|
Sign up to automatically receive HVS mailings |
| |
|
Featured in this Asia Pacific Hospitality Newsletter - Week
Ending 11 December 2009 |
|
 |
| |
| |
| |
|
|
 The
Most Influential Hotel Investment Conference in China.
Register by 14 February 2010 and save US$400.
Meet the key players. Tap into the latest industry trends
and economic insights. Learn of new business opportunities
and strategies that would help you stay on top of your
businesses. CHIC provides a platform to make deals in the
region and China with leading developers and investors. The
event stimulates the exchange of ideas and best practices
and foster new partnerships.
CHIC connects over 500 industry participants around the
world and China annually. The networking functions organised
during the Conference are unrivalled, with quality
receptions and unhurried lunches to ensure that you get the
most out of the event. Notable speakers are lining up, CHIC
2010 is here to facilitate, inspire and make a difference
for you.
Click here to view the website.
Register now. |
|
| |
| |
|
|
 The
Sixth Hotel Investment Conference - South Asia (HICSA) 2010
is scheduled for April 7th and 8th, 2010 and is to be hosted
at the Grand Hyatt, Mumbai. Over the past five years the
conference has played host to 30 global CEO's, 2,200 plus
delegates, and has had a wide range of attendees from
owners, real estate developers, operators, bankers,
architects and consultants. This exclusive event promises to
once again line up some of the best known global faces of
the hospitality industry including Frits van Paasschen,
President & CEO - Starwood Hotels & Resorts, Eric Danziger,
President & CEO - Wyndham Worldwide, Mark Hoplamazian, CEO &
President, Hyatt Hotels Corporation, Nakul Anand, Divisional
Chief Executive - Hotel Division, ITC, Gamal Aziz, President
& CEO - MGM Mirage Hospitality, Gerald Lawless, Executive
Chairman - Jumeirah Group, Capt CP Krishnan Nair, Chairman -
The Leela Palaces Hotels and Resorts, Raymond Bickson, MD &
CEO - Taj Hotels Resorts and Palaces, Martin Rinck,
President - Asia Pacific, Hilton Hotels. The conference has
been regarded by many as the best networking opportunity in
the region and a must attend for all associated to the hotel
industry.
Click here to view the website |
Latest Agenda |
View Speakers List |
Register Now! |
|
| |
| |
|
|
|
MGM Mirage, Las Vegas Strip’s largest casino owner, is
planning to enter India with non-gaming brands, Bellagio and
MGM Grand. Bellagio is positioned as a high-end luxury brand
while MGM Grand is positioned slightly lower. The group has
mentioned that it is looking at cities such as Delhi,
Mumbai, Hyderabad and leisure destinations such as Goa,
Rajasthan and Kerala to establish these brands. The group is
likely to keep its investments minimal by managing the
proposed hotels instead of owning them. |
|
| |
| |
|
|
|
Malaysia’s tourism minister has urged the country’s mid-tier
hotels to rebrand and upgrade as the authorities believe
that the demand for these hotels will grow in the future.
According to year-to-date October 2009 data, Malaysia
welcomed 19.47 million international arrivals, reflecting a
7.4% growth over the same period in 2008. Among the growth
markets, China recorded a 27.4% increase over the same
period. The authorities also mentioned that Malaysia will
focus on countries such as the Southeast-Asian countries,
China, the United Kingdom, France, Russia, Germany, the
Netherlands and Kazakhstan in the coming years. |
|
| |
| |
|
|
|
Marriott International (Marriott) has announced that the Nha
Trang Marriott Hotel will commence construction in end-2009
and open by 2013 in Nha Trang City. Located along Tran Phu
Boulevard facing Nha Trang Bay, the hotel is owned by Sao
Sang Nha Trang Co Ltd and will feature 250 keys with beach
views. In addition, the hotel is envisaged to offer four
food and beverage outlets, 670 square metres of meeting
facilities and amenities such as a full-service spa and
outdoor swimming pool. Currently, there are two hotels
managed by Marriott in Vietnam and a further two hotels are
expected to open by 2013. |
|
| |
| |
|
|
|
Hotel group, Kempinski Hotels, is planning to double the
number of hotels under its management in China by 2013.
