HONG KONG HOTELS ASSOCIATION

 

CHAIRMAN’S STATEMENT 2007-2008

 

 

 

The hotel industry had a relatively flat year in the first eight months of 2008, maintaining its average room occupancy rate at 2007 levels and registering a slight increase in rates, despite an increase of 2,267 new hotel rooms, or 5% over the same period last year.

 

Hong Kong’s average hotel room occupancy rate for all categories of our member hotels stood at 82.7% versus 84.1% last year, down 1.5 percentage points. Average hotel room rate increased by 8.7% and average yield was up 6.8%.

 

Average hotel room occupancy rate in High Tariff “A” hotels in Hong Kong, registered 76.3% versus 79.7% last year, down 3.4 percentage points, while average room rate improved by 12.9%.

 

High Tariff “B” hotels in Hong Kong registered 84.8% in average hotel room occupancy rate versus 85.9% last year, down 1.1 percentage points, while average room rate improved by 10.3%.

 

Medium Tariff hotels in Hong Kong achieved an average hotel room occupancy rate of 85% versus 85.7% last year, down 0.7 percentage points, while average room rate was up 8.7% from last year.

 

Although hotel room rates in Hong Kong have risen in the past, the increases were still below that required to compensate for the relative drop in value of our own currency.  The favorable currency factor gave our industry in Hong Kong some advantage when selling to non US Dollar pegged global markets, but higher costs of imports raised further price inflations in Hong Kong, especially in food prices.

 

China’s outbound tourism this year was influenced by several factors including a number of temporary measures introduced for the Olympics. The tightening of visas for international travelers to China has had the most significant adverse impact on our business.

 

The outlook for our industry in the second half of 2008 remains cautiously optimistic despite mounting uncertainties in global financial markets and the high cost of oil.  The latter has caused airfares and fuel surcharges to rise and the cost of travel to increase.   As part of the collective travel and tourism industry body, the hospitality sector has to be cognizant of the burden and implications that rising fuel charges have on it.

 

Based on the 2008 forecast of visitor arrivals announced by Hong Kong Tourism Board in February 2008, Hong Kong expects to receive 30.4 million visitors versus 28.2 million in 2007, or an increase of 8%.

 

 

With preliminary first eight month visitor growth rate at 7.3%, Hong Kong is on target to achieve over 30 million visitors in 2008. This gives us an assuring base of visitors to allow our industry to continue to enjoy a relatively good year in 2008.

An increase in the percentage of same day visitors to Hong Kong has been recorded.   The share of same day visitors to Hong Kong increased to 41.8% from 39.1% last year and same day visitors to Hong Kong from China stood at 45.2% from 41.3% last year.  With cross border visitor travel from Shenzhen to Hong Kong becoming increasingly more convenient, this trend will continue.

 

The commencement of direct air travel between Taiwan and China on 4 July, 2008 opened up air routes from Beijing, Shanghai, Nanjing, Xiamen and Guangzhou to 8 airports across Taiwan to serve these new air routes.  China plans to open another 5 air routes in 2009 to Taiwan which will include Shenzhen, and travelers can look forward to daily scheduled direct flights between Taiwan and China in 2009.

 

This enhanced accessibility will create an inevitable change in travel patterns, enabling Taiwanese travelers to enter the Pearl River Delta directly through Guangzhou and Shenzhen.

 

Macau surpassed Hong Kong in visitor numbers from the beginning of 2008, but their visitor mix comprised of a high percentage of same day visitors at 52%.  Their hotel staying overnight visitors also had only 1.4 night stay at their hotels.

 

There has also been reduced demand for manpower from Hong Kong to fill new job vacancies in Macau but demand for highly professional talents, particular in the Food & Beverage field has increased.  China has also become their primary source of recruitment for new and experienced staff to meet their ever growing manpower needs.

 

During the past year, there were a number of important initiatives taken by Government that benefited our industry and supported tourism in Hong Kong on a much wider scale. 

