| |
|
Featured in this Asia Pacific Hospitality Newsletter |
|
 |
| |
| |
|
| |
InterContinental Hotels Group (IHG) has revealed an expansion plan for Indonesia, with a strong pipeline in the midscale segment for Holiday Inn and Holiday Inn Express. IHG will also strengthen its presence in the country with the launch of Hotel Indigo. A total of three Holiday Inn and nine Holiday Inn Express properties are set to open in the next three years, while Hotel Indigo is set to make its debut in 2016 with the Hotel Indigo Jakarta Kemang. Currently, IHG has four brands present in Indonesia - Holiday Inn, Holiday Inn Express, InterContinental and Crowne Plaza.
|
|
|
| |
A new partnership agreement between Qantas and Emirates will see Qantas reroute its European flights and moving its European hub from Singapore to Dubai. Alongside this 10-year agreement, Qantas has also announced the termination of its 17-year joint business venture with British Airways. Both airlines will codeshare on a range of routes, collaborate on pricing, sales and scheduling. With this partnership, Qantas will fly daily A380 services from both Sydney and Melbourne to London via Dubai. Between the two airlines, there will be 98 weekly services between Australia and Dubai.
|
|
| |
|
| |
The opening of the Pullman Anshan Time Square in Anshan marks Pullman's 14th property in China and illustrates the brand's vigorous expansion in the country. The property is the upscale business hotel brand's debut in Anshan, which has been dubbed China's "Capital of Iron and Steel", and is the second Accor hotel in the city. With a pipeline of 26 properties scheduled to open by 2015, China is now the largest country market in Pullman's portfolio.
|
|
|
| |
|
| |
|
Catering to the increasingly growing demand for both business and leisure travel to Myanmar, Singapore Airlines will launch daily services to Yangon, alongside the existing Yangon route offered by its subsidiary, Silkair. The new Yangon route offered by SIA will commence operations on 28 October. With this new flight route, the SIA Group will have a total of 16 flights weekly to Yangon, serviced by both SIA and Silkair.
|
|
| |
|
| |
|
Malaysia has registered a growth of 2.4% in tourist arrivals for the first half of 2012. Having recorded 11,632,483 tourist arrivals during this period, the country has generated tourism receipts of RM26.8 billion, or a 4.0% increase from the same period in 2011. Increased air connectivity to several key destinations such as Beijing and Hong Kong, in addition to several key international tourism events such as the F1 Petronas Malaysia Grand Prix and the three-month long 1Malaysia GP Sale, have contributed to the continued growth of Malaysia's tourist arrivals.
|
|
| |
|
| |
|
|
Absolute Share Price Performance, as at 7 September 2012
|
| |
|
Closing Share Price as at |
7 September 2012
|
31 August 2012
|
% Change |
|
Australia Stock Exchange (ASX) |
|
Amalgamated Holdings Limited |
6.63
|
6.58
|
1%
|
|
General Property Group |
3.61
|
3.51
|
3%
|
|
Mirvac Group |
1.42
|
1.35
|
5%
|
|
Ocean Capital Limited |
0.15
|
0.15
|
-
|
|
Thakral Holdings Group |
0.80
| 0.80
|
