Hotel Online Special Report PKF Consulting in U.S. Maintains Its Asia Hospitality Consulting Practice, Based in Singapore; Adds Bangkok Trends Report San Francisco. July 27, 1999. PKF Consulting, the U.S.-based hospitality and real estate consulting firm, maintains its consulting practice in Asia, recently adding Bangkok as another Asian city covered in its monthly Trends in the Hotel Industry report, according to Gary Carr, Ph.D., Director of Communications for San Francisco-based PKF Consulting.
A recent report in the press that PKF Consulting has sold its Asia practice to PricewaterhouseCoopers has caused some confusion, according to Carr. The entity sold to PWC was a division of the Pannell Kerr Forster accounting practice in Hong Kong, which also had a consulting office in Singapore, Carr explained.
There is no tie between the Hong Kong consulting practice sold by Pannell Kerr Forster and either (a) U.S.-based PKF Consulting, headquartered in San Francisco, or (b) the U. S. firm’s Asia consulting practice, Hospitality Asset Advisors, Pte Ltd, based in Singapore.
“The confusion probably arose because both the U.S.-based PKF Consulting firm and the Hong Kong accounting practice are members of London-based Pannell Kerr Forster International, a confederation of accounting and consulting firms,” Carr suggested.
“The key issue, as far as we are concerned, is that our U.S. firm continues to practice in Asia through Hospitality Asset Advisors, Pte Ltd,” said Patrick Quek, President and CEO of PKF Consulting.
“Our clients in North America and Asia understand and appreciate the Pan-Pacific reach we are able to bring to their global strategies, along with a full range of diversified services,” Carr said.
Contact: Gary Carr PKF Consulting 425 California Street, Suite 1650 San Francisco, CA 94104 Ph: (415) 421-5378 FAX: (415) 956-7708 [email protected] Also See: Current State of Asian Hotel Industry Findings Presented at NYU International Hospitality Industry Investment Conference / June 1999 Arizona Lodging Insights / Year End 1998 / Warnick & Co. / April 1999