 

In the Financial Secretary’s Budget Speech in March 2008, the wine and beer duty was completely abolished.  This came just a year after Government reduced duty by 50%. This decision has had a major, positive impact to our industry.  Government also waived the Hotel Accommodation Tax, which was introduced some 40 years ago. This too has benefited our industry since July 1, 2008 when it took effect.

 

Additionally, Government provided 10 land sites for Hotel Only development projects for completion by 2012.  These, together with a number of new hotel projects that are already underway for planned completion in the next 3 years, will create an abundant supply of hotel rooms in Hong Kong across all categories of hotel properties to support Hong Kong’s tourism and visitors at large.

 

The following is a summary of new hotel room increases in Hong Kong comparing the past two years with the next 4 years of 2009-2012.  These numbers are year ended figures and they do not include the 10 land sites mentioned above and new hotel projects that are under planning and awaiting Government approvals.

 

 

 

2007: 51,581 rooms (up 9.5%)

2008: 56,923 rooms (up 10.4%)

 

2009: 60,940 rooms (up 7.1%)

2010: 63,961 rooms (up 5%)

2011: 65,752 rooms (up 2.8%)

2012: 65,919 rooms (up 0.3%)

 

Source of information is based on Hong Kong Tourism Board’s Hotel Supply Situation Report as at June 2008 and it is updated quarterly.

 

Serviced apartments in Hong Kong are not subject to the same stringent licensing procedures and requirements that hotels are, so the recent escalation of serviced apartment openings in the city requires urgent attention. With such a vast range of lower and higher category serviced apartment blocks providing inconsistent quality and operating standards, we need to be concerned about the effect this poses on Hong Kong as a preferred destination for international travelers. 

 

In other cities around the world, clear distinctions apply between licensed hotels and serviced apartments – as they do in Hong Kong.  However, serviced apartment operators taking advantage of possible loopholes in the legal interpretation of the existing legislations are trading into hotel business, defeating the purpose of hotel licensing.

 

In addition, serviced apartments operate on widely different standards to hotels, and they need to improve their products and services to a level that is internationally acceptable and consistent with good inn-keeping practices.  They must also operate within the strict boundaries of selling rooms on 28 day contracts or longer.

 

Our recent meeting with Government on Land Sites for Hotel Development Only confirmed Government’s intentions and commitment to pre-empt serviced apartment operators from infringing on the hotel industry but we also urge the HKTB to take a leading role in addressing this issue too.

 

We welcomed the staging of an Olympic Equestrian event in Hong Kong and we applaud Government’s initiatives to further develop Hong Kong as an international sporting event capital of Asia.   It is Hong Kong’s honor to be given the opportunity to stage an Olympic event, reinforcing Hong Kong’s position as a major destination.

 

Government has indicated that they may be prepared to consider developing and building the new Cruise Terminal after an unsuccessful round of tendering.  The new Cruise Terminal is a piece of very important development to attract the cruise market to Hong Kong and establish a cruise hub in Hong Kong, against vast competition from around the region, for long term visitor prospects.  As the project is now likely to be overdue, we call on Government to expedite their plans and complete the project as soon as possible.

 

The decision by Government to embark on the conservation and revitalization project of the Central Police Station Compound will provide Hong Kong with a historic site of architectural significance to further enhance the heritage attractions of Hong Kong.  It would be a unique experience, encompassing the history, art and culture of Hong Kong.

 

Our collaborations with Tourism Commission during the past year went beyond our usual support of Government initiatives and making representations to Government on a wide range of industry related subjects.  We helped to resolve different issues that required the support and special handling of our industry and the outcome was rewarding.

 

For the first time, the Association was offered a non-recurrent funding of HK$300,000 by Tourism Commission, to be duly matched by the Association for a total sum of HK$600,000 to conduct a series of MICE Education and Training Programs for our industry executives in 2009.

 

The program is designed to increase the understanding of MICE business of our hotel executives and improve their level of specialization, expertise and professionalism in marketing and serving MICE business in Hong Kong.   Professional trainers and industry experts from major MICE cities will be engaged to conduct the program.

