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Featured in this Asia Pacific Hospitality Newsletter |
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Holiday Inn Express Bali Kuta Square has begun operations. The 115-room Hotel is situated 20 minutes from Bali’s Ngurah Rai International Airport. The hotel features free Wi-Fi, its free Express Start Breakfast or a Grab & Go option and a rooftop pool and bar with views of the beach. This is the sixth Holiday Inn Express in the region.
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Nikki Beach Worldwide announced the opening of Nikki Beach Phuket which is the brand’s 10th permanent location in the world and second in Thailand. The resort is a 15-20 minute drive from Phuket International Airport and 10 minutes from the nearest helicopter charter & helipad. The hotel features its iconic Nikki beach club which includes a pool, indoor & outdoor dining options, opium beds and 4 bars.
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The Maldives first resort designed and operated on Islamic principles will launch in October. The resort will be a five-star, 673-room resort located on the Shaviyani Atoll that is 50 minutes from the Ibrahim Nasir International Airport by seaplane. This development is a joint venture between Maldives’ ADK Group and Turkey’s Caprice Gold Group and aims to become a holiday destination for Muslims throughout the world.
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Mandarin Oriental Hotel Group has announced the launch of the luxury resort Mandarin Oriental, Bali on Bali’s southern Bukit peninsula as part of the upscale Bukit Pandawa development. Scheduled to open in 2016, the property will feature 97 villas, each with a private pool, as well as 24 guestrooms. Other amenities include a 1725m2 Spa with eight treatment rooms, heat and water therapies and a 100m outdoor swimming pool.
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Singapore Changi Airport reported record-breaking passenger traffic of 53.7 million in 2013 and 343,800 landings and take-offs, registering a growth of 5% and 5.9%, respectively. The airport also handled 5.1 million passengers in December which is the highest number it has ever handled in a month. In addition, Changi also added 10 new links to new destinations; Guilin, Jinan, Lijiang, Nanchang, Nanning, Ningbo and Wuxi which are in China and Mandalay (Myanmar), Kalibo (the Philippines) and Addis Ababa (Ethiopia).
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Tigerair has launched a new four-times-weekly service from Singapore to Malé, the capital of Maldives. Flights are operated with an Airbus 320 and operate on Mondays, Wednesdays, Fridays and Sundays. This will be the only no-frills airline flying direct from Singapore to Maldives and will improve the accessibility of Maldives to everyone.
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Absolute Share Price Performance, as at 31 January 2014
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Closing Share Price as at |
31 January 2014
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24 January 2014
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% Change |
Australia Stock Exchange (ASX) |
Amalgamated Holdings Limited |
8.10
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8.11
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-
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General Property Group |
3.61
|
3.57
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1%
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Mirvac Group |
1.67
|
1.70
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-2%
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Bangkok Stock Exchange (THB) |
Central Plaza Hotel Public Co Ltd |
27.25
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27.00
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1%
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Dusit Thani Public Co Ltd |
52.25
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55.50
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-6%
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The Erawan Group Public Co Ltd |
3.16
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3.32
|
-5%
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Grande Asset Hotels and Property Public Co Ltd |
1.14
|
1.08
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6%
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Laguna Resorts & Hotel Public Co Ltd |
24.90
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25.00
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-
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Minor International Public Co Ltd |
20.80
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21.90
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-5%
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China Shanghai Stock Exchange (RMB) |
Shanghai Jinjiang International Hotels Development |
14.30
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15.20
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-6%
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BTG Hotels Group Co Ltd
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-
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15.86
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-
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Jinling Hotel Corporation Ltd |
7.98
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8.06
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-1%
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China Shenzhen Stock Exchange (RMB) |
Hunan Huatian Great Hotel Co Ltd |
7.23
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7.39
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-2%
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Guangzhou Dong Fang Hotel Co Ltd |
5.94
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5.96
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-
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Shenzhen Century Plaza Hotel Co Ltd |
4.07
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4.10
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-1%
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NASDAQ (US$) |
Huazhu Hotels Group Ltd
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27.15
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26.66
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2%
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Home Inns & Hotels Management Inc |
34.29
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35.42
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-3%
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Hong Kong Stock Exchange (HK$) |
Miramar Hotel & Investment Co Ltd |
9.80
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9.85
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-1%
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Regal Hotels International Holdings Ltd |
4.06
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4.40
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-8%
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Sino Hotels Holdings Ltd |
2.70
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2.70
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-
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The Hong Kong & Shanghai Hotels Ltd |
10.64
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11.06
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-4%
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Shangri-La Asia Limited |
12.90
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13.22
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-2%
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Dorsett Hospitality International
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1.47
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1.49
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-1%
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National Stock Exchange
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IHCL (Taj Hotels, Resorts & Palaces) |
58.05
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59.85
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-3%
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EIH (Oberoi Hotels & Resorts) |
56.55
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56.45
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-
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Hotel Leela Ventures |
14.95
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15.65
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-4%
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Korea Exchange (KRW) |
The Shilla |
78,000
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75,000
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4%
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Singapore Stock Exchange (S$) |
Amara Holdings Ltd |
0.52
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0.53
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-2%
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Ascendas Hospitality Trust
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0.73
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0.72
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1%
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Ascott Residence Trust |
1.18
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1.22
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-3%
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Banyan Tree Holdings Limited |
0.61
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0.66
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-8%
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CDL Hospitality Trusts
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1.61
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1.60
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1%
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Far East Hospitality Trust
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0.79
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0.81
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-2%
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Hotel Grand Central Ltd |
1.04
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1.07
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-3%
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Hotel Properties Ltd |
2.99
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3.00
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-
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Mandarin Oriental International Ltd (US$) |
1.68
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1.70
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-1%
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OUE Hospitality Trust
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0.88
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0.88
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-
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Shangri-La Asia Limited (HK$)
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12.48
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13.60
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-8%
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Stamford Land Corporation Ltd
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0.58
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0.58
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-
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Taiwan Stock Exchange (NT$) |
Formosa International Hotels Corporation |
334.00
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336.00
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-1%
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The Ambassador Hotel, Ltd |
29.40
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29.30
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-
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Tokyo Stock Exchange (JPY) |
Japan Hotel REIT Investment Corp.
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49,500
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49,100
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1%
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Imperial Hotel, Ltd
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2,339
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2,332
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-
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Return to Headlines |
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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. |