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December 2, 2011 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Oakwood Introduces Premier Brand In China
St. Regis Debuts In Sanya
SilverNeedle Relauches Constellation Hotel
Refurbishment To Take Place At Singapore's Iconic Marriott Hotel
Singapore Tourism Revenue Enjoys Strong Growth In First Half Of 2011
Absolute Share Price Performance, As At 2 December
Oakwood Introduces Premier Brand In China Return to Headlines

Oakwood Asia Pacific will be debuting its Oakwood Premier brand in China with the launch of the 225-key Oakwood Premier Guangzhou in the first quarter of 2012. Located in the Tianhe District city centre, the property will offer accommodation options ranging from studios to one-, two-, three- and four-bedroom apartments. Facilities will include a restaurant and bar, a fitness centre, meeting rooms, a business centre, a swimming pool, a sauna and Jacuzzi, an Angsana Spa by Banyan Tree, a children's play area and a residents' lounge. Oakwood Premier Guangzhou will be the second serviced apartment opened by Oakwood Asia Pacific in the capital of Guangdong Province. The first was Oakwood Gold Arch Residence Guangzhou on Er Sha Island.

St. Regis Debuts In Sanya Return to Headlines

Starwood's St. Regis Hotels & Resorts unit has announced the grand opening of the St. Regis Sanya Yalong Bay Resort, one of the most glamorous gathering spots in Sanya for travellers. The resort, which is South China's first St. Regis resort, is located along the coast of Yalong Bay in Sanya, Hainan Province. The St. Regis Sanya Yalong Bay Resort offers 373 guestrooms and suites, and 28 oversized beachside villas, as well as three signature restaurants and a lounge. The resort is also introducing the South China region's first Iridium Spa, a five-star sanctuary of wellbeing. The resort is also the first hotel on the island to offer butler service to all guests staying in the resort.

SilverNeedle Relauches Constellation Hotel Return to Headlines

SilverNeedle Hospitality has relaunched its recent acquisition, Constellation Hotels, under the SilverNeedle Hospitality corporate brand in Australia. The group hopes to operate up to 10,000 rooms in Asia Pacific over the next five years including 5,000 to 6,000 rooms in Australia. The acquisition of Constellation helps the group reach long-term targets by transferring their expertise and management systems from Australia into Asia. Apart from continuing to develop and grow the brands in operations in Australia and New Zealand, SilverNeedle will also focus on building its presence in Asia including growing travel destinations such as Sri Lanka, Southeast Asia, China and India.

Refurbishment To Take Place At Singapore's Iconic Marriott Hotel Return to Headlines
As part of its long-term commitment to delivering a five-star product experience to guests, Tang Holdings will invest S$32 million into the refurbishment of Singapore Marriott Hotel on Orchard Road. It is the largest scale renovation project to take place in the luxury Singapore hotel's 16-year history and is already underway with Phase 1 nearing completion. Phase 1 includes the makeover of the hotel lobby, now called the Marriott Great Room, and removes the traditional architectural barriers, changing the lobby space into warm and welcoming open plan zones where guests can work, relax, drink or dine. The second phase of the renovation is currently in progress and consists of a major overhaul of the Marriott Café, Crossroads Café and all guestrooms. The project will be completed by April 2012.
Singapore Tourism Revenue Enjoys Strong Growth In First Half Of 2011 Return to Headlines
Singapore's tourism sector continued to grow from strength to strength, with an increase of 32% in tourism revenue to S$11 billion during the first half of 2011, outpacing the growth in visitor arrivals which grew 15% to reach 6.4 million visitors. Figures from the Singapore Tourism Board show that in the first half of this year, 25,763 visitors arrived in Singapore from the Emirates, an increase of 10.9% over the first half of 2010. In terms of revenue breakdown, accommodation revenue in Singapore in the first half was up 25%, food and beverage revenue rose 23% and sightseeing and entertainment revenue was up 136%. The latter includes gambling revenue.
Absolute Share Price Performance, 2 December 2011
Closing Share Price as at 2 December 2011 25 November 2011 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 5.60 5.60 -
General Property Group 3.23 3.06 6%
Mirvac Group 1.33 1.22 9%
Ocean Capital Limited 0.16 0.16 -
Thakral Holdings Group 0.50 0.49 1%
Living and Leisure Australia Group 0.023 0.026 -12%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 9.95 9.80 2%
Dusit Thani Public Co Ltd 36.00 35.75 1%
The Erawan Group Public Co Ltd 2.42 2.36 3%
Grande Asset Hotels and Property Public Co Ltd 1.35 1.52 -11%
Laguna Resorts & Hotel Public Co Ltd 49.75 50.00 -1%
Minor International Public Co Ltd 11.10 10.20 9%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 18.71 19.07 -2%
Beijing Capital Tourism Co Ltd 14.80 15.61 -5%
Jinling Hotel Corporation Ltd 7.74 8.10 -4%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 4.98 5.06 -2%
Guangzhou Dong Fang Hotel Co Ltd 8.75 9.16 -4%
Shenzhen Century Plaza Hotel Co Ltd 4.47 5.00 -11%
Home Inns & Hotels Management Inc 31.91 28.96 10%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 8.40 8.06 4%
Regal Hotels International Holdings Ltd 2.47 2.35 5%
Sino Hotels Holdings Ltd 2.28 2.26 1%
The Hong Kong & Shanghai Hotels Ltd 8.60 9.66 -11%
Shangri-La Asia Limited 14.00 13.56 3%
kosmopolito Hotel International 1.26 1.10 15%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 61.1 58.8 4%
EIH (Oberoi Hotels & Resorts) 86.4 82.7 4%
Hotel Leela Ventures 33.2 33.2 0%
Korea Exchange (KRW)
The Shilla 36,450 35,800 2%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.31 0.30 3%
Ascott Residence Trust 0.99 0.99 -
Banyan Tree Holdings Limited 0.64 0.65 -2%
CDL HTrust 1.48 1.52 -3%
Hotel Grand Central Ltd 0.70 0.68 3%
Hotel Properties Ltd 1.76 1.92 -8%
Mandarin Oriental International Ltd (US$) 1.42 1.39 2%
Pan Pacific Hotels Group Limited 1.83 1.85 -1%
Shangri-La Asia Limited (HK$) 13.56 12.95 5%
Stamford Land Corporation Ltd 0.54 0.54 -
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 423 417 1%
The Ambassador Hotel, Ltd 32.10 31.00 4%
Tokyo Stock Exchange (JPY)
Nippon Hotel Fund Investment Corporation 187,600 180,400 4%
Japan Hotel and Resort Inc 164,200 160,600 2%
Imperial Hotel, Ltd 1,835 1,750 5%
Return to Headlines
HVS Beijing
Michelle Hui
HVS Hong Kong
Mark Keith & Daniel Voellm
HVS Mumbai
Manav Thadani
HVS New Delhi
Manav Thadani
HVS Shanghai
Adeline Phua
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David Ling
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