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Hospitality marketing leaders energized to convene with MMH students
Tuesday, June 24, 2008
Students meet the IndustryAs part of a series of roundtable events, the Cornell-Nanyang Institute of Hospitality Management paired up with the Hospitality Sales and Marketing Association International (HSMAI) Asia Pacific chapter in Singapore last week to bring together heads of marketing and sales from some of the leading hotel chains and suppliers in Asia Pacific to meet with students of the Masters of Management in Hospitality (MMH) program. It was debatable as to who enjoyed the session more – the industry heads or the students. “I thoroughly enjoyed the day. It is certainly a stimulating balance of components to bring industry into the academic environment and to think of the future as the next generation was also present”, observed Graham Carder, Vice Present of Sales and Marketing - Asia Pacific Division for Hyatt International.

“This is a great opportunity for us to come together as a group of industry professionals to discuss issues with academics”
commented Mark Fong, Vice Present of Marketing and Development - Asia Pacific for the Preferred Hotels Group.

“It was absolutely worth the visit” said Paul Southey, of TravelCLICK, who came from Australia to attend the event. He continued, “The opportunity to be in the room with likeminded leaders in the industry and openly discuss challenges and issues validates your decisions at work, or opens your mind to new aspects”.

Jeanette Ho, Vice-President of Marketing & Sales for Raffles International Limited added “We can be more focused in finding solutions to issues”.

The 2009 intake of MMH students at CNI observed the round table discussion and students are given several opportunities to network with the leaders, who included representatives from UOB Travel Planners, The Ascott Group, Banyan Tree Hotels and Resorts Rendezvous Hotels International, Movenpick and Expedia.

A recent graduate was also given an opportunity to present her research case study about travel agent loyalty programs to the roundtable participants. The students showcase their work through the roundtable sessions in order to exemplify the caliber of their education at CNI to industry heads.
Theodore Koumelis - Tuesday, June 24, 2008
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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