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06 September 2013 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Investment opportunity in Maldives
Asia shows signs of weakness - IATA
Changi Airport draws out plan for fifth terminal
Hilton opens Sukhumvit Bangkok
Jetstar Asia adds 17,200 seats
Steiner launches spa index
Tune Hotels opens in Indonesia
Absolute Share Price Performance, as at 06 September 2013
Investment opportunity in Maldives Return to Headlines
A chance to own a resort in the top-rated beach destination in the world, The Maldives. Dazzling guests with its immaculate boundless waterfront, the property is one of its kinds. For further information, please contact Michelle Hui or Andree Susilo at Tel: +65 62934415 or via email: mhui@hvs.com or asusilo@hvs.com.

Asia shows signs of weakness - IATA Return to Headlines

Regionally, the carriers of Asia Pacific reported a 6.3% y-o-y rise in traffic. However, the support for growth at this rate is weakening, says IATA. China's economy reached a plateau, affecting its second quarter figures as it continued to decelerate. This had consequences for trade partners throughout the continent and is expected to affect flight traffic. There are also serious worries for India, amidst the current crisis it is undergoing. IATA has scaled back performance for the year to 4.1% - meaning a significantly more sobering second half of the year.

Changi Airport draws out plan for fifth terminal Return to Headlines

Singapore's Changi Airport has announced plans to build a fifth terminal by mid 2020, capable of handling up to 50 million passengers a year. The mega terminal, which would be bigger than both terminal two and three combined, would be built at Changi East, would dramatically increase the airport's capacity which currently sits at around 66 million passengers a year.

Hilton opens Sukhumvit Bangkok Return to Headlines

Hilton has opened its ninth property in Thailand with the launch of the Hilton Sukhumvit Bangkok. The 280-room hotel has two restaurants, MICE facilities, a rooftop infinity pool and a 24-hour gym. The opening of Hilton Sukhumvit Bangkok reinforces the continued expansion of Hilton Worldwide and further development success of the Hilton Hotels & Resorts brand in Thailand.

Jetstar Asia adds 17,200 seats Return to Headlines

Jetstar Asia has continued the growth of its fleet by adding 18 weekly services/17,200 seats, on flights from Singapore to airports in Indonesia, Cambodia and China. The new services are being possible with the addition of two sharklet-equipped A320s from 27 October. The new aircraft will deliver lower costs and an improved onboard experience for the customers headed to popular destinations in Southeast Asia and beyond.

Steiner launches spa index Return to Headlines

Steiner Spa Consulting develops tool to analyse viability of spas before it has been built. The Steiner Spa Index, is a predictive and free tool that analyses the main factors of hotels that affect spa take-up and compares this to 'industry metrics' through its algorithm. The consultants developed the template using over 200 spa projects. Through the combination and weighting of all these factors, Steiner Spa Index score will ultimately determine whether to go forward with a project.

Tune Hotels opens in Indonesia Return to Headlines

Fast growing budget hotel operator Tune Hotels has opened its latest property in Solo, a region of Central Java. The 159-room hotel is the brand's fifth property in Indonesia after openings in Legian, Bali, Pasar Baru and Pekanbaru. Tune Hotel Solo represents the first hotel in Central Java, a city steeped in history with a fast growing tourism industry as well as a booming middle class offering a huge potential for rapid growth. With four hotels currently operating in Indonesia, further expansion of six more Tune Hotels are scheduled to open over the next 18 months across Indonesia.

Absolute Share Price Performance, as at 06 September 2013
Closing Share Price as at 06 September 2013 30 August 2013 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 8.25 8.02 3%
General Property Group 3.57 3.55 1%
Mirvac Group 1.65 1.64 1%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 30.75 27.50 12%
Dusit Thani Public Co Ltd 55.50 56.75 -2%
The Erawan Group Public Co Ltd 3.90 3.56 10%
Grande Asset Hotels and Property Public Co Ltd 1.04 1.02 2%
Laguna Resorts & Hotel Public Co Ltd 27.00 28.25 -4%
Minor International Public Co Ltd 22.00 21.40 3%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 14.25 14.99 -5%
Beijing Capital Tourism Co Ltd 15.38 14.71 5%
Jinling Hotel Corporation Ltd 6.80 7.11 -4%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 8.83 8.68 2%
Guangzhou Dong Fang Hotel Co Ltd 5.89 5.87 -
Shenzhen Century Plaza Hotel Co Ltd 3.86 3.95 -2%
China Lodging Group, Limited 19.49 19.15 2%
Home Inns & Hotels Management Inc 34.44 33.67 2%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 9.96 9.93 -
Regal Hotels International Holdings Ltd 4.03 3.98 1%
Sino Hotels Holdings Ltd 2.65 2.66 -
The Hong Kong & Shanghai Hotels Ltd 11.96 11.18 7%
Shangri-La Asia Limited 12.18 11.94 2%
Dorsett Hospitality International 1.79 1.77 1%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 46.10 45.00 2%
EIH (Oberoi Hotels & Resorts) 52.90 50.25 5%
Hotel Leela Ventures 15.35 15.35 -
Korea Exchange (KRW)
The Shilla 66,000 67,300 -2%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.52 0.51 2%
Ascendas Hospitality Trust 0.76 0.74 3%
Ascott Residence Trust 1.20 1.20 -
Banyan Tree Holdings Limited 0.68 0.68 -
CDL Hospitality Trusts 1.53 1.56 -2%
Far East Hospitality Trust 0.87 0.87 -
Hotel Grand Central Ltd 1.04 1.03 1%
Hotel Properties Ltd 3.07 2.97 3%
Mandarin Oriental International Ltd (US$) 1.62 1.59 2%
Pan Pacific Hotels Group Limited 2.54 2.54 -
Shangri-La Asia Limited (HK$) 12.10 11.60 4%
Stamford Land Corporation Ltd 0.55 0.54 2%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 338.50 330.50 2%
The Ambassador Hotel, Ltd 28.45 28.80 -1%
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 39,450 38,000 4%
Imperial Hotel, Ltd 3,655 3,315 10%
Return to Headlines
HVS Beijing
Annie Wang
HVS Hong Kong
Daniel Voellm
HVS Guangzhou
Tony Tao
HVS New Delhi
Kaushik Vardharajan
HVS Shanghai
Tan Wei See
HVS Singapore
David Ling
HVS Mumbai
Natwar Nagar
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.

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