HVS Website
6 June 2014 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Accor to rebrand Sentosa Hotel in Singapore
Hyatt to manage new hotel in Manila
Banyan Tree Group unveils new brand Cassia
Mandarin Oriental Manila to relocate
Centara Ceysands Resort and Spa, Sri Lanka opens
Mantra Group announces IPO
Absolute Share Price Performance, as at 6 June 2014
Accor to rebrand Sentosa Hotel in Singapore Return to Headlines
The Singapore Resort & Spa Sentosa, managed by Accor, will be unveiled as Sofitel Singapore Sentosa Resort & Spa in the second half of 2015. The hotel is currently undergoing a full refurbishment that will cover all accommodation, public areas, the Spa, conference rooms, landscaping and back-of-house areas. The property will feature 215-guestrooms and villas.

Hyatt to manage new hotel in Manila Return to Headlines

Hyatt City of Dreams Manila is expected to open in 2014 and will feature 365 guestrooms in two hotel towers. The hotel is located in the gateway of Entertainment City overlooking the Manila Bay area and will provide guests access to a family entertainment centre, a live performance lounge and a nightclub. The hotel will offer two food and beverage outlets, a fitness centre and outdoor swimming pool.

Banyan Tree Group unveils new brand Cassia Return to Headlines

Singapore based Banyan Tree Group has launched the third brand in its portfolio, Cassia, which lies in a niche sector between hotels and serviced apartments. Seeking to expand globally, the group has a target of 66 hotels and resorts, with more than 100 spas and galleries across 33 countries by 2017. Five projects are being developed in China, Australia, Sri Lanka, Indonesia and Thailand. An additional seven projects are being planned in Brisbane, New York, Japan, Seychelles, Chiang Mai, Bangkok and Vietnam.

Mandarin Oriental Manila to relocate Return to Headlines

Mandarin Oriental Hotel Group has signed a management contract for a new 275-room hotel which is part of a mixed-use development centrally located within Makati City. The new hotel is scheduled to open in 2020. The new Mandarin Oriental Manila will feature a variety of food and beverage options and a signature spa. It is being developed by Ayalaland Hotels & Resorts. The existing Mandarin Oriental, Manila on Makati Avenue is expected to close later this year.

Centara Ceysands Resort and Spa, Sri Lanka opens Return to Headlines

Centara Hotels & Resorts recently held the grand opening of its newest resort at Sri Lanka’s Bentota peninsula. The resort has 165 rooms and suites, featuring views across the Bentota River or the Indian Ocean. The resort also features multiple dining options, a spa featuring Sri Lankan and Indian treatments and versatile event spaces that is supported by state of the art audiovisual equipment and facilities that can accommodate a wide variety of functions and meetings.

Mantra Group announces IPO Return to Headlines

Mantra Group Limited has announced a fully underwritten Initial Public Offering that will provide Mantra Group with access to capital markets, giving the company the flexibility to pursue further growth opportunities. Mantra Group is a leading Australian acoommodation operator with 113 properties and over 11,600 rooms in hotels, resorts and serviced apartments across Australasia and Indonesia.

Absolute Share Price Performance, as at 6 June 2014
Closing Share Price as at 6 June 2014 30 May 2014 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 8.90 9.59 -7%
General Property Group 3.95 3.90 1%
Mirvac Group 1.86 1.81 2%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 33.50 32.25 4%
Dusit Thani Public Co Ltd 57.75 57.50 -
The Erawan Group Public Co Ltd 4.22 4.34 -3%
Grande Asset Hotels and Property Public Co Ltd 1.66 1.64 1%
Laguna Resorts & Hotel Public Co Ltd 31.00 30.50 2%
Minor International Public Co Ltd 26.50 26.00 2%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 16.02 16.02 -
BTG Hotels Group Co Ltd 15.25 15.15 1%
Jinling Hotel Corporation Ltd 9.83 9.47 4%
China Shenzhen Stock Exchange (RMB)
Huatian Hotel Group Co.,Ltd. 5.22 - -
Guangzhou Dong Fang Hotel Co Ltd 7.12 6.96 2%
Shenzhen Century Plaza Hotel Co Ltd 4.29 4.18 3%
Huazhu Hotels Group Ltd 24.88 25.10 -1%
Home Inns & Hotels Management Inc 30.64 31.51 -3%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 9.82 10.40 -6%
Regal Hotels International Holdings Ltd 4.64 4.74 -2%
Sino Hotels Holdings Ltd 2.60 2.59 -
The Hong Kong & Shanghai Hotels Ltd 11.10 11.32 -2%
Shangri-La Asia Limited 12.36 12.16 2%
Dorsett Hospitality International 1.33 1.33 -
National Stock Exchange
IHCL (Taj Hotels, Resorts & Palaces) 96.75 89.55 8%
EIH (Oberoi Hotels & Resorts) 98.55 80.45 22%
Hotel Leela Ventures 27.95 23.60 18%
Korea Exchange (KRW)
The Shilla 93,000 92,500 1%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.58 0.60 -3%
Ascendas Hospitality Trust 0.75 0.75 -
Ascott Residence Trust 1.24 1.23 1%
Banyan Tree Holdings Limited 0.65 0.65 -
CDL Hospitality Trusts 1.74 1.74 -
Far Far East Hospitality Trust 0.88 0.89 -1%
Hotel Grand Central Ltd 1.20 1.19 1%
Hotel Properties Ltd 4.05 4.05 -
Mandarin Oriental International Ltd (US$) 1.84 1.85 -1%
OUE Hospitality Trust 0.88 0.88 -
Shangri-La Asia Limited (HK$) 12.22 12.40 -1%
Stamford Land Corporation Ltd 0.64 0.64 -
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 351.50 353.50 -1%
The Ambassador Hotel, Ltd 27.75 27.55 1%
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 51,000 47,450 7%
Imperial Hotel, Ltd 2,357 2,358 -
Return to Headlines
HVS Beijing
Annie Wang
HVS Hong Kong
Daniel Voellm
HVS Guangzhou
Tony Tao
HVS New Delhi
Achin Khanna
HVS Shanghai
Henry Fang
HVS Singapore
Kaushik Vardharajan
HVS Mumbai
Natwar Nagar
HVS Bangkok
Chris Pucher
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.

© HVS 2013 Terms of Use | Contact Us