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Featured in this Asia Pacific Hospitality Newsletter |
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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. |
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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. |
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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. |
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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. |
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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. |
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Absolute Share Price Performance, as at
14 January 2011 |
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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% |
NASDAQ (US$) |
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% |
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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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