HOTELS need to have in place a long-term pricing strategy when it comes to room rates and hospitality packages for the Formula One race to ensure that visitors keep coming back for subsequent races.
Integrated Decisions and Systems International Inc (IDeaS), which provides revenue optimisation software to the hospitality industry, released a study conducted last September which examined two Grand Prix weekends in Shanghai, Kuala Lumpur (KL) and Melbourne.
While both occupancy and daily room rates saw an increase on average, both Shanghai and KL did not achieve full occupancy. Instead, hotels in the two cities saw occupancies of 87 per cent and 85 per cent respectively on Saturday night of the race weekend.
This could be due to weaker demand from F1 fans than anticipated, coupled with insufficient bookings from base business such as groups and air crew, the study said. A mix of customer base - both leisure and base bookings - would be ideal to maximise revenue.
Average daily rate for hotel rooms should be 55-60 per cent higher during the race weekend compared with surrounding weeks, while revenue per available room (RevPAR) generally registers an 80-90 per cent jump, the study recommends.
For Singapore, reasonable prices could prove an added incentive for visitors, should the novelty of a night race lose some of its shine over the next few years.
However, cancellations also reached a high as people might be inclined to shop around, said IDeaS' director of services, Klaus Kohlmayr, who suggested that in addition to deposits or cancellation charges, hotels should consider overbooking their rooms. Describing overselling as a 'manageable risk', he pointed out that cancellation was averaging 60 per cent higher during the race period in the three markets analysed.
A review of the booking curves for Shanghai and KL also revealed that bookings began to flow in much closer to the actual date, with the majority of demand occurring about two to three months before the race itself and over 50 per cent of individual reservations taking place within a month of arrival.
Showing posts with label Hotel. Show all posts
Showing posts with label Hotel. Show all posts
Thursday, June 5, 2008
Tuesday, June 3, 2008
旅客与入住率保持在高水平 酒店业务前景看好
随着抵达我国的游客人数和本地酒店入住率(occupancy rate)保持在高水平，各家证券行看好本地酒店业务前景，其中城市发展酒店服务信托(CDL Hospitality Trusts)和大中酒店(Hotel Grand Central)尤其备受推荐。
星展集团研究报告说，抵达我国的游客人数今年4月继续稳在82万6000名，与去年大致一样，而酒店的平均入住率估计为84％，比去年同月略减1％，原因相信主要是4月间缺乏大型项目所致。可是酒店平均客房收费每晚却达到254元，年比增加了32.5％。
在接下来几个月里，星展集团预期从5月到7月举行的新加坡热卖会、9月的一级方程式(F1）赛车以及各项会议、展览与奖励旅游业(MICE)等活动将吸引更多人士前来本地，从而促进到访者人数的增长、确保入住率和客房收费处于稳定水平。
考虑到本地强劲的酒店入住率环境，而客房供不应求的局面在短期的未来不会改观，星展集团给予本地酒店业“加磅”的评级，其中城市发展酒店服务信托继续列为其首要推荐对象。根据星展对它作出的每股可派发收入估计，它的现价意味着08财年和09财年的股息率分别为5.9％和6.6％，因此星展给予它“买入”评级，目标价为2.90元。
城市发展酒店服务信托也受联昌国际研究青睐。联昌国际认为，本地接下来八年对酒店住宿的需求料会上升，政府已经设定到了2015年，来自游客的收入和到访人数将分别为300亿元和1700万名的目标。
作为本地最庞大的酒店业主以及唯一的酒店信托，信托将从酒店住宿的强劲需求中受惠，联昌国际因此给予它“表现优于大市”的评级，目标价为2.38元。
至于大中酒店，它不久前刚公布首季业绩，多家证券行都认为符合市场预期。星展集团研究认为，尽管它脱售坐落在澳大利亚柏斯和马国吉打州的两家酒店后，意味着失去了来自它们的营收贡献，本地和澳大利亚酒店业务却因两地客房供应紧张而表现不俗。
由于它共有65％的营业额以及55％的客房来自新加坡和澳大利亚，它接下来的业务表现料会保持稳定，尤其是新加坡市场正在享有强劲的游客需求。星展给予它“买入”评级，并把目标价定为1.34元。
华侨银行投资研究也指出大中酒店的季度业绩符合其预测，并料会从本地和澳大利亚两地酒店的较高客房收费中受惠。华侨银行看好它的本地酒店表现，把它全年的净利预测从2690万元提高到2930万元，因此维持对它的“买入”评级，并把合理价值估计定为1.25元。
除了城市发展酒店服务信托和大中酒店外，星展集团研究也建议吸购业务多元化的安国控股(Amara Holdings)及文雅酒店(Hotel Plaza)的控制股东华业集团(UOL Group)，指它们在本地拥有显著的酒店业务，也将从本地旺盛的酒店服务市场中受益，因此把它们的目标价分别定为82分和5.22元。
Source
星展集团研究报告说，抵达我国的游客人数今年4月继续稳在82万6000名，与去年大致一样，而酒店的平均入住率估计为84％，比去年同月略减1％，原因相信主要是4月间缺乏大型项目所致。可是酒店平均客房收费每晚却达到254元，年比增加了32.5％。
在接下来几个月里，星展集团预期从5月到7月举行的新加坡热卖会、9月的一级方程式(F1）赛车以及各项会议、展览与奖励旅游业(MICE)等活动将吸引更多人士前来本地，从而促进到访者人数的增长、确保入住率和客房收费处于稳定水平。
考虑到本地强劲的酒店入住率环境，而客房供不应求的局面在短期的未来不会改观，星展集团给予本地酒店业“加磅”的评级，其中城市发展酒店服务信托继续列为其首要推荐对象。根据星展对它作出的每股可派发收入估计，它的现价意味着08财年和09财年的股息率分别为5.9％和6.6％，因此星展给予它“买入”评级，目标价为2.90元。
城市发展酒店服务信托也受联昌国际研究青睐。联昌国际认为，本地接下来八年对酒店住宿的需求料会上升，政府已经设定到了2015年，来自游客的收入和到访人数将分别为300亿元和1700万名的目标。
作为本地最庞大的酒店业主以及唯一的酒店信托，信托将从酒店住宿的强劲需求中受惠，联昌国际因此给予它“表现优于大市”的评级，目标价为2.38元。
至于大中酒店，它不久前刚公布首季业绩，多家证券行都认为符合市场预期。星展集团研究认为，尽管它脱售坐落在澳大利亚柏斯和马国吉打州的两家酒店后，意味着失去了来自它们的营收贡献，本地和澳大利亚酒店业务却因两地客房供应紧张而表现不俗。
由于它共有65％的营业额以及55％的客房来自新加坡和澳大利亚，它接下来的业务表现料会保持稳定，尤其是新加坡市场正在享有强劲的游客需求。星展给予它“买入”评级，并把目标价定为1.34元。
华侨银行投资研究也指出大中酒店的季度业绩符合其预测，并料会从本地和澳大利亚两地酒店的较高客房收费中受惠。华侨银行看好它的本地酒店表现，把它全年的净利预测从2690万元提高到2930万元，因此维持对它的“买入”评级，并把合理价值估计定为1.25元。
