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January 14, 2011 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
More Investment and Industry Experts Commit to CHIC 2011
Tiger Airways Commences Singapore-Taipei Flight Service
First Wyndham Property In India
Conrad Debuts In China
Shanghai Welcomes First ‘Capsule Hotel’
Absolute Share Price Performance, As At 14 January 2011
More Investment and Industry Experts Commit to CHIC 2011 Return to Headlines
China Hotel Investment Conference (CHIC) 2011 promises to stage yet another extraordinary performance in Shanghai, with more noteworthy names added to the speakers’ panel. Recently added executives to the faculty include Michael Issenberg, Chairman, Accor Asia Pacific; Liu Shijun, Deputy Director-General, Department of Quality Standardisation and Administration, China National Tourism Administration; Zheng Weiling, Chairman, Guangdong Hotel Management Holdings Limited; Keith Barr, Managing Director, Greater China, InterContinental Hotels Group (IHG); Chris van der Baar, Chief Operating Officer, InterState China; Yu Meng, Chief Executive Officer, Jinjiang Inn Hotels; Tim Gao, Secretary General, The E-Development Forum on China’s T&T Industry; David Ling, Managing Director, Asia Pacific, HVS Global Hospitality Services; and Steve Rushmore, Chairman and Founder, HVS Global Hospitality Services.

As an industry leader, CHIC 2011 is set to drive the future of investment strategies and trends both domestically and globally. The canvas has been drawn with many exciting presentation topics, bustling evening events and an exhibition that will showcase the latest products and services by leading global organisations. HVS is grateful to patron sponsors, including global leaders Hilton Worldwide, Hyatt, IHG, and Starwood.

CHIC 2011 will be held from 20 to 22 April 2011 at InterContinental Shanghai Puxi, Shanghai, China.

Register and enjoy the early bird rate before 18 February 2011 to save up to US$200. Visit www.chinahotelconference.com for the latest information.

Tiger Airways Commences Singapore-Taipei Flight Service Return to Headlines
Tiger Airways has recently announced the commencement of daily flights between Singapore and Taipei, as well as the increase in its Singapore to Jakarta flight services to a twice-daily frequency. The low-cost carrier has seen strong growth in passengers for its Asian and Australian operations in 2010, with a 32% increase from 2009 to reach approximately 5.8 million passengers. In the coming year, the airline will also be adding an additional nine new Airbus A320s to its current combined fleet of 25 aircraft.
First Wyndham Property In India Return to Headlines
Wyndham Hotel Group, part of Wyndham Worldwide Corporation, has continued its rapid expansion in Asia, this time moving into India with the first Wyndham property for the country. The 394-room Wyndham New Delhi Dwarka Hotel will add to the group’s growing portfolio in the region. The hotel is conveniently situated in the country’s capital, being just four kilometres from the Indira Gandhi International Airport. In addition to facilities such as restaurants, spa and meeting space, the hotel will also have a shopping mall opening alongside it. The Wyndham New Delhi Dwarka Hotel is scheduled to open in April 2011.
Conrad Debuts In China Return to Headlines
Conrad Hotels and Resorts has made its debut in China with the opening of the Conrad Sanya Haitang Bay. The hotel, situated in the new resort area of Haitang Bay on the southern tip of Hainan Island, is a collaboration between Conrad and Wanda Group. The 101-villa luxury property has a French Riviera-style theme, and each of its villas has a private pool, sunlounger and cabana. Guests will have a wide variety of dining options with four restaurants and bars, serving different cuisines and also offering alfresco dining.
Shanghai Welcomes First ‘Capsule Hotel’ Return to Headlines
The first capsule hotel in China has made its way to the Shanghai Railway Station. The hotel follows a popular concept in Japan, providing low budget travellers with cheap accommodation and minimal frills. The 68-unit Xi Tai Capsule Hotel, which only permits men, provides free lockers, a public lavatory, showers and a smoking room. Each unit measures 1.1 metres in breadth and height and 2.2 metres in length, and provides a flat-screen television and free wireless Internet service.
Absolute Share Price Performance, as at 14 January 2011
Closing Share Price as at 14 January 2011 7 January 2011 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited  5.90 6.70 -12%
General Property Group 2.91 2.91
Mirvac Group 1.29 1.23 5%
Ocean Capital Limited 0.26 0.25 4%
Thakral Holdings Group 0.54 0.54
Living and Leisure Australia Group 0.030 0.033 -9%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 4.80 4.92 -2%
Dusit Thani Public Co Ltd 36.50 34.00 7%
The Erawan Group Public Co Ltd 2.38 2.42 -2%
Grande Asset Hotels and Property Public Co Ltd 3.08 3.30 -7%
Laguna Resorts & Hotel Public Co Ltd 57.75 58.00
Minor International Public Co Ltd 11.80 11.80
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development  21.38 23.22 -8%
Beijing Capital Tourism Co Ltd 22.22 22.75 -2%
Jinling Hotel Corporation Ltd 8.96 9.62 -7%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 9.70 9.61 1%
Guangzhou Dong Fang Hotel Co Ltd 9.77 10.52 -7%
Shenzhen Century Plaza Hotel Co Ltd 5.41 5.60 -3%
Home Inns & Hotels Management Inc 37.35 40.23 -7%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 9.50 9.42 1%
Regal Hotels International Holdings Ltd 3.20 3.13 2%
Sino Hotels Holdings Ltd 2.48 2.50 -1%
The Hong Kong & Shanghai Hotels Ltd 14.20 14.08 1%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 99.10 99.10
EIH (Oberoi Hotels & Resorts) 106.45 113.70 -6%
Hotel Leela Ventures 44.45 45.65 -3%
Korea Exchange (KRW)
The Shilla  27,450 28,100 -2%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.50 0.50
Ascott Residence Trust 1.23 1.24 -1%
Banyan Tree Holdings Limited 1.12 1.13 -1%
CDL HTrust  2.10 2.05 2%
Hotel Grand Central Ltd 0.87 0.86 1%
Hotel Properties Ltd 2.79 2.84 -2%
Mandarin Oriental International Ltd (US$) 2.16 2.09 3%
Pan Pacific Hotels Group Limited 1.62 1.64 -1%
Shangri-La Asia Limited (HK$) 22.15 21.50 3%
Stamford Land Corporation Ltd 0.67 0.70 -4%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation  485 491 -1%
The Ambassador Hotel, Ltd  46.15 45.15 2%
Tokyo Stock Exchange (JPY)
Nippon Hotel Fund Investment Corporation  271,000 269,900
Japan Hotel and Resort Inc 280,500 273,500 3%
Imperial Hotel, Ltd  2,020 2,035 -1%
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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