New Jersey, U.S., 8th May: The Northstar Travel Group has acquired the hotel investment event portfolio from Burba Hotel Network (BHN), the American Hotel & Lodging Association (AHLA) and other partners, for an undisclosed amount.
BHN organises 10 hospitality investment events and conferences around the world. In Asia, the company owns HICAP, the Hotel Investment Conference Asia Pacific in Hong Kong; HICAP Update in Singapore; and AOCAP, the Alternative Ownership Conference – Asia Pacific in Singapore.
According to Northstar, Jum Burba, founder and president, and Bob Hayes, Vice President of BHN, and their entire team will continue to lead the BHN events under Northstar Travel Group.
Robert Hecker, Managing Director of Horwath HTL, based in Singapore, along with Stiles Capital Events, a co-host of HICAP, said, “We are very pleased to be co-hosting with Northstar Travel Group based on their focus on the global travel industry and their established footprint in Asia with operations in Singapore, Beijing and Shanghai.”