除了城市发展酒店服务信托和大中酒店外，星展集团研究也建议吸购业务多元化的安国控股(Amara Holdings)及文雅酒店(Hotel Plaza)的控制股东华业集团(UOL Group)，指它们在本地拥有显著的酒店业务，也将从本地旺盛的酒店服务市场中受益，因此把它们的目标价分别定为82分和5.22元。
Source
Sunday, May 18, 2008
从新加坡旅游业看新加坡酒店市场的展望
2007年是新加坡旅游业取得重大突破的一年，在2006年的基础上，游客到访人数也持续增长。新加坡旅游局最新发布的数据显示，在2007年的前十一个月，新加坡共接待游客930万人次，比2006年同比增长5.4%。
在此期间，每月游客到访人数都创同期新高，其中，11月接待游客人数为837,000人，10月份接待人数为911,000人。2007年到访游客总数有望达到10,300,000，比2006年同比增长6%。预计这一增长势头将会继续保持并创新高，2008年预计达到11,000,000人次，2009年则会突破11,700,000人次。
旅游业的快速发展在航空部门也得到了反映。2007年10月28号北方冬季开始后，新加坡樟宜机场创造了4,300次周预定航班的新纪录，每周航班比3月25日开始到10月27日结束的北方夏季同比增长100多次。这一增长得益于中国和印度不断增长的旅游需求，并因此增加了更多的来自上海，钦奈和杭州的航班。新增的航班还延伸到了珀斯，布里斯班和奥克兰。目前，有83条定期航线连接着新加坡和60个国家的约189个城市。
印度尼西亚、中国、印度、澳大利亚和马来西亚带来了这一增长并将继续作为主要的游客来源市场。此外，越南、俄罗斯等国家也逐步成为值得关注的市场，越南曾经是拥有最多游客数量和行业专家的国家之一。
酒店市场
随着游客数量的猛增，当地酒店的业绩在2007年也达到了前所未有的水平。2007总体的酒店入住率有望达到87%左右，平均房价将实现200美元，超过了2006年的85%和164美元。从单个月份看，2007年11月平均房价是226美元，为史上最高，之前的最高纪录为10月份的219美元。
继续向前发展，平均入住率预期到2008年和2009年分别达到88%，89%。另一方面，平均房价在2007年的强劲增长势头可能会一直持续到不久的将来。预计新加坡的日均房价在2008年和2009年将分别达到230美元和260美元。
同样，2006年每可用房间平均营收为140美元，预计2007年将会增长到175美元左右。由于酒店市场设计方面的改进，2008年和2009年的每可用房间平均营收有望达到202美元。
新增供应
坐落在东陵路上拥有299间客房的六星级瑞吉酒店于2007年12月22日开业。计划2008年再增加1,700间客房，这些新增酒店中包括拥有307间客房的樟宜机场皇冠假日酒店，有193间客房的Capella Singapore和有118间客房的M?venpick Treasure度假村。酒店供应短缺形势严峻以至于偏僻地区如Geylang的酒店都被旅游机构拿来利用，新增的这些酒店将会缓解这一形势。根据市场报告，越来越多的国际酒店品牌的进入将有助于提高酒店房价，与亚洲其它市场相比，包括香港、上海和东京，新加坡的客房价格常常被低估。
除此之外，为了满足不断增长的需求，2008年还将规划出10处酒店用地，其中三块新地属于政府售地计划，另外7处将在2007年逐一落实。这些新增酒店用地将在这一整年陆续动工，开发后将会增加大约4,675间客房。
市场展望
新加坡旅游局称，旅游业仍是重要的经济支柱，期望到2015年，旅游收入能增加到原来的三倍，合300亿美元，游客人数增加一倍，达170亿人次，并为服务行业创造100,000个新的工作岗位。在未来十年内，希望这些目标在20亿美元的旅游发展基金的支持下能够刺激未来旅游业的发展和快速增长。
鉴于旅游业的乐观前景，新加坡旅游局的目标似乎是很有希望实现的。展望未来，面对来自亚洲其他重要城市日益激烈的竞争，新加坡充分发挥主动性，加强基础设施建设，以进一步增加本国旅游业的吸引力。
新加坡樟宜机场终点站3按计划于2008年2月开始运营，它将增强乘客接待能力，樟宜机场每年的接待旅客人数也将因之增加45%，约6,400万人次。这一工程是新加坡旅游局2015年发展关键基础设施以支持旅游业发展的宏伟计划的基石。
关于发展战略性旅游产品，会展旅游业被公认为是有发展潜力的。2006年10月国际货币基金组织和世界银行会议以及2007年11月东盟会议的成功举行使新加坡被确定为大型会议的理想地点。希望新加坡旅游局坚持不懈的营销努力和新增加的两个综合性度假区能提高城邦的高度，从而成为会展旅游的理想之选。
新加坡旅游局致力于吸引典型重要活动，新加坡摩天观景轮和9月份举行的F1赛车将会提升新加坡作为国际青睐的景点的地位。2008年在Mandai即将开放的30个自然主体景点将会满足全球对自然旅游的需求。将于2009年完工的空中花园赌场和2010年完工的世界度假村，加上雄厚的经济基础，势必令新加坡的游客数量继续增长，从而实现到2015年1700万人次的目标。
Source
在此期间，每月游客到访人数都创同期新高，其中，11月接待游客人数为837,000人，10月份接待人数为911,000人。2007年到访游客总数有望达到10,300,000，比2006年同比增长6%。预计这一增长势头将会继续保持并创新高，2008年预计达到11,000,000人次，2009年则会突破11,700,000人次。
旅游业的快速发展在航空部门也得到了反映。2007年10月28号北方冬季开始后，新加坡樟宜机场创造了4,300次周预定航班的新纪录，每周航班比3月25日开始到10月27日结束的北方夏季同比增长100多次。这一增长得益于中国和印度不断增长的旅游需求，并因此增加了更多的来自上海，钦奈和杭州的航班。新增的航班还延伸到了珀斯，布里斯班和奥克兰。目前，有83条定期航线连接着新加坡和60个国家的约189个城市。
印度尼西亚、中国、印度、澳大利亚和马来西亚带来了这一增长并将继续作为主要的游客来源市场。此外，越南、俄罗斯等国家也逐步成为值得关注的市场，越南曾经是拥有最多游客数量和行业专家的国家之一。
酒店市场
随着游客数量的猛增，当地酒店的业绩在2007年也达到了前所未有的水平。2007总体的酒店入住率有望达到87%左右，平均房价将实现200美元，超过了2006年的85%和164美元。从单个月份看，2007年11月平均房价是226美元，为史上最高，之前的最高纪录为10月份的219美元。
继续向前发展，平均入住率预期到2008年和2009年分别达到88%，89%。另一方面，平均房价在2007年的强劲增长势头可能会一直持续到不久的将来。预计新加坡的日均房价在2008年和2009年将分别达到230美元和260美元。
同样，2006年每可用房间平均营收为140美元，预计2007年将会增长到175美元左右。由于酒店市场设计方面的改进，2008年和2009年的每可用房间平均营收有望达到202美元。
新增供应
坐落在东陵路上拥有299间客房的六星级瑞吉酒店于2007年12月22日开业。计划2008年再增加1,700间客房，这些新增酒店中包括拥有307间客房的樟宜机场皇冠假日酒店，有193间客房的Capella Singapore和有118间客房的M?venpick Treasure度假村。酒店供应短缺形势严峻以至于偏僻地区如Geylang的酒店都被旅游机构拿来利用，新增的这些酒店将会缓解这一形势。根据市场报告，越来越多的国际酒店品牌的进入将有助于提高酒店房价，与亚洲其它市场相比，包括香港、上海和东京，新加坡的客房价格常常被低估。
除此之外，为了满足不断增长的需求，2008年还将规划出10处酒店用地，其中三块新地属于政府售地计划，另外7处将在2007年逐一落实。这些新增酒店用地将在这一整年陆续动工，开发后将会增加大约4,675间客房。
市场展望
新加坡旅游局称，旅游业仍是重要的经济支柱，期望到2015年，旅游收入能增加到原来的三倍，合300亿美元，游客人数增加一倍，达170亿人次，并为服务行业创造100,000个新的工作岗位。在未来十年内，希望这些目标在20亿美元的旅游发展基金的支持下能够刺激未来旅游业的发展和快速增长。
鉴于旅游业的乐观前景，新加坡旅游局的目标似乎是很有希望实现的。展望未来，面对来自亚洲其他重要城市日益激烈的竞争，新加坡充分发挥主动性，加强基础设施建设，以进一步增加本国旅游业的吸引力。
新加坡樟宜机场终点站3按计划于2008年2月开始运营，它将增强乘客接待能力，樟宜机场每年的接待旅客人数也将因之增加45%，约6,400万人次。这一工程是新加坡旅游局2015年发展关键基础设施以支持旅游业发展的宏伟计划的基石。
关于发展战略性旅游产品，会展旅游业被公认为是有发展潜力的。2006年10月国际货币基金组织和世界银行会议以及2007年11月东盟会议的成功举行使新加坡被确定为大型会议的理想地点。希望新加坡旅游局坚持不懈的营销努力和新增加的两个综合性度假区能提高城邦的高度，从而成为会展旅游的理想之选。
新加坡旅游局致力于吸引典型重要活动，新加坡摩天观景轮和9月份举行的F1赛车将会提升新加坡作为国际青睐的景点的地位。2008年在Mandai即将开放的30个自然主体景点将会满足全球对自然旅游的需求。将于2009年完工的空中花园赌场和2010年完工的世界度假村，加上雄厚的经济基础，势必令新加坡的游客数量继续增长，从而实现到2015年1700万人次的目标。
Source
Saturday, April 19, 2008
‘Meet & Stay’ package for corporate meetings at Amara Sanctuary Resort Sentosa
S$395 overnight promotion for corporate and social events
Amara Sanctuary Resort Sentosa, Singapore’s stylish new resort getaway, has launched a new ‘Meet & Stay’ package designed for groups of at least ten, priced at S$395 for each guest.
