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Featured in this Asia Pacific Hospitality Newsletter |
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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. |
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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. |
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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. |
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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.
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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. |
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Absolute Share Price Performance, as at
3 june 2011 |
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Closing Share Price as at |
3 June 2011 |
27 May 2011 |
% Change |
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Australia Stock Exchange (ASX) |
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Amalgamated Holdings Limited |
5.90 |
5.83 |
1% |
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General Property Group |
3.08 |
3.13 |
-2% |
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Mirvac Group |
1.27 |
1.26 |
- |
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Ocean Capital Limited |
0.19 |
0.18 |
6% |
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Thakral Holdings Group |
0.58 |
0.59 |
-1% |
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Living and Leisure Australia Group |
0.022 |
0.021 |
5% |
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Bangkok Stock Exchange (THB) |
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Central Plaza Hotel Public Co Ltd |
8.00 |
7.75 |
3% |
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Dusit Thani Public Co Ltd |
37.00 |
38.00 |
-3% |
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The Erawan Group Public Co Ltd |
2.58 |
2.64 |
-2% |
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Grande Asset Hotels and Property Public Co Ltd |
2.26 |
2.26 |
- |
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Laguna Resorts & Hotel Public Co Ltd |
58.25 |
58.25 |
- |
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Minor International Public Co Ltd |
12.00 |
12.20 |
-2% |
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China Shanghai Stock Exchange (RMB) |
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Shanghai Jinjiang International Hotels Development |
17.73 |
18.26 |
-3% |
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Beijing Capital Tourism Co Ltd |
17.01 |
17.41 |
-2% |
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Jinling Hotel Corporation Ltd |
9.17 |
9.04 |
1% |
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China Shenzhen Stock Exchange (RMB) |
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Hunan Huatian Great Hotel Co Ltd |
6.19 |
6.12 |
1% |
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Guangzhou Dong Fang Hotel Co Ltd |
9.81 |
11.25 |
-13% |
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Shenzhen Century Plaza Hotel Co Ltd |
6.37 |
6.79 |
-6% |
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NASDAQ (US$) |
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Home Inns & Hotels Management Inc |
39.39 |
40.67 |
-3% |
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Hong Kong Stock Exchange (HK$) |
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Miramar Hotel & Investment Co Ltd |
9.52 |
9.52 |
- |
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Regal Hotels International Holdings Ltd |
3.44 |
3.29 |
5% |
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Sino Hotels Holdings Ltd |
2.44 |
2.45 |
- |
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The Hong Kong & Shanghai Hotels Ltd |
13.80 |
12.92 |
7% |
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Shangri-La Asia Limited |
20.45 |
20.00 |
2% |
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Bombay Stock Exchange (INR) |
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IHCL (Taj Hotels, Resorts & Palaces) |
81.50 |
78.75 |
3% |
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EIH (Oberoi Hotels & Resorts) |
83.70 |
82.40 |
2% |
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Hotel Leela Ventures |
39.50 |
39.70 |
-1% |
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Korea Exchange (KRW) |
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The Shilla |
28,250 |
28,800 |
-2% |
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Singapore Stock Exchange (S$) |
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Amara Holdings Ltd |
0.41 |
0.40 |
2% |
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Ascott Residence Trust |
1.17 |
1.17 |
- |
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Banyan Tree Holdings Limited |
0.90 |
0.90 |
- |
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CDL HTrust |
2.07 |
2.06 |
- |
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Hotel Grand Central Ltd |
0.79 |
0.78 |
1% |
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Hotel Properties Ltd |
2.39 |
2.35 |
2% |
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Mandarin Oriental International Ltd (US$) |
2.13 |
2.15 |
-1% |
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Pan Pacific Hotels Group Limited |
1.96 |
1.88 |
4% |
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Stamford Land Corporation Ltd |
0.63 |
0.63 |
- |
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Taiwan Stock Exchange (NT$) |
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Formosa International Hotels Corporation |
566 |
558 |
1% |
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The Ambassador Hotel, Ltd |
47.70 |
47.20 |
1% |
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Tokyo Stock Exchange (JPY) |
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Nippon Hotel Fund Investment Corporation |
254,000 |
250,700 |
1% |
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Japan Hotel and Resort Inc |
182,500 |
182,800 |
- |
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Imperial Hotel, Ltd |
2,045 |
2,030 |
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. |
