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Featured in this Asia Pacific Hospitality Newsletter - Week Ending 11 December 2009
China Hotel Investment Conference (CHIC) - 12-14 May 2010
Hotel Investment Conference South Asia (HICSA) - 7-8 April 2010
MGM To Launch Non-Gaming Hotel Brands In India
Malaysia’s Mid-Tier Hotels Urged To Rebrand And Upgrade
Marriott To Open Its First Deluxe Hotel In Vietnam By 2013
Kempinski To Double Its Hotels In China By 2013
Japan’s Largest Property Developer To Look Abroad Amidst Softened Local Conditions
Absolute Share Price Performance, As At 11 December 2009
China Hotel Investment Conference (CHIC) - 12-14 May 2010 Return to Headlines
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.
Hotel Investment Conference South Asia (HICSA) - 7-8 April 2010 Return to Headlines
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 To Launch Non-Gaming Hotel Brands In India Return to Headlines
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 Mid-Tier Hotels Urged To Rebrand And Upgrade Return to Headlines
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 To Open Its First Deluxe Hotel In Vietnam By 2013 Return to Headlines
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.
Kempinski To Double Its Hotels In China By 2013 Return to Headlines
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$330 million for housing developments in Dalian and Suzhou in eastern China and a joint venture with China’s Baoye Group in Zhejiang Province.
Absolute Share Price Performance, as at 11 December 2009
Closing Share Price as at 11 Dec 2009 4 Dec 2009 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited  5.53 5.86 -6%
General Property Group 0.56 0.58
Mirvac Group 1.46 1.43 2%
Ocean Capital Limited 0.35 0.37 -5%
Thakral Holdings Group 0.35 0.36 -3%
Living and Leisure Australia Group 0.029 0.029
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 4.22 4.16 1%
Dusit Thani Public Co Ltd 29.00 28.00 4%
The Erawan Group Public Co Ltd 2.32 2.32
Grande Asset Hotels and Property Public Co Ltd 1.37 1.33 3%
Laguna Resorts & Hotel Public Co Ltd 43.00 42.75 1%
Minor International Public Co Ltd 11.50 10.90 6%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development  21.60 21.64 0%
Beijing Capital Tourism Co Ltd 22.97 22.72 1%
Jinling Hotel Corporation Ltd 8.45 8.86 -5%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 8.74 8.82 -1%
Guangzhou Dong Fang Hotel Co Ltd 8.48 8.46 0%
Shenzhen Century Plaza Hotel Co Ltd 7.65 7.45 3%
Home Inns & Hotels Management Inc 36.53 37.93 -4%
Hong Kong Stock Exchange (HK$)
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
HVS Beijing
Michael Schwarz
HVS Hong Kong
Mark Keith & Daniel Voellm
HVS Mumbai
Manav Thadani
HVS New Delhi
Manav Thadani
HVS Shanghai
Adeline Phua
HVS Singapore
David Ling
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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