The new package includes overnight accommodation, breakfast for one and lunch at the stylish new ‘urban lifestyle retreat’ overlooking Sentosa’s popular Palawan Beach, just ten minutes from the city centre.
Designed for corporate or stylish social gatherings, the package also includes free use of a meeting room with presentation facilities from 9–5pm, and two coffee/tea breaks with snacks.
Accommodation for guests is in a well-appointed Deluxe Room, complete with a welcome drink & fruit basket.
Guests or delegates also receive a 25% discount voucher for food & beverage at the resort’s signature restaurant, Shutters.
The package rate is subject to 10% service charge and 7% GST, with reservations subject to availability of meeting rooms & guest rooms.
Amara Sanctuary is a stylish and unique new venue for business meetings and stylish events on Sentosa.
The resort combines colonnaded colonial architecture, contemporary design, a secluded tropical landscape, fine dining and ‘casual chic’ style.
Recreational facilities include three swimming pools, including one infinity-edged pool on a rooftop overlooking the South China Sea reserved exclusively for adults.
A health and wellness spa with fully equipped gym opens later this year.
Singapore’s colonial architectural heritage is retained through the conversion of a historic 1930s British Sergeants Quarters building into sensational Courtyard and Verandah Suites.
The resort’s Japanese fine dining restaurant, Si Bon, was converted from the oldest chapel on Sentosa and is the only restaurant in Singapore serving the authentic Japanese delicacy “Kushikatsu”, or skewer cuisine.
All-day restaurant, Shutters, serves modern intercontinental cuisine whilst Thanying is an authentic Royal Thai restaurant and Silk Road of The Sea is a new beachfront seafood restaurant serving cuisine which traces the culinary footsteps of legendary seafarer Admiral Zheng from the Mediterranean to the South China Sea.
The 121-room Amara Sanctuary is owned and managed by Singapore’s Amara Group and was recently honoured in the URA Architectural Heritage Awards which recognize developments restoring listed buildings and monuments to their former glory.
For reservations or more information: Tel. +65 6825 3888Fax +65 6825 3878 Visit: www.amarasanctuary.com.
Source
Amara Sanctuary Resort Sentosa, Singapore’s stylish new resort getaway, has launched a new ‘Meet & Stay’ package designed for groups of at least ten, priced at S$395 for each guest.
The new package includes overnight accommodation, breakfast for one and lunch at the stylish new ‘urban lifestyle retreat’ overlooking Sentosa’s popular Palawan Beach, just ten minutes from the city centre.
Designed for corporate or stylish social gatherings, the package also includes free use of a meeting room with presentation facilities from 9–5pm, and two coffee/tea breaks with snacks.
Accommodation for guests is in a well-appointed Deluxe Room, complete with a welcome drink & fruit basket.
Guests or delegates also receive a 25% discount voucher for food & beverage at the resort’s signature restaurant, Shutters.
The package rate is subject to 10% service charge and 7% GST, with reservations subject to availability of meeting rooms & guest rooms.
Amara Sanctuary is a stylish and unique new venue for business meetings and stylish events on Sentosa.
The resort combines colonnaded colonial architecture, contemporary design, a secluded tropical landscape, fine dining and ‘casual chic’ style.
Recreational facilities include three swimming pools, including one infinity-edged pool on a rooftop overlooking the South China Sea reserved exclusively for adults.
A health and wellness spa with fully equipped gym opens later this year.
Singapore’s colonial architectural heritage is retained through the conversion of a historic 1930s British Sergeants Quarters building into sensational Courtyard and Verandah Suites.
The resort’s Japanese fine dining restaurant, Si Bon, was converted from the oldest chapel on Sentosa and is the only restaurant in Singapore serving the authentic Japanese delicacy “Kushikatsu”, or skewer cuisine.
All-day restaurant, Shutters, serves modern intercontinental cuisine whilst Thanying is an authentic Royal Thai restaurant and Silk Road of The Sea is a new beachfront seafood restaurant serving cuisine which traces the culinary footsteps of legendary seafarer Admiral Zheng from the Mediterranean to the South China Sea.
The 121-room Amara Sanctuary is owned and managed by Singapore’s Amara Group and was recently honoured in the URA Architectural Heritage Awards which recognize developments restoring listed buildings and monuments to their former glory.
For reservations or more information: Tel. +65 6825 3888Fax +65 6825 3878 Visit: www.amarasanctuary.com.
Source
Thursday, April 10, 2008
Construction of Singapore's first Hard Rock Hotel to start in May
SINGAPORE: Construction of Singapore's first Hard Rock Hotel, which will be located at the upcoming Resorts World at Sentosa, will begin in May. The 360-room hotel is one of six to be developed, and fans and visitors will be grooving to it when the famous chain opens in 2010.
Together, the hotels will provide 1,800 rooms, but this may still not be enough. Elena Arabadjieva, Deputy Vice-President, Resort Marketing, Resorts World at Sentosa, said: "We have 15 million visitors projected for the first year of operation, out of which 60% will be from overseas. "
We will definitely have challenges accommodating all our guests. Therefore, we are working with the hotels on the island to forge out some partnership. "In the years to come, we are looking at different opportunities, from block booking part of the properties and other forms of partnership."
The S$346 million five-star hotel will have 20 conference rooms which are expected to be in high demand, especially the massive ballroom with no columns. This will be located at the basement of the Hard Rock Hotel and could take up to 7,300 people.
The Hard Rock Hotel chain has operations in the US and around the region, including Bali, Penang and Pattaya. Resorts World has been promoting its wide range of offerings in trade shows overseas.
