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11 April 2014 Sign up to automatically receive HVS mailings
Featured in this Asia Pacific Hospitality Newsletter
Indonesia hoteliers project revenue to grow by 10 per cent by 2016
Centara Hotels & Resorts to debut in Laos with Centara Grand Hotel Vientiane
Anantara Emei Resort & Spa Opens
SriLankan Airlines to introduce GSM and Wi-Fi services inflight
SilkAir to launch Hangzhou Flights
Malaysia’s new low-cost carrier terminal to open on May 2
Absolute Share Price Performance, as at 11 April 2014
Indonesia hoteliers project revenue to grow by 10 per cent by 2016 Return to Headlines
A survey conducted at the Driving Hotel Revenue Indonesia Summit revealed that Indonesian hospitality professionals remain optimistic about revenue growth despite oversupply issues. This growth would be fuelled by the adoption of better operating processes and newer technologies that will enhance revenue management at the properties. Another survey highlight is that hoteliers are likely to reap significant benefits from digital hotel bookings with a 40 per cent increase in digital bookings forecast for 2016.

Centara Hotels & Resorts to debut in Laos with Centara Grand Hotel Vientiane Return to Headlines

Centara Hotels & Resorts, Thailand’s largest operator of hotels will open its five-star luxurious Centara Grand Hotel Vientiane, its first hotel in Laos, in 2017. The property will be located in the downtown district of Vientiane, the Laotian capital. With this addition, Centara will have a total of 20 Grand hotels which are located in the Maldives, Vietnam, Bali, Mauritius, Shanghai, Addis-Abba, Doha and Thailand.

Anantara Emei Resort & Spa Opens Return to Headlines

Anantara Hotels, Resorts & Spas has launched Anantara Emei Resort & Spa at the foot of UNESCO World Heritage Site, Emei Mountain in Sichuan Province. The resort has 150-rooms and offers a range of F&B options and Spice Spoon, Anantara’s cooking classes. The resort also features 10 meeting and event venues that includes a ballroom, boardroom and private mah-jong rooms. This is the third Anantara resort in China after Anantara Xishuangbanna Resort & Spa, Yunnan and Anantara Sanya Resort & Spa on Hainan island.

SriLankan Airlines to introduce GSM and Wi-Fi services inflight Return to Headlines

SriLankan Airlines, due to join the oneworld alliance on 1st May, has signed up for OnAir’s in flight GSM and Wi-Fi services that will be installed on its six new A330-200 aircraft. By autumn, people flying from Colombo will be able to email, tweet, send text messages, make calls, and surf the internet during the flight. This global connection will be powered by Inmarsat’s SwiftBroadband satellite network, the only service designed for both mobility and consistent global coverage.

SilkAir to launch Hangzhou Flights Return to Headlines

SilkAir will operate services to Hangzhou four times a week from 27th June 2014. This will be the airline’s eighth destination in China after Changsha, Chengdu, Chongqing, Kunming, Shenzhen, Wuhan and Xiamen. The new services will be operated using the airline’s Airbus A319 and A320 aircraft featuring both Business and Economy Class.

Malaysia’s new low-cost carrier terminal to open on May 2 Return to Headlines

Malaysia Airports Holdings Bhd has announced that Kuala Lumpur International Airport’s new low cost terminal (KLIA2) will open as scheduled on May 2 and that cracks observed on the runway previously have been ratified. It also guaranteed that the safety of the runway, apron, taxiway and others have all been certified by the Department of Civil Aviation and a final inspection will be made before the opening of klia2

Absolute Share Price Performance, as at 11 April 2014
Closing Share Price as at 11 April 2014 4 April 2014 % Change
Australia Stock Exchange (ASX)
Amalgamated Holdings Limited 8.55 8.70 -2%
General Property Group 3.84 3.67 5%
Mirvac Group 1.75 1.70 3%
Bangkok Stock Exchange (THB)
Central Plaza Hotel Public Co Ltd 30.00 31.50 -5%
Dusit Thani Public Co Ltd 50.75 52.00 -2%
The Erawan Group Public Co Ltd 3.90 3.92 -1%
Grande Asset Hotels and Property Public Co Ltd 1.43 1.38 4%
Laguna Resorts & Hotel Public Co Ltd 31.00 30.50 2%
Minor International Public Co Ltd 25.25 24.50 3%
China Shanghai Stock Exchange (RMB)
Shanghai Jinjiang International Hotels Development 15.08 14.51 4%
BTG Hotels Group Co Ltd 14.55 14.32 2%
Jinling Hotel Corporation Ltd 8.94 8.72 3%
China Shenzhen Stock Exchange (RMB)
Guangzhou Dong Fang Hotel Co Ltd 6.88 6.98 -1%
Shenzhen Century Plaza Hotel Co Ltd 4.86 5.25 -7%
Huazhu Hotels Group Ltd 23.43 23.67 -
Home Inns & Hotels Management Inc 32.88 31.88 3%
Hong Kong Stock Exchange (HK$)
Miramar Hotel & Investment Co Ltd 9.88 9.85 -
Regal Hotels International Holdings Ltd 4.50 4.14 9%
Sino Hotels Holdings Ltd 2.64 2.65 -
The Hong Kong & Shanghai Hotels Ltd 10.98 11.02 -
Shangri-La Asia Limited 12.86 12.82 -
Dorsett Hospitality International 1.48 1.48 -
National Stock Exchange
IHCL (Taj Hotels, Resorts & Palaces) 73.80 75.10 -2%
EIH (Oberoi Hotels & Resorts) 74.55 70.35 6%
Hotel Leela Ventures 17.60 16.60 6%
Korea Exchange (KRW)
The Shilla 81,100 84,200 -8%
Singapore Stock Exchange (S$)
Amara Holdings Ltd 0.51 0.52 -2%
Ascendas Hospitality Trust 0.71 0.69 3%
Ascott Residence Trust 1.21 1.23 -2%
Banyan Tree Holdings Limited 0.63 0.64 -2%
CDL Hospitality Trusts 1.71 1.70 1%
Far East Hospitality Trust 0.86 0.86 0%
Hotel Grand Central Ltd 1.17 1.13 4%
Hotel Properties Ltd 3.13 3.01 4%
Mandarin Oriental International Ltd (US$) 1.82 1.80 1%
OUE Hospitality Trust 0.86 0.86 -
Shangri-La Asia Limited (HK$) 12.50 12.66 -1%
Stamford Land Corporation Ltd 0.59 0.60 -2%
Taiwan Stock Exchange (NT$)
Formosa International Hotels Corporation 368.00 370.00 -1%
The Ambassador Hotel, Ltd 28.20 28.65 -2%
Tokyo Stock Exchange (JPY)
Japan Hotel REIT Investment Corp. 46,200 48,000 -4%
Imperial Hotel, Ltd 2,210 2,323 -5%
Return to Headlines
HVS Beijing
Annie Wang
HVS Hong Kong
Daniel Voellm
HVS Guangzhou
Tony Tao
HVS New Delhi
Achin Khanna
HVS Shanghai
Henry Fang
HVS Singapore
Kaushik Vardharajan
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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