|
Featured in this Asia Pacific Hospitality Newsletter |
|
 |
| |
| |
| |
| |
|
IHG ANA Hotels Group Japan, a joint venture between
InterContinental Hotels Group and All Nippon Airways (ANA),
announced on 1 July 2010 the opening of the first co-branded
hotel between Holiday Inn and ANA, ANA Holiday Inn Sendai.
The 165-room hotel is strategically located near the
entrance of the Sendai train station, providing great
accessibility for both business and leisure travellers.
Holiday Inn is currently rebranding itself to be a modern,
contemporary hotel, focusing on what matters most to guests
– efficient, friendly service and a good night’s sleep. |
|
|
| |
| |
| |
|
Best Western International’s (Best Western) 12th property in
Japan, Best Western Hotel Fino Osaka Shinsaibashi, opened on
1 July this year, adding on to the chain’s growing presence
in the country. The 179-room contemporary style hotel is in
close proximity to major transportation systems and is also
ideally located in the heart of Osaka’s Nanba and Umeda
business and shopping districts. The latest hotel addition
will position Best Western as the second largest
international hotel company in Japan. |
|
| |
| |
| |
|
Shangri-La Hotels and Resorts (Shangri-La) will be opening
three new hotels in the coastal cities of Qinhuangdao,
Tianjin and Tangshan in North China in 2013. The latest
additions of hotels will add to the group’s portfolio of
North China properties in Beijing and Inner Mongolia, and
this portfolio will rise to 12 hotels in the next three
years. The three hotels, which are all located in close
proximity to business districts, will bring in a total
supply of 1,225 rooms to the hotel market. |
|
| |
| |
| |
|
International tourist arrivals increased by 7% in the first four
months of 2010, totalling over 258 million arrivals, with
April’s 3% increase marking the seventh month of growth after 14
consecutive months of negative results. The improvement in
overall sentiments during these four months of the year is also
reflected in the rise of the World Tourism Organisation (UNWTO)
Tourism Confidence Index. Fifty percent of the experts in the
UNWTO Panel of Tourism evaluated the period of January to April
as ‘better’ or ‘much better’ as compared to 34% for the period
of September to December 2009. Current growth rates suggest that
international tourist arrivals for 2010 may exceed the forecast
of +4%. |
|
| |
| |
| |
|
Pan Pacific Hotels Group (Pan Pacific) will open three
properties in Australia by 2011. The company currently owns
and/or manages over 30 hotels, resorts and serviced
apartments with more than 10,000 rooms in Asia and North
America under the Pan Pacific and PARKROYAL brands. The
three new properties in Australia will be PARKROYAL Darling
Harbour, Sydney, PARKROYAL Parramatta and Pan Pacific Perth.
These three properties will be rebranded from the existing
Crowne Plaza Darling Harbour, Crowne Plaza Parramatta and
Sheraton Perth, respectively. |
|
| |
|
|
Absolute Share Price Performance, as at
2 July 2010 |
| |
|
Closing Share Price as at |
2 July 2010 |
25 June 2010 |
% Change |
|
Australia Stock Exchange (ASX) |
|
Amalgamated Holdings Limited |
5.73 |
5.64 |
2% |
|
General Property Group |
2.83 |
2.91 |
-3% |
|
Mirvac Group |
1.30 |
1.37 |
-5% |
|
Ocean Capital Limited |
0.25 |
0.25 |
– |
|
Thakral Holdings Group |
0.37 |
0.39 |
-5% |
|
Living and Leisure Australia Group |
0.017 |
0.017 |
– |
|
Bangkok Stock Exchange (THB) |
|
Central Plaza Hotel Public Co Ltd |
4.10 |
3.92 |
5% |
|
Dusit Thani Public Co Ltd |
28.75 |
28.50 |
1% |
|
The Erawan Group Public Co Ltd |
2.02 |
2.00 |
1% |
|
Grande Asset Hotels and Property Public Co Ltd |
0.91 |
0.86 |
6% |
|
Laguna Resorts & Hotel Public Co Ltd |
41.50 |
42.00 |
-1% |
|
Minor International Public Co Ltd |
10.30 |
10.20 |
1% |
|
China Shanghai Stock Exchange (RMB) |
|
Shanghai Jinjiang International Hotels Development |
17.32 |
19.90 |
-13% |
|
Beijing Capital Tourism Co Ltd |
16.49 |
18.42 |
-10% |
|
Jinling Hotel Corporation Ltd |
6.95 |
7.87 |
-12% |
|
China Shenzhen Stock Exchange (RMB) |
|
Hunan Huatian Great Hotel Co Ltd |
9.41 |
9.46 |
-1% |
|
Guangzhou Dong Fang Hotel Co Ltd |
9.90 |
10.50 |
-6% |
|
Shenzhen Century Plaza Hotel Co Ltd |
5.81 |
6.48 |
-10% |
|
NASDAQ (US$) |
|
Home Inns & Hotels Management Inc |
38.23 |
41.75 |
-8% |
|
Hong Kong Stock Exchange (HK$) |
|
Miramar Hotel & Investment Co Ltd |
7.65 |
7.56 |
1% |
|
Regal Hotels International Holdings Ltd |
3.02 |
3.10 |
-3% |
|
Sino Hotels Holdings Ltd |
2.24 |
2.23 |
– |
|
The Hong Kong & Shanghai Hotels Ltd |
12.66 |
12.84 |
-1% |
|
Korea Exchange (KRW) |
|
The Shilla |
25,600 |
22,750 |
13% |
|
Singapore Stock Exchange (S$) |
|
Amara Holdings Ltd |
0.46 |
0.44 |
5% |
|
ART Management Limited |
1.09 |
1.02 |
7% |
|
Banyan Tree Holdings Limited |
0.82 |
0.84 |
-2% |
|
CDL HTrust |
1.77 |
1.68 |
5% |
|
Hotel Grand Central Ltd |
0.74 |
0.76 |
-3% |
|
Hotel Properties Ltd |
2.53 |
2.55 |
-1% |
|
Mandarin Oriental International Ltd (US$) |
1.42 |
1.43 |
-1% |
|
Pan Pacific Hotels Group Limited |
1.57 |
1.58 |
-1% |
|
Shangri-La Asia Limited (HK$) |
14.04 |
14.20 |
-1% |
|
Stamford Land Corporation Ltd |
0.50 |
0.50 |
– |
|
Taiwan Stock Exchange (NT$) |
|
Formosa International Hotels Corporation |
390 |
405 |
-4% |
|
The Ambassador Hotel, Ltd |
38.20 |
37.80 |
1% |
|
Tokyo Stock Exchange (JPY) |
|
Nippon Hotel Fund Investment Corporation |
200,000 |
199,900 |
– |
|
Japan Hotel and Resort Inc |
176,000 |
177,900 |
-1% |
|
Imperial Hotel, Ltd |
1,853 |
1,920 |
-3% |
|
| |
|
Return to Headlines |
| |
|
| |
Subscription Information:
You are currently subscribed as $subst('Recip.EmailAddr') to receive
emails from our HVS list. You are receiving this email because you have
contacted us through our website or through other means. To unsubscribe from
future mailings to this list, please send a blank email to:
$subst('Email.UnSub').
If you would like to change your preferred email format, change your
subscribed email address, or have any comments or suggestions, please
contact us at: [email protected].
You can also contact us by phone or regular mail:
HVS
Joan Raffetto
369 Willis Avenue
Mineola, NY 11501
Tel: +1 (516) 248-8828 ext. 231
|
|
| |
|
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. |
