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Featured in this Asia Pacific Hospitality Newsletter |
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Investments is all about timing and opportunities - According to 2012 statistics by the World Travel and Tourism Council (WTTC), travel and tourism industry outperformed the global economy and China (seven per cent) was crowned the top 20 largest global economies in terms of performance. China is expected to become the World's most visited country by 2020 based on current United Nations World Tourism Organization's forecasts. Join us in gaining timely market insights NOW!
- China in 2020
Dai Bin, President, China Tourism Academy
- China Tourism Policy in 2013
Liu Xiaojun, Director of Policies and Regulations Department, China National Tourism Administration
- Global and Domestic Economic Review - Crucial for your Business Decisions
Robin Bew, Chief Economist, Economist Intelligence Unit
- Vision and Strategy for Success in a Changing World
Mark Hoplamazian, President & CEO, Hyatt Hotels & Resorts
Click here to register NOW! For detailed conference programme, download brochure here or call +86 (021) 5171 7003 for assistance.
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Archipelago International has launched its new brand, Alana, with the opening of the flagship property in Bali. The Alana Vasanti - Seminyak is located in South Bali and in close proximity to Seminyak Beach. Comprising 4 Presidential and 24 Deluxe Suites, the property also features 93 guestrooms, each complete with its own balcony. Alana is the company's latest upscale designer lifestyle hotel brand and three more properties are currently in the pipeline to be launched in Solo, Yogyakarta and Surabaya.
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Asia's first river-themed wildlife park, River Safari in Singapore, is set to have a soft opening this week. The 12 hectare River Safari will feature exotic wildlife from eight iconic river habitats, including the Mississippi, Nile, Mekong, Yangtze and Amazon rivers. The park will also feature exotic animals such as the Giant Freshwater Stingray, Mekong Giant Catfish, Giant Salamander and the Giant River Otter. Other attractions include the world's largest freshwater aquarium and the Giant Panda Forest, which features two pandas from China, Kai Kai and Jia Jia. |
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Destination Resorts and Hotels (DHR), established by the Malaysian government's investment arm, is in the process of developing the Traders Hotel Puteri Harbour and Little Red Cube. Located in Nusajaya, Johor, Puteri Harbour's latest investments are worth MYR400 million (USD130 million) and are under DHR's investment portfolio. The Traders Hotel Puteri Harbour is set to open in the second quarter of 2013 and will be the first international hotel brand in Nusajaya. Entertainment complex Little Red Cube will be home to the Puteri Harbour Family Theme Park, an indoor theme park comprising of Hello Kitty Town, Little Big Club and LAT's Place. |
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Hong Kong based hotel and serviced apartment operator Ovolo is set to open two hotels in Hong Kong later this year. The property at 64 Wong Chuk Hang Road will be Hong Kong's first warehouse conversion hotel and will feature 162 rooms. The lifestyle hotel will be located in the city's Southside, one of Hong Kong's few remaining manufacturing districts and will be a New York-style warehouse conversion. The group will also open the 85-room property at 100 Shek Pai Wan Road, which will provide guests with views of the harbour at Aberdeen. |
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IHG has confirmed that it will launch its Holiday Inn Express brand in Australia, commencing with a property in Perth. Set to open in 2015, the property will be a AUD35 million (USD37 million) development and will located in the central business district of the city. Located on a 1,308 square metre site, which was purchased for AUD5.05 million in 2007, the property will incorporate a circa 1888 heritage house. With the opening of the Holiday Inn Express, this will be IHG's fourth brand in Australia, after the InterContinental, Crowne Plaza and Holiday Inn. |
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Absolute Share Price Performance, as at 29 March 2013
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Closing Share Price as at |
29 March 2013
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22 March 2013
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% Change |
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Australia Stock Exchange (ASX) |
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Amalgamated Holdings Limited |
8.14
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8.10
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-
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General Property Group |
3.71
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3.75
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-1%
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Mirvac Group |
1.62
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1.63
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-1%
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Bangkok Stock Exchange (THB) |
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Central Plaza Hotel Public Co Ltd |
38.75
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37.00
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5%
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Dusit Thani Public Co Ltd |
59.75
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59.00
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1%
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The Erawan Group Public Co Ltd |
5.80
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5.35
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8%
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Grande Asset Hotels and Property Public Co Ltd |
1.53
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1.38
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11%
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Laguna Resorts & Hotel Public Co Ltd |
35.50
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34.50
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3%
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Minor International Public Co Ltd |
24.30
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23.30
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4%
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China Shanghai Stock Exchange (RMB) |
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Shanghai Jinjiang International Hotels Development |
13.18
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13.49
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-2%
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Beijing Capital Tourism Co Ltd |
13.20
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14.18
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-7%
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Jinling Hotel Corporation Ltd |
7.21
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7.39
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-2%
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China Shenzhen Stock Exchange (RMB) |
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Hunan Huatian Great Hotel Co Ltd |
4.61
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4.64
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-1%
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Guangzhou Dong Fang Hotel Co Ltd |
6.46
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6.70
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-4%
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Shenzhen Century Plaza Hotel Co Ltd |
4.03
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4.20
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-4%
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NASDAQ (US$) |
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China Lodging Group, Limited
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16.46
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16.50
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-
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Home Inns & Hotels Management Inc |
29.79
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29.11
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2%
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Hong Kong Stock Exchange (HK$) |
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Miramar Hotel & Investment Co Ltd |
11.26
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11.34
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-1%
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Regal Hotels International Holdings Ltd |
3.74
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3.69
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1%
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Sino Hotels Holdings Ltd |
2.61
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2.60
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-
-
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The Hong Kong & Shanghai Hotels Ltd |
13.30
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13.36
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-
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Shangri-La Asia Limited |
15.20
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16.54
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-8%
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Dorsett Hospitality International
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2.21
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2.20
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-
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Bombay Stock Exchange (INR) |
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IHCL (Taj Hotels, Resorts & Palaces) |
53.55
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53.55
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-
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EIH (Oberoi Hotels & Resorts) |
55.15
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56.55
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-2%
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Hotel Leela Ventures |
20.15
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20.95
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-4%
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Korea Exchange (KRW) |
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The Shilla |
55,000
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54,000
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2%
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Singapore Stock Exchange (S$) |
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Amara Holdings Ltd |
0.56
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0.51
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10%
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Ascendas Hospitality Trust
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0.91
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0.91
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-
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Ascott Residence Trust |
1.38
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1.36
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1%
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Banyan Tree Holdings Limited |
0.62
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0.62
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-
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CDL Hospitality Trusts
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2.05
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2.00
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2%
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Far East Hospitality Trust
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1.17
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1.13
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4%
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Hotel Grand Central Ltd |
1.07
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1.00
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7%
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Hotel Properties Ltd |
3.29
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3.20
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3%
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Mandarin Oriental International Ltd (US$) |
1.62
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1.67
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-3%
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Pan Pacific Hotels Group Limited |
2.37
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2.37
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-
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Shangri-La Asia Limited (HK$)
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17.52
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17.52
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-
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Stamford Land Corporation Ltd |
0.57
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0.56
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2%
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Taiwan Stock Exchange (NT$) |
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Formosa International Hotels Corporation |
342
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330
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4%
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The Ambassador Hotel, Ltd |
29.35
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29.80
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-2%
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Tokyo Stock Exchange (JPY) |
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Japan Hotel REIT Investment Corp.
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39,350
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35,700
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10%
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Imperial Hotel, Ltd |
3,550
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3,800
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-7%
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Return to Headlines |
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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. |
