With the rapid rollup of brands and proliferation of new ones in hospitality, it's often assumed mistakenly, particularly by Western hotel executives, that brands can easily play in markets across the world. Pop up a hot brand, and they will come, right? Wrong. Asia Editor Raini Hamdi offers an excellent case study today on the difficulties of expanding into new regions, focusing on the struggles of U.S. and European hotel brands to make it in Asia. She looks, in particular, at some of the challenges that have faced New York-based Dream Hotel Group in Thailand. The key, sources tell Hamdi, is discipline — not to be rash or rushed. Without it, there is no chance for "pixie dust" in Asia, one investment executive told her.
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