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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 and Simon F Cooper, President &
MD Asia Pacific, Marriott International – to name a few.
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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Marriott International’s Courtyard by Marriott has marked its
entry into the Indonesian hotel market with the opening of the
Courtyard Bali Nusa Dua. The 250-room hotel is the group’s 900th
hotel under the Courtyard by Marriott brand. Located along the
southern coast of the island, the Courtyard Bali Nusa Dua is
owned by PT Peninsula Bali Resort and will be operated under a
long-term management agreement with Marriott International.
Marriott International has plans to expand the Courtyard by
Marriott brand into new countries such as Cambodia, Romania and
Jamaica, and is expected to grow the brand’s portfolio to more
than 1,000 hotels by 2013. |
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Frasers Hospitality, the hospitality wing of Fraser & Neave
Group, has announced plans to expand its portfolio by adding
4,300 serviced apartment units to its current inventory in the
coming two years. The expansion plan began with the launch of
Fraser Residence Orchard, the company’s fourth serviced
apartment property in Singapore. Frasers Hospitality will
subsequently expand into gateway cities such as Suzhou and
Chengdu in China and New Delhi in India, as well as Istanbul in
Turkey, over the next two years, with aims to have 64 properties
across 37 cities under its management by 2012. |
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Hyatt Hotels Corporation will be managing its second property in
the Philippines, the upcoming Grand Hyatt Hotel in Bonifacio
Global City in Taguig City. The hotel, a collaboration between
Hyatt and Federal Land Inc, is a US$300 million mixed-use
project owned by Metrobank Group. The first six floors of the
66-storey hotel will house a podium, grand ballroom and meeting
rooms, while the 8th to 30th floors will be reserved for Grade A
corporate offices. Hotel rooms and amenities will be on the 31st
floor all the way to the penthouse. The Grand Hyatt Hotel is
scheduled to be completed by 2014. |
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Spanish-based hotel group Sol Meliá has continued its expansion
into Asia Pacific with the Meliá Adhiwangsa Surabaya, situated
in Surabaya, the second largest city in Indonesia. The 300-key
hotel, owned by the Bukit Darmo Property Group, will be part of
a major leisure complex which includes a shopping mall and golf
course. This move comes shortly after the group had announced
its first hotel in China, the Gran Meliá Shanghai. Amenities at
the Meliá Adhiwangsa Surabaya include a spa, swimming pool,
children’s area, two restaurants, meeting facilities and access
to the golf course. Sol Meliá’s first hotel outside of Spain –
the 494-key Meliá Bali – is also located in Indonesia. |
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Absolute Share Price Performance, as at
25 March 2011 |
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Closing Share Price as at |
25 March 2011 |
18 March 2011 |
% Change |
Australia Stock Exchange (ASX) |
Amalgamated Holdings Limited |
5.95 |
6.00 |
-1% |
General Property Group |
3.07 |
2.97 |
3% |
Mirvac Group |
1.24 |
1.24 |
– |
Ocean Capital Limited |
0.20 |
0.20 |
– |
Thakral Holdings Group |
0.50 |
0.49 |
2% |
Living and Leisure Australia Group |
0.025 |
0.027 |
-7% |
Bangkok Stock Exchange (THB) |
Central Plaza Hotel Public Co Ltd |
4.98 |
5.05 |
-1% |
Dusit Thani Public Co Ltd |
39.25 |
39.00 |
1% |
The Erawan Group Public Co Ltd |
2.32 |
2.22 |
5% |
Grande Asset Hotels and Property Public Co Ltd |
2.80 |
2.80 |
– |
Laguna Resorts & Hotel Public Co Ltd |
64.25 |
63.50 |
1% |
Minor International Public Co Ltd |
11.40 |
10.60 |
8% |
China Shanghai Stock Exchange (RMB) |
Shanghai Jinjiang International Hotels Development |
20.75 |
20.31 |
2% |
Beijing Capital Tourism Co Ltd |
23.67 |
23.55 |
1% |
Jinling Hotel Corporation Ltd |
10.16 |
9.69 |
5% |
China Shenzhen Stock Exchange (RMB) |
Hunan Huatian Great Hotel Co Ltd |
9.89 |
9.58 |
3% |
Guangzhou Dong Fang Hotel Co Ltd |
10.86 |
10.48 |
4% |
Shenzhen Century Plaza Hotel Co Ltd |
6.22 |
6.17 |
1% |
NASDAQ (US$) |
Home Inns & Hotels Management Inc |
39.28 |
39.86 |
-1% |
Hong Kong Stock Exchange (HK$) |
Miramar Hotel & Investment Co Ltd |
9.40 |
9.27 |
1% |
Regal Hotels International Holdings Ltd |
3.38 |
3.07 |
10% |
Sino Hotels Holdings Ltd |
2.47 |
2.50 |
-1% |
The Hong Kong & Shanghai Hotels Ltd |
14.32 |
13.96 |
3% |
Shangri-La Asia Limited |
20.10 |
19.10 |
5% |
Bombay Stock Exchange (INR) |
IHCL (Taj Hotels, Resorts & Palaces) |
82.00 |
77.25 |
6% |
EIH (Oberoi Hotels & Resorts) |
82.20 |
81.05 |
1% |
Hotel Leela Ventures |
38.05 |
36.60 |
4% |
Korea Exchange (KRW) |
The Shilla |
24,400 |
24,300 |
– |
Singapore Stock Exchange (S$) |
Amara Holdings Ltd |
0.44 |
0.42 |
5% |
Ascott Residence Trust |
1.18 |
1.12 |
5% |
Banyan Tree Holdings Limited |
0.92 |
0.80 |
15% |
CDL HTrust |
2.00 |
1.89 |
6% |
Hotel Grand Central Ltd |
0.81 |
0.80 |
1% |
Hotel Properties Ltd |
2.45 |
2.27 |
8% |
Mandarin Oriental International Ltd (US$) |
2.10 |
1.99 |
6% |
Pan Pacific Hotels Group Limited |
1.68 |
1.57 |
7% |
Stamford Land Corporation Ltd |
0.62 |
0.58 |
7% |
Taiwan Stock Exchange (NT$) |
Formosa International Hotels Corporation |
477 |
449 |
6% |
The Ambassador Hotel, Ltd |
42.30 |
40.40 |
5% |
Tokyo Stock Exchange (JPY) |
Nippon Hotel Fund Investment Corporation |
259,900 |
227,400 |
14% |
Japan Hotel and Resort Inc |
197,100 |
189,800 |
4% |
Imperial Hotel, Ltd |
2,048 |
1,927 |
6% |
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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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