Featured in this Asia Pacific Hospitality Newsletter |
|
|
|
|
|
|
Outrigger Hotels and Resorts has announced an agreement with
Vietnamese American Hotel and Resort Co Ltd to co-design and
manage a luxury resort in Binh Dinh Province on Vietnam’s
central coast, between Danang and Nha Trang. The five-star
Outrigger Vinh Hoi Bay Resort and Spa, as part of the fully
integrated Vinh Hoi Bay Golf Resort, will have 210
guestrooms including theme suites, and 46 private villas
offering one- and two-bedroom accommodations. The
development is expected to be completed by late 2013. |
|
|
|
Regent Hotels And Resorts Returns To Asia With New Leadership
Team Announced |
Return to Headlines |
|
|
Formosa International Hotels Corporation (FIHC) has announced
a new leadership team for Regent Hotels and Resorts after
acquiring it from Carlson Hospitality Group and
Brussels-based Rezidor Hotel Group. FIHC beat over 20 other
hotel groups and developers to successfully acquire the
brand during an intense six-month period of competition. New
Regent Chairman Steven Pan has announced the appointment of
Regent Founder, Robert Burns, as Honorary Chairman and Ralf
Ohletz as President. |
|
|
|
|
Pan Pacific Hotels Group (Pan Pacific) has announced the
opening of Pan Pacific Ningbo and Pan Pacific Serviced
Suites Ningbo in Zhejiang, China by end of 2011. Located
strategically at the gateway of an upcoming industrial and
economic zone in Ningbo, the properties will be part of a
mixed-used development which includes the Ningbo
International Conference Exhibition Centre. The 430-room Pan
Pacific Ningbo and 200-room Pan Pacific Serviced Suites
Ningbo are part of the group’s strategy to establish its
presence in Shanghai and surrounding cities. |
|
|
|
|
Carlson has announced that it has completed the acquisition of
the majority interest in RHW Hotel Management Services Ltd (RHW),
a leading hotel management and consultancy services company in
India which has been managing Carlson-branded hotels in the
country since 1998. The acquisition comes after Carlson had
signed agreements to open 75 Radisson®, Country Inns & Suites By
CarlsonSM, Park Inn® and Park Plaza® hotels in Asia Pacific by
2013. Fifteen of the 18 hotels that Carlson plans to open across
Asia Pacific will be located in India. |
|
|
|
|
As part of its expansion plans in China, The Ascott Limited
has secured contracts to manage two more serviced residence
properties in the country. The signing for the two
properties comes after the opening of Somerset Riverview in
Chengdu, China in April. The Somerset Gaoxin, Xi'an and
Somerset Grandview, Shenzhen are slated to open in 2012 and
2013, respectively, bringing the group's portfolio in China
to 29 properties across 13 cities. |
|
|
|
|
Swissôtel Hotels and Resorts (Swissôtel) has added another
property to its expanding global portfolio with the
Swissôtel Kolkata. The hotel, which is the group’s first in
India, is located in New Town, a few minutes from the Netaji
Subhas Chandra Bose International Airport. The five-star
Swissôtel Kolkata will offer 147 guestrooms and suites, four
restaurants and bars, and 1,561 square metres of meeting and
banquet space. Swissôtel has a portfolio of 28 hotels in 25
destinations around the world. |
|
|
|
Absolute Share Price Performance, as at
9 July 2010 |
|
Closing Share Price as at |
9 July 2010 |
2 July 2010 |
% Change |
Australia Stock Exchange (ASX) |
Amalgamated Holdings Limited |
5.78 |
5.73 |
1% |
General Property Group |
2.90 |
2.83 |
2% |
Mirvac Group |
1.29 |
1.30 |
– |
Ocean Capital Limited |
0.25 |
0.25 |
– |
Thakral Holdings Group |
0.37 |
0.37 |
– |
Living and Leisure Australia Group |
0.017 |
0.017 |
– |
Bangkok Stock Exchange (THB) |
Central Plaza Hotel Public Co Ltd |
4.80 |
4.10 |
17% |
Dusit Thani Public Co Ltd |
29.00 |
28.75 |
1% |
The Erawan Group Public Co Ltd |
2.16 |
2.02 |
7% |
Grande Asset Hotels and Property Public Co Ltd |
1.00 |
0.91 |
10% |
Laguna Resorts & Hotel Public Co Ltd |
43.50 |
41.50 |
5% |
Minor International Public Co Ltd |
10.90 |
10.30 |
6% |
China Shanghai Stock Exchange (RMB) |
Shanghai Jinjiang International Hotels Development |
19.84 |
17.32 |
15% |
Beijing Capital Tourism Co Ltd |
17.58 |
16.49 |
7% |
Jinling Hotel Corporation Ltd |
7.30 |
6.95 |
5% |
China Shenzhen Stock Exchange (RMB) |
Hunan Huatian Great Hotel Co Ltd |
9.24 |
9.41 |
-2% |
Guangzhou Dong Fang Hotel Co Ltd |
11.00 |
9.90 |
11% |
Shenzhen Century Plaza Hotel Co Ltd |
6.20 |
5.81 |
7% |
NASDAQ (US$) |
Home Inns & Hotels Management Inc |
40.79 |
38.23 |
7% |
Hong Kong Stock Exchange (HK$) |
Miramar Hotel & Investment Co Ltd |
7.71 |
7.65 |
1% |
Regal Hotels International Holdings Ltd |
3.07 |
3.02 |
2% |
Sino Hotels Holdings Ltd |
2.24 |
2.24 |
– |
The Hong Kong & Shanghai Hotels Ltd |
12.52 |
12.66 |
-1% |
Korea Exchange (KRW) |
The Shilla |
26,800 |
25,600 |
5% |
Singapore Stock Exchange (S$) |
Amara Holdings Ltd |
0.44 |
0.46 |
-4% |
ART Management Limited |
1.17 |
1.09 |
7% |
Banyan Tree Holdings Limited |
0.82 |
0.82 |
– |
CDL HTrust |
1.81 |
1.77 |
2% |
Hotel Grand Central Ltd |
0.74 |
0.74 |
– |
Hotel Properties Ltd |
2.58 |
2.53 |
2% |
Mandarin Oriental International Ltd (US$) |
1.44 |
1.42 |
1% |
Pan Pacific Hotels Group Limited |
1.60 |
1.57 |
2% |
Shangri-La Asia Limited (HK$) |
14.54 |
14.04 |
4% |
Stamford Land Corporation Ltd |
0.51 |
0.50 |
2% |
Taiwan Stock Exchange (NT$) |
Formosa International Hotels Corporation |
461 |
390 |
18% |
The Ambassador Hotel, Ltd |
41.00 |
38.20 |
7% |
Tokyo Stock Exchange (JPY) |
Nippon Hotel Fund Investment Corporation |
201,200 |
200,000 |
1% |
Japan Hotel and Resort Inc |
175,300 |
176,000 |
– |
Imperial Hotel, Ltd |
1,888 |
1,853 |
2% |
|
|
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. |