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AccorHotels sees challenges in Asia-Pac expansion

The group faces problems of oversupply of rooms in some cities and an industry-wide management staff crunch, says its Asia-Pacific chairman and CEO Michael Issenberg.

"I think the challenge is in managing the growth. Hotel openings never come in an orderly fashion; they tend to come in clusters once people identify a market opportunity," says Mr Issenberg.

ACCORHOTELS is ramping up its Asia-Pacific presence to capture the region's booming travel demand amid demographic and economic shifts.

However, so are many other hotel groups - and that is causing problems such as an oversupply of hotel rooms in some cities and an industry-wide...

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