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Featured in this Asia Pacific Hospitality Newsletter - Week
Ending 4 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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HNA Group (HNA), a state-owned conglomerate with businesses
ranging from aviation to hotels and property, is currently
under talks to acquire an 85% stake from US-based Leo
Investment in two uncompleted hotel towers in Luwan
District, Shanghai, China. The two hotels, which were
originally planned to be managed by Jumeirah and Hilton, are
nearing completion and the deal is reported to be worth
approximately US$585 million. The remaining 15% stake in the
development is owned by Shui On Private Group. |
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Hyatt Hotels and Resorts (Hyatt) has announced the opening of
the 491-key Grand Hyatt Shenzhen in southern China, which
forms part of the mixed-use development, City Crossing.
Located along Bao An Nan Road in Luohu District, the hotel
is housed in a landmark 38-storey crested building. In
addition, the hotel is located five minutes’ drive from the
Hong Kong border and ten minutes’ drive from Shenzhen
Convention and Exhibition Centre. Featuring 491 rooms, the
hotel also offers eight food and beverage outlets and
approximately 2,800 square metres of meeting facilities. |
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Relevant authorities in India have moved to possibly remove
the statutory requirement which stipulates a three-year
lock-in period for developers and foreign investors in its
real estate market. This ruling was meant to curb
speculative activities in the market when it was introduced
but, according to developers and investors, it has been
stifling investments in the country. In addition, foreign
investments in the Indian real estate market are also
subject to requirements pertaining to capitalisation norms
and minimum area to be developed. |
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International Arrivals To Vietnam Decline By 12% In
Year-To-Date November 2009 |
Return to Headlines |
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According to the General Statistics Office of Vietnam, the
number of international arrivals to Vietnam recorded 3.4
million in the first 11 months of 2009, reflecting a 12%
decline from the same period in 2008. In terms of tourism
revenue, the authorities are forecasting a 70%, or
approximately US$40 billion, decline for full-year 2009 as
compared to 2008. Currently, Vietnam’s travel and tourism
industry generates approximately 5% of the country’s gross
domestic product and employs 10% of the labour force in the
service sector. |
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Absolute Share Price Performance, as at
4 December 2009
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Closing Share Price as at |
4 Dec 2009 |
27 Nov 2009 |
% Change |
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Australia Stock Exchange (ASX) |
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Amalgamated Holdings Limited |
5.86 |
5.58 |
5% |
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General Property Group |
0.58 |
0.58 |
– |
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Mirvac Group |
1.43 |
1.51 |
-5% |
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Ocean Capital Limited |
0.37 |
0.37 |
– |
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Thakral Holdings Group |
0.36 |
0.38 |
-4% |
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Living and Leisure Australia Group |
0.029 |
0.031 |
-6% |
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Bangkok Stock Exchange (THB) |
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Central Plaza Hotel Public Co Ltd |
4.16 |
4.08 |
2% |
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Dusit Thani Public Co Ltd |
28.00 |
29.75 |
-6% |
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The Erawan Group Public Co Ltd |
2.32 |
2.36 |
-2% |
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Grande Asset Hotels and Property Public Co Ltd |
1.33 |
1.32 |
1% |
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Laguna Resorts & Hotel Public Co Ltd |
42.75 |
43.00 |
-1% |
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Minor International Public Co Ltd |
10.90 |
10.40 |
5% |
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China Shanghai Stock Exchange (RMB) |
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Shanghai Jinjiang International Hotels Development |
21.64 |
21.40 |
1% |
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Beijing Capital Tourism Co Ltd |
22.72 |
20.73 |
10% |
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Jinling Hotel Corporation Ltd |
8.86 |
8.19 |
8% |
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China Shenzhen Stock Exchange (RMB) |
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Hunan Huatian Great Hotel Co Ltd |
8.82 |
8.14 |
8% |
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Guangzhou Dong Fang Hotel Co Ltd |
8.46 |
8.15 |
4% |
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Shenzhen Century Plaza Hotel Co Ltd |
7.45 |
7.11 |
5% |
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NASDAQ (US$) |
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Home Inns & Hotels Management Inc |
37.93 |
33.53 |
13% |
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Hong Kong Stock Exchange (HK$) |
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Miramar Hotel & Investment Co Ltd |
8.41 |
8.35 |
1% |
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Regal Hotels International Holdings Ltd |
3.18 |
3.11 |
2% |
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Sino Hotels Holdings Ltd |
2.38 |
2.36 |
1% |
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The Hong Kong & Shanghai Hotels Ltd |
11.22 |
11.50 |
-2% |
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Korea Exchange (KRW) |
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The Shilla |
19,050 |
18,700 |
2% |
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Singapore Stock Exchange (S$) |
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Amara Holdings Ltd |
0.51 |
0.50 |
2% |
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ART Management Limited |
1.16 |
1.08 |
7% |
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Banyan Tree Holdings Limited |
0.75 |
0.73 |
3% |
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CDL HTrust |
1.65 |
1.50 |
10% |
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Hotel Grand Central Ltd |
0.70 |
0.68 |
3% |
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Hotel Properties Ltd |
2.09 |
2.08 |
0% |
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Mandarin Oriental International Ltd (US$) |
1.25 |
1.27 |
-2% |
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Pan Pacific Hotels Group Limited |
1.46 |
1.47 |
-1% |
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Shangri-La Asia Limited (HK$) |
13.98 |
14.10 |
-1% |
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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 |
397 |
405 |
-2% |
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The Ambassador Hotel, Ltd |
35.75 |
35.45 |
1% |
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Tokyo Stock Exchange (JPY) |
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Nippon Hotel Fund Investment Corporation |
144,200 |
129,900 |
11% |
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Japan Hotel and Resort Inc |
120,200 |
113,600 |
6% |
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Imperial Hotel, Ltd |
1,659 |
1,675 |
-1% |
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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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