Featured in this Asia Pacific Hospitality Newsletter - Week Ending 20 January 2006
HVS International Recruiting Hotel Consultants for Asia
CHIS 2006 'Winning Strategies For Hotel Investment In China'
2nd Hotel Investment Conference - South Asia (HICSA 2006)
Indian Hotel Industry Survey 2004-2005
Abacus Adds Second Cairns Hotel to its Holdings
Malaysia Launches Visit Malaysia Year 2007
Park Plaza Beijing Wangfujing Opening in China
ITC Plans to Add 9 Hotels for India Tourism
Absolute Share Price Performance, as at 20 January 2006


HVS International Recruiting Hotel Consultants for Asia Return to Headlines

HVS International is a leading international hotel consulting, valuation and investment services firm with 23 offices worldwide. As part of its growth strategy for Asia, HVS International is actively recruiting qualified professionals for its hotel and resort projects in North Asia (China, Japan and South Korea) and Southeast Asia (Thailand, Singapore and Hong Kong SAR).

If you fulfil the following criteria and would like to be considered, please send your resume and covering letter in confidence to David Ling at dling@hvs.com

  • Good first degree in hotel, real estate or finance discipline;
  • Minimum 2 years working experience, preferably with a consulting firm;
  • Excellent writing and communication skills;
  • Ability to perform financial calculations; and
  • Desire to travel.

CHIS 2006 'Winning Strategies For Hotel Investment In China' Return to Headlines

China Hotel Investment Summit opens doors to both gateway and secondary cities of one of the fastest growing economies in the 21st century to investors, developers, owners, hotel and serviced apartment operators, governments, financial institutions and other industry specialists who have a stake in the country.

Co-hosted by the largest global hospitality consulting firm - HVS International, together with the leading institution for hospitality education in China - Beijing International Studies University, CHIS 2006 promises a whole new experience for hotel investment in China. We will meet the CHIS 2006 'China Hotelier of the Year' as well as the recipient of the 'Hospitality Excellence Award'.

More details are available at our summit portal at www.chisummit.com. For more information, kindly email: chis@chisummit.com.
CHIS 2006 'WINNING STRATEGIES FOR HOTEL INVESTMENT IN CHINA'
Date: 26 - 28 April 2006
Venue: Grand Hyatt Shanghai


2nd Hotel Investment Conference - South Asia (HICSA 2006) Return to Headlines

Hospitality sector in South Asia has shown robust performance in the past two years resulting in huge growth in the form of enhanced investment and development opportunities. Addressing the needs arising out of high interest levels in South Asia, HICSA 2006 aims to bring all the stakeholders of the hospitality industry together.

More details are available at our conference portal at www.hvs.com/HICSA/. For more information, kindly email: hicsa@hvs.com.
Date: 5 - 6 April 2006
Venue: Taj Lands End Mumbai


Indian Hotel Industry Survey 2004-2005 Return to Headlines

The Federation of Hotel & Restaurant Associations (FHRAI) - Indian Hotel Industry Survey is an annual publication, and is India's most comprehensive and, indeed, most authoritative report on operating and financial data for the hotel industry. The report's proprietary rights belong to the FHRAI. According to our understanding with FHRAI, HVS International is responsible for the analysis of relevant industry data (provided by FHRAI) and the preparation and publishing of the report.

Click here to download the survey.


Abacus Adds Second Cairns Hotel to its Holdings Return to Headlines

The bullish Abacus Property Group has bought the Tradewinds Esplanade hotel in Cairns for US$31 million. The purchase of the 245-room complex comes as Abacus is readying to launch a specialist tourism vehicle in the second half of 2006. The four-star Tradewinds Esplanade hotel is being sold by NQ Resorts, which is part of Japan's Shipfield Group, in a deal due to be finalised by February 2006.


Malaysia Launches Visit Malaysia Year 2007 Return to Headlines
Aiming to attract 20 million tourists, Malaysia unveiled its 2007 campaign. With the tagline "Malaysia Welcomes the World," the country's New Year celebrations and revelry coincided with the official launch of the Visit Malaysia Year 2007 campaign. The country's tourism ministry is targeting 200,000 tourists from West Asia, northern Africa and Iran this year. It will be drawing up programs to enable airlines from West Africa and Northern Africa to lease planes for flights to coincide with Visit Malaysia Year 2007.

Park Plaza Beijing Wangfujing Opening in China Return to Headlines
Park Plaza Hotels & Resorts announced the soft opening of its first hotel in China, the Park Plaza Beijing Wangfujing. Located in Beijing's Wangfujing commercial and shopping district, which is just minutes from some of the world's most popular tourist attractions including The Forbidden City, The Imperial Place and Tian'anmen Square, will be managed by Carlson Hotels Asia Pacific. Featuring 216 rooms, including 16 suites, all guest rooms will offer views of the Beijing skyline.

ITC Plans to Add 9 Hotels for India Tourism Return to Headlines
ITC, India's second-largest chain, plans to add at least nine properties to take a bigger share of one of the world's fastest-growing tourism markets. ITC will build hotels in Chennai, Bangalore, Gurgaon, Hyderabad and Chandigarh, and it may build one in Goa and some state capitals as demand exceeds supply. ITC may also consider hotels in London and Singapore. Reports have indicated that India's luxury hotels have seen a surge in occupancy, with demand expected to grow nine percent on average for the next five years and average room rates to gain 14 percent on average in the next two years.

Absolute Share Price Performance, as at 20 January 2006
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