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4 October 2013 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Asian Air Traffic Soars In August
Easing visa rules could create 2.6m Asian jobs – UN
Cathay Pacific expands premium economy across Asia
Etihad Launches Flights To HCMC
Amari to debut in Malaysia
My Humble House to launch Taipei hotel
Absolute Share Price Performance, as at 4 October 2013
Asian Air Traffic Soars In August Return to Headlines
The Asia Pacific’s passenger traffic climbed 8.6% during August, ahead of a 6.3% expansion of seat capacity according to the latest data from the International Air Transport Association (IATA). This pushed the passenger load factors higher by 1.7 percentage points to 81.6%. The strongest monthly traffic growth was actually seen in the Middle East, where demand jumped 15.1% year-on-year and load factors reached 82.0%. This was largely due to the timing of Ramadan.

Easing visa rules could create 2.6m Asian jobs – UN Return to Headlines

Joint UNWTO-WTTC report urges APEC countries to facilitate international tourist travel. The report asserts that by facilitating visas for these tourists, APEC nations could create 2.6m new jobs by 2016 and generate an additional 57m international tourist arrivals, who would likely spend an extra US$89bn while visiting APEC destinations.

Cathay Pacific expands premium economy across Asia Return to Headlines

The airline initially rolled out the new class in March 2012 aboard a series of long-haul routes from Hong Kong to Europe, North America, the Middle East and India. But Cathay said this week that the expansion of the premium economy products across its fleet meant that it would now launch the class on 22 regional routes to destinations in Japan, China, South Korea and Southeast Asia.

Etihad Launches Flights To HCMC Return to Headlines

The new service, which commenced on 1 October 2013, marks Etihad’s first ever direct passenger flight to Vietnam, and also becomes the first ever commercial service between Abu Dhabi and Ho Chi Minh City (HCMC). Etihad will serve the Abu Dhabi-HCMC routes using an Airbus A330-200 aircraft with 262 seats – 22 in business class and 240 in economy. The airline will also codeshare with Vietnam Airlines on the route.

Amari to debut in Malaysia Return to Headlines

Thailand’s Onyx Hospitality Group has signed its first ever Amari hotel in Malaysia. Located in the far south of peninsular Malaysia, close to the border with Singapore, the 207-room Amari Johor Bahru will include a range of upscale facilities, including an Asian restaurant, spa and meeting rooms. Scheduled to open in 2015, the property will form part of the Suasana Iskandar Malaysia development, which also offers serviced apartments, retail and leisure outlets. The development is also just five minutes’ walk from the upcoming JB Sentral MRT network, which will link Johor Bahru with Singapore.

My Humble House to launch Taipei hotel Return to Headlines

The My Humble House Group will unveil its first hotel brand this winter, with the opening of the Humble House Taipei. Located in the central Xinyi district of Taipei, close to the Taipei 101 tower, the hotel features 235 rooms and suites, all with LCD HDTVs, DVD players, espresso machines and free Wi-Fi. Facilities at the hotel include a large 700m² ballroom and two meeting rooms, plus an Italian restaurant on the sixth floor and a lobby lounge with outdoor garden.

Absolute Share Price Performance, as at 4 October 2013
Closing Share Price as at 27 September 2013 20 September 2013 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 8.28 8.21 1%
General Property Group 3.57 3.52 1%
Mirvac Group 1.74 1.77 -2%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 40.75 39.00 4%
Dusit Thani Public Co Ltd 60.50 56.50 7%
The Erawan Group Public Co Ltd 4.80 4.52 6%
Grande Asset Hotels and Property Public Co Ltd 1.26 1.28 -2%
Laguna Resorts & Hotel Public Co Ltd 30.00 30.00 -
Minor International Public Co Ltd 26.00 24.80 5%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 13.72 13.72 -
Beijing Capital Tourism Co Ltd 13.97 13.97 -
Jinling Hotel Corporation Ltd 8.36 8.36 -
China Shenzhen Stock Exchange (RMB)
Hunan Huatian Great Hotel Co Ltd 8.88 8.88 -
Guangzhou Dong Fang Hotel Co Ltd 6.05 6.05 -
Shenzhen Century Plaza Hotel Co Ltd 3.86 3.86 -
China Lodging Group, Limited 19.96 18.98 5%
Home Inns & Hotels Management Inc 38.00 35.06 8%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 10.16 10.14 -
Regal Hotels International Holdings Ltd 4.07 - -
Sino Hotels Holdings Ltd 2.70 2.85 -5%
The Hong Kong & Shanghai Hotels Ltd 11.76 11.86 -1%
Shangri-La Asia Limited 12.50 12.76 -2%
Dorsett Hospitality International 1.71 1.68 2%
Bombay Stock Exchange (INR)
IHCL (Taj Hotels, Resorts & Palaces) 49.10 47.70 3%
EIH (Oberoi Hotels & Resorts) 53.90 54.85 -2%
Hotel Leela Ventures 14.60 14.75 -1%
Korea Exchange (KRW)
The Shilla 63,100 63,600 -1%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.56 0.55 2%
Ascendas Hospitality Trust 0.77 0.79 -3%
Ascott Residence Trust 1.26 1.25 1%
Banyan Tree Holdings Limited 0.68 0.68 -
CDL Hospitality Trusts 1.62 1.62 -
Far East Hospitality Trust 0.89 0.91 -2%
Hotel Grand Central Ltd 1.06 1.07 -1%
Hotel Properties Ltd 3.08 3.09 -
Mandarin Oriental International Ltd (US$) 1.64 1.62 1%
Pan Pacific Hotels Group Limited 2.54 2.54 -
Shangri-La Asia Limited (HK$) 12.54 12.54 -
Stamford Land Corporation Ltd 0.56 0.56 -
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 333.00 338.50 -2%
The Ambassador Hotel, Ltd 29.00 28.90 -
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 44,100 44,850 -2%
Imperial Hotel, Ltd*
*1 for 2 stock split effective 1 Oct 2013
2,335 2,609 -11%
Return to Headlines
HVS Beijing
Annie Wang
HVS Hong Kong
Daniel Voellm
HVS Guangzhou
Tony Tao
HVS New Delhi
Kaushik Vardharajan
HVS Shanghai
Tan Wei See
HVS Singapore
David Ling
HVS Mumbai
Natwar Nagar
HVS Bangkok
Chris Pucher
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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