Presently, the group has 11 hotels under its management
across China and it is looking to add 12 more hotels over
the next three years. It is envisaged that the Kempinski
hotels in China, which currently make up 15% of the group’s
total number of hotels, will account for 20% of the group’s
turnover and profits by 2013. In addition, the group is also
planning to introduce a new five-star hotel brand, Nuo,
exclusively for China. |
|
| |
|
Japan’s Largest Property Developer To Look Abroad Amidst
Softened Local Conditions |
Return to Headlines |
|
|
|
|
Osaka-based Daiwa House Industry (Daiwa), Japan’s largest
property developer by sales, is planning to expand in China
and Vietnam as demand for new homes in Japan is expected to
soften in the short term. High unemployment and declining
wages have been cited as two of the main reasons for the
falling demand. As a result, Daiwa is planning to commit
approximately US$330 million for housing developments in
Dalian and Suzhou in eastern China and a joint venture with
China’s Baoye Group in Zhejiang Province. |
|
| |
|
|
Absolute Share Price Performance, as at
11 December 2009
|
| |
|
Closing Share Price as at |
11 Dec 2009 |
4 Dec 2009 |
% Change |
|
Australia Stock Exchange (ASX) |
|
Amalgamated Holdings Limited |
5.53 |
5.86 |
-6% |
|
General Property Group |
0.56 |
0.58 |
– |
|
Mirvac Group |
1.46 |
1.43 |
2% |
|
Ocean Capital Limited |
0.35 |
0.37 |
-5% |
|
Thakral Holdings Group |
0.35 |
0.36 |
-3% |
|
Living and Leisure Australia Group |
0.029 |
0.029 |
– |
|
Bangkok Stock Exchange (THB) |
|
Central Plaza Hotel Public Co Ltd |
4.22 |
4.16 |
1% |
|
Dusit Thani Public Co Ltd |
29.00 |
28.00 |
4% |
|
The Erawan Group Public Co Ltd |
2.32 |
2.32 |
– |
|
Grande Asset Hotels and Property Public Co Ltd |
1.37 |
1.33 |
3% |
|
Laguna Resorts & Hotel Public Co Ltd |
43.00 |
42.75 |
1% |
|
Minor International Public Co Ltd |
11.50 |
10.90 |
6% |
|
China Shanghai Stock Exchange (RMB) |
|
Shanghai Jinjiang International Hotels Development |
21.60 |
21.64 |
0% |
|
Beijing Capital Tourism Co Ltd |
22.97 |
22.72 |
1% |
|
Jinling Hotel Corporation Ltd |
8.45 |
8.86 |
-5% |
|
China Shenzhen Stock Exchange (RMB) |
|
Hunan Huatian Great Hotel Co Ltd |
8.74 |
8.82 |
-1% |
|
Guangzhou Dong Fang Hotel Co Ltd |
8.48 |
8.46 |
0% |
|
Shenzhen Century Plaza Hotel Co Ltd |
7.65 |
7.45 |
3% |
|
NASDAQ (US$) |
|
Home Inns & Hotels Management Inc |
36.53 |
37.93 |
-4% |
|
Hong Kong Stock Exchange (HK$) |
|
Miramar Hotel & Investment Co Ltd |
8.45 |
8.41 |
0% |
|
Regal Hotels International Holdings Ltd |
3.16 |
3.18 |
-1% |
|
Sino Hotels Holdings Ltd |
2.38 |
2.38 |
– |
|
The Hong Kong & Shanghai Hotels Ltd |
11.42 |
11.22 |
2% |
|
Korea Exchange (KRW) |
|
The Shilla |
18,600 |
19,050 |
-2% |
|
Singapore Stock Exchange (S$) |
|
Amara Holdings Ltd |
0.50 |
0.51 |
-2% |
|
ART Management Limited |
1.12 |
1.16 |
-3% |
|
Banyan Tree Holdings Limited |
0.72 |
0.75 |
-4% |
|
CDL HTrust |
1.63 |
1.65 |
-1% |
|
Hotel Grand Central Ltd |
0.68 |
0.70 |
-3% |
|
Hotel Properties Ltd |
2.11 |
2.09 |
1% |
|
Mandarin Oriental International Ltd (US$) |
1.37 |
1.25 |
10% |
|
Pan Pacific Hotels Group Limited |
1.45 |
1.46 |
-1% |
|
Shangri-La Asia Limited (HK$) |
14.20 |
13.98 |
2% |
|
Stamford Land Corporation Ltd |
0.41 |
0.41 |
– |
|
Taiwan Stock Exchange (NT$) |
|
Formosa International Hotels Corporation |
414 |
397 |
4% |
|
The Ambassador Hotel, Ltd |
39.80 |
35.75 |
11% |
|
Tokyo Stock Exchange (JPY) |
|
Nippon Hotel Fund Investment Corporation |
136,000 |
144,200 |
-6% |
|
Japan Hotel and Resort Inc |
116,700 |
120,200 |
-3% |
|
Imperial Hotel, Ltd |
1,582 |
1,659 |
-5% |
|
| |
|
Return to Headlines |
| |
|
| |
|
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. |
|
