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Featured in this Asia Pacific Hospitality Newsletter |
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HVS India announces the 7th annual Hotel Investment
Conference - South Asia (HICSA) 2011 to be held on April
6-7, 2011 at the Grand Hyatt, Mumbai
HICSA
2011 promises some of the most illustrious global
influencers - with 15 of them already committing to their
presence – Brett Butcher, Chief Executive Officer, Langham
Hotels International, Christopher J Nassetta, President &
CEO, Hilton Worldwide, Denis Hennequin, Chairman & CEO,
Accor Corporation, Frits Van Paasschen, President & CEO,
Starwood Hotels and Resorts, Hubert Joly, President & CEO,
Carlson, Jean Gabriel Peres, President & CEO, Moevenpick
Hotels & Resorts, Nakul Anand, Executive Director, ITC Ltd.,
Ralf Ohletz Count von Plettenberg, President, Regent Hotels
& Resorts, Raymond Bickson, Managing Director & CEO, Taj
Hotels Resorts and Palaces, Simon F Cooper, President & MD
Asia Pacific, Marriott International and Dr. Vijay Mallya,
Chairman, United Breweries Group and Kingfisher Airlines.
HICSA audience typically comprises of hoteliers, investors,
bankers, developers, architects and interior designers.
HICSA 2011 yet again promises new business opportunities,
amazing networking, trends for the future and global
strategies that pledge to take hospitality in South Asia to
a new qualitative and quantitative level.
View
HICSA Website |
REGISTER NOW! |
Partners |
Download Brochure |
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20–22 April, InterContinental Puxi Shanghai
Mr
Tony Nash, Global Director of the renowned Economist
Intelligence Unit, will deliver the inaugural research
paper, highlighting those cities or provinces in China that
will likely experience exponential economic growth in the
coming years – valuable insights for many of us on the
markets where we could focus our energy in driving our
businesses going forward.
Prominent global and regional leaders of the hospitality
industry will also share their success stories and
strategies in growing their businesses exponentially in
their home country and the global markets. Confirmed
speakers include Mr Chris Nassetta, President and CEO of
Hilton Worldwide, who will deliver the keynote speech. Mr
Hubert Joly, President, CEO and Director of Carlson, Mr
Simon Cooper, President and MD of Marriott International
Asia Pacific, Mr Michael Issenberg, Chairman of Accor Asia
Pacific, and other prominent leaders will join in on a panel
discussion on their vision and strategies in realising
exponential growth.
A selection of visionary speakers will also be sharing
their insights on China to help us better understand the
tourism policies and trends (Mr Liu Shijun, Deputy
Director-General of Department of Quality Standardisation
and Administration, China National Tourism Administration)
and Chinese consumer trends (Mr Vinay Dixit, Senior Director
of McKinsey & Company and Mr Guo Dongjie, Vice President of
Ctrip).
Complementary topics have also been planned – Insights
into Improving Your Hotel Operations and Profitability,
Developing Large-scale Resort Destinations, Creating
Synergies within Mixed-use Complexes, Investing in Serviced
Residences, China Hotel Market Update, and so forth.
Distinguished panels of chief executives from major real
estate development companies in China will also be
discussing on their business models for building up
successful hotel investment portfolios in China.
Networking is high on the agenda through our spectacular
evening receptions in posh hotels, sponsors’ exhibition,
conference lunches and coffee breaks – all lined up for you
to connect with prospective partners, clients and service
providers. Do not miss this window of opportunities in
China. Join us to connect and explore ideas and strategies
to bring your businesses to new heights in 2011!
For further information, please visit
www.chinahotelconference.com. |
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Pilot Scheme For Mainland Chinese Citizens To Travel To Taiwan
Individually |
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China has plans to embark on a pilot scheme, to be launched
during the second quarter of 2011, to allow its citizens to
visit Taiwan individually. Currently, mainland Chinese
tourists are only allowed to travel to Taiwan with tour
groups for a maximum stay of 15 days. The pilot scheme will
first apply to residents from cities such as Beijing and
Shanghai. With the easing of travel restrictions between
China and Taiwan, mainland tourist arrivals to Taiwan have
grown tremendously, with arrivals reaching 1.6 million in
2010, according to the Tourism Bureau Ministry of
Transportation and Communications of Taiwan. |
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Spanish-based Sol Meliá Hotels and Resorts (Sol Meliá) and Jin
Jiang International Hotel Company (Jin Jiang) have signed a
