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April 27, 2012 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Renaissance Hotel Debuts In Huizhou, China
Accor Signs New Sofitel Hotel In Guiyang
Galaxy To Invest US$2.1 Billion To Expand Resort In Macau
Singapore Marriott Hotel Unveiled After S$35 Million Refurbishment
Lego To Open Legoland Theme Park In Malaysia
Absolute Share Price Performance, as at 27 April 2012
Renaissance Hotel Debuts In Huizhou, China Return to Headlines

Marriott International has announced the opening of the 342-room Renaissance Huizhou Hotel in China. The hotel opened under a long-term management agreement with Guangzhou R&F Properties Development Co Ltd. The hotel represents R&F's sixth hotel with Marriott International. The hotel is the first Marriott property to open in Huizhou City, Guangdong Province and also the first Renaissance branded hotel to open in the Pearl River Delta. Located in the city's Jiang Bei central business district, the new Renaissance Hotel forms part of the tallest building in Huizhou. The hotel features 247 deluxe rooms, 76 club rooms, 18 club suites and 1 presidential suite. Hotel facilities include a Club Lounge, four restaurants and lounges, an indoor swimming pool, a 24-hour fitness centre and a spa with seven treatment rooms. The hotel has 2,280 square metres of event space, comprising 11 meeting rooms and a 1,380-square-metre grand ballroom.

Accor Signs New Sofitel Hotel In Guiyang Return to Headlines

Accor has expanded its portfolio of Sofitel Luxury Hotels in China, with the signing of a new 231-room hotel in the city of Guiyang. At 57 storeys high, the new Sofitel Guiyang, which is scheduled to open in 2014, will become one of the city's tallest buildings. The hotel will feature three restaurants including a roof-top all-day dining restaurant, two bars, a ballroom, five meeting rooms of varying sizes, the group's signature So Spa, fitness centre So Fit and a swimming pool. It will also have a Club Millesime executive lounge, complemented by a fully equipped business centre, and 100 parking spaces. Sofitel Guiyang, which is being developed by Guizhou Hunter Real Estate Development Co Ltd, is located in downtown Guiyang and housed in the upper and podium sections of the Guiyang International Financial Centre.

Galaxy To Invest US$2.1 Billion To Expand Resort In Macau Return to Headlines

Macau casino operator, Galaxy Entertainment Group, has announced plans to invest about HK$16 billion (US$2.1 billion) to almost double the size of its resort in the world's largest gaming hub. The project will comprise two new luxury hotels, including the world's largest JW Marriott, expanded retail space to more than 100,000 square metres and more than 200 luxury stores, while meeting and event space will be increased to a capacity in excess of 3,000 people. The rooftop wave pool area will be developed further, with additional leisure amenities and tropical gardens, and the resort's casino will receive an additional 500 tables and 1,000 slot machines. Finally, 45 new food and beverage outlets will be added, taking the complex's total to more than 100.

Lego To Open Legoland Theme Park In Malaysia Return to Headlines
Lego has announced that it will open its first Legoland theme park outside Europe and the United States, in the southern Malaysian state of Johor Bahru in September or October this year. Legoland Malaysia will be the sixth Legoland theme park in the world and the first in Asia. The 30-hectare, US$239 million theme park will feature more than 40 rides, shows and attractions. The highlight of Legoland Malaysia is 'Miniland', showcasing towns and popular landmarks across Asia such as India's Taj Mahal and Cambodia's Angkor Wat, all built from 25 million Lego bricks on a 1:20 scale. Day tickets will cost US$35 for children below 12 and US$44 for adults, while annual passes will cost US$68 and US$85, respectively.
Singapore Marriott Hotel Unveiled After S$35 Million Refurbishment Return to Headlines
After undertaking a S$35 million makeover, Tang Holdings and Marriott International have re-launched the Singapore Marriott Hotel. As the most extensive project in the hotel's 17-year history, all guestrooms have been overhauled to offer guests more efficient use of space with newly installed bathrooms and ergonomically optimised furniture. Most notably, two new room categories have been introduced. The hotel lobby has been converted into a welcoming open plan zone while Marriott Cafe boasts a sophisticated new ambience, extended seating and open kitchen block. A new food and beverage concept, Java+, completes the refurbishment. Tang Holdings owns the hotel and funded the project.
Absolute Share Price Performance, as at 27 April 2012
Closing Share Price as at 27 April 2012 20 April 2012 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 6.42 6.40 -
General Property Group 3.26 3.19 2%
Mirvac Group 1.29 1.25 4%
Ocean Capital Limited 0.18 0.18 -
Thakral Holdings Group 0.755 0.745 1%
Living and Leisure Australia Group 0.051 0.051 -
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 12.50 12.50 -
Dusit Thani Public Co Ltd 34.00 33.75 1%
The Erawan Group Public Co Ltd 2.82 2.72 4%
Grande Asset Hotels and Property Public Co Ltd 1.22 1.22 -
Laguna Resorts & Hotel Public Co Ltd 42.25 40.75 4%
Minor International Public Co Ltd 13.90 13.60 2%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 17.31 17.36 -
Beijing Capital Tourism Co Ltd 13.99 13.84 1%
Jinling Hotel Corporation Ltd 7.66 7.85 -2%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 5.01 5.05 -
Guangzhou Dong Fang Hotel Co Ltd 7.95 8.26 -4%
Shenzhen Century Plaza Hotel Co Ltd 4.94 5.11 -3%
Home Inns & Hotels Management Inc 23.76 25.28 -6%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 8.56 8.50 1%
Regal Hotels International Holdings Ltd 3.10 2.60 19%
Sino Hotels Holdings Ltd 2.63 2.48 6%
The Hong Kong & Shanghai Hotels Ltd 10.18 10.10 1%
Shangri-La Asia Limited 16.70 17.02 -2%
kosmopolito Hotel International 1.37 1.40 -2%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 60.6 63.5 -5%
EIH (Oberoi Hotels & Resorts) 83.2 84.5 -2%
Hotel Leela Ventures 31.8 32.9 -3%
Korea Exchange (KRW)
The Shilla 52,100 51,100 2%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.41 0.41 -
Ascott Residence Trust 1.10 1.10 -
Banyan Tree Holdings Limited 0.63 0.64 -2%
CDL HTrust 1.87 1.86 1%
Hotel Grand Central Ltd 0.83 0.84 -1%
Hotel Properties Ltd 1.96 1.93 2%
Mandarin Oriental International Ltd (US$) 1.56 1.59 -2%
Pan Pacific Hotels Group Limited 1.75 1.83 -4%
Shangri-La Asia Limited (HK$) 15.20 16.70 -9%
Stamford Land Corporation Ltd 0.56 0.56 -
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 398 402 -1%
The Ambassador Hotel, Ltd 35.45 35.20 1%
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 19,480 18,450 6%
Imperial Hotel, Ltd 2,434 2,355 3%
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