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12 October 2012 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Banyan Tree's Indian Debut Slated for Early 2013
Aston Launches Hotel NEO in Indonesia
Myanmar Unveils Tourism Plan
Bintan Lagoon Resort Launches Direct Ferry
Emirates Increases Marketing Efforts Down Under
Absolute Share Price Performance, as at 12 October 2012
 
Banyan Tree's Indian Debut Slated for Early 2013 Return to Headlines

The Banyan Tree Kerala, Banyan Tree's first foray into India, is slated to open in the first quarter of 2013. The property will be located on the private island of Nediyathuruthu in the Alleppey district of Kerala and will be an all-pool villa retreat. Located an hour south of Kochi International Airport and a 10-minute boat ride from the resort's private jetty in Vaduthala, the resort will feature 59 villas, each featuring a private pool and views of the surrounding waterscapes. Banyan Tree Kerala will offer the group's first Ayurvedic Center in addition to other unique facilities such as Activity Island, evening rides on Kettuvallam, a traditional houseboat, and a dine-in area on a traditional local palak boat which is typically used by royalty.

 
Aston Launches Hotel NEO in Indonesia Return to Headlines

Aston International, an Indonesian-based hotel management company, has launched a new select service brand, Hotel NEO by Aston. The brand has been designed to echo elements of cutting-edge fashion labels and is intended to appeal to a younger generation of travellers. In addition to the in-room facilities of a four star hotel, the NEO brand will offer superior service in comparison to other select service brands in Indonesia. The launch of Hotel Neo is in line with the expansion of Aston's existing select service brand, favehotel, in order to capitalise on growing demand for accommodation from Indonesia's fast-expanding middle class. The first Hotel NEO will open in November 2012 in Legian, Bali. The company has planned 20 Hotel NEOs to be opened, of which six will be located in Jakarta and will open in 2013.

 
Myanmar Unveils Tourism Plan Return to Headlines

Myanmar has outlined its tourism plan which will focus on partnerships, communication among stakeholders and human resource development. The Myanmar Tourism Federation (MTF) aims to develop a strategy to promote the country and ensure sustainable tourism. The MTF has engaged a branding company to promote the country's tourism sector and has increased its presence at major regional and international trade shows. Myanmar intends to develop international air hubs at its major destinations, in addition to expressways and more overland routes to neighbouring countries such as Laos, in order to improve connectivity.

 
Bintan Lagoon Resort Launches Direct Ferry Return to Headlines
Bintan Lagoon Resort, a Worldhotels affiliate, has launched a new private ferry service that connects the resort's new onsite ferry terminal directly with Singapore's Tanah Merah Ferry Terminal. The private immigration and ferry terminal is located on the property's beachfront and the 70-minute journey will be serviced by two high-speed passenger ferries that will be able to accommodate 266 passengers. With this direct service, travel time to Bintan Lagoon Resort will be reduced by 30 minutes. The 413-room resort overlooks the South China Sea and Riau Archipelago and features among other facilities, two 18-hole championship courses designed by golf legends Jack Nicklaus and Ian Baker-Finch.
 
Emirates Increases Marketing Efforts Down Under Return to Headlines
Dubai-based airline, Emirates, has signed a new Memorandum of Understanding (MoU) with Tourism Australia to increase its marketing in Australia. Under the new MoU, the two parties will spend a combined AU$14.3 million (US$14.6 million) on joint marketing activities such as event and sponsorship activities over the next three years. These activities will focus on some of Australia's key source markets, namely the UK, Germany, New Zealand, Italy and France. Both parties hope to use this MoU to form a more strategic and long-term plan to effectively market Australia to Emirates' global customer base. This partnership is the largest investment that Emirates has invested with a global tourism body to date.
 
 
Absolute Share Price Performance, as at 12 October 2012
 
Closing Share Price as at 12 October 2012 5 October 2012 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 7.00 6.94 1%
General Property Group 3.55 3.52 1%
Mirvac Group 1.51 1.51 -
Ocean Capital Limited 0.14 0.14 -
Thakral Holdings Group 0.80 0.79 1%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 18.90 18.20 4%
Dusit Thani Public Co Ltd 48.75 46.75 4%
The Erawan Group Public Co Ltd 3.20 3.34 -4%
Grande Asset Hotels and Property Public Co Ltd 1.43 1.42 1%
Laguna Resorts & Hotel Public Co Ltd 36.50 36.75 -1%
Minor International Public Co Ltd 18.00 17.10 5%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 15.28 15.05 2%
Beijing Capital Tourism Co Ltd 11.74 11.89 -1%
Jinling Hotel Corporation Ltd 6.90 6.84 1%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 4.42 4.45 -1%
Guangzhou Dong Fang Hotel Co Ltd 7.25 7.27 -
Shenzhen Century Plaza Hotel Co Ltd 4.37 4.34 1%
NASDAQ (US$)
China Lodging Group, Limited 16.79 16.50 2%
Home Inns & Hotels Management Inc 27.55 26.30 5%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 10.04 9.94 1%
Regal Hotels International Holdings Ltd 3.44 3.40 1%
Sino Hotels Holdings Ltd 2.60 2.70 -4%
The Hong Kong & Shanghai Hotels Ltd 9.69 9.63 1%
Shangri-La Asia Limited 15.46 15.36 1%
Dorsett Hospitality International 1.83 1.90 -4%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 68.85 66.65 3%
EIH (Oberoi Hotels & Resorts) 77.80 79.25 -2%
Hotel Leela Ventures 30.80 31.95 -4%
Korea Exchange (KRW)
The Shilla 51,200 53,600 -4%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.41 0.41 -
Ascendas Hospitality Trust 0.90 0.91 -1%
Ascott Residence Trust 1.27 1.27 -
Banyan Tree Holdings Limited 0.64 0.64 -
CDL Hospitality Trusts 2.08 2.10 -1%
Far East Hospitality Trust 1.02 1.06 -4%
Hotel Grand Central Ltd 0.90 0.89 1%
Hotel Properties Ltd 2.75 2.83 -3%
Mandarin Oriental International Ltd (US$) 1.51 1.50 1%
Pan Pacific Hotels Group Limited 2.27 2.29 -1%
Shangri-La Asia Limited (HK$) 15.00 15.00 -
Stamford Land Corporation Ltd 0.56 0.57 -2%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 333 347 -4%
The Ambassador Hotel, Ltd 31.00 32.80 -5%
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 21,550 21,700 -1%
Imperial Hotel, Ltd 2,121 2,200 -4%
 
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HVS Beijing
Michelle Hui
HVS Hong Kong
Mark Keith & Daniel Voellm
HVS Mumbai
Natwar Nagar
     
HVS New Delhi
Kaushik Vardharajan
HVS Shanghai
Adeline Phua
HVS Singapore
David Ling
 
 
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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