strategic agreement to explore opportunities for growth in
China and Europe. The collaboration between the two hotel
groups will cover areas such as hotel development, marketing
and sales, reservation systems and loyalty programmes. The
partnership in the China market will include six hotels
managed by Jin Jiang in major Chinese cities, such as the
Jin Jiang Tower and Marvel Hotel in Shanghai and the Jin
Jiang Sanya Royal Garden Resort. For the European market, it
will include hotels such as the Meliá Barcelona in Spain and
the Meliá White House in London. |
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InterContinental Hotels Group (IHG) has announced plans to
grow the presence of its Hotel Indigo brand in Thailand,
with a new property in the resort destination of Phuket. The
upscale Hotel Indigo Phuket Naithon Beach Resort will be the
brand’s second property in Thailand, after the 188-room
Hotel Indigo Bangkok Wireless Road, which is targeted to
open in 2012. Located at the northern end of the island on
Nai Thon Beach, the hotel will provide beachfront access to
its guests. The hotel is also conveniently located just 15
minutes away from the Phuket International Airport. The
Hotel Indigo Phuket Naithon Beach Resort, which will feature
120 rooms and 15 villas, is slated to open on 1 June 2014. |
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Hilton Worldwide (Hilton) will be collaborating with Zhejiang
Jiacheng Holding Group to bring in two new Hilton properties to
Zhejiang Province in China. The management agreements include
the launch of DoubleTree by Hilton, Shaoxing County and the
first Garden Inn branded property in China, the Hilton Garden
Inn Shaoxing. The entry of the Garden Inn brand in the country
is part of the group’s strategy to target the growing mid-scale
hotel market. The 137-room Hilton Garden Inn Shaoxing, slated to
open later in 2011, will be a conversion project of an existing
building while the DoubleTree by Hilton, Shaoxing County, to be
opened end of 2013, will be part of a mixed-used development. |
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Absolute Share Price Performance, as at
25 February 2011 |
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Closing Share Price as at |
25 February 2011 |
18 February 2011 |
% Change |
Australia Stock Exchange (ASX) |
Amalgamated Holdings Limited |
6.26 |
6.09 |
3% |
General Property Group |
3.10 |
3.16 |
-2% |
Mirvac Group |
1.30 |
1.28 |
1% |
Ocean Capital Limited |
0.20 |
0.20 |
– |
Thakral Holdings Group |
0.50 |
0.50 |
– |
Living and Leisure Australia Group |
0.029 |
0.027 |
7% |
Bangkok Stock Exchange (THB) |
Central Plaza Hotel Public Co Ltd |
4.76 |
4.68 |
2% |
Dusit Thani Public Co Ltd |
39.50 |
38.75 |
2% |
The Erawan Group Public Co Ltd |
2.18 |
2.24 |
-3% |
Grande Asset Hotels and Property Public Co Ltd |
2.40 |
2.46 |
-2% |
Laguna Resorts & Hotel Public Co Ltd |
63.75 |
58.00 |
10% |
Minor International Public Co Ltd |
10.50 |
10.90 |
-4% |
China Shanghai Stock Exchange (RMB) |
Shanghai Jinjiang International Hotels Development |
21.53 |
22.02 |
-2% |
Beijing Capital Tourism Co Ltd |
24.20 |
24.06 |
1% |
Jinling Hotel Corporation Ltd |
9.36 |
9.32 |
– |
China Shenzhen Stock Exchange (RMB) |
Hunan Huatian Great Hotel Co Ltd |
10.00 |
10.38 |
-4% |
Guangzhou Dong Fang Hotel Co Ltd |
10.30 |
10.53 |
-2% |
Shenzhen Century Plaza Hotel Co Ltd |
5.96 |
6.05 |
-1% |
NASDAQ (US$) |
Home Inns & Hotels Management Inc |
33.58 |
34.19 |
-2% |
Hong Kong Stock Exchange (HK$) |
Miramar Hotel & Investment Co Ltd |
9.40 |
9.70 |
-3% |
Regal Hotels International Holdings Ltd |
3.11 |
3.24 |
-4% |
Sino Hotels Holdings Ltd |
2.80 |
2.69 |
4% |
The Hong Kong & Shanghai Hotels Ltd |
13.20 |
14.06 |
-6% |
Bombay Stock Exchange (INR) |
IHCL (Taj Hotels, Resorts & Palaces) |
79.25 |
81.60 |
-3% |
EIH (Oberoi Hotels & Resorts) |
80.55 |
104.10 |
-23% |
Hotel Leela Ventures |
36.75 |
38.90 |
-6% |
Korea Exchange (KRW) |
The Shilla |
27,550 |
28,250 |
-2% |
Singapore Stock Exchange (S$) |
Amara Holdings Ltd |
0.44 |
0.46 |
-4% |
Ascott Residence Trust |
1.19 |
1.21 |
-2% |
Banyan Tree Holdings Limited |
1.03 |
1.11 |
-7% |
CDL HTrust |
1.97 |
2.03 |
-3% |
Hotel Grand Central Ltd |
0.82 |
0.84 |
-2% |
Hotel Properties Ltd |
2.40 |
2.58 |
-7% |
Mandarin Oriental International Ltd (US$) |
2.02 |
2.12 |
-5% |
Pan Pacific Hotels Group Limited |
1.61 |
1.61 |
– |
Shangri-La Asia Limited (HK$) |
17.60 |
19.12 |
-8% |
Stamford Land Corporation Ltd |
0.62 |
0.64 |
-3% |
Taiwan Stock Exchange (NT$) |
Formosa International Hotels Corporation |
492 |
491 |
– |
The Ambassador Hotel, Ltd |
42.00 |
42.00 |
– |
Tokyo Stock Exchange (JPY) |
Nippon Hotel Fund Investment Corporation |
267,500 |
257,600 |
4% |
Japan Hotel and Resort Inc |
256,800 |
254,500 |
1% |
Imperial Hotel, Ltd |
2,338 |
2,331 |
– |
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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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