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Featured in this Asia Pacific Hospitality Newsletter |
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Banyan Tree Holdings will unveil its first project in Vietnam – the Laguna Lang Cô integrated resort – on 1 November. Located on a three-kilometre stretch of beach at Lang Co Bay, on Vietnam’s central coast, the 280-hectare development will include Banyan Tree and Angsana-branded hotels and spas, an 18-hole championship golf course designed by Nick Faldo, private villas and residences, convention facilities and a range of recreational activities. Banyan Tree Lang Cô offers 32 one-bedroom lagoon villas as well as 17 one-bedroom beach villas at Canh Duong Beach. Meanwhile, its more contemporary sister hotel, Angsana Lang Cô, will feature 229 suites. The development's residences offer ocean-facing villas and condominium units for sale, with owners to be granted exclusive privileges on global exchange programmes, golf memberships as well as other services within Laguna Lang Cô. The first phase of the project represents a US$200 million investment funded through the Banyan Tree Indochina Hospitality Fund.
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Luxury hotel group Rosewood is to open its first Chinese property next year, a 279-room hotel in the capital Beijing. The hotel will be located in Chaoyang District opposite the iconic CCTV Tower. The guestrooms, which measure 50 square metres, will be designed in a residential apartment style, with window seats, large bathrooms and walk-in wardrobes. Seven restaurants and lounges will serve authentic international and local cuisines, and the Chinese restaurant will feature a casual and contemporary lower floor restaurant as well as nine private dining suites on the floor above. The Rosewood Sense spa features five spa suites designed for overnight stays. Other facilities include more than 3,000 square metres of meeting space, an indoor swimming pool, gym and yoga studio, plus a lounge for premium guests including an open kitchen, bar, internet area, boardroom and outdoor terrace.
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Four Seasons Hotels and Resorts will open a resort on Dubai's Jumeirah Beach Road in mid-2014. The hotel chain will develop the project in collaboration with UAE-based holding company Bright Start LLC. Four Seasons Resort Dubai will sit on 11 acres of waterfront and is two kilometres away from Dubai’s commercial district. The resort will feature 237 rooms, including 49 suites, and target leisure and business guests equally. Other facilities include three restaurants, function spaces, a spa, indoor and outdoor pools, tennis courts and a private beach club. The resort has been designed by world-renowned architect WATG, with interior design by San Francisco based BAMO. |
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The Thai government has approved a scheme to redevelop Bangkok’s Don Mueang airport to handle more domestic and low-cost flights. The scheme, proposed by Airports of Thailand, is designed to relieve pressure on the Thai capital’s main airport, Suvarnabhumi, which is currently undergoing runway repair work. Under the plan, which was rubber-stamped on Wednesday, Don Mueang will now undergo a THB1.6 billion (US$50.9 million) development project, upgrading runways and other facilities. Once this is complete, the airport will handle an increasing number of domestic and low-cost airlines. Bangkok handled almost 48 million passengers in 2011, about four million more than its planned capacity. Late last year, it was announced that plans are in place to speed up the second phase of Suvarnabhumi’s development, taking capacity to 65 million passengers per year by 2016. |
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Wyndham has signed franchise agreements for four new hotels in China under the company’s Ramada brand. The 293-room Ramada Plaza Chengdu West is located at Xingfu Town, Dujiangyan, Chengdu City, which is part of a large-scale commercial complex and a major tourism attraction in China. Due to open in 2013, the 289-room Ramada Huizhou South, set to include 39 suites, is located near the world-class Dayawan Petrochemicals Industrial Park. The 179-room Ramada Kunming North will be based in a 428-hectare development including a horse racing club, two 18-hole golf courses, a conference centre and entertainment facilities. The 150-room Ramada Hotel Pingtan will be situated in Fujian Province’s Pingtan Comprehensive Experimental Zone.
