Opening Speech

09:30 - 09:50


Choong-mo Yang


Saemangeum Development and Investment Agency

  • MA. Public Policy, DUKE UNIV., USA
  • MA. Public Administration, SEOUL UNIV.
  • Economics, YEONSE UNIV.
  • AUG. 15, 2020 Administrator Of SDIA
  • JAN, 2020 Deputy Minister For Fiscal Affairs, Ministry Of Economy and Finance (MOEF)
  • OCT, 2018 Director General Of Budget Office, MOEF
  • SEPT, 2017 Director General For Public Institution Policy, MOEF
  • MAR, 2016 Director Of Policy Coordination BUREAU, MOEF
  • OCT, 2014 Senior Administrative Officer, The Presidential Secretariat
  • NOV, 2013 Director General For Planning and Coordination, SDIA
  • APR, 2012 Director Of Cooperatives Act Planning Group
  • MAR, 2008 Director Of Policy Coordination BUREAU, MOEF

Opening Session

09:50 - 10:10

"Korean Hotel Investment Overview"


Daniel Juergen Voellm


HVS Asia Pacific
Managing Partner

Session I

10:10 - 10:40

"Long Stay Apartment, Luxury Residence"

Norman Lim


Area Manager for South Korea

Panel Discussion

11:00 - 11:40

"Domestic Investment Market of Luxury Residence Hotel & Resort"

Andrew Langdon


Senior Vice President Development Asia Accor

Andrew Langdon joined Accor in 2019 as Senior Vice President Development Asia. In this role Andrew supervises thedevelopment functions for all 38 plus Accor hotel brands throughout Asia.

Previously, Andrew was the Global Chief Development Officer of Movenpick Hotels & Resorts, responsible for the group’s hoteldevelopment strategy worldwide. He was directly responsible for the nearly fourfold increase in the hotel development pipeline ofMovenpick. In September 2018 Accor completed the acquisition of Movenpick Hotels & Resorts.

Andrew has a well-established record of accomplishment throughout the Asian region. Over 25 years of diverse propertyexperience, the majority specialising in the hospitality sector, particularly in hotel management, franchise and lease agreements,asset management, capital markets, investment, financing and development.

Prior to joining Accor and Movenpick, Andrew was an Executive Vice President of Jones Lang LaSalle (JLL) Hotels andHospitality Group in Asia. He is a frequent speaker and panelist at industry conferences and universities, and the author ofpublished articles on the hotel and tourism industry.

Mak Hoe Kit



Head, Business Development, Ascott / Managing director, Ascott Serviced Residence Fund 

Mr Mak Hoe Kit joined Ascott in January 2019 as the Managing Director of Ascott Global Serviced Residence Fund, a US$600million serviced residence joint-venture fund with the Qatar Investment Authority to invest in serviced residences globally. Hoe Kit isalso concurrently the Head of Business Development responsible for charting the global growth of the company.

Hoe Kit is nostranger to the company and was the Director & Head of Indochina (Business Development & Asset Management) of The AscottGroup from 2004 to 2006. Mr Mak spent the early part of his career at NatSteel Group, where he fast-tracked from an Executive tothe role of Vice President of Corporate Development within seven years, working on various investments and strategic planningwork across industries from steel, building materials, chemicals, electronics, properties and resorts.

He has held various seniormanagement positions in business development and real estate investment with Pacific Star Group (Senior Vice President), Ernst &Young (Executive Director and Co-Leader (Real Estate)), Northstar Group (Executive Director ? Real Estate) with a focus in Asia,and most recently Frasers Hospitality where he was the Chief Investment Officer responsible for the growth of the hospitalityinvestments and management contracts globally.

Mr Mak is a Chartered Financial Analyst (CFA). He holds a Master of Science inReal Estate and Bachelor of Engineering (Honours) from the National University of Singapore. He is an active volunteer with theCFA Institute

Session II

13:20 - 13:50

"How we can survive after COVID-19"

Peisi Chen



Regional Director of Sales

With over 10 years’ experience in e-commerce, online travel, and revenue management, Peisi is currently the Regional Director ofSales at IDeaS Revenue Solutions, helping owners and hotels in Hong Kong, Macau, Taiwan, Thailand and South Korea establishrevenue management culture and drive better revenue.

