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May 11, 2012 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Frasers Hospitality Launches Capri By Fraser
Crowne Plaza Opens Its First Resort Hotel In Southeast Asia
Oakwood Unveils Second Property In Guangzhou
Pan Pacific To Open Second Pan Pacific Serviced Suites In Singapore
Sheraton To Debut In Colombo
Absolute Share Price Performance, as at 11 May 2012
Frasers Hospitality Launches Capri By Fraser Return to Headlines

Frasers Hospitality is entering the hotel industry with the launch of a new concept called Capri by Fraser, which will provide short-term hotel accommodation with the trappings of a full-service residence. To be rolled out across Asia, the S$124 million Capri by Fraser will be launched in Singapore at Changi Business Park in the third quarter of this year. Adding to its portfolio of serviced residences in 39 cities worldwide, Capri by Fraser will also be launched in Ho Chi Minh in Vietnam later in December and in Kuala Lumpur in 2013. Designed to meet the lifestyle needs of the digital generation, Capri by Fraser offers guests the option of cooking and doing laundry while being constantly connected through high-speed and free Wi-Fi throughout the hotel residence. The new brand aims to capture young professionals who make frequent short regional trips, usually between one to two weeks. Frasers Hospitality’s current portfolio, including those in the pipeline, stands at 73 properties in 39 key gateway cities, and more than 12,200 apartments worldwide.

Crowne Plaza Opens Its First Resort Hotel In Southeast Asia Return to Headlines

Crowne Plaza continues to extend its brand presence in Southeast Asia with the opening of the Crowne Plaza Phuket Panwa Beach Resort. The opening marks the brand's first resort hotel in the region. Signed in February 2012, the new resort is located close to the shopping district of Phuket Town and a short drive to Patong, and is set in Makham Bay, offering views of the offshore twin islands of Tapao Yai and Tapao Noi. The resort suites have bay window baths and all 224 guestrooms have a separate bath and private, furnished balconies. Crowne Plaza Phuket Panwa Beach Resort also boasts its signature Thann spa, a 24-hour gym, supervised kids’ club, resort centre, café and a lobby bar elevated over Makham Bay.

Oakwood Unveils Second Property In Guangzhou Return to Headlines

Oakwood Service Apartment has opened its second property in Guangzhou – the 225-key Oakwood Premier. The property, located close to the East Railway Station in the Tianhe business district which connects the city to Hong Kong, houses studio, one-, two-, three- and four-bedroom units ranging from 50 square metres to 230 square metres for business and leisure travellers on short- and long-term visits. The property also offers extensive leisure and business facilities for all residents including a restaurant, bar, gym, meeting rooms, swimming pool, Angsana Spa by Banyan Tree, business lounge and children's playroom.

Pan Pacific To Open Second Pan Pacific Serviced Suites In Singapore Return to Headlines
Pan Pacific Hotels Group will launch a second Pan Pacific Serviced Suites in Singapore at the beginning of 2013. The property will be the fourth Pan Pacific Serviced Suites in the group’s portfolio after Pan Pacific Serviced Suites Bangkok and Pan Pacific Serviced Suites Ningbo. The new 180-room Pan Pacific Serviced Suites Beach Road, Singapore will complement Pan Pacific Serviced Suites Orchard, Singapore – which opened in 2008 – by offering customers an alternative location on Beach Road, bordering the city and the Central Business District.
Sheraton To Debut In Colombo Return to Headlines
Lanka Hotels and Residencies entered into an agreement with Starwood Hotels and Resorts Worldwide to operate and manage Sheraton Colombo. The new Sheraton hotel in Colombo, Sri Lanka, will be located in Colombo 3 and is expected to open in October 2013. The hotel will be the first internationally branded hotel to become operational since the end of the civil war. The 306-room property will include a Presidential Suite and other themed luxury suites, as well as four restaurant outlets. Lanka Hotels have said that they are looking forward to other development opportunities in Sri Lanka with Starwood.
Absolute Share Price Performance, as at 11 May 2012
Closing Share Price as at 11 May 2012 4 May 2012 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 6.48 6.40 1%
General Property Group 3.20 3.26 -2%
Mirvac Group 1.30 1.32 -2%
Ocean Capital Limited 0.18 0.18 -
Thakral Holdings Group 0.750 0.750 -
Living and Leisure Australia Group 0.051 0.051 -
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 13.10 13.00 1%
Dusit Thani Public Co Ltd 34.00 33.75 1%
The Erawan Group Public Co Ltd 2.78 2.88 -3%
Grande Asset Hotels and Property Public Co Ltd 1.35 1.28 5%
Laguna Resorts & Hotel Public Co Ltd 40.50 41.25 -2%
Minor International Public Co Ltd 14.30 14.40 -1%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 16.65 16.96 -2%
Beijing Capital Tourism Co Ltd 13.31 14.02 -5%
Jinling Hotel Corporation Ltd 8.00 7.83 2%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 5.05 5.11 -1%
Guangzhou Dong Fang Hotel Co Ltd 7.77 7.78 -
Shenzhen Century Plaza Hotel Co Ltd 4.94 4.78 3%
Home Inns & Hotels Management Inc 24.03 22.26 8%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 8.55 8.75 -2%
Regal Hotels International Holdings Ltd 2.81 3.27 -14%
Sino Hotels Holdings Ltd 2.43 2.51 -3%
The Hong Kong & Shanghai Hotels Ltd 10.10 10.30 -2%
Shangri-La Asia Limited 15.82 17.00 -7%
kosmopolito Hotel International 1.27 1.35 -6%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 58.6 60.8 -4%
EIH (Oberoi Hotels & Resorts) 79.6 82.4 -3%
Hotel Leela Ventures 31.4 31.2 -
Korea Exchange (KRW)
The Shilla 52,400 54,900 -5%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.38 0.40 -5%
Ascott Residence Trust 1.09 1.12 -3%
Banyan Tree Holdings Limited 0.60 0.64 -6%
CDL HTrust 1.91 1.94 -2%
Hotel Grand Central Ltd 0.80 0.85 -6%
Hotel Properties Ltd 1.93 2.04 -5%
Mandarin Oriental International Ltd (US$) 1.45 1.56 -7%
Pan Pacific Hotels Group Limited 1.75 1.75 -
Shangri-La Asia Limited (HK$) 15.60 16.30 -4%
Stamford Land Corporation Ltd 0.55 0.56 -2%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 385 408 -6%
The Ambassador Hotel, Ltd 33.85 35.70 -5%
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 19,330 20,030 -3%
Imperial Hotel, Ltd 2,420 2,430 -
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Michelle Hui
HVS Hong Kong
Mark Keith & Daniel Voellm
HVS Mumbai
Natwar Nagar
HVS New Delhi
Kaushik Vardharajan
HVS Shanghai
Adeline Phua
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David Ling
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