 

The Association continues to work well and closely with Hong Kong Tourism Board under their new leadership.  60 member hotels participated in their Summer Temptation promotions during the period of July to mid-September 2008.

 

Meanwhile the participation of our hotel General Managers and sales and marketing teams in their year round road-shows to major markets, with the latest road-show to India participated by over 30 member hotels, proved to be fruitful as well in improving their business in these markets.

 

The Association came up with a number of new initiatives during the past year.

 

The first all women’s culinary team competed in Singapore during Food & Hotel Asia 2008 bringing home Gold.   Sponsored by the Association, all team members were in their twenties and they competed against all men’s teams and more experienced chefs from around the world.

 

The Association will also sponsor a Hong Kong team to compete at the Culinary Olympics in Erfurt, Germany in October 2008.  The team has been put together by The Hong Kong Chefs Association, with whom we have partnered well in the past.  The Association also sponsors the industry’s annual ice carving team to Sapporo, Japan.  This year, they scored runner-up.

 

In May this year, China was struck by major earthquakes in the Sichuan Province that devastated the area and claimed many lives.  The Association, in response to the intensity of the disaster, donated HK$350,000 to Oxfam for deployment to emergency relief works and operations at the earthquake areas.   Our member hotels also donated individually and generously and we are grateful to them for their overwhelming support of China.

 

Being socially and environmentally aware is our growing responsibility and we must be accountable for making changes and improvements that support the environment, and energy conservation and efficiency.  As socially responsible business leaders, our integrity and ethics must never be compromised.

 

 

 

We must actively seek out opportunities to improve employment opportunities and working conditions for our staff while assisting our community in helping those less privileged in the areas we operate.  Technological and quality enhancements in the products and services we provide must also be high on our agenda.

 

The far-reaching consequences of neglecting environmental issues are evident and as a responsible industry, we must lead by example to not only reverse the affects of global warming, but work towards greater sustainability for continued prosperity, whilst creating new excellence in improving our competitiveness and provide greater value for money to take our industry forward.

 

The Association organized a Career Day in Tin Shui Wai at Harbour Plaza Resort City, where 350 vacancies from 16 hotels and hotel groups were offered to qualified applicants.  Preliminary interviews were conducted on site to screen applicants and discuss job opportunities in our industry.   Over 1,000 application forms were distributed and it attracted wide attention in the Tin Shui Wai district.

 

As part of our continuous education program to invite distinguished speakers and educators to address our members, we invited a seasoned professional in Business Strategy, Professor WEE Chow Hou, from Nanyang Business School, Nanyang Technological University in Singapore to speak at our General Managers meetings.  We were privileged to hear his views on the subject of Sun Zi Bingfa or the Chinese Art of War as applied to the hotel business.

 

His lecture on choosing the best points of contact to gain an advantage highlighted areas where our industry can further improve our service quality and competitive edge without having to further invest in new resources.

 

Dr. John Fleming, the writer of the book “Human Sigma” was invited to speak to our members.  In his capacity as the Chief Scientist for Customer Engagement and Principal at the Gallup Organization, his book highlights new thinking in Customer Engagement. 

 

His theories based on years of research using a huge database of findings collected from numerous senior business executives, emphasizes the importance of understanding and applying customer psychology considerations in every customer engagement.

 

Health, Safety and Hygiene is a major priority of our industry.  The Food Safety and Hygiene Task Force of the Association developed a Supplier Audit Scheme.  This scheme consolidates supplier audits that are currently being conducted individually and independently by our member hotels providing much greater efficiencies in time and resources for both our member hotels and suppliers themselves.

 

An independent professional qualified international consulting company is being engaged to conduct these audits in an impartial way and they will also provide the framework of their proposed audit based on input provided to them by our participating member hotels.

 

The Association supported an Eat Smart Campaign organized by the Government Department of Health, Centre for Health Protection.  Twenty-eight of our member hotels participated in the Campaign.   By providing alternative choices in their restaurant menus

 

for healthier food options, we are promoting greater health awareness.  The Campaign aims to deliver the message of cultivating healthy eating habits.

