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Featured in this Asia Pacific Hospitality Newsletter - Week Ending 18 December 2009
China Hotel Investment Conference (CHIC) - 12-14 May 2010
Hotel Investment Conference South Asia (HICSA) - 7-8 April 2010
Arrivals At Accommodation Increase In Macau During October 2009
Tata Group Looking To Expand Its Ginger Portfolio In India
Hong Kong Disneyland Commences Expansion Project
Home Inns Records Higher Profits But Analysts Remain Cautious
Chinese Cities Lead Asian Cities For Investment Prospects In 2010
Absolute Share Price Performance, As At 18 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!
Arrivals At Accommodation Increase In Macau During October 2009 Return to Headlines
According to the statistics bureau of Macau, arrivals at accommodation were recorded at 581,100 in October 2009, reflecting an 8.3% growth from the same month in 2008. The majority of these arrivals came from mainland China and Hong Kong, which accounted for 49.7% and 22.4%, respectively. On the other hand, visitor arrivals on package tours were recorded at 380,400 in October 2009, which was 11.9% lower than October 2008. Out of the 380,400 arrivals on package tours, visitors from mainland China contributed 264,800 while Taiwan and Hong Kong accounted for 25,000 and 19,600 arrivals, respectively.
Tata Group Looking To Expand Its Ginger Portfolio In India Return to Headlines
Indian conglomerate, Tata Group, is planning to expand its budget chain of Ginger hotels from the current 20 to approximately 70 hotels by 2014. This plan translates to the addition of approximately 5,000 rooms, given the average of 100 rooms per hotel for the Ginger chain. Presently, the development for Ginger hotels is already underway in cities such as Chennai, Surat, Indore, Tirupur, Manesar and Lucknow. The group has identified the mid-tier hotel segment in India as a growth market with immense potential as there is currently lesser focus on this segment by developers.
Hong Kong Disneyland Commences Expansion Project Return to Headlines
Hong Kong Disneyland has begun construction of three new themed areas, the Grizzly Gulch, Mystic Point and Toy Story Land, as part of its expansion project. The new additions are scheduled to be completed by 2014 and the Toy Story Land will have exclusive rights in Asia while the Grizzly Gulch and the Mystic Point will be exclusive worldwide for five years after their opening. Hong Kong Disneyland has welcomed approximately 19 million visitors since it commenced operations in September 2005.
Home Inns Records Higher Profits But Analysts Remain Cautious Return to Headlines
Although Home Inns and Hotels Management (Home Inns) recorded growth in sales of 43% and 38% in the second and third quarters of 2009, respectively, growth in 2010 has been forecast at 17%. The growth rates for sales have declined for four consecutive quarters. The annual pre-tax margin and return on equity were recorded at 7% and 6%, respectively, and these figures were considered to be average as compared to stronger stocks. Analysts have also forecast the full-year 2009 earnings per share for Home Inns to grow 108%.
Chinese Cities Lead Asian Cities For Investment Prospects In 2010 Return to Headlines
According to a survey, which was based on the opinions of more than 270 internationally renowned real estate professionals, Shanghai, Beijing and Hong Kong were named as the leading three cities in terms of real estate investment prospects in 2010. In terms of real estate development prospects, Shanghai, New Delhi and Mumbai were ranked as the top three cities. Ho Chi Minh City was also ranked highly for development prospects as a rapidly expanding middle class is predicted to be the main engine of growth in the real estate sector.
Absolute Share Price Performance, as at 18 December 2009
Closing Share Price as at 18 Dec 2009 11 Dec 2009 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited  5.45 5.53 -1%
General Property Group 0.58 0.56 4%
Mirvac Group 1.57 1.46 8%
Ocean Capital Limited 0.35 0.35
Thakral Holdings Group 0.34 0.35 -3%
Living and Leisure Australia Group 0.029 0.029
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 4.20 4.22 0%
Dusit Thani Public Co Ltd 29.75 29.00 3%
The Erawan Group Public Co Ltd 2.38 2.32 3%
Grande Asset Hotels and Property Public Co Ltd 1.30 1.37 -5%
Laguna Resorts & Hotel Public Co Ltd 42.25 43.00 -2%
Minor International Public Co Ltd 11.40 11.50 -1%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development  20.09 21.60 -7%
Beijing Capital Tourism Co Ltd 21.01 22.97 -9%
Jinling Hotel Corporation Ltd 7.96 8.45 -6%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 7.85 8.74 -10%
Guangzhou Dong Fang Hotel Co Ltd 8.05 8.48 -5%
Shenzhen Century Plaza Hotel Co Ltd 6.71 7.65 -12%
Home Inns & Hotels Management Inc 36.18 36.53 -1%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 8.17 8.45 -3%
Regal Hotels International Holdings Ltd 2.98 3.16 -6%
Sino Hotels Holdings Ltd 2.29 2.38 -4%
The Hong Kong & Shanghai Hotels Ltd 11.28 11.42 -1%
Korea Exchange (KRW)
The Shilla  21,500 18,600 16%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.54 0.50 8%
ART Management Limited 1.19 1.12 6%
Banyan Tree Holdings Limited 0.75 0.72 4%
CDL HTrust  1.72 1.63 6%
Hotel Grand Central Ltd 0.70 0.68 3%
Hotel Properties Ltd 2.13 2.11 1%
Mandarin Oriental International Ltd (US$) 1.48 1.37 8%
Pan Pacific Hotels Group Limited 1.48 1.45 2%
Shangri-La Asia Limited (HK$) 14.20 14.20
Stamford Land Corporation Ltd 0.41 0.41
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation  414 414
The Ambassador Hotel, Ltd  39.40 39.80 -1%
Tokyo Stock Exchange (JPY)
Nippon Hotel Fund Investment Corporation  135,900 136,000 0%
Japan Hotel and Resort Inc 115,100 116,700 -1%
Imperial Hotel, Ltd  1,556 1,582 -2%
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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