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Featured in this Asia Pacific Hospitality Newsletter |
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CHIC 2011 Master Series Workshop: Learn the Hotel Development
Process from ‘A to Z’ |
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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. |
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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. |
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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. |
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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. |
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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. |
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Absolute Share Price Performance, as at
11 February 2011 |
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Closing Share Price as at |
11 February 2011 |
4 February 2011 |
% Change |
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Australia Stock Exchange (ASX) |
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Amalgamated Holdings Limited |
6.11 |
6.17 |
-1% |
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General Property Group |
3.03 |
3.05 |
-1% |
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Mirvac Group |
1.24 |
1.26 |
-2% |
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Ocean Capital Limited |
0.26 |
0.24 |
8% |
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Thakral Holdings Group |
0.49 |
0.49 |
-1% |
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Living and Leisure Australia Group |
0.024 |
0.026 |
-8% |
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Bangkok Stock Exchange (THB) |
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Central Plaza Hotel Public Co Ltd |
4.56 |
4.66 |
-2% |
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Dusit Thani Public Co Ltd |
38.75 |
37.75 |
3% |
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The Erawan Group Public Co Ltd |
2.22 |
2.20 |
1% |
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Grande Asset Hotels and Property Public Co Ltd |
2.24 |
2.42 |
-7% |
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Laguna Resorts & Hotel Public Co Ltd |
55.50 |
57.50 |
-3% |
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Minor International Public Co Ltd |
10.30 |
10.60 |
-3% |
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China Shanghai Stock Exchange (RMB) |
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Shanghai Jinjiang International Hotels Development |
20.58 |
20.09 |
2% |
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Beijing Capital Tourism Co Ltd |
23.43 |
23.00 |
2% |
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Jinling Hotel Corporation Ltd |
9.14 |
8.97 |
2% |
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China Shenzhen Stock Exchange (RMB) |
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Hunan Huatian Great Hotel Co Ltd |
10.38 |
10.04 |
3% |
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Guangzhou Dong Fang Hotel Co Ltd |
10.16 |
10.05 |
1% |
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Shenzhen Century Plaza Hotel Co Ltd |
5.70 |
5.64 |
1% |
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NASDAQ (US$) |
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Home Inns & Hotels Management Inc |
33.87 |
34.00 |
– |
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Hong Kong Stock Exchange (HK$) |
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Miramar Hotel & Investment Co Ltd |
9.62 |
9.70 |
-1% |
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Regal Hotels International Holdings Ltd |
3.24 |
3.24 |
– |
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Sino Hotels Holdings Ltd |
2.55 |
2.57 |
-1% |
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The Hong Kong & Shanghai Hotels Ltd |
14.18 |
14.02 |
1% |
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Bombay Stock Exchange (INR) |
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IHCL (Taj Hotels, Resorts & Palaces) |
80.75 |
92.45 |
-13% |
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EIH (Oberoi Hotels & Resorts) |
93.60 |
100.00 |
-6% |
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Hotel Leela Ventures |
37.10 |
40.30 |
-8% |
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Korea Exchange (KRW) |
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The Shilla |
27,200 |
27,850 |
-2% |
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Singapore Stock Exchange (S$) |
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Amara Holdings Ltd |
0.46 |
0.47 |
-2% |
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Ascott Residence Trust |
1.18 |
1.21 |
-2% |
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Banyan Tree Holdings Limited |
1.12 |
1.15 |
-3% |
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CDL HTrust |
2.03 |
2.07 |
-2% |
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Hotel Grand Central Ltd |
0.84 |
0.86 |
-2% |
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Hotel Properties Ltd |
2.52 |
2.68 |
-6% |
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Mandarin Oriental International Ltd (US$) |
2.19 |
2.22 |
-1% |
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Pan Pacific Hotels Group Limited |
1.60 |
1.67 |
-4% |
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Shangri-La Asia Limited (HK$) |
18.36 |
19.32 |
-5% |
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Stamford Land Corporation Ltd |
0.62 |
0.64 |
-3% |
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Taiwan Stock Exchange (NT$) |
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Formosa International Hotels Corporation |
490 |
505 |
-3% |
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The Ambassador Hotel, Ltd |
42.00 |
46.30 |
-9% |
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Tokyo Stock Exchange (JPY) |
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Nippon Hotel Fund Investment Corporation |
258,000 |
262,800 |
-2% |
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Japan Hotel and Resort Inc |
249,600 |
257,100 |
-3% |
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Imperial Hotel, Ltd |
2,250 |
2,181 |
3% |
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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. |
