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February 11, 2011 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
CHIC 2011 Master Series Workshop: Learn the Hotel Development Process from ‘A to Z’
Hyatt’s Andaz Brand Makes Debut In Asia
Okura Enters Thailand’s Hotel Market
ANA Launches New Low-Cost Carrier
Hilton Strengthens Presence In Vietnam With Second Hotel
Absolute Share Price Performance, As At 11 February 2011
CHIC 2011 Master Series Workshop: Learn the Hotel Development
Process from ‘A to Z’
Return to Headlines
In 2010, the annual per capita disposable income of China's urban residents was US$2,900, up 11.3% year-on-year (source: National Bureau of Statistics of China). Chinese citizens are now spending more on travel, contributing to the hotel market boom.

To keep up with and stay ahead of the strong competition, most of you will already have an aggressive development/expansion plan in place for 2011. Whether you are a new or experienced industry player, you will want to ensure that the risks of developing a hotel are reduced and that your ventures are commercially viable.

China Hotel Investment Conference (CHIC) 2011 will discuss some of the questions that may keep you awake at night. A half-day workshop with one of the largest hotel developers in China, a high profile hospitality lawyer, a highly regarded international hotel management company and the world’s leading hospitality investment consulting firm will present the following topics.
  • Introduction to the Hotel Development Process
  • Putting the Hotel Development Plan Together
  • The Positioning and Feasibility of Your Hotel Project
  • Integrating Architectural Design to Technical Specifications
  • Structuring the Deal Right
  • Panel Discussion and Q&A

This series is a first at CHIC and will provide a 360-degree approach to lucrative hotel development and management in China.

Early bird registration has been extended to 25 February 2011. Don’t miss this last chance to save up to US$200 when you register. Visit www.chinahotelconference.com for more information.

Hyatt’s Andaz Brand Makes Debut In Asia Return to Headlines
Andaz, Hyatt Hotels Corporation’s (Hyatt) luxury lifestyle brand, will be debuting in Asia with the opening of the 307-room Andaz Shanghai. The new hotel, to be developed by Metro Land Corp Ltd, will be located in the popular entertainment area of Xintiandi in the city, featuring great accessibility being just within walking distance to the Shanghai Metro. Andaz Shanghai will feature 262 standard rooms measuring 40 square metres each, as well as 45 suites ranging from 82 to 193 square metres. The latest addition adds on to the five Andaz hotels currently located in the USA and the UK.
Okura Enters Thailand’s Hotel Market Return to Headlines
Japanese-based Okura Hotels and Resorts (Okura) is to launch its Okura Prestige brand in Thailand in the spring of 2012. The 242-room Okura Prestige Bangkok, a partnership between TCC Hotels Group Company Limited, Hotel Okura Company Limited and Univentures Public Company Limited, will be situated on Wireless Road, popularly known as ‘Embassy Row’, in Bangkok. Facilities at the hotel include an all-day dining restaurant, a Japanese restaurant and a spa. Okura’s Prestige brand is positioned as a luxury five-star brand and the group aims to expand the brand presence to 20 properties worldwide in the coming five years.
ANA Launches New Low-Cost Carrier Return to Headlines
All Nippon Airways (ANA) plans to tap into the growing Asian tourism sector, especially the Chinese market, with the launch of a low-cost carrier. A&F Aviation Co, a joint venture with Hong Kong-based First Eastern Investment Group, will be based in Osaka's Kansai International Airport, servicing destinations in Asia including China, Japan and South Korea. It has been recently announced that A&F Aviation Co will be leasing ten Airbus SAS A320 aircraft for its operations. The group has indicated that it plans to serve six million passengers within five years on international and domestic routes.
Hilton Strengthens Presence In Vietnam With Second Hotel Return to Headlines
Hilton Worldwide (Hilton) has reached an agreement with local developer Bach Dang Hotel Complex Trading Service Co to open a new Hilton property in Da Nang City, Vietnam. The 226-key Hilton Da Nang, which will be part of a large-scale mixed-use complex, will be the country’s second Hilton, after the Hilton Hanoi Opera. The hotel will feature three food and beverage outlets and also six meeting rooms, with a 450-square-metre ballroom. The Hilton Da Nang is already undergoing construction and is slated to open in 2013.
Absolute Share Price Performance, as at 11 February 2011
Closing Share Price as at 11 February 2011 4 February 2011 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited  6.11 6.17 -1%
General Property Group 3.03 3.05 -1%
Mirvac Group 1.24 1.26 -2%
Ocean Capital Limited 0.26 0.24 8%
Thakral Holdings Group 0.49 0.49 -1%
Living and Leisure Australia Group 0.024 0.026 -8%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 4.56 4.66 -2%
Dusit Thani Public Co Ltd 38.75 37.75 3%
The Erawan Group Public Co Ltd 2.22 2.20 1%
Grande Asset Hotels and Property Public Co Ltd 2.24 2.42 -7%
Laguna Resorts & Hotel Public Co Ltd 55.50 57.50 -3%
Minor International Public Co Ltd 10.30 10.60 -3%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development  20.58 20.09 2%
Beijing Capital Tourism Co Ltd 23.43 23.00 2%
Jinling Hotel Corporation Ltd 9.14 8.97 2%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 10.38 10.04 3%
Guangzhou Dong Fang Hotel Co Ltd 10.16 10.05 1%
Shenzhen Century Plaza Hotel Co Ltd 5.70 5.64 1%
Home Inns & Hotels Management Inc 33.87 34.00
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 9.62 9.70 -1%
Regal Hotels International Holdings Ltd 3.24 3.24
Sino Hotels Holdings Ltd 2.55 2.57 -1%
The Hong Kong & Shanghai Hotels Ltd 14.18 14.02 1%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 80.75 92.45 -13%
EIH (Oberoi Hotels & Resorts) 93.60 100.00 -6%
Hotel Leela Ventures 37.10 40.30 -8%
Korea Exchange (KRW)
The Shilla  27,200 27,850 -2%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.46 0.47 -2%
Ascott Residence Trust 1.18 1.21 -2%
Banyan Tree Holdings Limited 1.12 1.15 -3%
CDL HTrust  2.03 2.07 -2%
Hotel Grand Central Ltd 0.84 0.86 -2%
Hotel Properties Ltd 2.52 2.68 -6%
Mandarin Oriental International Ltd (US$) 2.19 2.22 -1%
Pan Pacific Hotels Group Limited 1.60 1.67 -4%
Shangri-La Asia Limited (HK$) 18.36 19.32 -5%
Stamford Land Corporation Ltd 0.62 0.64 -3%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation  490 505 -3%
The Ambassador Hotel, Ltd  42.00 46.30 -9%
Tokyo Stock Exchange (JPY)
Nippon Hotel Fund Investment Corporation  258,000 262,800 -2%
Japan Hotel and Resort Inc 249,600 257,100 -3%
Imperial Hotel, Ltd  2,250 2,181 3%
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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