Page 75 - MASALA Magazine Vol.15 Issue 5 | June - July 2024
P. 75

Hospitality and real estate are long-term businesses. It’s not about
           Secondly, we’re approaching sustainability from the engineering
            side – we’re pushing hard to make sure we can put more money   posting on TikTok or Instagram, and getting a million subscribers.
           into reducing our carbon footprint through engineering, from solar   Often, the younger generation want something more flexible and
            panels; to irrigation; to implementing the ISO framework, which   an easier take on life – that’s okay, but with hospitality, you’ll need
           ensures that some of our hotels can reduce their carbon footprint. It’s   to build your business from the ground up, like a tree. The payback
           a long journey, but one we’re willing to take. In the F&B side, we   period will take at least 10 years, which is a big investment in time and
            try to get our ingredients directly from farmers and local producers   money. With the current economic landscape and high interest rates,
           as much as we can.                                   the pace of growth will be a lot slower, but more selective. Whatever
                                                               location and brand you put together, you have to be 150 percent sure
           What strategies does ONYX Hospitality Group employ to enhance   that it’s going to work.
            the guest experience across its various properties, including the
           ways it leverages technology to improve operations?  Going forward, I try to ensure that hospitality in Thailand and SE

                                                               Asia is still an attractive industry to be in. If it’s not an attractive
           We have our own application, with which guests can sign in, upgrade,   proposition, I can’t attract talent and media attention, and the brand
           and are given all kinds of services related to the guest experience   value won’t go up.
           based on the brand that we have. Each brand gives a different guest
           experience: Amari is more refined and peaceful; OZO is more   As you mentioned, many in the Thai-Indian community own
           colourful, more lifestyle-related; and more engaged with local practices,   real estate, or are hoping to enter the hospitality industry. Which
            from street art to surfing on the beach. I want to leave room for   elements of your businesses have been particularly attractive to
           creativity for each brand. Every brand needs identity and ownership,   the community, and what opportunities for collaboration do you
           or it won’t have the flair and attractiveness; it’s just hardware with no     foresee?
           real attachment.                                    For one, the Amari brand has a great reputation in the Thai-Indian

           How do you ensure effective leadership and management across   community. But right now, we’d love to focus on the next generation of
           ONYX Hospitality Group’s diverse portfolio of hotels and resorts?  Thai-Indians who own real estate and are thinking of expanding beyond

                                                                full-service hotels. Perhaps they’re considering serviced apartments,
           This was one of the most difficult tasks for me, because you need to   mid-scale hotels, or 3-star hotels with high profitability. Many want to
           really know your people, and ensure discipline across the board. Some   work with overseas brands, but if you don’t have the scale to contribute,
           hotels have had General Managers (GMs) who have been around for   then you become just a number to them. However, ONYX Hospitality
           more than 10 years, or financial controllers who’ve been with us for   Group will always treat our partners like people – we have an owner-
           more than 20 years. Joining the team, it was a culture shock for me   to-owner relationship.
           because while experience can be good, sometimes doing the same
            thing for so long can mean that everyone can get too comfortable,   Are there any exciting new projects or developments in the pipeline
           and they’re not open to change.                       for ONYX that you can share with us?

           I had to force a lot of changes: we rotated all the key management at   We just launched Shama Hub, a studio serviced apartment in
            the property level, and established targets and financial goal posts that   Hong Kong, and next month we will launch another Shama Hub
            they needed to deliver in three years. We built up the team, and as   in Hangzhou and then Amari Colombo in Sri Lanka, and Amari
           we continue growing our portfolio, we’ve handpicked talent for each   Vientiane in Laos. There are a lot of big openings we’re trying to
            property, and created a roadmap for them. Sometimes, Thailand’s   complete this year, and there will be some conversions as well, like
           hospitality industry is so tight-knit, and after being here for so long,    an Amari resort in Bang Saen.
            people’s mindset can become too sabai; too laidback. We’ve really   We’re targeting around THB 5 billion of reinvestment next year. We’re
            set out to challenge our key management and ensure they don’t   also in the process of signing a joint venture with a hotel operator
           become too complacent. We encourage them, after a while as GM,  from Malaysia, to do a project together in Phuket. It’ll be the first
            to either move to the corporate office, or try something new, even   joint venture for us, which is very exciting.
           exploring opportunities outside of ONYX Hospitality Group. However,
           as a medium-sized company, we still retain the personal touch; we   What message would you like to give to the Thai-Indian community,

           recognise all our people and know their names.      including advice for those in the industry?
                                                               We want to ensure that Indian culture is a recognised part of Southeast
           What are the biggest challenges you face in the hospitality sector   Asia – for example, we’ve opened our brand-new NILA restaurant
             today, and what opportunities do you see for growth and expansion?  on the 18th of March, on the 4th floor of Amari Bangkok. This
           A lot of people have or inherit real estate, but they don’t know what   establishment promises an unforgettable culinary journey curated by
            to do with it to generate recurring income – everyone just wants to   Chef Bharath S. Bhat, the esteemed winner of Thailand’s Iron Chef
           build hotels and serviced apartments. My goal is to ensure that the   one-on-one battle chef competition. NILA sets a new standard for
           ONYX Hospitality Group brand portfolio can create opportunities for   Indian cuisine, blending traditional recipes with contemporary flair
           all the real estate developers and landlords who would be interested   to create a truly immersive dining experience, indirectly catering to
            to enter the industry. We’re here on the ground, we know the turf, we   the Thai-Indian community. Additionally, we’re hoping to incorporate
            know the players; we’re not just the new kid on the block.  more Ayurvedic treatments in our spa brands. We’re also working

           We want ONYX Hospitality Group to be one of the top brands in   with one of the best F&B consultants, Soho Hospitality, which is
           Thailand or the region that those who want to enter the hospitality   Thai-Indian owned.

           industry would want to consult and seek advice from. Our portfolio is   As a local player, I believe we can find great synergy with the Thai-
           not going to have 1,000 properties in the next 10 years. At maximum,  Indian community to create something exciting. My advice would
           we’ll maybe have around 70 by 2028, although the target is to move   be, don’t look at us as solely a local brand, we are a regional brand
            to as many as 100 properties. But if they’re the right properties, with   committed to long-term partnerships. We seek owner-to-owner
            the right people, the pressure to manage 100 properties will be the   relationships that are personalised and enduring. In short, don’t be a
            same as managing 10 properties.                     stranger. I’m around, I would love to meet you and get to know more
                                                                people in the Thai-Indian community, and help in whatever way I can.


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