Asia.Nikkei.com: Japan awaits big wave of Southeast Asian tourists

Asia.Nikkei.com: Japan awaits big wave of Southeast Asian tourists

[Thai tourists find their nirvana at a Buddhist temple in Takayama, Gifu Prefecture, central Japan.]

From Asia.Nikkei.com:

“Thai tourists to Japan topped 1 million in 2018, while their Vietnamese and Filipino counterparts also came over in large numbers. What is even better for Japan’s economy is that many of these travelers ended up in stores, where they were not shy about spending.”

“In the coming years, more Southeast Asian countries will reach a level of economic development that will leave their citizens with enough discretionary income to start indulging their travel fantasies. As more Southeast Asians take to the sky, they will go a long way toward helping Japan reach its goal of boosting the number of foreign tourists to 60 million by 2030.”

Read the full article on Nikkei Asian Review here.

Click here to download the full article.

 

 

Odyssey Asset Management Limited

Odyssey Asset Management Ltd, a sister company to the Odyssey Capital Group, is a Hong Kong SFC 1, 4 & 9 licensed company. The Japanese CRE team is headed up by Christopher A. Aiello, and also includes Alex Walker, Daniel Vovil and Sam Luck.

Odyssey Capital Group Ltd is Asia’s leading international Alternative Asset Manager that provides differentiated and bespoke investment solutions across multiple asset classes, including asset management, real estate, private equity and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest in with its clients.

The Odyssey team comprises over 30 experienced executives, asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors with over 400 years of combined financial and operational experience across the Asia Pacific, Europe and North America.

For more information about the Odyssey Japan Boutique Hospitality Fund, phone or email Daniel Vovil via the contact details listed below.

Daniel Vovil, Co-Founder and President, Odyssey Capital Group
daniel.vovil@odysseycapital-group.com | (852) 9725-5477

Asia.Nikkei.com: Japan awaits big wave of Southeast Asian tourists

Asia.Nikkei.com: Japan awaits big wave of Southeast Asian tourists

[Thai tourists find their nirvana at a Buddhist temple in Takayama, Gifu Prefecture, central Japan]

From Asia.Nikkei.com:

“Thai tourists to Japan topped 1 million in 2018, while their Vietnamese and Filipino counterparts also came over in large numbers. What is even better for Japan’s economy is that many of these travelers ended up in stores, where they were not shy about spending.”

In the coming years, more Southeast Asian countries will reach a level of economic development that will leave their citizens with enough discretionary income to start indulging their travel fantasies. As more Southeast Asians take to the sky, they will go a long way toward helping Japan reach its goal of boosting the number of foreign tourists to 60 million by 2030.”

Read the full article on Nikkei Asian Review here.

 

 

 

Odyssey Asset Management Limited

Odyssey Asset Management Ltd, a sister company to the Odyssey Capital Group, is a Hong Kong SFC 1, 4 & 9 licensed company. The Japanese CRE team is headed up by Christopher A. Aiello, and also includes Alex Walker, Daniel Vovil and Sam Luck.

Odyssey Capital Group Ltd is Asia’s leading international Alternative Asset Manager that provides differentiated and bespoke investment solutions across multiple asset classes, including asset management, real estate, private equity and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest in with its clients.

The Odyssey team comprises over 30 experienced executives, asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors with over 400 years of combined financial and operational experience across the Asia Pacific, Europe and North America.

For more information about the Odyssey Japan Boutique Hospitality Fund, phone or email Daniel Vovil via the contact details listed below.

Daniel Vovil, Co-Founder and President, Odyssey Capital Group
daniel.vovil@odysseycapital-group.com | (852) 9725-5477

Bloomberg.com: Private Equity Firms Eye Opportunity in Japan’s Traditional Hot Baths

Bloomberg.com: Private Equity Firms Eye Opportunity in Japan’s Traditional Hot Baths

[An outdoor bath at Shosenkaku Kagetsu, Yuzawa]

From Bloomberg.com:

“Private equity funds like Softbank-owned Fortrsess Investment Group LLC and Hong Kong-based Odyssey Capital Group are spending billions to tap into the appeal of traditional inns amid a tourism boom that’s ramping up ahead of next year’s Tokyo Olympics. The big funds are moving in as centuries-old spas, many of them still family-run, struggle to find successors in an aging country where small towns and villages are losing young people.”

“ Odyssey, along with two other investors, last year purchased its first Japanese onsen, an inn with 28 tatami-floored guest rooms near the Sea of Japan called Kagetsu, or “flowering moon.” Christopher Aiello, managing director of Odyssey’s Japan real estate business, says the firm plans to spend $500 million in the next three years buying about 20 more traditional Japanese hotels, which are known as ryokan.”

Read the full article on Bloomberg here.

Click here to download the full article.

 

 

 

Odyssey Asset Management Limited

Odyssey Asset Management Ltd, a sister company to the Odyssey Capital Group, is a Hong Kong SFC 1, 4 & 9 licensed company. The Japanese CRE team is headed up by Christopher A. Aiello, and also includes Alex Walker, Daniel Vovil and Sam Luck.

Odyssey Capital Group Ltd is Asia’s leading international Alternative Asset Manager that provides differentiated and bespoke investment solutions across multiple asset classes, including asset management, real estate, private equity and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest in with its clients.

The Odyssey team comprises over 30 experienced executives, asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors with over 400 years of combined financial and operational experience across the Asia Pacific, Europe and North America.

For more information about the Odyssey Japan Boutique Hospitality Fund, phone or email Daniel Vovil via the contact details listed below.

