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April 20, 2012 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Marriott Opens Renaissance Hotel In Guiyang
Jin Jiang To Open Hotel At Hello Kitty Park In Zhejiang
Jin Jiang To Launch New Hotels In Hangzhou
New Ultra-Inclusive Five-Star Programme For Centara Grand Maldives
Novotel Opens New Hotel In Phuket
Absolute Share Price Performance, as at 20 April 2012
 
Marriott Opens Renaissance Hotel In Guiyang/a> Return to Headlines

Marriott International has opened a new 340-room hotel in southern China's Guizhou Province. The new Renaissance Guiyang Hotel, located in Jinyang New District, is the 15th Renaissance hotel in China. The hotel features six food and beverage outlets including New Dynasty, a classic Cantonese restaurant with ten private dining rooms, Bai Wei, a casual Chinese restaurant, and BLD, a buffet-style restaurant. The Chocolate Cake Company is a café located in the hotel lobby. The hotel is also home to two bars - the R Bar located in the lobby, and Vue, a rooftop bar located on the 23rd floor. The hotel also boasts 1,230 square metres of meeting space, comprising a 700-square-metre grand ballroom, six functional rooms and one VIP room. Additional amenities at the hotel include a business centre, an indoor pool and a 24-hour fitness centre.

Jin Jiang To Open Hotel At Hello Kitty Park In Zhejiang Return to Headlines

Jin Jiang International has announced plans to develop a hotel at a Hello Kitty theme park in eastern China's Zhejiang Province. This new 360-room resort will open in May 2014, joining the rapidly growing and expanding portfolio of the Jin Jiang Group. Only two hours' drive from Shanghai to Anji, the Yinrin Jin Jiang International Resort Hotel will be a component and complement to the Hello Kitty Theme Park. The castle-themed, 45,000-square-metre property will offer rooms ranging from 36 square metres to 72 square metres, as well as several food and beverage outlets and an 800-square-metre grand ballroom. Other facilities include an entertainment centre, squash courts and a children's adventure playground. According to recent HVS research, Jin Jiang is China's second largest hotel operator in terms of room count, with a total of 93,520 rooms and 608 properties.

 
Jin Jiang To Launch New Hotels In Hangzhou Return to Headlines

Jin Jiang International has announced plans to open a new five-star hotel in Hangzhou's northern district. The 400-key hotel which is designed to cater mainly for leisure and MICE clienteles boasts spacious meeting facilities including 2 1,200-square-metre grand ballrooms, 2 junior ballrooms and 17 multi-function rooms. In addition, the hotel will offer a variety of culinary experiences and extensive recreational and entertainment facilities including an indoor swimming pool, a health club and spa and a wide array of entertainment facilities.

 
New Ultra-Inclusive Five-Star Programme For Centara Grand Maldives Return to Headlines
Centara Grand Island Resort & Spa Maldives is operating under a new ultra-inclusive five-star programme from the beginning of January 2013, giving guests a cash-free island experience that includes complimentary excursions, daily spa signature treatments and daily minibar, enhanced dining options from breakfast through dinner and a personal trainer programme at the fitness centre. Designed to supersede the previous all-inclusive programme and to provide a greater number of benefits and enhancements, the ultra-inclusive programme is being made available through all authorised Centara business partners. The enhanced meal options include sparkling wine during breakfast, selected wines of the world during lunch and dinner, and the invitation to join the Sundowner Cocktail Party each evening at sunset for complimentary drinks and snacks.
 
Novotel Opens New Hotel In Phuket Return to Headlines
Accor has opened a new hotel on the Thai resort island of Phuket. The Novotel Phuket Vintage Park, a new-build resort located in the main tourist area of Patong, features 303 rooms, a 2,000-square-metre swimming pool, spa, fitness centre, restaurant, pool bar, kids' club, babysitting service and iMac internet corner. MICE facilities include three meeting rooms and a 300-pax capacity pillar-less ballroom. Novotel Phuket Vintage Park is the 11th Novotel hotel in Thailand and the second in Phuket.
 
Absolute Share Price Performance, as at 20 April 2012
 
Closing Share Price as at 20 April 2012 13 April 2012 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 6.40 6.24 3%
General Property Group 3.19 3.17 1%
Mirvac Group 1.25 1.22 2%
Ocean Capital Limited 0.18 0.18 -
Thakral Holdings Group 0.745 0.540 38%
Living and Leisure Australia Group 0.051 0.051 -
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 12.50 11.90 5%
Dusit Thani Public Co Ltd 33.75 34.00 -1%
The Erawan Group Public Co Ltd 2.72 2.70 1%
Grande Asset Hotels and Property Public Co Ltd 1.22 1.20 2%
Laguna Resorts & Hotel Public Co Ltd 40.75 41.25 -1%
Minor International Public Co Ltd 13.60 12.70 7%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 17.36 17.27 1%
Beijing Capital Tourism Co Ltd 13.84 13.63 2%
Jinling Hotel Corporation Ltd 7.85 7.74 1%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 5.05 5.04 -
Guangzhou Dong Fang Hotel Co Ltd 8.26 9.15 -10%
Shenzhen Century Plaza Hotel Co Ltd 5.11 5.37 -5%
NASDAQ (US$)
Home Inns & Hotels Management Inc 25.28 26.45 -4%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 8.50 8.40 1%
Regal Hotels International Holdings Ltd 2.60 2.63 -1%
Sino Hotels Holdings Ltd 2.48 2.65 -6%
The Hong Kong & Shanghai Hotels Ltd 10.10 9.80 3%
Shangri-La Asia Limited 17.02 16.94 -
kosmopolito Hotel International 1.40 1.37 2%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 63.5 62.2 2%
EIH (Oberoi Hotels & Resorts) 84.5 84.8 -
Hotel Leela Ventures 32.9 33.2 -1%
Korea Exchange (KRW)
The Shilla 51,100 49,150 4%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.41 0.40 2%
Ascott Residence Trust 1.10 1.08 2%
Banyan Tree Holdings Limited 0.64 0.67 -4%
CDL HTrust 1.86 1.83 2%
Hotel Grand Central Ltd 0.84 0.82 2%
Hotel Properties Ltd 1.93 1.94 -1%
Mandarin Oriental International Ltd (US$) 1.59 1.56 2%
Pan Pacific Hotels Group Limited 1.83 1.83 -
Shangri-La Asia Limited (HK$) 16.70 16.30 2%
Stamford Land Corporation Ltd 0.56 0.55 -%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 402 418 -4%
The Ambassador Hotel, Ltd 35.20 35.30 -
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 18,450 17,870 3%
Imperial Hotel, Ltd 2,355 2,300 2%
 
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HVS Beijing
Michelle Hui
HVS Hong Kong
Mark Keith & Daniel Voellm
HVS Mumbai
Natwar Nagar
     
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Kaushik Vardharajan
HVS Shanghai
Adeline Phua
HVS Singapore
David Ling
 
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