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Featured in this Asia Pacific Hospitality Newsletter |
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 Most
Influential Hotel Investment Conference in China
Expand Your Investment in China with CHIC and Set Your
Sights Beyond At the World Expo
Taking place from 12 to 14 May at the InterContinental
Shanghai Puxi, China Hotel Investment Conference (CHIC) 2010
brings you more than influential speakers, hot topics and
industry movers and shakers to expand your investment
portfolio in China.
With CHIC 2010, you are in the right place at the right
time, and have the right company to attend the World Expo
2010 Shanghai with as you exchange ideas gained from
visiting innovative and stimulating pavilions from some 200
nations.
Designed exclusively for CHIC’s delegates are
post-conference World Expo tours with varying options for
you to explore sustainable and harmonious urban living in
the 21st century, themed ‘Better City, Better Life’. Visit
the World Expo website for details.
CHIC promises a more exciting and improved conference
programme in which you are warmly invited to participate in
our first-ever high impact speed networking event – Get the
Most in 15 Minutes!
Wednesday, 12 May 2010
Meet new contacts and seize business opportunities in a fun
way! Get the Most in 15 Minutes is a high-energy networking
activity created to meet the needs of our delegates to share
ideas and make connections in the shortest time possible!
Join us to soak up the incredible buzz and fun! All you need
is your gift of the gab and a huge stack of business cards.
Get the Most in 15 Minutes is only the warm-up activity, as
CHIC has lined up more networking opportunities for you to
engage with the contacts you have connected with during the
speed networking event, and those whom you may have missed.
Grand Opening Reception, Wednesday, 12 May 2010
Hosted at the newly opened InterContinental Shanghai Puxi by
InterContinental Hotels Group, you can expect a fabulous and
fun evening to toast the grand opening of CHIC 2010.
Opening Gala Cocktail Reception, Thursday, 13 May 2010
Enjoy the relaxing atmosphere and party to your fullest at
Hyatt on the Bund at this cocktail reception sponsored by
Hyatt Hotels and Resorts.
You can’t afford to miss these dynamic and innovative
networking opportunities that are exclusively designed for
you to explore and increase your investment interests in
China. Visit
www.chinahotelconference.com for details and
register.
For further assistance, please call tel: +86 21 5171 7003 or
email:
[email protected]. |
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 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! |
Hotels of The Year Awards |
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Luxury hotel chain, Hotel Leelaventure, is planning to invest
approximately US$297 million by 2015 to develop new hotels
in areas such as New Delhi, Agra and Pune in India. A
portion of the investment, approximately US$121 million, is
expected to be raised through foreign currency convertible
bonds by middle of 2010; raising capital through qualified
institutional placement of shares is also being considered.
The chain’s 260-key The Leela Palace Kempinski New Delhi is
scheduled to commence operations before the Commonwealth
Games in October 2010. |
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The number of international arrivals to Indonesia recorded
approximately 493,000 in January 2010, reflecting a 4.2%
growth from 473,200 arrivals recorded in January 2009. In
addition, the number of international and domestic
passengers on domestic airlines registered a 22% growth in
January 2010 as compared to the same period in 2009,
recording approximately 3.3 million passengers. Bali,
Indonesia’s main tourist destination, witnessed a 2.2%
increase to 178,358 international arrivals. |
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| It was reported that there are at least 12 five-star hotels currently under construction within the main districts of Tianhe, Yuexiu and Haizhu in Guangzhou in anticipation of the Asian Games in November 2010. New hotels include W Hotel Guangzhou, Marriott Grandview Plaza and Sheraton Guangzhou Hotel and these hotels are expected to add a total of 4,675 rooms to the city’s existing inventory of 8,117 rooms. In 2009, Guangzhou recorded a Gross Domestic Product of approximately US$133.3 billion, reflecting an 11.5% growth from 2008. |
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According to the Pacific Asia Travel Association (PATA), the
Asia Pacific region recorded a 3% decline in the number of
international arrivals in 2009 as compared to 2008.
International arrivals declined by 6% in the first six
months of 2009 and this was compensated by the 1% growth in
arrivals for the second half of the year. The Southeast Asia
region was the only sub region to have recorded growth for
the full year as arrivals to Northeast Asia and India fell
by 2% and 3%, respectively. Growth in international arrivals
for Asia Pacific is expected to be gradual in the
short-term. |
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The Sri Lankan tourism authorities have announced plans to
develop the northwestern Kalpitiya region into an ecotourism
destination. The region, comprising six individual islands
accessible by 20-minute boat rides, offers connection to the
Northern Province which was recently opened to the public
following the end of the civil war. The proximity of the
Kalpitiya region to the Bandaranaike International Airport
and Yala National Park, and its natural coastal environment
have been identified as critical factors for the selection
of the region to be developed. |
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According to the Finance Ministry, Malaysia is expected to
witness economic growth in 2010 driven primarily by the
growth in domestic demand and improving commodity prices.
