|
Featured in this Asia Pacific Hospitality Newsletter |
|
 |
| |
| |
| |
 |
|
Hilton International is planning to increase its brand
presence in India, including the luxury chains of Waldorf
Astoria and Conrad. Hilton International has sought approval
from the Foreign Investment Promotion Board to allow the
company to promote more brands in India such as Doubletree
and Hampton by Hilton, Waldorf Astoria and Conrad. The
company currently operates a joint venture with DLF for four
brands, namely Hilton, Hilton Garden Inn, Hilton Residences
and Homewood Suites. |
|
|
| |
| |
 |
|
Four new hotels, namely the 242-room Best Western Hotel Fino
Sapporo, 145-room Best Western Hotel Fino Oita, 72-room Best
Western Naha Inn and 168-room Best Western Fukuoka Nakasu
Inn, were recently added to the existing Best Western
portfolio of seven hotels in Japan. As Japan is a strategic
location for Best Western, the company is planning to add
two more properties in Osaka and Sapporo by 2010. |
|
| |
| |
 |
|
The Ascott Limited, CapitaLand’s wholly owned serviced
residence business unit, has expanded into Chengdu, China,
with the opening of Somerset Riverview, Chengdu. Located
within the downtown central business district along South
Renmin Road, the 200-key Somerset Riverview, Chengdu was
acquired through the Ascott China Fund. |
|
| |
| |
 |
|
Visitor arrivals to Bali in the first quarter of 2010 grew by
approximately 18% to 555,186 over the same period of 2009.
Arrivals from Australia recorded the highest growth rate of over
68% as compared to the same period of 2009, followed by the
Netherlands and the UK. The significant increase in arrivals
from the Netherlands is attributed mainly to the improvement of
accessibility with the introduction of Amsterdam-Singapore-Bali
flights by KLM Royal Dutch Airlines. |
|
| |
| |
 |
|
Marriott International will introduce its Courtyard by
Marriott brand in Vietnam under a management agreement with
CY - Ham Tan Resort Limited Company. The 200-key property
will be situated along a beachfront site in the area of La
Gi, which is located approximately three hours’ drive along
Vietnam’s southeastern coast from Ho Chi Minh City. The
hotel is expected to open in 2012. |
|
| |
| |
 |
|
Sofitel has extended its presence in southern China with two
recently signed management contracts for Sofitel Haikou and
Sofitel Lianyungang Suning Galaxy, bringing its network of
hotels within China to 25, including two openings in 2010.
The 398-key Sofitel Haikou, under a management contract with
Hainan Tiantuo Investment Exploit Co Ltd and Jinyi Real
Estate Development Co Ltd, is expected to open in 2014.
Scheduled to open in 2013, the 280-key Sofitel Lianyungang
Suning Galaxy will be located on Hai Lan Road in Lianyungang. |
|
| |
|
|
Absolute Share Price Performance, as at
30 April 2010 |
| |
|
Closing Share Price as at |
30 Apr 2010 |
23 Apr 2010 |
% Change |
|
Australia Stock Exchange (ASX) |
|
Amalgamated Holdings Limited |
5.91 |
5.97 |
-1% |
|
General Property Group |
0.59 |
0.58 |
2% |
|
Mirvac Group |
1.41 |
1.47 |
-4% |
|
Ocean Capital Limited |
0.25 |
0.26 |
-4% |
|
Thakral Holdings Group |
0.42 |
0.40 |
6% |
|
Living and Leisure Australia Group |
0.023 |