Peisi is passionate about big data and technology innovations that drive revenue and profitability with advanced analytics. Shespecializes in business development, driving conversion, online marketing, managing teams, project management and accountmanagement/ optimization.

Peisi joined IDeaS from HRS Hotel Reservation Service, where she worked as the Regional Director of Hotel Solutions, pioneeredthe setup of Asia Pacific office and led a team of 10 to acquire new partnerships and optimize revenue in APAC.

Panel Discussion

11:00 - 11:40

"How we can survive after COVID-19"

Richard Hatter



General Manager | Hotel ICON Chairman, Hong Kong Branch | Institute of Hospitality

If you name your Hotel ICON you can’t afford to hedge yourself regard! This is a name that demands to be lived up to and ICON’sstory is testament to the fact it does. The hotel in the heart of Tsim Sha Tsui, was designed by Terence Conran, Rocco Yim,William Lim, Vivienne Tam, Barney Cheng and Patrick Blanc, but ICON is far more than the sum of its names and design.
This is the world’s first fully integrated teaching hotel facility and an unrivalled showcase for Hong Kong’s culture. From the outset,General Manager Richard Hatter had a creative vision for ICON which is very much in evidence wherever you look. From thedesign elements to the seamless and anticipatory service culture the hotel exudes style and warmth in equal measure.

Starting from the ground upwards in 2009, Richard Hatter and his team spent sixteen months designing and building the ICONbrand from the original brand work that informed the name and the essential essence of the business, to the interior design andmenu briefs, visual identity, and individual development of all three hotel restaurants: Above & Beyond, The Market and Green.Hatter’s vision also drove the human capital service philosophy which encompasses the website, hotel brand book as well as themany, many guest amenities.This was a project where Hatter seamlessly integrated science, business, technology and education with art, culture and commerce.

Since its launch in 2011, ICON has become engrained in the fabric of HongKong city life.

Nick Ong Sing Huat


Robert Wang & Woo LL
Partner, Corporate Department

Nick Ong is a co-founding Partner of the LLP, and Head of the Business Practice Group. He started his legal career as a civillitigator dealing with a wide variety of practice areas such as contractual and shareholder disputes, matrimonial proceedings,insurance, shipping and construction law before finding his passion and niche in corporate and commercial work. In pursuit of hispassion, he joined an SGX-listed group with varied business interests, ranging from property and hotel development andmanagement to hospitality and specialty restaurants as a legal counsel. He worked closely with the various directors andmanagement team on areas such as project development and administration, legal and corporate compliance matters,acquisitions and disposals and special projects.

Since joining the Firm in 2007, he has been actively involved in capital markets and corporate advisory work. Apart from theroutine fund raising exercises such as rights issues and private placements, he has also been involved in cross-border corporatetransactions for acquisitions in fields such as renewable energy, mining and resources, shipping and other types of businessassets. These acquisitions span countries such as Australia, Bolivia, China, Ghana, Malaysia and Indonesia. He recently advisedon an acquisition of 100% of an ASX-listed company with diamond mines located in the Northern Territories, Australia. The dealwas valued in excess of S$70 million.


Benjamin Liao


PATA Hospitality Commitee / Forte Hotel Group
PATA Executive Board and Chairman

Tan Juay Hiang


ST Hospitality Pte Ltd
Senior Advisor

Appointed as Senior Advisor to ST Hospitality Pte Ltd in Sep 2020, ST Hospitality is a coliving space and service apartmentmanager. Mr Tan was the MD Reit Investments, Ascott, from Jan – Jul 2020 and was the CEO of Ascendas Hospitality Trust (A-HTRUST) since 2012 till 2019.

He has led the development of A-HTRUST into a well-diversified trust, under his leadership the portfolio has grown from 10 hotels atIPO to 14 hotels. In 2019, A-HTRUST was merged with Ascott Residence Trust to form the largest hospitality trust in Asia Pacificwith an AUM about S$7.4 Bil.

Juay Hiang has more than 20 years of experience in real estate industry, across different asset classes in various countries acrossAsia Pacific and Europe. He holds a Bachelor of Engineering (Honours) degree from the National University of Singapore and aMaster of Business Administration from Nanyang Business School, Nanyang Technological University.