Hence, property transactions and construction activities are
expected to increase, in line with economic growth. Measures
such as the liberalisation of Foreign Investment Committee
guidelines and the review of the Real Property Gains Tax are
expected to boost the real estate market. In addition, the
authorities have pledged to clamp down on developers and
companies which were involved in projects which have been
abandoned and not completed on schedule. |
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Absolute Share Price Performance, as at
5 March 2010 |
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Closing Share Price as at |
5 Mar 2010 |
26 Feb 2010 |
% Change |
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Australia Stock Exchange (ASX) |
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Amalgamated Holdings Limited |
5.64 |
5.67 |
-1% |
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General Property Group |
0.60 |
0.58 |
3% |
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Mirvac Group |
1.58 |
1.53 |
3% |
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Ocean Capital Limited |
0.35 |
0.35 |
– |
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Thakral Holdings Group |
0.37 |
0.35 |
6% |
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Living and Leisure Australia Group |
0.030 |
0.030 |
– |
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Bangkok Stock Exchange (THB) |
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Central Plaza Hotel Public Co Ltd |
4.12 |
4.00 |
3% |
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Dusit Thani Public Co Ltd |
27.75 |
25.75 |
8% |
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The Erawan Group Public Co Ltd |
2.34 |
2.26 |
4% |
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Grande Asset Hotels and Property Public Co Ltd |
1.17 |
1.25 |
-6% |
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Laguna Resorts & Hotel Public Co Ltd |
38.00 |
38.50 |
-1% |
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Minor International Public Co Ltd |
11.10 |
10.60 |
5% |
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China Shanghai Stock Exchange (RMB) |
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Shanghai Jinjiang International Hotels Development |
26.81 |
27.79 |
-4% |
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Beijing Capital Tourism Co Ltd |
21.60 |
23.10 |
-6% |
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Jinling Hotel Corporation Ltd |
9.34 |
9.38 |
0% |
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China Shenzhen Stock Exchange (RMB) |
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Hunan Huatian Great Hotel Co Ltd |
9.99 |
10.12 |
-1% |
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Guangzhou Dong Fang Hotel Co Ltd |
11.30 |
10.60 |
7% |
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Shenzhen Century Plaza Hotel Co Ltd |
7.73 |
7.85 |
-2% |
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NASDAQ (US$) |
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Home Inns & Hotels Management Inc |
34.99 |
33.57 |
4% |
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Hong Kong Stock Exchange (HK$) |
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Miramar Hotel & Investment Co Ltd |
8.24 |
8.10 |
2% |
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Regal Hotels International Holdings Ltd |
2.87 |
2.80 |
3% |
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Sino Hotels Holdings Ltd |
2.23 |
2.30 |
-3% |
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The Hong Kong & Shanghai Hotels Ltd |
10.84 |
10.84 |
– |
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Korea Exchange (KRW) |
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The Shilla |
21,500 |
20,000 |
8% |
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Singapore Stock Exchange (S$) |
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Amara Holdings Ltd |
0.49 |
0.49 |
0% |
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ART Management Limited |
1.23 |
1.14 |
8% |
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Banyan Tree Holdings Limited |
0.74 |
0.69 |
7% |
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CDL HTrust |
1.68 |
1.69 |
-1% |
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Hotel Grand Central Ltd |
0.75 |
0.75 |
– |
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Hotel Properties Ltd |
2.05 |
1.97 |
4% |
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Mandarin Oriental International Ltd (US$) |
1.43 |
1.42 |
1% |
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Pan Pacific Hotels Group Limited |
1.54 |
1.53 |
1% |
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Shangri-La Asia Limited (HK$) |
13.30 |
12.64 |
5% |
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Stamford Land Corporation Ltd |
0.43 |
0.44 |
-2% |
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Taiwan Stock Exchange (NT$) |
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Formosa International Hotels Corporation |
348 |
340 |
2% |
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The Ambassador Hotel, Ltd |
33.95 |
33.50 |
1% |
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Tokyo Stock Exchange (JPY) |
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Nippon Hotel Fund Investment Corporation |
145,700 |
145,800 |
0% |
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Japan Hotel and Resort Inc |
130,000 |
130,200 |
0% |
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Imperial Hotel, Ltd |
1,635 |
1,630 |
0% |
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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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