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NEWPORT BEACH, California, USA --- Dates have been set for Asia's pre-eminent hotel investment conference. The 14th annual Hotel Investment Conference Asia Pacific (HICAP) will be held October 8-10, 2003 at the InterContinental Hong Kong.
In relation to the timing of this announcement, HICAP co-chair Robert Hecker of Horwath Asia Pacific stated, "The outbreak of SARS has thrown our region and our hotel industry into its greatest crisis in recent memory, and travel, particularly to Hong Kong and China, remains curtailed. However, after much deliberation with our Steering Committee, we have concluded to forge ahead with HICAP as we believe proceeding at this point in time sends a worthwhile positive message regarding our support and confidence in the industry's recovery from this crisis."
According to HICAP founder Rob Stiles of Sonnenblick-Goldman Company, "We are hopeful that the timing of this year's event will follow on the region's containment of the SARS outbreak and provide a welcome opportunity for industry players and representatives to gather and discuss the market outlook, critical issues and the recovery process. Nevertheless, according to Stiles and Hecker, special arrangements will be made for delegates to cancel or roll over their registration fees without penalty if HICAP were to be postponed due to a continuation of the SARS outbreak in Hong Kong.
Stiles and Hecker also announced that Burba Hotel Network (BHN) again will organize HICAP and will begin the early registration process within the next week. Program details and a list of event sponsors will be announced soon and posted at the conference website: www.BURBA.com/Asia.htm.
Sonnenblick-Goldman Company is the lodging industry's leading independent real estate investment banking firm. Founded in 1893 to serve the financing needs of the real estate industry, Sonnenblick-Goldman Company provides a full range of lodging and real esate financial services, including debt and equity placements, join ventures, investment sales and other real estate advisory services. Headquartered in new York, Sonnenblick-Goldman Company maintains offices in Tokyo, Sydney, Hong Kong and San Francisco.
Horwath Asia Pacific is the regional arm of Horwath International's Hotel, Tourism and Leisure Consulting Group. Since its establishment in 1987, Horwath Asia Pacific has been involved with over 1,000 projects throughout the region in all phases of the property lifecycle for clients ranging from individually held businesses to the world's most prominent hotel companies, developers, lenders, investors and industrial corporations. HAP currently operates out of offices in Singapore, Hong Kong, Beijing, Tokyo, Jakarta, Kuala Lumpur, Sydney, Auckland and Honolulu.
Burba Hotel Network (BHN) brings together nearly two decades of experience in developing and organizing the world's most prominent gatherings of the hotel and tourism investment community, including the Americas Lodging Investment Summit (ALIS) in Los Angeles, the International Hotel Investment Forum (IHIF) in Berlin and the annual Caribbean Hotel and Tourism Investment Conference (CHTIC). The BHN website at www.BURBA.com is the gateway for information about the conferences BHN produces as well as a direct link to important players in the hospitality investment world.
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