 

The Association also supported a Food Safety Charter organized by the Centre for Food Safety, Food and Environmental Hygiene Department of Government, which highlighted and promoted the 5 Keys to Food Safety.

 

The Association continued to support our joint programme with The Hong Kong Polytechnic University, School of Hotel and Tourism Management.  Now in its 6th year of The Hong Kong Winter School, the programme continues to offer good value to our hotel executives learning from our senior industry members and University Faculty members on a wide range of subjects.  The programme held in January this year covered HR Management, Financial Management and Service Quality Management.

 

Our co-operation with and the support we give to our local Universities and Vocational Training institutions continue to produce good results in attracting qualified young people to join our industry.  Our intake of interns has also continued to benefit potential new talents for our industry.

 

Our industry must continue to improve its image as a preferred employer and attract the large amount of homegrown, talented young people who are interested in working in our hotels.  Retention through the right initiatives, opportunities, training and long-term goals are all key areas we encourage our hotels to work on to secure the talent and offer them fulfilling careers.

 

Safety and security at our hotels have always been our top priority in protecting our guests and staff.  In this regard, we would like to again thank our highly dedicated and efficient police force for providing our industry with their best service at all times.

 

We would like to also commend them for having done a highly professional job in ensuring that Hong Kong had a trouble free Equestrian competition as part of the Beijing Olympics.

 

The Association continued to grow in membership and we welcomed Courtyard by Marriott Hong Kong, W Hong Kong and Hyatt Regency Hong Kong, Sha Tin and Hong Kong SkyCity Marrriott Hotel to our membership.  We now have 101 member hotels and we expect a few more new hotel properties that are due for opening in the near future to join our membership shortly.

 

Mr. Nelson Lee sadly passed away in January this year, after a long illness.  Nelson served the hotel industry in Hong Kong for more than 30 years and he was a member of the Executive Committee of the Association from 2002 to 2007.   His last position was General Manager of the Royal Pacific Hotel and Towers.

 

We were as saddened by the passing away of Mr. Kevin Sinclair in December last year, after a long battle with cancer.  Mr. Sinclair was a faithful and delightful friend of our industry.  Not only did he support us well with his reporting, but his constant passion to better serve the community, our visitors and hotel guests will remain close to our hearts.

 

 

I would like to thank the Executive Committee members for taking the time and effort to guide and counsel the work of the Association and also, our member hotels for supporting the initiatives of the Association and always coming forward to our calls.

 

The Executive Office of the Association has throughout the past year, carefully executed the directives of the Executive Committee and served its members well.  For this, the Executive Director is to be highly commended for his leadership and dedication to the work of the Association and special thanks also go to his staff for their hard work and commitment.

 

We have had many opportunities to co-operate with our partners in the travel industry and Government to resolve a wide range of issues affecting Hong Kong as a destination.  In each of these cases, we supported each other, resolving wider tourism issues collectively and amicably by balancing the interests of different stakeholders and seeking a common position wherever possible.

 

To all the people and organizations that have lent us their support and for those who we have offered our support too, we thank them earnestly for their kindness and understanding of each other’s needs.  We look forward to continuing these trusted relationships and we would like to acknowledge all of them in this message.

 

2009 will be a more challenging year with declining markets and business sentiments.  We know this will affect our corporate travel market segment.  High oil prices will also impact our leisure travelers as air travel becomes more costly and not as attractive.

 

With our industry set to ride on a path of more rapid developments in the next few years as many new hotel properties enter the market, the strength of our industry will continue to lie in our ability to deliver superior service.  This is what differentiates us from the competition around the region.

 

It has been my great honor to serve as Chairman of the Association.  Together with our members, our mission is to serve our industry by continuing to improve our professionalism and raise our service quality standards.   I am confident that this is what our members can and will provide and I can look forward to their commitment and support at all times.

 

 

 

 

 

Mark Lettenbichler

Chairman

Hong Kong Hotels Association

 

September 2008