logo
Laurent A. Voivenel at THINC Middle East: AI and digital transformation are reshaping asset management in hospitality

Laurent A. Voivenel at THINC Middle East: AI and digital transformation are reshaping asset management in hospitality

Zawya21-02-2025

Laurent A. Voivenel, Senior Vice President – Operations & Development, EMEAI; Senior Vice President – Group Human Resources & Talent Development at Swiss-Belhotel International, participated in a compelling panel discussion at THINC Middle East, addressing the topic ' Asset Managing Brands: International vs. Domestic.' Moderated by Tatiana Veller, Managing Director of Stirling Hospitality Advisors, the session brought together some of the region's most dynamic hospitality leaders.
As a key speaker on the panel, Laurent A. Voivenel highlighted the critical role of international brands in maintaining high operational standards, leveraging global distribution networks, and optimising revenue streams. He emphasised that while domestic brands bring agility and local market knowledge, international brands such as Swiss-Belhotel International offer a structured approach, strong brand equity, and cutting-edge digital integration, ensuring sustained growth and profitability for owners.
Laurent also addressed the transformational shift in asset management, pointing out that the role of asset managers has evolved beyond traditional FF&E oversight to include digital transformation, AI-driven revenue optimisation, and cost control strategies. He highlighted that today's asset managers are more involved than ever in evaluating distribution channels, pricing models, and technology adoption, ensuring data-driven decision-making that enhances operational efficiency and long-term asset value.
With asset managers demanding more transparency and real-time performance tracking, Laurent noted that the relationship between asset managers and operators has fundamentally changed. Owners are now seeking more than just operational efficiency - they expect strategic insights and measurable results. Swiss-Belhotel International is actively engaging with asset managers to integrate advanced digital solutions, ensuring each property remains competitive while exceeding guest expectations.
As part of the closing discussion, Laurent shared his vision for the future of asset management, emphasising a greater emphasis on AI-driven analytics, cost-efficient revenue strategies, and sustainable investment in human capital. He stressed the importance of balancing financial performance with exceptional guest experiences, ensuring long-term success in an increasingly competitive hospitality market.
About Swiss-Belhotel International
Founded in 1987 and headquartered in Hong Kong, Swiss-Belhotel International is recognized as one of the world's fastest-growing hotel management groups. With 150+ hotels and projects in 20 countries, Swiss-Belhotel International provides professional and expert management services for hotels, resorts and serviced residences. The Group's distinct blend of Swiss hospitality and Asian-inspired service sets them apart. Each property carries the Swiss-Belhotel International hallmark, symbolizing quality and commitment to value. This dedication echoes their philosophy of 'Passion and Professionalism™'.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

UAE, Switzerland hold sixth round of political consultations
UAE, Switzerland hold sixth round of political consultations

Al Etihad

time3 hours ago

  • Al Etihad

UAE, Switzerland hold sixth round of political consultations

3 June 2025 16:56 ABU DHABI (WAM)The UAE and the Swiss Confederation held the sixth round of political consultations in Abu session was co-chaired by Lana Zaki Nusseibeh, UAE Assistant Minister for Political Affairs, and Monika Schmutz Kirgöz, Assistant State Secretary for Middle East and North consultations were a substantive and productive opportunity to highlight the continuous development and strength of the UAE-Switzerland bilateral sides shared current achievements and reaffirmed their commitment to further deepening ties across a range of sectors including enterprise, science and technology, artificial intelligence, renewable energy, water, healthcare, and people-to-people particular focus were ways of accelerating trade and investment promotion. In this regard, the two sides welcomed the remarkable growth in non-oil bilateral trade, which increased by more than 40% in UAE and Switzerland also discussed how to unlock the promise and commercial potential of artificial intelligence, while ensuring the ethical, secure, and responsible development of this countries highlighted their support for international institutions, including the UN, in providing mediation, humanitarian assistance, development support, and peacekeeping, among others. They emphasised the importance of upholding international humanitarian law and discussed their efforts to this sides also discussed their cooperation to ensure the 2026 Water Conference, co-hosted by the UAE and Senegal, delivers tangible both sides held an in-depth review of regional and international developments, including the situation in the Middle East and North Africa, as well as in Europe, with a focus on promoting dialogue, de-escalation and diplomatic also reviewed the damaging impact that extremism and hate speech have on communities in all parts of the world, including Europe and the Middle East, and they discussed ways of countering those who promote such harmful consultations were attended by Omran Sharaf, UAE Assistant Minister of Advanced Science and Technology, and Dr. Hessa Abdullah Al Otaiba, UAE Ambassador to the Swiss Confederation. From the Swiss side, Arthur Mattli, Ambassador of Switzerland to the UAE.

