|
Featured in this Asia Pacific Hospitality Newsletter |
|
|
|
|
|
|
China Vanke Company Limited is partnering Solis Hotels & Resorts
to debut the first Solis property in China. The flagship
200-room Solis Vanke Centre, Shenzhen will be located in the
popular resort area of Yantian, offering guests convenient
access to Dameisha Beach, and other amenities such as theme
parks, golf courses, and business and shopping centres. The
property will be directly connected to the 8,000-square-metre
Vanke International Conference Centre, which offers among other
meeting facilities, a 1,100-square-metre grand ballroom. The
project will be completed in two phases, with the conference
centre opening end of June this year, followed by the hotel
opening during the second quarter of 2012. |
|
|
|
|
Nepal is exploring the possibility of opening a second
international airport in the country. Korean-based Landmark
Worldwide has submitted a feasibility study for a new airport to
be located in Nijgadh in Bara District of southern Nepal. The
proposed airport will feature a 75,500-square-metre passenger
terminal with six boarding gates, and will come at an estimated
cost of approximately US$650 million. If the project is
approved, the proposed airport could be ready as early as 2015.
Nepal’s Ministry of Tourism and Civil Aviation has commented
that the new airport will be well-placed to address the
overcrowding issue currently faced by the Tribhuvan
International Airport in Kathmandu. |
|
|
|
|
Sofitel will be making its foray into the Guangzhou hotel market
in May 2011 with the 493-room Sofitel Guangzhou Sunrich. The
property is located within Tianhe District, amid upscale
shopping malls and proximate to the CITIC Plaza and the
Guangzhou East Railway Station. Facilities at the hotel include
five bars and restaurants, 17 meeting rooms and a
900-square-metre grand ballroom. The Sofitel Guangzhou Sunrich
will be soft opening on 18 May 2011 while the grand opening is
scheduled to take place on 10 June 2011. |
|
|
|
|
|
Oberoi Group has announced the opening of the 202-key The Oberoi,
Gurgaon in the district of Gurgaon in New Delhi, National
Capital Region. The hotel, which is conveniently located just 15
minutes away from the international airport, offers the city’s
first luxurious suites with private heated pools and also the
city's first 24-hour spa. Other highlights of The Oberoi,
Gurgaon include India's first ‘jewel box’ lobby adjacent to a
reflection pool and the world's largest green wall. The Oberoi
Group, founded in 1934, operates 32 hotels and cruisers under
the luxury Oberoi and five-star Trident brands in India, Egypt,
Mauritius, Indonesia and Saudi Arabia. |
|
|
|
|
Jakarta-based carrier, Lion Air, is planning to boost its Bali
network by launching a series of new routes. These new routes
will be covering destinations in Japan, China and Australia,
with flights connecting Bali’s Ngurah Rai International Airport
with Fukuoka, Guangzhou and Melbourne from 2012 onwards. To do
so, Lion Air will have to increase the capacity of the fuel
tanks on eight of its medium-range aircraft. The new routes will
expand the carrier’s network, which currently includes several
international routes to destinations including Jeddah, Ho Chi
Minh City, Kuala Lumpur, Penang and Singapore. |
|
|
|
Absolute Share Price Performance, as at
22 April 2011 |
|
Closing Share Price as at |
22 April 2011 |
15 April 2011 |
% Change |
Australia Stock Exchange (ASX) |
Amalgamated Holdings Limited |
6.19 |
6.03 |
3% |
General Property Group |
3.15 |
3.07 |
3% |
Mirvac Group |
1.26 |
1.25 |
– |
Ocean Capital Limited |
0.19 |
0.19 |
– |
Thakral Holdings Group |
0.46 |
0.48 |
-5% |
Living and Leisure Australia Group |
0.024 |
0.029 |
-17% |
Bangkok Stock Exchange (THB) |
Central Plaza Hotel Public Co Ltd |
6.40 |
5.60 |
14% |
Dusit Thani Public Co Ltd |
38.50 |
35.75 |
8% |
The Erawan Group Public Co Ltd |
2.60 |
2.42 |
7% |
Grande Asset Hotels and Property Public Co Ltd |
2.38 |
2.34 |
2% |
Laguna Resorts & Hotel Public Co Ltd |
71.75 |
70.75 |
1% |
Minor International Public Co Ltd |
12.00 |
11.80 |
2% |
China Shanghai Stock Exchange (RMB) |
Shanghai Jinjiang International Hotels Development |
21.26 |
20.62 |
3% |
Beijing Capital Tourism Co Ltd |
23.01 |
21.89 |
5% |
Jinling Hotel Corporation Ltd |
10.73 |
10.75 |
– |
China Shenzhen Stock Exchange (RMB) |
Hunan Huatian Great Hotel Co Ltd |
7.70 |
7.61 |
1% |
Guangzhou Dong Fang Hotel Co Ltd |
12.45 |
12.45 |
– |
Shenzhen Century Plaza Hotel Co Ltd |
6.58 |
6.63 |
-1% |
NASDAQ (US$) |
Home Inns & Hotels Management Inc |
44.48 |
43.20 |
3% |
Hong Kong Stock Exchange (HK$) |
Miramar Hotel & Investment Co Ltd |
9.52 |
9.60 |
-1% |
Regal Hotels International Holdings Ltd |
3.48 |
3.55 |
-2% |
Sino Hotels Holdings Ltd |
2.47 |
2.45 |
1% |
The Hong Kong & Shanghai Hotels Ltd |
13.80 |
13.56 |
2% |
Shangri-La Asia Limited |
22.00 |
21.25 |
4% |
Bombay Stock Exchange (INR) |
IHCL (Taj Hotels, Resorts & Palaces) |
86.95 |
88.15 |
-1% |
EIH (Oberoi Hotels & Resorts) |
89.45 |
90.75 |
-1% |
Hotel Leela Ventures |
42.10 |
41.15 |
2% |
Korea Exchange (KRW) |
The Shilla |
24,250 |
24,350 |
– |
Singapore Stock Exchange (S$) |
Amara Holdings Ltd |
0.44 |
0.44 |
– |
Ascott Residence Trust |
1.21 |
1.17 |
3% |
Banyan Tree Holdings Limited |
0.94 |
0.92 |
2% |
CDL HTrust |
2.03 |
2.03 |
– |
Hotel Grand Central Ltd |
0.83 |
0.82 |
1% |
Hotel Properties Ltd |
2.49 |
2.48 |
– |
Mandarin Oriental International Ltd (US$) |
2.08 |
2.08 |
– |
Pan Pacific Hotels Group Limited |
1.88 |
1.85 |
2% |
Stamford Land Corporation Ltd |
0.63 |
0.63 |
– |
Taiwan Stock Exchange (NT$) |
Formosa International Hotels Corporation |
530 |
514 |
3% |
The Ambassador Hotel, Ltd |
47.70 |
44.40 |
7% |
Tokyo Stock Exchange (JPY) |
Nippon Hotel Fund Investment Corporation |
285,500 |
270,000 |
6% |
Japan Hotel and Resort Inc |
184,800 |
181,000 |
2% |
Imperial Hotel, Ltd |
2,055 |
1,950 |
5% |
|
|
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. |