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158 - Travel & Leisure - Dutch Chamber of Commerce in Hong Kong

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News and Views<br />

Interview with a Chief<br />

Rogier Verhoeven, Executive Director, President<br />

<strong>of</strong> Hospitality Division at Shun Tak Hold<strong>in</strong>gs<br />

Rogier Verhoeven, Executive Director and President <strong>of</strong> the<br />

Hospitality Division at Shun Tak Hold<strong>in</strong>gs talks to us about<br />

Shun Tak’s <strong>in</strong>volvement <strong>in</strong> the hospitality <strong>in</strong>dustry <strong>in</strong> the<br />

Pearl River Delta, the expansion <strong>in</strong>to the Ch<strong>in</strong>a market and<br />

the face <strong>of</strong> tourism <strong>in</strong> Macau.<br />

z By Kristen Beattie<br />

How is Shun Tak <strong>in</strong>volved <strong>in</strong> the hospitality <strong>in</strong>dustry <strong>in</strong><br />

<strong>Hong</strong> <strong>Kong</strong>?<br />

Interest<strong>in</strong>gly our <strong>in</strong>volvement <strong>in</strong> the hospitality <strong>in</strong>dustry <strong>in</strong><br />

<strong>Hong</strong> <strong>Kong</strong> is limited. We own only one property here, namely<br />

the 658-room SkyCity Marriott. However, we were pioneers <strong>in</strong><br />

Macau <strong>in</strong> that we were the very first to br<strong>in</strong>g <strong>in</strong>ternational hotel<br />

brands, <strong>in</strong>clud<strong>in</strong>g the Mandar<strong>in</strong> Oriental and West<strong>in</strong> there. Before<br />

2000, when I started to work with the Group, Shun Tak didn’t<br />

have a Hospitality Services Division. Instead, all efforts were<br />

focused on the Transportation Division (known for its red colored<br />

TurboJet ferries) and real estate <strong>in</strong>vestments. Through these, the<br />

Group’s Board recognized the hospitality <strong>in</strong>dustry’s potential and<br />

aspired to assemble an <strong>in</strong>tegrated tourism portfolio. I was<br />

therefore assigned the task to start the Hospitality Services<br />

Division, ‘STHSL’ to harness that potential.<br />

Today, Shun Tak has become a well-<strong>in</strong>tegrated hospitality<br />

conglomerate led by Ms. Pansy Ho. She is renowned amongst<br />

the tourism <strong>in</strong>dustry both <strong>in</strong> the region, as well as<br />

<strong>in</strong>ternationally. Ms Ho currently serves as a Member <strong>of</strong> the<br />

Macau SAR Tourism Development Committee, an Executive<br />

Committee Member <strong>of</strong> WTTC and Vice-Chairman <strong>of</strong> the<br />

Ch<strong>in</strong>a <strong>Chamber</strong> <strong>of</strong> Tourism.<br />

What is STHSL and who does it serve?<br />

‘STHSL’ stands for Shun Tak Hospitality Services Limited; the<br />

company that regroups Shun Tak’s hospitality ventures. STHSL,<br />

through its subsidiaries, whether beh<strong>in</strong>d the scenes or directly<br />

fac<strong>in</strong>g guests, serves a wide range <strong>of</strong> stakeholders: travelers and<br />

property, as well as Meet<strong>in</strong>g, Incentives, Conventions and<br />

Exhibitions (MICE) venue owners. We own hotel properties and<br />

restaurants, manage MICE venues and own a travel agency<br />

brand. In addition we own a hospitality tra<strong>in</strong><strong>in</strong>g academy <strong>in</strong><br />

Zhongshan, Ch<strong>in</strong>a.<br />

How many MICE events do you organize annually?<br />

Shun Tak manages two MICE venues: The Canton Tower and The<br />

Macau Tower. STHSL has established a solid footpr<strong>in</strong>t <strong>in</strong> the Pearl<br />

River Delta’s corporate scene. In 2011, STHSL served respectable<br />

clients and made significant strides <strong>in</strong> harness<strong>in</strong>g bus<strong>in</strong>ess from<br />

national-level summits and top-notch sports events. Clients<br />

<strong>in</strong>cluded Ch<strong>in</strong>a Mobile Group, GE Medical Service, Toshiba<br />

4<br />

Medical Service and a host <strong>of</strong> <strong>in</strong>ternational luxury brands.<br />

National events <strong>in</strong>cluded the Asia Pacific Economic Cooperation<br />

ABAC <strong>in</strong> February 2011 and the 5th Ch<strong>in</strong>a Cup International<br />

Regatta 2011 “Blue Knight Festival” <strong>in</strong> October.<br />

How many hotels <strong>in</strong> <strong>Hong</strong> <strong>Kong</strong> and Macau does the<br />

Shun Tak Group own major <strong>in</strong>terests <strong>in</strong>?<br />

We own stakes <strong>in</strong> the SkyCity Marriot <strong>Hong</strong> <strong>Kong</strong>, the<br />

Mandar<strong>in</strong> Oriental Macau, the Jumeirah Macau and the West<strong>in</strong><br />

Resort Macau. Ms. Pansy Ho, through her own <strong>in</strong>vestment, is a<br />

partner <strong>of</strong> MGM Macau. Prior to jo<strong>in</strong><strong>in</strong>g Shun Tak, I had also<br />

assisted Pansy to develop MGM’s hotel. MGM and Shun Tak are<br />

separate and operate <strong>in</strong>dependently.<br />

How do you see the Group’s Hospitality Services<br />

Division grow<strong>in</strong>g over the next 5 years?<br />

Proactive expansion <strong>in</strong>to the Ch<strong>in</strong>a market is def<strong>in</strong>itely the focus<br />

<strong>of</strong> growth. Today, Ch<strong>in</strong>a is already the second largest tourism<br />

economy <strong>in</strong> the world and also one <strong>of</strong> the largest dest<strong>in</strong>ation<br />

countries. Opportunities are abound and we are eager to make<br />

our mark here. Tak<strong>in</strong>g up the management role <strong>of</strong> Canton Tower<br />

marks one <strong>of</strong> our first steps <strong>in</strong> that direction. We demonstrated<br />

our hospitality management capabilities through the Shanghai<br />

Expo, we played an important role <strong>in</strong> Macau Pavilion, and have<br />

s<strong>in</strong>ce ga<strong>in</strong>ed good exposure, benefit<strong>in</strong>g from word <strong>of</strong> mouth<br />

publicity, amongst Ma<strong>in</strong>land corporates. We are currently <strong>in</strong><br />

talks with various potential partners who share a similar<br />

bus<strong>in</strong>ess vision - and we believe the potential for our Group is<br />

enormous. Apart from the PRC, Shun Tak is are also openly<br />

seek<strong>in</strong>g potential projects <strong>in</strong> South East Asia, Europe as well as<br />

America – we are constantly on the lookout for opportunities to<br />

strengthen our portfolio and generate synergistic values to our<br />

current network.<br />

Macau<br />

Rogier Verhoeven<br />

What is Shun Tak’s association with the Sociedade de<br />

Turismo e Diversoes de Macau?<br />

The Group owns an effective <strong>in</strong>terest <strong>of</strong> 11.5% <strong>in</strong> STDM, which<br />

<strong>in</strong> turn owns a 55.23% stake <strong>in</strong> Sociedade de Jogos de Macau<br />

(SJM). As Shun Tak is a non-gam<strong>in</strong>g company its association<br />

with STDM is purely that <strong>of</strong> an <strong>in</strong>vestor.

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