-
|
|
Bangkok Stock Exchange (THB) |
|
Central Plaza Hotel Public Co Ltd |
17.50
|
16.40
|
7%
|
|
Dusit Thani Public Co Ltd |
43.00
|
40.00
|
8%
|
|
The Erawan Group Public Co Ltd |
2.64
|
2.64
|
-
|
|
Grande Asset Hotels and Property Public Co Ltd |
1.17
|
1.19
|
-2%
|
|
Laguna Resorts & Hotel Public Co Ltd |
36.50
|
40.00
|
-9%
|
|
Minor International Public Co Ltd |
15.60
|
14.70
|
6%
|
|
China Shanghai Stock Exchange (RMB) |
|
Shanghai Jinjiang International Hotels Development |
15.04
|
14.58
|
3%
|
|
Beijing Capital Tourism Co Ltd |
12.80
|
11.92
|
7%
|
|
Jinling Hotel Corporation Ltd |
7.12
|
6.82
|
4%
|
|
China Shenzhen Stock Exchange (RMB) |
|
Hunan Huatian Great Hotel Co Ltd |
4.63
|
4.36
|
6%
|
|
Guangzhou Dong Fang Hotel Co Ltd |
7.46
|
7.09
|
5%
|
|
Shenzhen Century Plaza Hotel Co Ltd |
4.42
|
4.24
|
4%
|
|
NASDAQ (US$) |
|
Home Inns & Hotels Management Inc |
23.99
|
23.06
|
4%
|
|
Hong Kong Stock Exchange (HK$) |
|
Miramar Hotel & Investment Co Ltd |
8.99
|
8.84
|
2%
|
|
Regal Hotels International Holdings Ltd |
3.18
|
3.14
|
1%
|
|
Sino Hotels Holdings Ltd |
2.44
|
2.50
|
-2%
|
|
The Hong Kong & Shanghai Hotels Ltd |
9.11
|
9.40
|
-3%
|
|
Shangri-La Asia Limited |
13.80
|
14.52
|
-5%
|
|
kosmopolito Hotel International
|
1.86
|
1.76
|
6%
|
|
Bombay Stock Exchange (INR) |
|
IHCL (Taj Hotels, Resorts & Palaces) |
60.20
|
59.00
|
2%
|
|
EIH (Oberoi Hotels & Resorts) |
75.90
|
76.95
|
-1%
|
|
Hotel Leela Ventures |
27.95
|
27.90
|
-
|
|
Korea Exchange (KRW) |
|
The Shilla |
53,300
|
53,700
|
-1%
|
|
Singapore Stock Exchange (S$) |
|
Amara Holdings Ltd |
0.38
|
0.38
|
-
|
|
AscendasHT
|
0.90
|
0.89
|
1%
|
|
Ascott Residence Trust |
1.25
|
1.25
|
-
|
|
Banyan Tree Holdings Limited |
0.56
|
0.56
|
-
|
|
CDL HTrust |
2.01
|
2.03
|
-1%
|
|
Far East HTrust
|
0.98
|
0.99
|
-1%
|
|
Hotel Grand Central Ltd |
0.79
|
0.79
|
-
|
|
Hotel Properties Ltd |
2.74
|
2.54
|
8%
|
|
Mandarin Oriental International Ltd (US$) |
1.39
|
1.39
|
-
|
|
Pan Pacific Hotels Group Limited |
2.08
|
2.06
|
1%
|
|
Shangri-La Asia Limited (HK$)
|
13.64
|
14.04
|
-3%
|
|
Stamford Land Corporation Ltd |
0.54
|
0.54
|
-
|
|
Taiwan Stock Exchange (NT$) |
|
Formosa International Hotels Corporation |
333
|
328
|
2%
|
|
The Ambassador Hotel, Ltd |
31.60
|
31.00
|
2%
|
|
Tokyo Stock Exchange (JPY) |
|
Japan Hotel REIT Investment Corp.
|
21,230
|
21,460
|
-1%
|
|
Imperial Hotel, Ltd |
2,300
|
2,412
|
-5%
|
|
| |
|
Return to Headlines |
| |
|
| |
Subscription Information:
You are currently subscribed as $subst('Recip.EmailAddr') to receive
emails from our HVS list. You are receiving this email because you have
contacted us through our website or through other means. To unsubscribe from
future mailings to this list, please send a blank email to:
$subst('Email.UnSub').
If you would like to change your preferred email format, change your
subscribed email address, or have any comments or suggestions, please
contact us at: [email protected].
You can also contact us by phone or regular mail:
HVS
Joan Raffetto
369 Willis Avenue
Mineola, NY 11501
Tel: +1 (516) 248-8828 ext. 231
|
|
| |
|
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. |