Most global markets rise as traders eye possible Trump-Xi talks
Most global markets rise as traders eye possible Trump-Xi talks

Al Etihad

time8 hours ago

  • Al Etihad

Most global markets rise as traders eye possible Trump-Xi talks

3 June 2025 11:50 HONG KONG (AFP)Most markets rose Tuesday as investors kept tabs on developments in the China-US trade war as speculation swirled that the countries' leaders will hold talks a period of relative calm on tariffs, Donald Trump at the weekend accused Beijing of violating last month's deal to slash huge tit-for-tat levies, and threatened to double tolls on steel and moves jolted Asian markets on Monday, but hopes that the US president will speak with Chinese counterpart Xi Jinping -- possibly this week -- has given investors some hope for a positive oil prices extended Monday's surge on a weak has expressed confidence that a talk with Xi could ease trade tensions."They violated a big part of the agreement we made," he said Friday. "But I'm sure that I'll speak to President Xi, and hopefully we'll work that out."The US president's economic adviser Kevin Hassett signalled on Sunday that officials were anticipating something this week. US Treasury Secretary Scott Bessent said at the weekend the leaders could speak "very soon".Officials from both sides are set for talks on the sidelines of an Organisation for Economic Co-operation and Development ministerial meeting in Paris on of the gathering, the OECD said it had slashed its 2025 growth outlook for the global economy to 2.9 percent from 3.1 percent previously expected. It also said the US economy would expand 1.6 percent, from an earlier estimate of 2.2 there has been no movement on the issue, investors in most Asian markets took the opportunity on Tuesday to pick up recently sold shares. Hong Kong gained more than one percent, while Shanghai returned from a long weekend with gains, even as a private survey showed Chinese factory activity shrinking at its fastest pace since September 2022. There were also gains in Sydney, Bangkok, Jakarta and Manila, while London, Paris and Frankfurt opened higher. Tokyo, Singapore, Wellington and Mumbai retreated. Seoul was closed for a presidential election. The advances followed a positive day on Wall Street led by tech giants in the wake of a forecast-beating earnings report from chip titan US Commerce Secretary Howard Lutnick on Monday voiced optimism for a trade deal with India "in the not too distant future", adding that he was "very optimistic".And Japanese trade point man Ryosei Akazawa is eyeing another trip to Washington for more negotiations amid speculation of a deal as early as this month. Also in focus is Trump's signature "big, beautiful bill" that is headlined by tax cuts slated to add up to $3 trillion to the nation's debt.

US aluminium, steel prices jump, shares drop on Trump's new tariffs
US aluminium, steel prices jump, shares drop on Trump's new tariffs

Al Etihad

timea day ago

  • Al Etihad

US aluminium, steel prices jump, shares drop on Trump's new tariffs

2 June 2025 16:46 LONDON/SEOUL/SINGAPORE (Reuters) US prices of steel and aluminium spiked on Monday while shares of foreign steelmakers slumped after US President Donald Trump said he would double tariffs on imports of the two metals to 50%. Trump announced on Friday the new steel and aluminium levies, which take effect on June 4, intensifying a global trade war. The US is the world's largest steel importer, excluding the European Union, with a total of 26.2 million tons of steel imported in 2024, according to the Department of some industry experts questioned whether the tariffs will be implemented as stated, in light of Trump's earlier reversals, they said uncertainty and climbing prices of the metals would dampen industrial activity."Higher prices are also likely to weigh further on US steel demand from the manufacturing sector, which we already expect to contract this year," said analyst Eoin Dinsmore at Goldman premium for consumers buying aluminium on the physical market in the United States jumped 54% while US hot rolled coil steel climbed by 5%.Germany's second-biggest steelmaker Salzgitter warned that Washington's tariff policy was dealing a severe blow to European United States accounted for around a fifth of European steel exports outside of the EU, according to Germany's steel were sceptical about whether the full force of the tariffs as announced on Friday would come into the tariff shift was applauded by US aluminium producers, who said the move would stop a "flood" of imports."For decades, subsidized foreign producers have hollowed out domestic aluminum manufacturing," said Mark Duffy, president of the American Primary Aluminum of US steelmakers climbed in premarket trade, with Nucor, Cleveland-Cliffs and Steel Dynamics surging between 14% and 26%. ASIAN STEEL SHARES SLIDE Shares of steelmakers eroded in South Korea, which was the fourth-biggest exporter of steel to the United States last year, behind Canada, Mexico and Brazil, according to American Iron and Steel Institute Korea's Industry Ministry said in a statement that it had held an emergency meeting with officials from the country's major steelmakers, including POSCO and Hyundai Steel . Shares of South Korean steelmakers POSCO and Hyundai Steel fell 3% and SeAH Steel Corp tumbled 8%.In Vietnam, steel companies Hoa Sen Group, Nam Kim Steel and Vietnam Steel Corp skidded from 2.7% to 3.4%.The 50% tariffs will add to the challenges facing Korean steel exporters, which have refrained from sharply boosting exports to the US to avoid Washington's scrutiny, despite rising US steel prices, an industry executive told and aluminium tariffs were among the earliest Trump imposed when he returned to office in January. The tariffs of 25% on most steel and aluminium imported to the US went into effect on March 12. TRADE TALKS South Korea, a major US ally, has called for an exemption from tariffs on steel, autos and others items, during talks with the United States. Seoul agreed in late April to craft a trade package by the end of the 90-day pause on Trump's reciprocal tariffs in July, but it has been difficult for negotiators to make big decisions due to a political leadership vacuum ahead of elections on late March, Hyundai Steel announced a plan to build a $5.8 billion factory in Louisiana in response to US tariffs, but the factory will not open until 2029. In April, Hyundai Steel's bigger rival POSCO signed a preliminary deal to make an equity investment in the factory India, which relies heavily on the US for aluminium exports, industry experts also warned of a major hit."This is going to have a detrimental impact," BK Bhatia, director-general at the Federation of Indian Mineral Industries, the country's leading mining body, told Reuters. "The US is the biggest market for Indian aluminium. Government has been negotiating so we are hopeful that with talks, the tariffs will come down."

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store