It is expected to rev up its marketing activities in 2009 in Southeast and North Asia, Australia as well as Europe. The Hard Rock Hotel is part of the S$6 billion resort development. It is also the first of six hotels to begin construction work after the building contract was awarded to Low Keng Huat Limited.
The construction firm edged out two other bidders to secure the deal. Resorts World said Low Keng Huat was selected based on its proven track record and its expertise in building construction and property development, especially in the hospitality-related sectors.
This deal is the latest in a string of construction contracts amounting to over S$1 billion that have been awarded so far. - CNA/vm
Source
Related Videos
Together, the hotels will provide 1,800 rooms, but this may still not be enough. Elena Arabadjieva, Deputy Vice-President, Resort Marketing, Resorts World at Sentosa, said: "We have 15 million visitors projected for the first year of operation, out of which 60% will be from overseas. "
We will definitely have challenges accommodating all our guests. Therefore, we are working with the hotels on the island to forge out some partnership. "In the years to come, we are looking at different opportunities, from block booking part of the properties and other forms of partnership."
The S$346 million five-star hotel will have 20 conference rooms which are expected to be in high demand, especially the massive ballroom with no columns. This will be located at the basement of the Hard Rock Hotel and could take up to 7,300 people.
The Hard Rock Hotel chain has operations in the US and around the region, including Bali, Penang and Pattaya. Resorts World has been promoting its wide range of offerings in trade shows overseas.
It is expected to rev up its marketing activities in 2009 in Southeast and North Asia, Australia as well as Europe. The Hard Rock Hotel is part of the S$6 billion resort development. It is also the first of six hotels to begin construction work after the building contract was awarded to Low Keng Huat Limited.
The construction firm edged out two other bidders to secure the deal. Resorts World said Low Keng Huat was selected based on its proven track record and its expertise in building construction and property development, especially in the hospitality-related sectors.
This deal is the latest in a string of construction contracts amounting to over S$1 billion that have been awarded so far. - CNA/vm
Source
Related Videos
Tuesday, March 25, 2008
Singapore's GIC, Host Hotels in property venture
SINGAPORE, March 25 (Reuters) - The real estate arm of the Government of Singapore Investment Corp (GIC) and Host Hotels & Resorts Inc have set up a joint venture to pursue investments in Asia and Australia, both companies said in a statement on Tuesday.
Both partners will invest a maximum of $600 million of equity into the venture, with Host Hotels, the largest U.S. hotel real estate investment trust, owning a 25 percent stake. GIC is Singapore's largest sovereign wealth fund.
Both partners will invest a maximum of $600 million of equity into the venture, with Host Hotels, the largest U.S. hotel real estate investment trust, owning a 25 percent stake. GIC is Singapore's largest sovereign wealth fund.
Sunday, December 23, 2007
Boom year for hotels in Singapore
THE full rooms at the inns, from Geylang to Marina Bay, have been keeping hoteliers very busy - and jolly.
The year has been marked by the setting and breaking of record after record, and the numbers attest to their 'it has been the best year ever' chorus.
Strong tourism arrivals saw Singapore welcome its 10 millionth visitor on Saturday. Demand for rooms has been exceptionally high, with average occupancy in the high 80s percentage range throughout the year.
The shortage was so acute that travel agents had to put customers up in outlying areas such as Geylang because they could not get rooms downtown.
Three records have been set for average room rates. The highest, and most recent, was $219 in October.
The numbers for room revenues are even better.
The hotel industry's joy is palpable, given the doldrums not so long ago. The robust demand means hoteliers can raise rates without too much worry.
Meanwhile, things could get even better, as the data for last month and this month have yet to be released, said hotel analyst Chee Hok Yean, executive vice-president of Jones Lang LaSalle Hotels.
She expects room rates to head up by another 15 per cent to 20 per cent, and room occupancy to remain between 85 per cent and 90 per cent next year.
Already, Pan Pacific Singapore and Royal Plaza on Scotts are increasing room rates by 20 per cent to 25 per cent, while Orchard Hotel's are going up by about 10 per cent.
Meanwhile, new hotels are opening. The latest is St Regis Singapore, which welcomed its first guest on Saturday. The luxury hotel is charging $680 a night for its lowest-tiered rooms, and $10,000 a night for its presidential suite.
The opening of St Regis and 10 new hotels - adding some 1,700 rooms next year - should bring some slight relief to the room crunch, said Ms Caroline Leong, the Singapore Tourism Board's director of travel services and hospitality business.
Given the boom in the sector and with more hotels opening, competition for labour will be tighter. Hotels are keen to ensure staff loyalty, which translates into better pay and perks.
Hotels have yet to announce year-end bonuses, but indications are that it will be a fat cheque for many just before Chinese New Year.
Mandarin Oriental's Ms Gillera said: 'Our staff should be very very happy.'
The year has been marked by the setting and breaking of record after record, and the numbers attest to their 'it has been the best year ever' chorus.
Strong tourism arrivals saw Singapore welcome its 10 millionth visitor on Saturday. Demand for rooms has been exceptionally high, with average occupancy in the high 80s percentage range throughout the year.
The shortage was so acute that travel agents had to put customers up in outlying areas such as Geylang because they could not get rooms downtown.
Three records have been set for average room rates. The highest, and most recent, was $219 in October.
The numbers for room revenues are even better.
The hotel industry's joy is palpable, given the doldrums not so long ago. The robust demand means hoteliers can raise rates without too much worry.
Meanwhile, things could get even better, as the data for last month and this month have yet to be released, said hotel analyst Chee Hok Yean, executive vice-president of Jones Lang LaSalle Hotels.
She expects room rates to head up by another 15 per cent to 20 per cent, and room occupancy to remain between 85 per cent and 90 per cent next year.
Already, Pan Pacific Singapore and Royal Plaza on Scotts are increasing room rates by 20 per cent to 25 per cent, while Orchard Hotel's are going up by about 10 per cent.
Meanwhile, new hotels are opening. The latest is St Regis Singapore, which welcomed its first guest on Saturday. The luxury hotel is charging $680 a night for its lowest-tiered rooms, and $10,000 a night for its presidential suite.
The opening of St Regis and 10 new hotels - adding some 1,700 rooms next year - should bring some slight relief to the room crunch, said Ms Caroline Leong, the Singapore Tourism Board's director of travel services and hospitality business.
Given the boom in the sector and with more hotels opening, competition for labour will be tighter. Hotels are keen to ensure staff loyalty, which translates into better pay and perks.
Hotels have yet to announce year-end bonuses, but indications are that it will be a fat cheque for many just before Chinese New Year.
Mandarin Oriental's Ms Gillera said: 'Our staff should be very very happy.'
