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Featured in this Asia Pacific Hospitality Newsletter - Week
Ending 18 December 2009 |
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 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. |
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 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! |
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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. |
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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. |
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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. |
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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%. |
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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. |
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Absolute Share Price Performance, as at
18 December 2009
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Closing Share Price as at |
18 Dec 2009 |
11 Dec 2009 |
% Change |
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Australia Stock Exchange (ASX) |
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Amalgamated Holdings Limited |
5.45 |
5.53 |
-1% |
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General Property Group |
0.58 |
0.56 |
4% |
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Mirvac Group |
1.57 |
1.46 |
8% |
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Ocean Capital Limited |
0.35 |
0.35 |
– |
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Thakral Holdings Group |
0.34 |
0.35 |
-3% |
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Living and Leisure Australia Group |
0.029 |
0.029 |
– |
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Bangkok Stock Exchange (THB) |
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Central Plaza Hotel Public Co Ltd |
4.20 |
4.22 |
0% |
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Dusit Thani Public Co Ltd |
29.75 |
29.00 |
3% |
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The Erawan Group Public Co Ltd |
2.38 |
2.32 |
3% |
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Grande Asset Hotels and Property Public Co Ltd |
1.30 |
1.37 |
-5% |
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Laguna Resorts & Hotel Public Co Ltd |
42.25 |
43.00 |
-2% |
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Minor International Public Co Ltd |
11.40 |
11.50 |
-1% |
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China Shanghai Stock Exchange (RMB) |
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Shanghai Jinjiang International Hotels Development |
20.09 |
21.60 |
-7% |
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Beijing Capital Tourism Co Ltd |
21.01 |
22.97 |
-9% |
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Jinling Hotel Corporation Ltd |
7.96 |
8.45 |
-6% |
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China Shenzhen Stock Exchange (RMB) |
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Hunan Huatian Great Hotel Co Ltd |
7.85 |
8.74 |
-10% |
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Guangzhou Dong Fang Hotel Co Ltd |
8.05 |
8.48 |
-5% |
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Shenzhen Century Plaza Hotel Co Ltd |
6.71 |
7.65 |
-12% |
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NASDAQ (US$) |
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Home Inns & Hotels Management Inc |
36.18 |
36.53 |
-1% |
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Hong Kong Stock Exchange (HK$) |
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Miramar Hotel & Investment Co Ltd |
8.17 |
8.45 |
-3% |
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Regal Hotels International Holdings Ltd |
2.98 |
3.16 |
-6% |
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Sino Hotels Holdings Ltd |
2.29 |
2.38 |
-4% |
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The Hong Kong & Shanghai Hotels Ltd |
11.28 |
11.42 |
-1% |
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Korea Exchange (KRW) |
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The Shilla |
21,500 |
18,600 |
16% |
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Singapore Stock Exchange (S$) |
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Amara Holdings Ltd |
0.54 |
0.50 |
8% |
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ART Management Limited |
1.19 |
1.12 |
6% |
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Banyan Tree Holdings Limited |
0.75 |
0.72 |
4% |
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CDL HTrust |
1.72 |
1.63 |
6% |
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Hotel Grand Central Ltd |
0.70 |
0.68 |
3% |
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Hotel Properties Ltd |
2.13 |
2.11 |
1% |
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Mandarin Oriental International Ltd (US$) |
1.48 |
1.37 |
8% |
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Pan Pacific Hotels Group Limited |
1.48 |
1.45 |
2% |
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Shangri-La Asia Limited (HK$) |
14.20 |
14.20 |
– |
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Stamford Land Corporation Ltd |
0.41 |
0.41 |
– |
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Taiwan Stock Exchange (NT$) |
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Formosa International Hotels Corporation |
414 |
414 |
– |
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The Ambassador Hotel, Ltd |
39.40 |
39.80 |
-1% |
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Tokyo Stock Exchange (JPY) |
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Nippon Hotel Fund Investment Corporation |
135,900 |
136,000 |
0% |
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Japan Hotel and Resort Inc |
115,100 |
116,700 |
-1% |
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Imperial Hotel, Ltd |
1,556 |
1,582 |
-2% |
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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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