Hok Yean CHEE

Consulting Experience

Hok Yean CHEE is President of HVS Asia Pacific. She has 30 years of experience in more than 30 markets across 19 countries in Asia Pacific and has provided real estate investment advisory services for a wide spectrum of property assets. Her forte lies in providing investment advisory on hotels and serviced apartments including brokerage, strategic analyses, operator search, market feasibility studies, valuations, and litigation support.

Hok holds a bachelor’s degree from the National University of Singapore and a Certification in Real Estate, Development, and Hotel Investment from Cornell University.

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HVS is the nation's leading consulting firm that is laser-focused on the hospitality sector. The firm provides expertise through every phase of ownership across a wide range of hospitality assets. We help clients succeed in the complex consulting arena, from feasibility studies to exit strategies and everything in between.

My Articles

In Focus: Singapore

HVS publication In Focus Singapore 2022 provides an overview of Singapore’s economic outlook, infrastructure development, tourism landscape and hotel market performance, hotel transactions and investment in 2021, integrated resorts overview, COVID-19 situation and outlook.

• March 29, 2022 By Hok Yean CHEE

• Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Travel & Tourism , Economic Trends and Cycles , Thailand , India , Asia , Australia , China, mainland , Japan , South Korea , Vietnam , Indonesia , Hong Kong

2020: Hotel Valuation Index Asia Pacific

The Hotel Valuation Index analyses economic as well as hotel-market specific demand and supply dynamics to derive indicative values and future growth trends for the top 15 hotel markets in 8 countries in the Asia Pacific Region.

• November 23, 2021 By Chariss Kok Xin , Hok Yean CHEE , Peggy Lee

• Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Asia , Asia , Philippines , Maldives , Singapore , Indonesia , Thailand , Vietnam , Malaysia , Australia , Japan , China, mainland , Hong Kong , Taiwan (Republic of China) , South Korea

Hotel Operators and Serviced Residences Operators At a Glance

Hotel Operators and Serviced Residences Operators at A Glance captures the top five international and regional operators, as well as the top ten international and regional brands by tiers: Luxury, Upscale, Midscale and Economy. This publication features approximately 1.4 million existing rooms and more than 830,000 pipeline rooms spread over 11,916 properties for 55 operators and 296 hotel brands across the Asia Pacific Region.

• November 14, 2021 By Hok Yean CHEE

In Focus: Maldives

In Focus: Maldives 2021 provides an overview of Maldives' tourism landscape and hotel market performance, infrastructure development, workation, long-stay tourism, guest house culture, hotel transactions and investment in 2020, COVID-19 situation, outlook and crisis management.

• August 13, 2021 By Chariss Kok Xin , Hok Yean CHEE , Peggy Lee

• Hotel Investments & Ownership , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles , Maldives

Market Snapshot: Asia Pacific 2021

The Market Snapshot: Asia Pacific 2021 highlights an overview of transaction activity in the region and presents 26 cities’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.

• June 7, 2021 By Hok Yean CHEE

• Hotel Investments & Ownership , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles , Sydney NSW , Melbourne VIC , Phuket , Bangkok , Maldives , New Delhi , Mumbai , Bengaluru , Jakarta , Manila , Hong Kong , Tokyo , Osaka , Seoul , Incheon , Ho Chi Minh , Hanoi , Shanghai , Beijing , Langkawi , Kuala Lumpur , Singapore , Colombo , Auckland , Myanmar , Taipei , Bali

Virtual Tourism Sentiment Survey Response

The COVID-19 pandemic has accelerated the technology and virtual reality scene in every industry, including travel and tourism. With border restrictions in place, many are not able to travel. Hence, tour companies have introduced online travel experiences to showcase a destination, culture, event, various classes and many more. Is virtual travel the new way to travel? Will virtual travel replace the need for physical travel altogether?

• May 20, 2021 By Chariss Kok Xin , Hok Yean CHEE , Peggy Lee

• Travel & Tourism , COVID-19 , Asia , Asia

In Focus: Singapore

In Focus: Singapore 2021 provides an overview of Singapore’s tourism landscape and hotel market performance, infrastructure developments, hotel transactions and investment in 2020, covid-19 situation, outlook and crisis management.