- Opening soonPark Hotel Clarke Quay: 355 rooms
- The Crowne Plaza Changi Airport Hotel: 307 rooms
- Capella Singapore: 193 rooms
- NTUC Palawan Beach Resort: 200 rooms
- Movenpick Treasure Resort: 118 rooms
- Ascott Singapore@Raffles 152 rooms
- Quincy Hotel: 108 rooms
- Hotel at Carpenter Street: 42 rooms
- Hotel at Jalan Kubor: 70 rooms
- Hotel at Chin Swee Road: 133 rooms
业者与分析师： 2008年是酒店业黄金年
随着到访我国的旅客人数在今年屡创新高，酒店业在2007年里交出漂亮的成绩单，客房价格不但起了20％以上，平均住客率也超过80％。在本地酒店供不应求情况在明年预料将更为严重的背景下，业者和分析师对2008年的酒店业黄金年满心期待。
受本报询问的酒店业者表示，客房收费今年平均上涨了20％以上，位于乌节路和市区中央等黄金地段的酒店住客率更经常逼近100％。
如果到访旅客人数持续增加，业者预计，客房价格将继续在明年取得20％以上的增长，而在一级方程式大赛（F1）举行期间，客房价格更有可能暴涨一倍以上。
业者指出，拥有392个客房的凤凰大酒店（Hotel Phoenix)在今年8月结束营业重建，使供应紧缩的问题加剧。即使新开的瑞吉酒店（St Regis Hotel）以及The Link Hotel也无法弥补这个缺口。
为解决供应吃紧的问题，政府在今年下半年的售地计划(GLS)中推出四个酒店地段，并在明年上半年的售地计划中继续推出另外10幅酒店地段（包括8个在备售名单上的地段），可兴建至少5855个酒店客房。
明年客房将吃紧
尽管如此，业者和分析师表示远水救不了近火，大量新供应将从2009年以后才陆续登场，明年的短缺情况将相当严重。
此外，业者也反映说，大部分的酒店近年都积极进行翻新以及重组，以便迎合新一代客户的需求，同时提供更多样化的设施。许多客房不是被改为商店，就是扩建或打通改建成更大的客房，使得客房数量进一步减少。
文华东方国际（Mandarin Oriental）将在明年初大换妆，开始重新翻新文华购物廊（Mandarin Gallery）。新的文华购物廊将由现有的7万5000平方英尺，增加至拥有大约25万平方英尺，现有购物廊上方的两层酒店客房也将被改建成零售商店，零售商店将走高档路线。
除了文华东方国际外，据说，斜对面的皇冠太子酒店(Crown Prince Hotel)也有计划重新发展零售商店部分。
随着乌节路一带的零售商店的租金在今年取得将近20％的增长，而考虑到这将能带给酒店稳定收入，市场人士认为此举有远见，也相当明智。
另外，尽管国内税务局下月将调高本地酒店的房地产税，使酒店业者须缴付的房地产税将增加至少33％，但市场预计，这不会对酒店业者造成显著的影响，也不会削弱酒店的利润或可派发收入。业者反映说，客房价格的持续攀升将足以抵销税务上涨。
旅游局公布的数据显示，今年首10个月，我国总共迎来了848万名旅客，到访旅客人数和酒店收入也创新高。本地旅游业蓬勃，加上政府持续努力不懈地推动这个领域的发展，分析师看好酒店业股在明年将有良好的收益。星展唯高达（DBS Vickers）分析师就在最新发表的研究中，给予酒店业“加码”（吸购，overweight）的评级。
分析师指出，从2002年到2006年，我国的酒店客房数量几乎保持不变，而今年第四季里的新客房供应仅增添140个。虽然在2010年前预计将有9484上架，但明年推出市场的预计只有944个客房，大部分的客房将在2009和2010年才陆续登场，分析师因此认为，本地酒店业将在明年遇上供应和需求失衡的情况，预计本地客房住客率将从今年底的90.3％，在明年上升至93.4％的高峰。
虽然客房价格在供应短缺的推波助澜下节节攀升，平均客房价格从2002年的125.93元增加至去年的164.39元，但相比本区域大城市，即香港、上海、北京、东京、曼谷和悉尼等，我国的客房价格依然是最便宜的。
房价全年料增20％
根据分析师估计，今年上半年，我国酒店客房价格年比年平均上涨了19.5％，而今年的全年增长则将达到20％，而平均客房价格可达178.20元。展望未来，分析师估计，到了2010年，我国客房价格有望达到250.10元，相等于12％的每股可派发收入复合年增长率（CAGR）。
在本地上市的酒店业股当中，分析师尤其看好城市发展酒店服务信托（CDL Hospitality Trusts），建议投资者买入，目标价位为2.90元。同时，分析师也特别点出在今年第二季里增添121个客房的安国控股(Amara Holdings)。
此外，控制文雅酒店（Hotel Plaza）的华业集团（UOL）和旅店置业（HPL）也受分析师青睐，认为它们的交易价比重估后净资产值（RNAV）分别低了51％和28％。
Friday, December 21, 2007
Grand Park Hotel Kunming Acquired
Singapore-based Park Hotel Group celebrates the start of the Group’s expansion in China, with a successful acquisition of Harbour Plaza Kunming and Sheraton Wuxi Hotel and Towers in 2007.
Harbour Plaza Kunming has since been renamed Grand Park Hotel Kunming, in-line with the Park Hotel Group’s branding, and will continue to serve as one of the best 5-star business and leisure hotel in Kunming city. With these new additions, Park Hotel Group has yet again progressed on her pursuit to the accrual of hotels within the region and beyond, and also sets herself to be a leading hospitality brand in Asia Pacific.
To celebrate this milestone on the Park Hotel Group’s calendar, a gala dinner will be held on 17 December 2007 at Grand Park Hotel Kunming, for the local governor, distinguished guests and management of the Group.
A special programme has been lined up for the evening and the highlights include the Asian Welcome Dance, Russian Dance and a special Monkey God Performance to usher in the Olympic Games 2008.
This night of cuisine, song and dance will definitely be a night to remember for all invited. Says Mr Allen Law, Park Hotel Group’s Director, “We are delighted to expand our hotel operations to China, starting with Grand Park Hotel Kunming.
We are looking forward to a wonderful partnership of local and foreign counterparts and a platform for an exchange of skills, tapping on our good mix of human resources with international experience.
We are pleased to be able to showcase what we are best known for; a hospitality experience thatwould be memorable and distinctively different.”After this momentous event, Park Hotel Group will be launching her second hotel in Wuxi, Jiangsu, China in early 2008.
百乐酒店集团在中国收购两大酒店
总部设在新加坡的百乐酒店集团(Park Hotel Group)今年先后收购了昆明海逸酒店和无锡喜来登大酒店，标志着集团进军中国成功。海逸已易名为昆明君乐酒店。百乐在亚太地区锐意扩展酒店营业的目标得以确立，从而被认知为亚太区领先的酒店品牌。
为了庆祝业务发展的这一里程碑，集团于日前在昆明君乐酒店举行庆祝晚宴，邀请了当地政府、集团管理层和各界贵宾。
据资料显示，百乐酒店集团将于2008年初在中国江苏省无锡推出第二家品牌酒店，服务旅游大众。
百乐酒店集团成立于1961年。集团总部设在新加坡，拥有并管理皇府百乐酒店和新加坡百乐酒店。集团的酒店产业还包括位于香港九龙的香港百乐酒店及在中国云南省的昆明君乐酒店。
Harbour Plaza Kunming has since been renamed Grand Park Hotel Kunming, in-line with the Park Hotel Group’s branding, and will continue to serve as one of the best 5-star business and leisure hotel in Kunming city. With these new additions, Park Hotel Group has yet again progressed on her pursuit to the accrual of hotels within the region and beyond, and also sets herself to be a leading hospitality brand in Asia Pacific.
To celebrate this milestone on the Park Hotel Group’s calendar, a gala dinner will be held on 17 December 2007 at Grand Park Hotel Kunming, for the local governor, distinguished guests and management of the Group.
A special programme has been lined up for the evening and the highlights include the Asian Welcome Dance, Russian Dance and a special Monkey God Performance to usher in the Olympic Games 2008.
This night of cuisine, song and dance will definitely be a night to remember for all invited. Says Mr Allen Law, Park Hotel Group’s Director, “We are delighted to expand our hotel operations to China, starting with Grand Park Hotel Kunming.
