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March 11, 2011 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Seizing The Opportunity For Hotel Development
New Mercure Hotel In Sydney, Australia
Forbes Travel Guide To Launch Ratings For Singapore Hotels
Additional Flights On Australian And New Zealand Routes For Thai Airways
Banyan Tree Makes Its Debut In Macau
Absolute Share Price Performance, As At 11 March 2011
Seizing The Opportunity For Hotel Development Return to Headlines

Right before the 2011 Chinese New Year, China's State Council issued a series of regulations, stipulating that cities, especially those with high housing prices, must issue detailed purchasing restrictions on housing by the middle of February.

After Beijing first unveiled its toughest measures ever, more than a dozen Chinese cities, including Shanghai, Tianjin, Shenzhen, Nanjing and Shijiazhuang, have capped the number of apartments a family can buy, making it harder for non-residents to buy apartments for investment purposes.

For many hotel developers, however, the situation presents a multitude of opportunities as mixed-use development projects, which minimise investment risks by creating synergies and most importantly, are not affected by these regulations, are now attracting more domestic and global investors.

At the 7th edition of China Hotel Investment Conference (CHIC 2011), we will present two special panels to help you seize the opportunity for hotel development. In the Creating Synergies within Mixed-Use Complex panel, top developers will share their insights into the current market and how mixed-use projects help maximise the investment returns. Presenters include Ho Ren Hua, Executive Director - Corporate Development, Banyan Tree Holdings Limited; Zhang Wei, Director of Hotel Development, China Resources (Shenzhen) Co Ltd; Fu Xiaolin, General Manager, Hangzhou Greentown Hotel Management Co Ltd; Nong Xia, Senior Vice President - Real Estate & Development, Hyatt Hotels & Resorts; and Robert Zheng, Vice President, Development, Asia Pacific, WATG.

We have also invited top global investors in the Searching for Strategic Deals and Partnerships panel to share their acquisition targets and criteria for investment in China. Panellists include Jason Kern, Managing Director, Head of Real Estate Advisory, HSBC Hong Kong; Robert Naso, Managing Director, Morgan Stanley Merchant Banking; Ricco DeBlank, Chief Executive Officer - Hotel Division, Sun Hung Kai Properties; Jill Hellman, Managing Director, China, Thayer Lodging Group; and Gerald Yong, Managing Director, Ascott China Fund and Senior Vice President for Business Development and Asset Management, The Ascott Group North Asia.

Also, a string of sessions and panels will be presented to help you learn every aspect of hotel investment and development.

Register now or visit www.chinahotelconference.com for more information.

New Mercure Hotel In Sydney, Australia Return to Headlines

Accor group has announced that Mercure Sydney Potts Point will be opening in March 2011. The hotel, which is located in the heart of the Potts Point and Kings Cross entertainment precinct, was formerly The Crest. Mercure Sydney Potts Point will offer 227 guestrooms and two food and beverage outlets. The rebranding of the hotel comes as Potts Point undergoes a major makeover to become one of Sydney’s up-and-coming communities. Mercure is the largest mid-market hotel brand in Australia, with 28 hotels across the country and more than 670 hotels in 50 countries globally.

Forbes Travel Guide To Launch Ratings For Singapore Hotels Return to Headlines

Forbes Travel Guide, which created the prestigious Five-Star ratings and certifications programme, has announced that it will launch its first ever hotel and spa ratings for Singapore in April 2011. The ratings are based on objective evaluations of more than 500 attributes at each rated property. The proposed Forbes Travel Guide ratings come at a time when Singapore’s tourism industry is booming, with the hosting of the Youth Olympic Games in 2010 and the opening of the two integrated resorts. Singapore is the fourth Asian country to receive Forbes Travel Guide's Five-Star ratings.

Additional Flights On Australian And New Zealand Routes For Thai Airways Return to Headlines

Starting from the summer of 2011, Thai Airways International will be increasing its flights for its Australia and New Zealand routes. Starting from 16 April, the airline will up its Bangkok-Brisbane services from five flights per week to daily flights. Likewise, it will also increase its five-weekly Bangkok-Auckland services to daily flights from 17 June onwards. On top of these, Thai Airways will also be boosting its Milan and Hong Kong flight services.

Banyan Tree Makes Its Debut In Macau Return to Headlines

Banyan Tree Hotels and Resorts will mark its entry into the Macau hotel market with the upcoming opening of its resort in Cotai City. The all-suite Banyan Tree Macau will be part of the Galaxy Macau, an integrated resort development with over 50 restaurants and bars, retail, and gaming and entertainment facilities. The resort offers 246 suites, with each of them having its own private indoor relaxation pool. Other facilities at the resort include a grand ballroom that can accommodate up to 1,200 people and four food and beverage outlets.

Absolute Share Price Performance, as at 11 March 2011
Closing Share Price as at 11 March 2011 4 March 2011 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 5.97 6.25 -4%
General Property Group 3.03 3.09 -2%
Mirvac Group 1.26 1.30 -3%
Ocean Capital Limited 0.20 0.20
Thakral Holdings Group 0.50 0.50 -1%
Living and Leisure Australia Group 0.029 0.033 -12%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 4.98 4.90 2%
Dusit Thani Public Co Ltd 39.50 39.25 1%
The Erawan Group Public Co Ltd 2.22 2.20 1%
Grande Asset Hotels and Property Public Co Ltd 2.84 2.92 -3%
Laguna Resorts & Hotel Public Co Ltd 64.25 63.75 1%
Minor International Public Co Ltd 11.10 11.00 1%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 21.97 21.36 3%
Beijing Capital Tourism Co Ltd 24.80 24.86
Jinling Hotel Corporation Ltd 9.86 9.70 2%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 9.93 9.97
Guangzhou Dong Fang Hotel Co Ltd 10.82 10.57 2%
Shenzhen Century Plaza Hotel Co Ltd 6.22 6.16 1%
Home Inns & Hotels Management Inc 39.51 38.99 1%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 9.60 9.55 1%
Regal Hotels International Holdings Ltd 3.15 3.17 -1%
Sino Hotels Holdings Ltd 2.60 2.60
The Hong Kong & Shanghai Hotels Ltd 14.00 13.52 4%
Shangri-La Asia Limited 19.76 19.32 2%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 79.80 82.60 -3%
EIH (Oberoi Hotels & Resorts) 76.50 78.85 -3%
Hotel Leela Ventures 37.85 38.95 -3%
Korea Exchange (KRW)
The Shilla 25,400 27,250 -7%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.42 0.44 -5%
Ascott Residence Trust 1.19 1.18 1%
Banyan Tree Holdings Limited 0.98 0.99 -1%
CDL HTrust 2.00 2.01
Hotel Grand Central Ltd 0.80 0.81 -1%
Hotel Properties Ltd 2.44 2.46 -1%
Mandarin Oriental International Ltd (US$) 2.05 2.07 -1%
Pan Pacific Hotels Group Limited 1.59 1.60 -1%
Stamford Land Corporation Ltd 0.61 0.62 -2%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 504 492 2%
The Ambassador Hotel, Ltd 45.05 43.25 4%
Tokyo Stock Exchange (JPY)
Nippon Hotel Fund Investment Corporation 261,700 271,000 -3%
Japan Hotel and Resort Inc 250,100 250,800
Imperial Hotel, Ltd 2,160 2,297 -6%
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