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29 March 2013 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
China Beefs Up on Travel and Tourism
Archipelago International Opens Flagship Alana in Bali
Asia's First River-themed Wildlife Park to Open
Twin Developments by DHR at Johor's Puteri Harbour
Ovolo to Open Two Additional Properties in Hong Kong
Holiday Inn Express to Debut in Australia
Absolute Share Price Performance, as at 29 March 2013
China Beefs Up on Travel and Tourism Return to Headlines

Investments is all about timing and opportunities - According to 2012 statistics by the World Travel and Tourism Council (WTTC), travel and tourism industry outperformed the global economy and China (seven per cent) was crowned the top 20 largest global economies in terms of performance. China is expected to become the World's most visited country by 2020 based on current United Nations World Tourism Organization's forecasts. Join us in gaining timely market insights NOW!

  • China in 2020
    Dai Bin, President, China Tourism Academy
  • China Tourism Policy in 2013
    Liu Xiaojun, Director of Policies and Regulations Department, China National Tourism Administration
  • Global and Domestic Economic Review - Crucial for your Business Decisions
    Robin Bew, Chief Economist, Economist Intelligence Unit
  • Vision and Strategy for Success in a Changing World
    Mark Hoplamazian, President & CEO, Hyatt Hotels & Resorts

Click here to register NOW! For detailed conference programme, download brochure here or call +86 (021) 5171 7003 for assistance.

Archipelago International Opens Flagship Alana in Bali Return to Headlines

Archipelago International has launched its new brand, Alana, with the opening of the flagship property in Bali. The Alana Vasanti - Seminyak is located in South Bali and in close proximity to Seminyak Beach. Comprising 4 Presidential and 24 Deluxe Suites, the property also features 93 guestrooms, each complete with its own balcony. Alana is the company's latest upscale designer lifestyle hotel brand and three more properties are currently in the pipeline to be launched in Solo, Yogyakarta and Surabaya.

Asia's First River-themed Wildlife Park to Open Return to Headlines

Asia's first river-themed wildlife park, River Safari in Singapore, is set to have a soft opening this week. The 12 hectare River Safari will feature exotic wildlife from eight iconic river habitats, including the Mississippi, Nile, Mekong, Yangtze and Amazon rivers. The park will also feature exotic animals such as the Giant Freshwater Stingray, Mekong Giant Catfish, Giant Salamander and the Giant River Otter. Other attractions include the world's largest freshwater aquarium and the Giant Panda Forest, which features two pandas from China, Kai Kai and Jia Jia.

Twin Developments by DHR at Johor's Puteri Harbour Return to Headlines
Destination Resorts and Hotels (DHR), established by the Malaysian government's investment arm, is in the process of developing the Traders Hotel Puteri Harbour and Little Red Cube. Located in Nusajaya, Johor, Puteri Harbour's latest investments are worth MYR400 million (USD130 million) and are under DHR's investment portfolio. The Traders Hotel Puteri Harbour is set to open in the second quarter of 2013 and will be the first international hotel brand in Nusajaya. Entertainment complex Little Red Cube will be home to the Puteri Harbour Family Theme Park, an indoor theme park comprising of Hello Kitty Town, Little Big Club and LAT's Place.
Ovolo to Open Two Additional Properties in Hong Kong Return to Headlines
Hong Kong based hotel and serviced apartment operator Ovolo is set to open two hotels in Hong Kong later this year. The property at 64 Wong Chuk Hang Road will be Hong Kong's first warehouse conversion hotel and will feature 162 rooms. The lifestyle hotel will be located in the city's Southside, one of Hong Kong's few remaining manufacturing districts and will be a New York-style warehouse conversion. The group will also open the 85-room property at 100 Shek Pai Wan Road, which will provide guests with views of the harbour at Aberdeen.
Holiday Inn Express to Debut in Australia Return to Headlines
IHG has confirmed that it will launch its Holiday Inn Express brand in Australia, commencing with a property in Perth. Set to open in 2015, the property will be a AUD35 million (USD37 million) development and will located in the central business district of the city. Located on a 1,308 square metre site, which was purchased for AUD5.05 million in 2007, the property will incorporate a circa 1888 heritage house. With the opening of the Holiday Inn Express, this will be IHG's fourth brand in Australia, after the InterContinental, Crowne Plaza and Holiday Inn.
Absolute Share Price Performance, as at 29 March 2013
Closing Share Price as at 29 March 2013 22 March 2013 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 8.14 8.10 -
General Property Group 3.71 3.75 -1%
Mirvac Group 1.62 1.63 -1%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 38.75 37.00 5%
Dusit Thani Public Co Ltd 59.75 59.00 1%
The Erawan Group Public Co Ltd 5.80 5.35 8%
Grande Asset Hotels and Property Public Co Ltd 1.53 1.38 11%
Laguna Resorts & Hotel Public Co Ltd 35.50 34.50 3%
Minor International Public Co Ltd 24.30 23.30 4%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 13.18 13.49 -2%
Beijing Capital Tourism Co Ltd 13.20 14.18 -7%
Jinling Hotel Corporation Ltd 7.21 7.39 -2%
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 4.61 4.64 -1%
Guangzhou Dong Fang Hotel Co Ltd 6.46 6.70 -4%
Shenzhen Century Plaza Hotel Co Ltd 4.03 4.20 -4%
China Lodging Group, Limited 16.46 16.50 -
Home Inns & Hotels Management Inc 29.79 29.11 2%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 11.26 11.34 -1%
Regal Hotels International Holdings Ltd 3.74 3.69 1%
Sino Hotels Holdings Ltd 2.61 2.60 - -
The Hong Kong & Shanghai Hotels Ltd 13.30 13.36 -
Shangri-La Asia Limited 15.20 16.54 -8%
Dorsett Hospitality International 2.21 2.20 -
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 53.55 53.55 -
EIH (Oberoi Hotels & Resorts) 55.15 56.55 -2%
Hotel Leela Ventures 20.15 20.95 -4%
Korea Exchange (KRW)
The Shilla 55,000 54,000 2%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.56 0.51 10%
Ascendas Hospitality Trust 0.91 0.91 -
Ascott Residence Trust 1.38 1.36 1%
Banyan Tree Holdings Limited 0.62 0.62 -
CDL Hospitality Trusts 2.05 2.00 2%
Far East Hospitality Trust 1.17 1.13 4%
Hotel Grand Central Ltd 1.07 1.00 7%
Hotel Properties Ltd 3.29 3.20 3%
Mandarin Oriental International Ltd (US$) 1.62 1.67 -3%
Pan Pacific Hotels Group Limited 2.37 2.37 -
Shangri-La Asia Limited (HK$) 17.52 17.52 -
Stamford Land Corporation Ltd 0.57 0.56 2%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 342 330 4%
The Ambassador Hotel, Ltd 29.35 29.80 -2%
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 39,350 35,700 10%
Imperial Hotel, Ltd 3,550 3,800 -7%
Return to Headlines
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Michelle Hui
HVS Hong Kong
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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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