HVS Website
Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter - Week Ending 8 January 2010
China Hotel Investment Conference (CHIC) - 12-14 May 2010
Hotel Investment Conference South Asia (HICSA) - 7-8 April 2010
Thailand Likely To Exceed Offical Arrivals Target Of Arrivals
Hyatt To Open Three New Hotels In Collaboration With Suning
China Records Approximately US$185 Billion In Tourism Income For 2009
Nepal Looking To Be Developed Into Golf Destination
Property Tax Likely To Be Imposed If Chinese Real Estate Market Continues To Heat
Absolute Share Price Performance, As At 8 January 2010
China Hotel Investment Conference (CHIC) - 12-14 May 2010 Return to Headlines
As The Most Influential Hotel Investment Conference in China, the 6th revised edition of the China Hotel Investment Conference (CHIC) is scheduled on 12 to 14 May 2010, at the InterContinental Puxi Shanghai. Over the past five years, the Conference has hosted over 2,500 delegates from 25 countries. The theme for 2010 'From Asia to Global Powerhouse, China – An Extraordinary Opportunity Awaits' invites you on an exciting expedition to explore investment and other business opportunities in this vast market, including the hospitality industry where domestic tourism continues to grow steadily from 1.8 billion arrivals in 2008 to an estimated 2.0 billion arrivals in 2009, bucking global tourism trends. Sound strategies are therefore necessary to harness these opportunities. Be inspired - from the meetings, exchange of ideas and collaboration with other leaders. There are many exciting events lined up, including Forums (Strategies to Tap the Domestic Tourism Boom, China Investment Policies – Understanding and Doing It Right, and more), Masters Series (Isights into Improving Your Hotel Performance and Asset Management – Enhancing Your Hotel Values), Speed Networking (meeting other leaders), and Exhibitions (showcase of the latest innovations). Additionally, don’t miss the organised tour to the Shanghai World Expo 2010 (separate registration)!

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, Henry Gabey, Co-Founder & Co-Chairman - DUET Group, Louis Klein, MD - Real Estate, IREO, New York, Peter Meyer, MD - Pacifica Partners, Michael Evans, EVP Global Development - MGM MIRAGE Hospitality, Richard Solomons, CFO and Head of Commercial Development - IHG. 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!
Thailand Likely To Exceed Offical Arrivals Target Of Arrivals Return to Headlines
According to the Tourism Authority of Thailand (TAT), the country is expected to welcome between 15 million to 15.5 million international arrivals in 2010, exceeding the official target of 14 million, if there are no 'political disturbances or epidemics'. Similarly, domestic tourism is expected to improve from 2009 and the TAT has set an official target of 90 million for this segment in 2010. Thailand has been one of the most popular tourism destinations in Asia but political instability and the global economic slowdown have adversely impacted on its tourism industry over the last two years.
Hyatt To Open Three New Hotels In Collaboration With Suning Return to Headlines
Hyatt Hotels Corporation (Hyatt) has entered into management agreements with Suning Real Estate Development Corporation (Suning) to manage three properties in different cities within Jiangsu Province. Both the Hyatt Regency Wuxi and Hyatt Regency Xuzhou are expected to offer 350 keys and form part of Suning Plaza developments in the respective cities. They are scheduled to commence operations by 2012. Similarly, Grand Hyatt Nanjing will form part of Suning Plaza in Nanjing's prominent Xin Jie Kou District. The hotel is envisaged to feature 400 keys and open by 2013.
China Records Approximately US$185 Billion In Tourism Income For 2009 Return to Headlines
According to the China National Tourism Administration, China recorded approximately US$185 billion in tourism income in 2009, reflecting a growth of 9% from 2008. Domestic tourism income was estimated at approximately US$146 billion, growing 15% from the previous year. Foreign exchange earnings were forecast to be approximately US$39 billion as both the inbound and outbound tourism markets are expected to continue their uptrends in the next few years.
Nepal Looking To Be Developed Into Golf Destination Return to Headlines
Local stakeholders are encouraging the Nepalese authorities to focus on developing golf tourism as the national campaign, Nepal Tourism Year 2011, approaches. In addition, the Nepal Golf Association has proposed training centres to be set up at the Ministry of Tourism and Civil Aviation. Currently, Nepal offers seven golf courses, out of which four are located outside the capital city, Kathmandu. According to reports, the average expenditure for a golf tourist is approximately US$400 to US$500 per day, seven times more than an average tourist to Nepal.
Property Tax Likely To Be Imposed If Chinese Real Estate Market Continues To Heat Return to Headlines
The mainland Chinese authorities are contemplating imposing property taxes on residential and commercial properties in selected cities if real estate prices continue to grow strongly. The move came on the back of unprecedented lending and inflow of equity appearing to create 'asset bubbles' in China. Recently, the mainland Chinese government has imposed several measures such as curbing credit for home purchases and tightening land sale regulations for developers in a bid to stabilise the country's real estate market.
Absolute Share Price Performance, as at 8 January 2010
Closing Share Price as at 8 Jan 2010 2 Jan 2010 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited  5.77 5.59 3%
General Property Group 0.61 0.61 0%
Mirvac Group 1.64 1.57 4%
Ocean Capital Limited 0.38 0.38
Thakral Holdings Group 0.42 0.35 22%
Living and Leisure Australia Group 0.029 0.030 -3%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 4.40 4.22 4%
Dusit Thani Public Co Ltd 24.00 29.00 -17%
The Erawan Group Public Co Ltd 2.56 2.36 8%
Grande Asset Hotels and Property Public Co Ltd 1.25 1.25
Laguna Resorts & Hotel Public Co Ltd 41.25 42.75 -4%
Minor International Public Co Ltd 12.30 11.30 9%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development  24.75 23.57 5%
Beijing Capital Tourism Co Ltd 22.49 23.13 -3%
Jinling Hotel Corporation Ltd 8.32 8.47 -2%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 8.61 8.70 -1%
Guangzhou Dong Fang Hotel Co Ltd 8.42 8.40 0%
Shenzhen Century Plaza Hotel Co Ltd 7.99 7.35 9%
Home Inns & Hotels Management Inc 40.06 35.09 14%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 8.59 8.38 3%
Regal Hotels International Holdings Ltd 3.20 3.24 -1%
Sino Hotels Holdings Ltd 2.30 2.30
The Hong Kong & Shanghai Hotels Ltd 11.58 11.36 2%
Korea Exchange (KRW)
The Shilla  21,350 21,950 -3%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.56 0.56
ART Management Limited 1.35 1.20 13%
Banyan Tree Holdings Limited 0.82 0.76 8%
CDL HTrust  1.80 1.75 3%
Hotel Grand Central Ltd 0.75 0.75
Hotel Properties Ltd 2.40 2.21 9%
Mandarin Oriental International Ltd (US$) 1.46 1.49 -2%
Pan Pacific Hotels Group Limited 1.62 1.60 1%
Shangri-La Asia Limited (HK$) 14.20 14.30 -1%
Stamford Land Corporation Ltd 0.43 0.41 5%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation  407 411 -1%
The Ambassador Hotel, Ltd  38.60 39.35 -2%
Tokyo Stock Exchange (JPY)
Nippon Hotel Fund Investment Corporation  134,500 135,500 -1%
Japan Hotel and Resort Inc 131,800 129,300 2%
Imperial Hotel, Ltd  1,619 1,623 0%
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.

Copyright 2010 HVS. All Rights Reserved Terms Of Use | Contact Us