0.024 |
-4% |
|
Bangkok Stock Exchange (THB) |
|
Central Plaza Hotel Public Co Ltd |
3.84 |
3.76 |
2% |
|
Dusit Thani Public Co Ltd |
27.25 |
27.25 |
– |
|
The Erawan Group Public Co Ltd |
2.16 |
2.16 |
– |
|
Grande Asset Hotels and Property Public Co Ltd |
1.25 |
1.45 |
-14% |
|
Laguna Resorts & Hotel Public Co Ltd |
39.25 |
37.75 |
4% |
|
Minor International Public Co Ltd |
9.50 |
9.55 |
-1% |
|
China Shanghai Stock Exchange (RMB) |
|
Shanghai Jinjiang International Hotels Development |
34.84 |
27.80 |
25% |
|
Beijing Capital Tourism Co Ltd |
20.83 |
24.48 |
-15% |
|
Jinling Hotel Corporation Ltd |
9.23 |
9.93 |
-7% |
|
China Shenzhen Stock Exchange (RMB) |
|
Hunan Huatian Great Hotel Co Ltd |
11.29 |
12.16 |
-7% |
|
Guangzhou Dong Fang Hotel Co Ltd |
9.96 |
10.85 |
-8% |
|
Shenzhen Century Plaza Hotel Co Ltd |
7.05 |
7.26 |
-3% |
|
NASDAQ (US$) |
|
Home Inns & Hotels Management Inc |
34.84 |
35.83 |
-3% |
|
Hong Kong Stock Exchange (HK$) |
|
Miramar Hotel & Investment Co Ltd |
8.02 |
8.01 |
– |
|
Regal Hotels International Holdings Ltd |
2.97 |
3.01 |
-1% |
|
Sino Hotels Holdings Ltd |
2.28 |
2.14 |
7% |
|
The Hong Kong & Shanghai Hotels Ltd |
12.34 |
12.42 |
-1% |
|
Korea Exchange (KRW) |
|
The Shilla |
22,450 |
23,500 |
-4% |
|
Singapore Stock Exchange (S$) |
|
Amara Holdings Ltd |
0.51 |
0.50 |
2% |
|
ART Management Limited |
1.20 |
1.23 |
-2% |
|
Banyan Tree Holdings Limited |
0.81 |
0.74 |
9% |
|
CDL HTrust |
1.93 |
1.83 |
5% |
|
Hotel Grand Central Ltd |
0.86 |
0.84 |
2% |
|
Hotel Properties Ltd |
2.30 |
2.30 |
– |
|
Mandarin Oriental International Ltd (US$) |
1.74 |
1.60 |
9% |
|
Pan Pacific Hotels Group Limited |
1.56 |
1.55 |
1% |
|
Shangri-La Asia Limited (HK$) |
14.80 |
14.54 |
2% |
|
Stamford Land Corporation Ltd |
0.53 |
0.55 |
-4% |
|
Taiwan Stock Exchange (NT$) |
|
Formosa International Hotels Corporation |
371 |
382 |
-3% |
|
The Ambassador Hotel, Ltd |
34.80 |
35.45 |
-2% |
|
Tokyo Stock Exchange (JPY) |
|
Nippon Hotel Fund Investment Corporation |
202,000 |
178,800 |
13% |
|
Japan Hotel and Resort Inc |
184,000 |
176,600 |
4% |
|
Imperial Hotel, Ltd |
1,931 |
1,900 |
2% |
|
| |
|
Return to Headlines |
| |
|
| |
Subscription Information:
You are currently subscribed as $subst('Recip.EmailAddr') to receive
emails from our HVS list. You are receiving this email because you have
contacted us through our website or through other means. To unsubscribe from
future mailings to this list, please send a blank email to:
$subst('Email.UnSub').
If you would like to change your preferred email format, change your
subscribed email address, or have any comments or suggestions, please
contact us at: [email protected].
You can also contact us by phone or regular mail:
HVS
Joan Raffetto
369 Willis Avenue
Mineola, NY 11501
Tel: +1 (516) 248-8828 ext. 231
|
|
| |
|
Disclaimer: Information provided above has been gathered
from various market sources. HVS has not independently verified the
accuracy of the information provided. Interested parties should not
rely on the information as statement of facts and are advised to
make their own independent checks to verify the information
provided. For further information, please feel free to contact
HVS Singapore. |