Daniel Vovil, Co-Founder and President, Odyssey Capital Group
daniel.vovil@odysseycapital-group.com | (852) 9725-5477

Odyssey Launches Asia Focused Third Party Fund Distributor – CapConnectAsia

Odyssey Launches Asia Focused Third Party Fund Distributor – CapConnectAsia

CapConnectAsia will seek to connect best-in-class global fund management groups with the increasingly vital pool of Asian capital. The business has been launched to capitalise on the trend that has seen the Asian region capture approximately 45% of global asset management inflows over the past 5 years. It will be led by Barry McAlinden and Dan Vovil and is set to have a presence in Hong Kong, Singapore and Australia. It is set to launch with a number of exciting mandates in the private credit and Asian listed equity space in April.

A division of Odyssey Asset Management Ltd, which is an SFC Type 1, 4 & 9 licensed company, CapConnectAsia’s principals see the division as the natural evolution of prior success Odyssey has had in equity and fund distribution in Asia, including the US$400m target Odyssey Japan Boutique Hospitality Fund, a private equity real estate fund which recently announced its first close. Leveraging their relationships in Asia, the division starts out with an impressive network of and reputation among institutional investors which provides invaluable insight into Asian investor demand for CapConnectAsia’s clients.

CapConnectAsia’s goal is to be the most respected third-party fund distributor in Asia. It will focus on the distribution of differentiated, specialised and alternative strategies across various asset classes, including high alpha listed equity funds. It will also stick to its roots in private equity real estate distribution. The team will seek to partner with best-in-class fund managers with excellent track records and following a rigorous investment process.

CapConnectAsia is founded on the premise that investors in the region are missing out on some of the most innovative and attractive global investment products as existing distribution channels are dominated by the large incumbent players. While the region has become an indispensable source of capital for investment groups, many boutique managers with strong long-term track records have nonetheless found it difficult to access Asia Pacific investors. The business sees itself as the solution to this problem. Vovil commented: “CapConnectAsia offers investment managers unrivalled access to the fragmented Asian marketplace through our pan-regional presence”.

Through establishing long-term relationships with managers, professional execution of marketing campaigns and delivery of AUM growth, CapConnectaAsia aims to become the go-to capital raising choice for the right managers and strategies seeking to access Asia Pacific capital. Their first priority is to be trusted advisors to investors, so the team will partner with managers on a highly selective basis and follow a strict due diligence and risk assessment process before representing a fund or strategy.

McAlinden and Vovil are confident they bring the right mix of experience, energy, integrity and reputation among industry players in the region to become a leader in the fund marketing space. McAlinden commented: “we will strive to be the best truly independent third-party fund distributor in Asia, offering investors, after rigorous risk screening, the most attractive investment offerings globally.” Plans are in place to build out the team further in the very near future. More details on CapConnectAsia’s inaugural fund offerings are expected to be announced imminently.

If you would like further information please contact us on the details below:

Daniel Vovil, President, CapConnectAsia
daniel.vovil@capconnectasia.com | (852) 9725-5477

Barry McAlinden, Managing Director, CapConnectAsia
barry.mcalinden@capconnectasia.com | (852) 9437-4927


CapConnectAsia is a division of Odyssey Asset Management, a Hong Kong SFC 1, 4 & 9 licensed company.

Asia.Nikkei.com: Japan gets more than it bargained for with tourist boom

Asia.Nikkei.com: Japan gets more than it bargained for with tourist boom

[Japanese and International tourists enjoy the Cherry blossoms in Kyoto]

From asia.nikkei.com:

“….In 2018, foreign visitor arrivals jumped 8.7% to 31.19 million from a year earlier. And as Japan sprints toward two major sporting events — the Rugby World Cup from September to November and the Tokyo Summer Olympics next year — the numbers are expected to keep rising. Goals set by Prime Minister Shinzo Abe in 2016 peg foreign tourist arrivals at 40 million in 2020, and 60 million in 2030.

Abe is also working to stimulate domestic tourism, announcing that this year’s annual Golden Week holiday will run from April 27 to May 6. The usual weeklong vacation has been extended to 10 days to celebrate the coronation on May 1 of Crown Prince Naruhito as emperor. Data from JTB, Japan’s leading travel agency, shows the number of residents who are planning to travel domestically during the period is up 1.1% on the year; those with plans to travel abroad are higher by 6.9%.

The surge in foreign visitors to Japan reflects a gradual easing of travel visa requirements since 2013 for countries including Thailand, the Philippines and China; growth in the number of budget airlines in Asia; and a depreciation in the yen, all of which have made Japan one of the most popular destinations in the region….”

See the entire article here.

 

 

 

Odyssey Asset Management Limited

Odyssey Asset Management Ltd, a sister company to the Odyssey Capital Group, is a Hong Kong SFC 1, 4 & 9 licensed company. The Japanese CRE team is headed up by Christopher A. Aiello, and also includes Alex Walker, Daniel Vovil and Sam Luck.

Odyssey Capital Group Ltd is Asia’s leading international Alternative Asset Manager that provides differentiated and bespoke investment solutions across multiple asset classes, including asset management, real estate, private equity and hedge funds. The Firm’s primary focus is to seek out undervalued investment opportunities to co-invest in with its clients.

The Odyssey team comprises over 30 experienced executives, asset managers, lawyers, private bankers, trust & tax planning specialists and experienced investors with over 400 years of combined financial and operational experience across the Asia Pacific, Europe and North America.

For more information about the Odyssey Japan Boutique Hospitality Fund, phone or email Daniel Vovil via the contact details listed below.

Daniel Vovil, Co-Founder and President, Odyssey Capital Group
daniel.vovil@odysseycapital-group.com | (852) 9725-5477

×