed that Vietnam has recorded an increase in occupancy, Average Daily Rate (ADR) and Revenue Per Available Room (RevPAR).

Several of the government's initiatives like the visa easing policies, various improvements in the aviation landscape, development of the marine tourism sector and other new destinations in the country are proving to be effective in spurring tourism growth in Vietnam. Against the back drop of strong growth, HICV 2016 aims to facilitate dialogues amongst hotel owners, operators and managers, developers, investors and architects at the two-day networking and business matching platform.

The potential of HICV and the Vietnamese market is made evident by the presence of key industry players at the event which includes Alcatel-Lucent, Baker & McKenzie (Vietnam), Bespoke Hospitality Management Asia, Bitexco Group, dwp, Dynasty Investments, EXO Travel Vietnam, FLC, Gaw Capital, Grant Thornton (Vietnam), Hilton Worldwide, Hoi An South Development Co, InterContinental Hotels Group, Jones Lang LaSalle, MIK Group, Plateno Group, QUO, SC Capital, STR, Thai Group, Tung Shing Group, Vina Capital, Vinpearl Hotel Management, Wyndham Hotel Group, YWS Design and many more.

These industry leaders will share expert insights and experiences in driving growth of the hospitality sector in Vietnam. The discussion topics at the two-day Conference include the Vietnam investment climate and development outlook; hotel branding and designing in a market of timeless charm; contract negotiation; operator selection; presenting hospitality to the millennials; the gaming sector; new destinations; golf courses and hospitality complexes.

Patricia Cheong, General Manager of Sphere Conferences, said: 'We are optimistic about Vietnam's growth. The response we have received for this event has been overwhelming. We are excited to be a part of this tourism growth. And we are happy to be able to provide this platform where the hospitality sector can come together and work hand-in-hand to continue to spur this growth.'

For more information about the event, visit http://www.hicv.sphereconferences.com.

Issued by Singapore Press Holdings Ltd
Co. Registration. 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
DID: +65 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

SPH - Singapore Press Holdings Ltd. published this content on 12 July 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 July 2016 06:33:06 UTC.

Original documenthttp://www.sph.com.sg/media_releases/2901

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