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June 3, 2011 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
ONYX's OZO Brand To Debut In Hong Kong
Accor Plans Major Expansion In Indonesia
Home Inns Acquires Motel 168
Grand Opening For Grand Opening For Universal Studios Singapore
Alila Marks Its Entry Into Cambodia
Absolute Share Price Performance, As At 27 May 2011
ONYX's OZO Brand To Debut In Hong Kong Return to Headlines

ONYX Hospitality Group's OZO brand will be making its entry into the Hong Kong market by the end of 2012. The group has been appointed by Methodist Centre Limited to manage the Wesley hotel from 1 February 2012 onwards, and the property is set to undergo an extensive refurbishment before being relaunched as OZO at the Wesley. OZO is a select brand under the group, positioning itself as a vibrant brand offering high-tech equipment within the property. The 250-key OZO at the Wesley will be located on Hennessy Road within the Admiralty district of Hong Kong.

Accor Plans Major Expansion In Indonesia Return to Headlines

The Accor Group has announced that it will expand its network of properties in Indonesia, with 21 hotels set to open across the archipelago in the coming three to four years. The new hotels will cover the different brands across the group such as Novotel, Mercure, Formule1 and ibis. Some of these upcoming hotels include the 230-room Novotel Jakarta Gajah Mada, the 240-room Mercure Palu and the 604-room ibis Bandung Supermal. The new hotel will add 4,526 new rooms to the group's Indonesian hotel network, growing its portfolio of properties in the country to 74 hotels.

Home Inns Acquires Motel 168 Return to Headlines

Home Inns and Hotels Management Inc has acquired Motel 168 International Holdings Ltd, in turn making it the largest hotel company in China. The 100% ownership interest in Motel 168, the country's fourth largest hotel operator, was acquired for a total of US$470 million. Homes Inns will retain and operate the Motel 168 brand, with plans to further develop and expand the brand and its portfolio. The move will grow Home Inns' portfolio of hotels to 1,120, with approximately 120,000 rooms located in about 70 cities.

Grand Opening For Universal Studios Singapore Return to Headlines
Universal Studios Singapore has celebrated its grand opening with a list of activities including a gala ceremony attended by international celebrities such as movie star Jet Li and former American Idol judge, Paula Abdul. Located on the island of Sentosa, the theme park features 21 rides and shows such as the world's first Madagascar-themed ride, 'Madagascar: A Crate Adventure', Shrek 4-D Adventure, and Battlestar Galactica. Universal Studios Singapore has attracted approximately two million visitors since its soft-opening nine months ago, and is expected to attract double this number for 2011.
Alila Marks Its Entry Into Cambodia Return to Headlines
Alila Hotels and Resorts has made its foray into the Cambodian hotel market with the opening of the Alila Sothea in Siem Reap. The 39-key boutique resort is situated in a convenient location, being next to the Cambodia Cultural Village and ten minutes' drive away from both the Siem Reap International Airport and Siem Reap town centre. The property features rooms and suites with private balconies offering views across the 22-metre-long central pool area, together with two food and beverage outlets and a spa.
Absolute Share Price Performance, as at 3 june 2011
Closing Share Price as at 3 June 2011 27 May 2011 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 5.90 5.83 1%
General Property Group 3.08 3.13 -2%
Mirvac Group 1.27 1.26 -
Ocean Capital Limited 0.19 0.18 6%
Thakral Holdings Group 0.58 0.59 -1%
Living and Leisure Australia Group 0.022 0.021 5%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 8.00 7.75 3%
Dusit Thani Public Co Ltd 37.00 38.00 -3%
The Erawan Group Public Co Ltd 2.58 2.64 -2%
Grande Asset Hotels and Property Public Co Ltd 2.26 2.26 -
Laguna Resorts & Hotel Public Co Ltd 58.25 58.25 -
Minor International Public Co Ltd 12.00 12.20 -2%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 17.73 18.26 -3%
Beijing Capital Tourism Co Ltd 17.01 17.41 -2%
Jinling Hotel Corporation Ltd 9.17 9.04 1%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 6.19 6.12 1%
Guangzhou Dong Fang Hotel Co Ltd 9.81 11.25 -13%
Shenzhen Century Plaza Hotel Co Ltd 6.37 6.79 -6%
Home Inns & Hotels Management Inc 39.39 40.67 -3%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 9.52 9.52 -
Regal Hotels International Holdings Ltd 3.44 3.29 5%
Sino Hotels Holdings Ltd 2.44 2.45 -
The Hong Kong & Shanghai Hotels Ltd 13.80 12.92 7%
Shangri-La Asia Limited 20.45 20.00 2%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 81.50 78.75 3%
EIH (Oberoi Hotels & Resorts) 83.70 82.40 2%
Hotel Leela Ventures 39.50 39.70 -1%
Korea Exchange (KRW)
The Shilla 28,250 28,800 -2%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.41 0.40 2%
Ascott Residence Trust 1.17 1.17 -
Banyan Tree Holdings Limited 0.90 0.90 -
CDL HTrust 2.07 2.06 -
Hotel Grand Central Ltd 0.79 0.78 1%
Hotel Properties Ltd 2.39 2.35 2%
Mandarin Oriental International Ltd (US$) 2.13 2.15 -1%
Pan Pacific Hotels Group Limited 1.96 1.88 4%
Stamford Land Corporation Ltd 0.63 0.63 -
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 566 558 1%
The Ambassador Hotel, Ltd 47.70 47.20 1%
Tokyo Stock Exchange (JPY)
Nippon Hotel Fund Investment Corporation 254,000 250,700 1%
Japan Hotel and Resort Inc 182,500 182,800 -
Imperial Hotel, Ltd 2,045 2,030 1%
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Mark Keith & Daniel Voellm
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Manav Thadani
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Manav Thadani
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Adeline Phua
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