We are looking forward to a wonderful partnership of local and foreign counterparts and a platform for an exchange of skills, tapping on our good mix of human resources with international experience.
We are pleased to be able to showcase what we are best known for; a hospitality experience thatwould be memorable and distinctively different.”After this momentous event, Park Hotel Group will be launching her second hotel in Wuxi, Jiangsu, China in early 2008.
百乐酒店集团在中国收购两大酒店
总部设在新加坡的百乐酒店集团(Park Hotel Group)今年先后收购了昆明海逸酒店和无锡喜来登大酒店，标志着集团进军中国成功。海逸已易名为昆明君乐酒店。百乐在亚太地区锐意扩展酒店营业的目标得以确立，从而被认知为亚太区领先的酒店品牌。
为了庆祝业务发展的这一里程碑，集团于日前在昆明君乐酒店举行庆祝晚宴，邀请了当地政府、集团管理层和各界贵宾。
据资料显示，百乐酒店集团将于2008年初在中国江苏省无锡推出第二家品牌酒店，服务旅游大众。
百乐酒店集团成立于1961年。集团总部设在新加坡，拥有并管理皇府百乐酒店和新加坡百乐酒店。集团的酒店产业还包括位于香港九龙的香港百乐酒店及在中国云南省的昆明君乐酒店。
Sunday, December 9, 2007
‘Silk Road Of The Sea’ traces Marco Polo’s culinary footsteps at Amara Sanctuary Resort Sentosa
Friday, December 07, 2007
"Silk Road Of The Sea" Traces Marco Polo's Culinary Footsteps at Amara Sanctuary Resort Sentosa
A new seafood restaurant serving cuisine tracing the culinary footsteps of explorer Marco Polo from the Mediterranean to the South China Sea has opened at Amara Sanctuary Resort on Sentosa’s popular Palawan Beach.
With both indoor and outdoor al-fresco dining options set in tropical gardens, Silk Road of the Sea showcases a variety of signature seafood from China, Thailand, the Straits of Malacca, Sumatra, the Indian Ocean, the Persian Gulf, Black Sea and Mediterranean.
The tropical dining experience is styled after teahouses that mushroomed along the Silk Road in the 14th century and the restaurant boasts a hip and upbeat design that appeals to the young, expatriates, tourists, and families alike.
Delectable seafood dishes are skillfully prepared by specialty chefs invited from around the world for this first-of a kind-concept. Seafood dishes on offer include lobster, crab, mussels, shrimp, prawn, abalone, scallop, squid, octopus, cuttlefish, clams, salmon, cod, halibut, snapper, trout and parrot fish and each is freshly prepared in large woks or on charcoal grills at open food stations.
Besides succulent seafood, the restaurant also features South-East Asian favourites including noodles and rice dishes.
Adding to the many delights on offer at Silk Road of the Sea, a La Cha Shifu, or Tea Master is on hand to serve aromatic eight-treasures tea. Beer, Japanese sake, wine, premium coffee, fresh fruit juices and soft drinks are also included in the drinks menu, whilst an ice cream station also features exotic sorbets and a variety of ice cream flavours.
Silk Road of the Sea is a new chapter in the multi-faceted Singapore dining scene with inventive and unique re-creations of traditional authentic fare. Styled by world-renowned interior designers, its feel is “contemporary yet warm with a touch of Zen”.
An innovative and fun aquarium showcases live seafood and diners can choose to sit indoors or on the al fresco patio at the front of the restaurant which offers a spectacular view of the beach.
Silk Road by the Sea compliments three other fine dining restaurants at the Amara Sanctuary resort: the award-winning Royal Thai restaurant, Thanying; all-day modern intercontinental restaurant, Shutters; and the intimate boutique Japanese restaurant, Si Bon.
Amara Sanctuary, Sentosa opened earlier this year, developed from carefully restored colonial barracks and newly built contemporary buildings.
“Within easy access of the city centre, it was a unique opportunity to create an authentic Singapore style resort,” said Amara Group CEO Albert Teo.
The resort was recently honoured by the URA Architectural Heritage Awards which recognize developments restoring listed buildings and monuments to their former glory.
Friday, December 07, 2007
"Silk Road Of The Sea" Traces Marco Polo's Culinary Footsteps at Amara Sanctuary Resort Sentosa
A new seafood restaurant serving cuisine tracing the culinary footsteps of explorer Marco Polo from the Mediterranean to the South China Sea has opened at Amara Sanctuary Resort on Sentosa’s popular Palawan Beach.
With both indoor and outdoor al-fresco dining options set in tropical gardens, Silk Road of the Sea showcases a variety of signature seafood from China, Thailand, the Straits of Malacca, Sumatra, the Indian Ocean, the Persian Gulf, Black Sea and Mediterranean.
The tropical dining experience is styled after teahouses that mushroomed along the Silk Road in the 14th century and the restaurant boasts a hip and upbeat design that appeals to the young, expatriates, tourists, and families alike.
Delectable seafood dishes are skillfully prepared by specialty chefs invited from around the world for this first-of a kind-concept. Seafood dishes on offer include lobster, crab, mussels, shrimp, prawn, abalone, scallop, squid, octopus, cuttlefish, clams, salmon, cod, halibut, snapper, trout and parrot fish and each is freshly prepared in large woks or on charcoal grills at open food stations.
Besides succulent seafood, the restaurant also features South-East Asian favourites including noodles and rice dishes.
Adding to the many delights on offer at Silk Road of the Sea, a La Cha Shifu, or Tea Master is on hand to serve aromatic eight-treasures tea. Beer, Japanese sake, wine, premium coffee, fresh fruit juices and soft drinks are also included in the drinks menu, whilst an ice cream station also features exotic sorbets and a variety of ice cream flavours.
Silk Road of the Sea is a new chapter in the multi-faceted Singapore dining scene with inventive and unique re-creations of traditional authentic fare. Styled by world-renowned interior designers, its feel is “contemporary yet warm with a touch of Zen”.
An innovative and fun aquarium showcases live seafood and diners can choose to sit indoors or on the al fresco patio at the front of the restaurant which offers a spectacular view of the beach.
Silk Road by the Sea compliments three other fine dining restaurants at the Amara Sanctuary resort: the award-winning Royal Thai restaurant, Thanying; all-day modern intercontinental restaurant, Shutters; and the intimate boutique Japanese restaurant, Si Bon.
Amara Sanctuary, Sentosa opened earlier this year, developed from carefully restored colonial barracks and newly built contemporary buildings.
“Within easy access of the city centre, it was a unique opportunity to create an authentic Singapore style resort,” said Amara Group CEO Albert Teo.
The resort was recently honoured by the URA Architectural Heritage Awards which recognize developments restoring listed buildings and monuments to their former glory.
