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June 4, 2010 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Career Opportunities with HVS – Analysts, Managers and Associate Directors
Shangri-La Hotel, Lhasa To Open In 2012
Hyatt Continues Global Expansion Of Andaz Brand Hotels
Jakarta Airport To Expand Further
WORLDHOTELS Expands Japan Portfolio
InterContinental To Open First Property In Sanya
Absolute Share Price Performance, As At 4 June 2010
Career Opportunities with HVS – Analysts, Managers and Associate Directors Return to Headlines

If you aspire to make a difference in your career, this could be the opportunity for you. We are seeking motivated and responsible individuals to join our consultancy and valuation teams at HVS Beijing, Shanghai and Singapore. Appropriate training will be provided, and ensuing career progression for the suitable candidates.

  • University Degree in hotel or real estate disciplines
  • Good command of written and spoken English and Mandarin
  • Hotel or real estate consultancy/valuation background, an advantage
  • Strong analytical, numeric and meticulous nature
  • High integrity, committed and responsible character
  • Self-starter and willingness to travel as part of the job

Please forward your detailed resume, expected salary and photograph, in confidence, to Mr David Ling at dling@hvs.com.
(Please note that only shortlisted candidates will be notified.)

Shangri-La Hotel, Lhasa To Open In 2012 Return to Headlines
Shangri-La Hotels and Resorts (Shangri-La) will open a new hotel in 2012 in Lhasa, located on the Qinghai-Tibetan plateau, the highest region on earth. The 350-key luxury urban resort, owned and operated by Shangri-La, will be located on Lingkor Road, 1.5 kilometres away from the Potala Palace, a famous 7th century complex at the centre of Lhasa. In addition to 350 rooms, the hotel will feature a variety of dining and entertainment options including an all-day dining restaurant, a Chinese restaurant, a bar and lobby lounge, recreational facilities such as an indoor swimming pool and health club and 1,700 square metres of meeting space.
Hyatt Continues Global Expansion Of Andaz Brand Hotels Return to Headlines
Hyatt Hotels Corporation (Hyatt) has announced the signing of management agreements for three Andaz properties in Sanya Sunny Bay, China, Delhi, India and Providenciales, Turks and Caicos. The 183-room Andaz Sanya Sunny Bay, located in a large-scale mixed-use resort community on Hainan Island in China, will be complemented by the 196-room Park Hyatt Sanya Sunny Bay and branded villas. Slated to open in 2013, Andaz Delhi, a 323-room hotel with an additional 118 Andaz-branded apartments, will be located in India’s second-largest metropolis which is also a leading economic centre.
Jakarta Airport To Expand Further Return to Headlines
The airport authority of Soekarno-Hatta International Airport in Jakarta, Indonesia, plans to further expand the airport's Terminal 3. Upon completion of the approximately US$32 million project, Terminal 3 is expected to be expanded from three piers to five piers. The airport authority is currently drawing up a new design for the expansion project.
WORLDHOTELS Expands Japan Portfolio Return to Headlines
WORLDHOTELS has expanded its Japan portfolio with the addition of four properties from the destination's renowned local chain, RIHGA Royal Hotels, in Osaka, Tokyo, Kyoto and Hiroshima. The 973-key RIHGA Royal Hotel Osaka and 126-key RIHGA Royal Hotel Tokyo have joined WORLDHOTELS's deluxe collection, while the 484-key RIGHA Royal Hotel Kyoto and 488-room RIHGA Hotel Hiroshima have joined the first class collection.
InterContinental To Open First Property In Sanya Return to Headlines
InterContinental Hotels Group (IHG) will open its first InterContinental-branded property in Sanya, China on 1 July 2010. Developed as an eco-friendly resort, InterContinental Sanya Resort will feature 343 rooms, including 24 beachside villas, eight food and beverage outlets and a spa and fitness centre. IHG now has 18 properties under the InterContinental brand in China, including one in Hangzhou and Suzhou which will open this year.
Absolute Share Price Performance, as at 4 June 2010
Closing Share Price as at 4 June 2010 28 May 2010 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited  5.80 5.89 -2%
General Property Group 2.46 2.45
Mirvac Group 1.31 1.29 2%
Ocean Capital Limited 0.25 0.25
Thakral Holdings Group 0.37 0.38 -4%
Living and Leisure Australia Group 0.018 0.020 -10%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 3.98 3.82 4%
Dusit Thani Public Co Ltd 27.50 28.00 -2%
The Erawan Group Public Co Ltd 1.96 2.00 -2%
Grande Asset Hotels and Property Public Co Ltd 1.20 1.28 -6%
Laguna Resorts & Hotel Public Co Ltd 40.50 37.50 8%
Minor International Public Co Ltd 10.10 9.40 7%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development  20.73 19.94 4%
Beijing Capital Tourism Co Ltd 18.00 18.82 -4%
Jinling Hotel Corporation Ltd 7.63 8.11 -6%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 9.54 10.19 -6%
Guangzhou Dong Fang Hotel Co Ltd 10.17 9.39 8%
Shenzhen Century Plaza Hotel Co Ltd 6.08 6.23 -2%
Home Inns & Hotels Management Inc 36.84 38.09 -3%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 7.70 7.59 1%
Regal Hotels International Holdings Ltd 2.92 2.70 8%
Sino Hotels Holdings Ltd 2.30 2.31
The Hong Kong & Shanghai Hotels Ltd 12.58 12.22 3%
Korea Exchange (KRW)
The Shilla  21,600 20,700 4%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.45 0.43 5%
ART Management Limited 1.11 1.05 6%
Banyan Tree Holdings Limited 0.82 0.79 4%
CDL HTrust  1.71 1.76 -3%
Hotel Grand Central Ltd 0.74 0.74
Hotel Properties Ltd 2.37 2.05 16%
Mandarin Oriental International Ltd (US$) 1.40 1.40
Pan Pacific Hotels Group Limited 1.54 1.54
Shangri-La Asia Limited (HK$) 13.40 13.20 2%
Stamford Land Corporation Ltd 0.50 0.47 6%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation  376 333 13%
The Ambassador Hotel, Ltd  36.65 32.90 11%
Tokyo Stock Exchange (JPY)
Nippon Hotel Fund Investment Corporation  198,600 196,100 1%
Japan Hotel and Resort Inc 176,400 171,700 3%
Imperial Hotel, Ltd  1,901 1,920 -1%
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
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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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