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Absolute Share Price Performance, as at 22 June 2012
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Closing Share Price as at |
22 June 2012
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15 June 2012
|
% Change |
Australia Stock Exchange (ASX) |
Amalgamated Holdings Limited |
6.35
|
6.36
|
-
|
General Property Group |
3.21
|
3.19
|
1%
|
Mirvac Group |
1.25
|
1.26
|
-1%
|
Ocean Capital Limited |
0.17
|
0.17
|
-
|
Thakral Holdings Group |
0.750
| 0.760
|
-1%
|
Living and Leisure Australia Group |
0.051
|
0.051
|
-
|
Bangkok Stock Exchange (THB) |
Central Plaza Hotel Public Co Ltd |
12.50
|
12.20
|
2%
|
Dusit Thani Public Co Ltd |
33.75
|
34.00
|
-1%
|
The Erawan Group Public Co Ltd |
2.58
|
2.62
|
-2%
|
Grande Asset Hotels and Property Public Co Ltd |
1.17
|
1.15
|
2%
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Laguna Resorts & Hotel Public Co Ltd |
38.50
|
39.00
|
-1%
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Minor International Public Co Ltd |
13.60
|
13.20
|
3%
|
China Shanghai Stock Exchange (RMB) |
Shanghai Jinjiang International Hotels Development |
16.29
|
16.62
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-2%
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Beijing Capital Tourism Co Ltd |
12.54
|
12.86
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-2%
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Jinling Hotel Corporation Ltd |
7.44
|
7.48
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-1%
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China Shenzhen Stock Exchange (RMB) |
Hunan Huatian Great Hotel Co Ltd |
5.08
|
5.23
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-3%
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Guangzhou Dong Fang Hotel Co Ltd |
6.95
|
6.92
|
–
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Shenzhen Century Plaza Hotel Co Ltd |
4.80
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4.68
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3%
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NASDAQ (US$) |
Home Inns & Hotels Management Inc |
21.30
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22.16
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-4%
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Hong Kong Stock Exchange (HK$) |
Miramar Hotel & Investment Co Ltd |
8.26
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8.16
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1%
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Regal Hotels International Holdings Ltd |
2.91
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2.92
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–
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Sino Hotels Holdings Ltd |
2.36
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2.39
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-1%
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The Hong Kong & Shanghai Hotels Ltd |
10.26
|
10.26
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–
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Shangri-La Asia Limited |
15.34
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14.88
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3%
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kosmopolito Hotel International
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1.44
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1.35
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7%
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Bombay Stock Exchange (INR) |
IHCL (Taj Hotels, Resorts & Palaces) |
59.7
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55.0
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8%
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EIH (Oberoi Hotels & Resorts) |
78.3
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76.5
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2%
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Hotel Leela Ventures |
31.7
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32.3
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-2%
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Korea Exchange (KRW) |
The Shilla |
53,800
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54,100
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-1%
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Singapore Stock Exchange (S$) |
Amara Holdings Ltd |
0.34
|
0.34
|
-
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Ascott Residence Trust |
1.09
|
1.06
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3%
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Banyan Tree Holdings Limited |
0.51
|
0.51
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-
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CDL HTrust |
1.87
|
1.89
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-1%
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Hotel Grand Central Ltd |
0.78
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0.76
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3%
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Hotel Properties Ltd |
1.89
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1.91
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-1%
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Mandarin Oriental International Ltd (US$) |
1.29
|
1.29
|
–
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Pan Pacific Hotels Group Limited |
1.72
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1.77
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-3%
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Shangri-La Asia Limited (HK$)
|
14.66
|
14.58
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1%
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Stamford Land Corporation Ltd |
0.55
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0.55
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-
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Taiwan Stock Exchange (NT$) |
Formosa International Hotels Corporation |
333
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341
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-2%
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The Ambassador Hotel, Ltd |
30.75
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29.25
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5%
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Tokyo Stock Exchange (JPY) |
Japan Hotel REIT Investment Corp.
|
21,500
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20,650
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4%
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Imperial Hotel, Ltd |
2,462
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2,390
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3%
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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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