网络电话公司阿瓦亚 投资217万扩充简报中心
互联网电话服务公司阿瓦亚(Avaya)投资150万美元(约217万新元)，扩充和翻新其位于科学园通道的执行简报中心(Executive Briefing Centre,简称EBC)，并将以不同的工业领域来区分其业务，其中就包括金融服务和保险业、接待业(hospitality)、零售和保健，以及政府部门等。
阿瓦亚亚太区总裁马韦里(Mark Leigh)前天为翻新后的中心主持推介仪式时指出，通信业发达，加上本地和区域的经济展望良好，越来越多公司采纳具有创意的电信方案，以便从竞争者中脱颖而出。
随着亚太地区的接待业接下来展望良好，例如，在2008年，除了中国将举办奥运会外，F1大赛也将登陆新加坡，因此马韦里看好这个市场，打算在新加坡经营集团的全球接待业中心。
根据美国酒店房地产权威咨询机构——房地产计量经济学(Lodging Econometrics)咨询公司的一份报告显示，亚太区域共有1555家酒店(36万6679间客房)正在施工建造中。
市场研究公司Frost & Sullivan预测，亚太区吸引的旅游和接待业的企业电信方案销售额，在2007年估计将增长17.9％，到了2008年，这个领域的销售额估计将达到2亿9950万美元，同比增长16.6％。
经济发展局助理局长曼诺哈·基雅塔尼(Manohar Khiatani)说，本地资信业在去年的营收达到454亿元，同比增长20％，这个领域的人才增加了7.5％，达到近12万人的颠峰。
根据世界经济论坛的一份06/07年的环球资信科技报告，新加坡也是全世界具备最佳通信网络的国家之一。
阿瓦亚在全球共有25个执行简报中心，包括香港、北京、悉尼、东京和首尔。客户能从这些执行简报中心，亲身体验和学习、了解阿瓦亚的智慧型通信系统和方案。
集团表示，新加坡的执行简报中心是集团到目前为止所建造的最先进的中心。
在本地，阿瓦亚在接待业的客户包括泛太平洋酒店集团、浮尔顿酒店、良木园酒店、圣淘沙百富酒店(The Sentosa Resort & Spa)和云顶集团(Genting Group)。
泛太平洋酒店(Pan Pacific Hotels and Resorts)集团昨天也宣布，其全球11个国家的20多间酒店，将采纳阿瓦亚的统一通讯互联网电话方案(Unified Communication IP telephony solution)。这相信能为集团节省不少营运成本。
泛太平洋的西雅图和马尼拉酒店已率先使用方案，提升客户来电管理的程序和素质。
集团资信科技副总裁马克·范考特(Mark Fancourt)举例说，若客户需要一条毛巾，在传统的系统下，接线员需要经过不少“层”，才能将客户的要求传达给客房部。通过新的系统，电话就能按照客户的需求，直接接到客房部，省下时间、员工和成本。
同时，酒店员工就算不在座位上，他随身携带的个人数码助理(PDA)，也能让他随时接到客户来电。
马克举例说，在传统的通信系统下，若此简单要求需要到的员工人数是5人、时间是10分钟、每分钟的成本约7美元，那新的方案将能只动用1人、在5分钟内完成，成本降低到1.20至1.50美元。
泛太平洋酒店由本地华业集团(UOL)拥有，总部设在本地。马克透露，在本地的泛太平洋酒店应该会于明年成为集团第三家使用这项新服务的酒店。
阿瓦亚亚太区总裁马韦里(Mark Leigh)前天为翻新后的中心主持推介仪式时指出，通信业发达，加上本地和区域的经济展望良好，越来越多公司采纳具有创意的电信方案，以便从竞争者中脱颖而出。
随着亚太地区的接待业接下来展望良好，例如，在2008年，除了中国将举办奥运会外，F1大赛也将登陆新加坡，因此马韦里看好这个市场，打算在新加坡经营集团的全球接待业中心。
根据美国酒店房地产权威咨询机构——房地产计量经济学(Lodging Econometrics)咨询公司的一份报告显示，亚太区域共有1555家酒店(36万6679间客房)正在施工建造中。
市场研究公司Frost & Sullivan预测，亚太区吸引的旅游和接待业的企业电信方案销售额，在2007年估计将增长17.9％，到了2008年，这个领域的销售额估计将达到2亿9950万美元，同比增长16.6％。
经济发展局助理局长曼诺哈·基雅塔尼(Manohar Khiatani)说，本地资信业在去年的营收达到454亿元，同比增长20％，这个领域的人才增加了7.5％，达到近12万人的颠峰。
根据世界经济论坛的一份06/07年的环球资信科技报告，新加坡也是全世界具备最佳通信网络的国家之一。
阿瓦亚在全球共有25个执行简报中心，包括香港、北京、悉尼、东京和首尔。客户能从这些执行简报中心，亲身体验和学习、了解阿瓦亚的智慧型通信系统和方案。
集团表示，新加坡的执行简报中心是集团到目前为止所建造的最先进的中心。
在本地，阿瓦亚在接待业的客户包括泛太平洋酒店集团、浮尔顿酒店、良木园酒店、圣淘沙百富酒店(The Sentosa Resort & Spa)和云顶集团(Genting Group)。
泛太平洋酒店(Pan Pacific Hotels and Resorts)集团昨天也宣布，其全球11个国家的20多间酒店，将采纳阿瓦亚的统一通讯互联网电话方案(Unified Communication IP telephony solution)。这相信能为集团节省不少营运成本。
泛太平洋的西雅图和马尼拉酒店已率先使用方案，提升客户来电管理的程序和素质。
集团资信科技副总裁马克·范考特(Mark Fancourt)举例说，若客户需要一条毛巾，在传统的系统下，接线员需要经过不少“层”，才能将客户的要求传达给客房部。通过新的系统，电话就能按照客户的需求，直接接到客房部，省下时间、员工和成本。
同时，酒店员工就算不在座位上，他随身携带的个人数码助理(PDA)，也能让他随时接到客户来电。
马克举例说，在传统的通信系统下，若此简单要求需要到的员工人数是5人、时间是10分钟、每分钟的成本约7美元，那新的方案将能只动用1人、在5分钟内完成，成本降低到1.20至1.50美元。
泛太平洋酒店由本地华业集团(UOL)拥有，总部设在本地。马克透露，在本地的泛太平洋酒店应该会于明年成为集团第三家使用这项新服务的酒店。
Saturday, December 8, 2007
More hotel plots up for sale next year
TEN hotel sites will be made available next year to meet demand from the fast-growing tourism sector.
Three are new sites in the Government's land sales programme for next year, while the others are carried over from last year's programme, said theMinistry of National Development yesterday.
One of the new sites is between Balestier Road and Ah Hood Road, near the Sun Yat Sen Nanyang Memorial Hall. It had been put up for sale before but there were no takers, so the Government enlarged the parcelto include a park and an adjacent land plot.
The other two new sites are downtown. One is at the corner of Gopeng and Peck Seah Streets, and can host 330 hotel rooms. The other is at the corner of Clemenceau Avenue and Havelock Road, and canaccommodate 260 rooms.
The Balestier Road site, which can hold 675 rooms, is on the confirmed list and will be released in March. The only other hotel site on the confirmed list is at the junction of Race Course and Bukit Timah Roads. It will belaunched for sale in February.
All the other hotel sites on sale, including the Gopeng Street and Clemenceau Avenue plots, are on the reserve list. This means they will not be launched for tender until a developer puts in an acceptable bid.
Theother reserve list plots are at Victoria Street, New Bridge Road, Kallang Road, Jalan Bukit Merah, Jalan Besar and Bernam Street.
Thursday, November 29, 2007
Stamford Land in A$220m Sydney project
SINGAPORE-LISTED Stamford Land, the hotel and property arm of shipping tycoon Ow Chio Kiat, is planning to build some of Australia's most expensive homes on the site of two old demolished warehouses and a heritage building.
Mr Ow bought the 99-year leasehold site on Sydney's The Rocks area fronting Gloucester Street and Cumberland Street for A$22 million in June 2004 and is developing a 30-storey building with 122 apartments, five luxury terraces and commercial and retail space, at a total cost of some A$220 million (S$279 million).
Even before the official launch, 55 per cent of the project is said to have been sold, at an average price of just over A$1,000 per square foot (psf).
