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15 February 2013 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Resonate with your Investment Goals at the Leading Hotel Investment Conference in World's Second Largest Economy - China
Changi Unveils T4 Development Plans
Tauzia's POP! Hotel Opens at Soekarno-Hatta Airport
First Indian Low-cost Carrier to Fly to China
Minor Announces Acquisition of Vietnam's Life Resorts
Absolute Share Price Performance, as at 15 February 2013
Resonate with your Investment Goals at the Leading Hotel Investment Conference in World's Second Largest Economy - China Return to Headlines

China Hotel Investment Conference (CHIC) has established its reputation as the leading hotel investment conference in China and is organised by HVS, the world's leading hospitality consultancy organization. Join us from 17-19 April at the Grand Hyatt Shanghai to network with key senior CEOs and leaders of the hotel and tourism industry from over 20 countries.

Resonating with vision and success in a changing world, China National Tourism Administration, Director of Policies and Regulations, Mr. Liu Xiaojun will share with us how China tourism policies adapt to the ever-changing economy. Make important connections by attending the first ever One-on-One Partnering with potential business partners that will unveil opportunities to fit your investment goals. Attend the full spectrum of our premier events, including hearing from key opinion leaders and leading executives and attending site tours to discover and convert opportunities into your most critical investment decisions in 2013.

Don't miss out on the early bird savings! Click here to register by 1 March for a cost savvy investment. For details, please visit www.chinahotelconference.comor call +86 21 5171 7003 for assistance.

Changi Unveils T4 Development Plans Return to Headlines

Changi Airport Group (CAG) has unveiled its plans for the development of the new Terminal 4 (T4) at Singapore Changi Airport. The new terminal will be built on the site of the old budget terminal and will have a capacity of 16 million passengers per annum, thus increasing Changi Airport's overall capacity to 82 million passengers. The new T4 development will span an area of 160,000 square metres and will handle both low-cost and full-service airlines. The new terminal will focus on self-service technologies such as check-in kiosks and baggage drops. Construction of T4 will begin this year and the terminal is expected to be completed in 2017.

Tauzia's POP! Hotel Opens at Soekarno-Hatta Airport Return to Headlines

Tauzia Hotel Management has opened a new hotel at Jakarta's Soekarno-Hatta International Airport. Managed under the POP! budget hotel brand, the POP! Hotel Airport Jakarta is located five minutes away by car from the airport. The property features 150 rooms and two meeting rooms. Tauzia currently operates five POP! hotels and plans to expand its portfolio to 30 properties by 2015. The new properties will be located in Bali, Jakarta, Yogyakarta, Surabaya, Lampung, Solo, Makassar, Balikpapan, Sulawesi and Semarang.

First Indian Low-cost Carrier to Fly to China Return to Headlines
SpiceJet has become the first Indian low-cost carrier to offer flights between India and China. The airline has commenced flights between Delhi and Guangzhou, becoming the second carrier to fly this route after China Southern Airlines. SpiceJet operates 11 routes to seven international destinations from six airports across India. The airline's international destinations include Male, Riyadh and Dubai, with four Indian cities connecting to Dubai on SpiceJet.
Minor Announces Acquisition of Vietnam's Life Resorts Return to Headlines
Minor Hotel Group, operator of the Anantara hotel brand and owner of the Oaks, Avani and Elewana brands, has acquired Vietnam-based, Life Resorts. The group has acquired the luxury Life Resorts brand including the 96-room Life Heritage Resort Hoi An and the 63-room Life Wellness Resort Quy Nhon for US$16 million. Bangkok-based Minor intends to rebrand both properties under the Anantara and Avani brands, respectively. The Hoi An property will be rebranded as the Anantara Hoi An Resort and the Quy Nhon property will become the Avani Quy Nhon Resort & Spa. This deal marks Minor's second acquisition over the past two years, since acquiring Australia's Oaks Hotels & Resorts in May 2011.
Absolute Share Price Performance, as at 15 February 2013
Closing Share Price as at 15 February 2013 8 February 2013 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 7.68 7.70 -
General Property Group 3.78 3.88 -3%
Mirvac Group 1.55 1.60 -3%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 35.25 33.50 5%
Dusit Thani Public Co Ltd 50.00 48.00 4%
The Erawan Group Public Co Ltd 6.00 5.30 13%
Grande Asset Hotels and Property Public Co Ltd 1.72 1.64 5%
Laguna Resorts & Hotel Public Co Ltd 37.75 38.75 -3%
Minor International Public Co Ltd 25.00 23.50 6%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 14.85 14.85 -
Beijing Capital Tourism Co Ltd 12.12 12.12 -
Jinling Hotel Corporation Ltd 7.30 7.30 -
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 4.37 4.37 -
Guangzhou Dong Fang Hotel Co Ltd 6.96 6.96 -
Shenzhen Century Plaza Hotel Co Ltd 4.60 4.60 -
China Lodging Group, Limited 19.33 19.41 -
Home Inns & Hotels Management Inc 31.39 31.80 -1%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 11.66 11.66 -
Regal Hotels International Holdings Ltd 3.91 3.86 1%
Sino Hotels Holdings Ltd 2.57 2.57 -
The Hong Kong & Shanghai Hotels Ltd 13.26 13.40 -1%
Shangri-La Asia Limited 18.10 18.00 1%
Dorsett Hospitality International 2.09 2.11 -1%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 59.75 61.95 -4%
EIH (Oberoi Hotels & Resorts) 65.75 67.65 -3%
Hotel Leela Ventures 24.70 25.55 -3%
Korea Exchange (KRW)
The Shilla 48,850 46,400 5%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.50 0.50 -
Ascendas Hospitality Trust 0.91 0.91 -
Ascott Residence Trust 1.35 1.32 2%
Banyan Tree Holdings Limited 0.68 0.68 -
CDL Hospitality Trusts 2.05 2.02 1%
Far East Hospitality Trust 1.08 1.08 -
Hotel Grand Central Ltd 0.96 0.94 2%
Hotel Properties Ltd 3.15 3.18 -1%
Mandarin Oriental International Ltd (US$) 1.61 1.66 -3%
Pan Pacific Hotels Group Limited 2.36 2.35 -
Shangri-La Asia Limited (HK$) 18.52 18.52 -
Stamford Land Corporation Ltd 0.56 0.56 -
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 366 366 -
The Ambassador Hotel, Ltd 30.55 30.55 -
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 27,890 28,110 -1%
Imperial Hotel, Ltd 2,820 3,050 -8%
Return to Headlines
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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