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March 26, 2010 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Hotel Investment Conference South Asia (HICSA) - 7-8 April 2010
Hanting Plans For IPO In United States
Four Seasons To Add Four New Properties In India
Macau Authorities To Place Limit On Number Of Gaming Tables
South Korea To Develop Ecotourism Zone Near DMZ
Radisson To Make Debut In Brunei
Absolute Share Price Performance, As At 26 March 2010
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 Hotel Group, 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! | Hotels of The Year Awards
Hanting Plans For IPO In United States Return to Headlines
Hanting Inns and Hotels (Hanting), a China-based budget hotel group, has plans to raise approximately US$100 million through an initial public offering (IPO) in the United States. According to reports, Hanting is expected to issue nine million shares of American Depository Shares. Once the IPO is successful, Hanting will become the third budget hotel group from China to list in the United States after Home Inns and 7 Days Inn.
Four Seasons To Add Four New Properties In India Return to Headlines
Four Seasons Hotels and Resorts (Four Seasons) has announced plans to develop four new properties across India by 2015. The new hotels are likely to comprise two hotels in Bangalore and Gurgaon, and two resorts in Kerala and Jaipur. These hotels are expected to add 1,000 rooms in the market and target the Business and Leisure segments. The developments are part of efforts by Four Seasons to leverage on the resurgent hospitality industry in India. Currently, Four Seasons operates 86 hotels across the globe.
Macau Authorities To Place Limit On Number Of Gaming Tables Return to Headlines
The Macau authorities have announced that a maximum of 500 gaming tables will be allowed to develop over the next three years as Macau targets to diversify its economy. Currently, Macau has approximately 5,000 gaming tables and gaming makes up 70% of Macau’s total revenue. Existing projects such as the Galaxy on Cotai Strip have been included in the existing supply and local analysts are of the opinion that yield on a per table basis is likely to improve in the medium-term.
South Korea To Develop Ecotourism Zone Near DMZ Return to Headlines
The South Korean government has announced plans to develop an ecotourism belt along the demilitarised zone (DMZ) between South Korea and North Korea. The DMZ is approximately 248 kilometres long and four kilometres wide, and is renowned for its richness in biodiversity. An observation centre for monitoring and preservation of natural wildlife forms part of the development plans. In addition, the authorities also have plans to set up parks and meeting centres for students across the borders to interact.
Radisson To Make Debut In Brunei Return to Headlines
Carlson Hotels (Carlson) will introduce its Radisson brand in the capital of Brunei, Bandar Seri Begawan, when it takes over the management of the current Sheraton Utama on 1 May 2010. The 142-key hotel, which is located in downtown Bandar Seri Begawan, will undergo a refurbishment exercise involving its guestrooms and public facilities. The opening of the hotel is in line with Carlson’s plan to add 250 hotels in key and emerging markets by 2015.
Absolute Share Price Performance, as at 26 March 2010
Closing Share Price as at 26 Mar 2010 19 Mar 2010 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited  5.70 5.59 2%
General Property Group 0.57 0.56 1%
Mirvac Group 1.46 1.50 -3%
Ocean Capital Limited 0.26 0.26
Thakral Holdings Group 0.37 0.39 -5%
Living and Leisure Australia Group 0.031 0.030 3%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 4.14 4.16 0%
Dusit Thani Public Co Ltd 27.25 27.75 -2%
The Erawan Group Public Co Ltd 2.38 2.40 -1%
Grande Asset Hotels and Property Public Co Ltd 1.35 1.35
Laguna Resorts & Hotel Public Co Ltd 38.75 38.50 1%
Minor International Public Co Ltd 10.90 11.30 -4%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development  27.96 26.99 4%
Beijing Capital Tourism Co Ltd 21.76 21.65 1%
Jinling Hotel Corporation Ltd 9.48 9.46 0%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 10.90 10.30 6%
Guangzhou Dong Fang Hotel Co Ltd 11.35 11.16 2%
Shenzhen Century Plaza Hotel Co Ltd 7.48 7.53 -1%
Home Inns & Hotels Management Inc 32.39 32.33 0%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 8.25 8.32 -1%
Regal Hotels International Holdings Ltd 3.06 3.09 -1%
Sino Hotels Holdings Ltd 2.30 2.32 -1%
The Hong Kong & Shanghai Hotels Ltd 11.80 11.82 0%
Korea Exchange (KRW)
The Shilla  23,000 22,100 4%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.51 0.52 -2%
ART Management Limited 1.26 1.33 -5%
Banyan Tree Holdings Limited 0.77 0.78 -1%
CDL HTrust  1.76 1.76
Hotel Grand Central Ltd 0.84 0.82 2%
Hotel Properties Ltd 2.23 2.17 3%
Mandarin Oriental International Ltd (US$) 1.42 1.38 3%
Pan Pacific Hotels Group Limited 1.58 1.55 2%
Shangri-La Asia Limited (HK$) 14.82 15.02 -1%
Stamford Land Corporation Ltd 0.46 0.45 2%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation  348 343 2%
The Ambassador Hotel, Ltd  35.70 35.95 -1%
Tokyo Stock Exchange (JPY)
Nippon Hotel Fund Investment Corporation  150,200 148,000 1%
Japan Hotel and Resort Inc 129,400 129,400 0%
Imperial Hotel, Ltd  1,807 1,700 6%
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