• April 15, 2021 By Chariss Kok Xin , Hok Yean CHEE , Peggy Lee

• Hotel Investments & Ownership , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles , Singapore

HVS: COVID-19 Impact on Hotels in Asia Pacific

While the pandemic is anticipated to prolong, hotels should start to draw up plans in preparation for a recovery. In the meanwhile, it is the perfect time to relook into operational strategies, cost-saving initiatives, refurbishment, marketing distribution channels, staff training and technology upgrade.

• May 5, 2020 By Hok Yean CHEE , Chariss Kok Xin , Peggy Lee

• Hotel Investments & Ownership , Hotel Operations , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Asia

Asia Pacific Hotel Industry Sentiment Survey Response (COVID-19)

The purpose of the questionnaire is to gather responses on the impact of COVID-19 including the measures taken during COVID-19 and in preparation for post COVID-19 in the hospitality industry across Asia Pacific.

• May 5, 2020 By Hok Yean CHEE , Chariss Kok Xin , Peggy Lee

• Hotel Operations , Travel & Tourism , Economic Trends and Cycles , COVID-19 , Asia

In Focus: Singapore, Revitalising and Repurposing Hotels

In Focus: Singapore 2020 provides an overview of Singapore’s tourism landscape and hotel market performance, infrastructure development, revitalising and repurposing hotels, hotel transactions and investment in 2019, outlook and crisis management.

• April 2, 2020 By Chariss Kok Xin , Jens Busch , Hok Yean CHEE

• Hotel Investments & Ownership , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles , Singapore , Singapore , Singapore

Market Snapshot: Asia Pacific 2019

The Market Snapshot: Asia Pacific 2019 highlights an overview of transaction activity in the region and presents 12 countries’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.

• November 8, 2019 By Hok Yean CHEE

• Hotel Investments & Ownership , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles , Australia , India , Sri Lanka , Philippines , Maldives , Singapore , New Zealand , Japan , Myanmar , Indonesia , Malaysia , Australia , Asia

In Focus: Vietnam, Discover the Boundless Allure of the Land of Rising Dragon

In Focus: Vietnam 2019 provides an overview of Vietnam’s ten leading provinces' tourism landscape and hotel market performance, infrastructure development, hotel transactions and investment in 2018 and outlook.

• October 18, 2019 By Chariss Kok Xin , Hok Yean CHEE

In Focus: Singapore, The Reinvention of Co-Living

In Focus: Singapore 2019 provides an overview of Singapore’s tourism landscape and hotel market performance, infrastructure development, reinvention of co-living, hotel transactions and investment in 2018 and outlook.

• March 22, 2019 By Chariss Kok Xin , Hok Yean CHEE , Chloe Pang

• Hotel Investments & Ownership , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles , Singapore , Singapore

Market Snapshot: Asia Pacific 2018

The Market Snapshot: Asia Pacific 2018 highlights an overview of transaction activity in the region and presents 16 markets’ current hospitality landscape; each covering demand and supply dynamics, hotel performances, and key transactions.

• November 7, 2018 By Hok Yean CHEE , Ho Mei Leng

• Hotel Investments & Ownership , Valuations & Market Studies , Travel & Tourism , Brokerage & Transactions , Economic Trends and Cycles , Philippines , Thailand , Maldives , Singapore , New Zealand , Japan , Myanmar , Indonesia , Malaysia , Australia , Bangkok , Cambodia , Asia , China, mainland , Hong Kong , Taiwan (Republic of China)

HVS (Asia Pacific – Select Markets) Hotel Valuation Index 2018

The Hotel Valuation Index analyses economic as well as hotel-market specific demand and supply dynamics to derive indicative values and future growth trends for the top 25 hotel markets in 12 countries in the Asia Pacific region.

• October 29, 2018 By Hok Yean CHEE , Ho Mei Leng

• Hotel Investments & Ownership , Development & Construction , Valuations & Market Studies , Brokerage & Transactions , Resorts , Asia , Philippines , Maldives , Singapore , Indonesia , Cambodia , Thailand , Vietnam , Malaysia , Australia , Japan , China, mainland , Hong Kong , Taiwan (Republic of China) , South Korea