The 427 square metre penthouse at The Stamford Residences and The Reynell Terraces is expected to fetch A$14 million, which, according to The Daily Telegraph, will beat the A$12 million paid for another apartment at The Bennelong. This would be just short of the record A$16.5 million paid for three adjoining apartments formerly owned by one of Australia's richest men, John Symond, who founded lending giant Aussie Home Loans and who in 2004 had a fortune estimated at A$365 million.
The cheapest apartment, a 62 sq m one-bedroom unit, is expected to go for A$645,000, or about S$1,200 psf - high, but way below the $4,000 psf apartments at Singapore's Orchard Turn are fetching.
A brochure for the project says: 'This unique development will create history as the last grand residential tower permitted in The Rocks - Sydney's first neighbourhood.'
According to The Daily Telegraph, The Stamford Residences is the final tower to be approved under the Sydney Cove Redevelopment Authority Planning Scheme. The scheme allowed for a single tower to be built in each of the six blocks south of the Cahill Expressway as a way to provide funding to upgrade other heritage buildings in The Rocks area.
In the past 25 years, the scheme has resulted in the Four Seasons Hotel, Grosvenor Tower, Quay West Apartments, the Shangri-la Hotel and the Cove Apartments.
The Telegraph quoted National Trust of Australia conservation director Graham Quint as saying: 'We warm to the idea that this is the last large development of this scale and size. You wouldn't want this encroaching further into the heart of The Rocks . . . This sort of thing is the trade-off to protect the rest of The Rocks . . . The area is becoming glitzier and glitzier but people and tourists don't want to see something they can in their own country. You don't want to lose all that character.'
Stamford Land, with a market capitalisation of about $500 million, owns seven of Australia's best hotels and one in New Zealand. It has also gone into the development of high-end property in the two territories, having developed three luxury residential projects in Sydney - Stamford on Kent, 187 Kent, and Stamford Marque.
Besides The Rocks, it has two other residential projects - The Stamford Residences in Auckland and The Stamford Cosmopolitan in Double Bay - and an office tower in Perth under development.
Mr Ow, Stamford Land's executive chairman, told BT: 'Stamford will continue to make its residential developments synonymous with its five-star luxury hotel brand. We are committed to focus on the upmarket end of the housing market throughout the region.'
SINGAPORE-LISTED Stamford Land, the hotel and property arm of shipping tycoon Ow Chio Kiat, is planning to build some of Australia's most expensive homes on the site of two old demolished warehouses and a heritage building.
Mr Ow bought the 99-year leasehold site on Sydney's The Rocks area fronting Gloucester Street and Cumberland Street for A$22 million in June 2004 and is developing a 30-storey building with 122 apartments, five luxury terraces and commercial and retail space, at a total cost of some A$220 million (S$279 million).
Even before the official launch, 55 per cent of the project is said to have been sold, at an average price of just over A$1,000 per square foot (psf).
The 427 square metre penthouse at The Stamford Residences and The Reynell Terraces is expected to fetch A$14 million, which, according to The Daily Telegraph, will beat the A$12 million paid for another apartment at The Bennelong. This would be just short of the record A$16.5 million paid for three adjoining apartments formerly owned by one of Australia's richest men, John Symond, who founded lending giant Aussie Home Loans and who in 2004 had a fortune estimated at A$365 million.
The cheapest apartment, a 62 sq m one-bedroom unit, is expected to go for A$645,000, or about S$1,200 psf - high, but way below the $4,000 psf apartments at Singapore's Orchard Turn are fetching.
A brochure for the project says: 'This unique development will create history as the last grand residential tower permitted in The Rocks - Sydney's first neighbourhood.'
According to The Daily Telegraph, The Stamford Residences is the final tower to be approved under the Sydney Cove Redevelopment Authority Planning Scheme. The scheme allowed for a single tower to be built in each of the six blocks south of the Cahill Expressway as a way to provide funding to upgrade other heritage buildings in The Rocks area.
In the past 25 years, the scheme has resulted in the Four Seasons Hotel, Grosvenor Tower, Quay West Apartments, the Shangri-la Hotel and the Cove Apartments.
The Telegraph quoted National Trust of Australia conservation director Graham Quint as saying: 'We warm to the idea that this is the last large development of this scale and size. You wouldn't want this encroaching further into the heart of The Rocks . . . This sort of thing is the trade-off to protect the rest of The Rocks . . . The area is becoming glitzier and glitzier but people and tourists don't want to see something they can in their own country. You don't want to lose all that character.'
Stamford Land, with a market capitalisation of about $500 million, owns seven of Australia's best hotels and one in New Zealand. It has also gone into the development of high-end property in the two territories, having developed three luxury residential projects in Sydney - Stamford on Kent, 187 Kent, and Stamford Marque.
Besides The Rocks, it has two other residential projects - The Stamford Residences in Auckland and The Stamford Cosmopolitan in Double Bay - and an office tower in Perth under development.
Mr Ow, Stamford Land's executive chairman, told BT: 'Stamford will continue to make its residential developments synonymous with its five-star luxury hotel brand. We are committed to focus on the upmarket end of the housing market throughout the region.'
Saturday, November 24, 2007
AMARA HOLDINGS LTD
AMARA HOLDINGS LTD - Incorporation of Silk Road Restaurant (M) Sdn. Bhd
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C3FA029430ACA0EA4825739C0036A415/$file/IncorporationSilkRoadRestMSdnBhd.pdf?openelement
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C3FA029430ACA0EA4825739C0036A415/$file/IncorporationSilkRoadRestMSdnBhd.pdf?openelement
Wednesday, November 21, 2007
Hotel investors eye Singapore
Hotel investors eye Singapore
It's a bullish market out there for hotel investments and Singapore is emerging as the darling for investors in a capital-rich environment.
The outlook couldn't be more bullish. The hotel industry is awash with capital looking for homes. The economies in Asia are booming, fuelled mainly by China and, to a lesser degree, India.
At every investment conference, hotel chief executives find it hard-pressed to point out any reason, other than the unforeseen, that could possibly burst the hotel bubble.
At Jones Lang LaSalle Hotels' 10th Asia Pacific Investment Conference held in Singapore in May, the company reported that nearly US$70 billion worth of hotel transactions were registered in 2006, approximately 53% higher than 2005's volume, which was itself a record year - 60% higher than 2004.
Mr Arthur de Hasst: No significant slowdown in sight.Good hotel growth predicted in Asia-Pacific
Asia Pacific enjoyed record growth. JLL estimated that total transaction volume in 2006 was around US$5.25 billion - 73% higher than the previous record posted in 2004 and more than double 2005's levels.
This year, the company is projecting hotel investments in Asia Pacific to get close to US$8 billion. Capital is flowing in from all areas, such as from the Middle East to new sources such as China and India.
"We will not be seeing any significant slowdown in investment activity," predicted Mr Arthur de Hasst, Global CEO of JLL Hotels.
Singapore a favourite amongst hotel investors
And Singapore, which was among the most favoured destinations in 2006, looks set to continue its popularity with investors.
Mr Scott Hetherington, JLL's Managing Director in Asia, said: "We expect to see more transactions in more markets throughout 2007 as investor interest spreads into new markets especially China, India, Vietnam, although Singapore, Hong Kong and Tokyo are expected to remain investment hot spots in 2007."
Hotel investors agree. During a panel during the conference, the top investment funds, when asked to pick their choices for 2007, named Singapore as one of their favoured sites.
The panel of five investors between them accounted for 20% of the US$70 billion in hotel transactions last year.
Saturday, November 17, 2007
AMARA HOLDINGS LTD
Note : By End Dec 2007, may test 0.825-0.835 again
3nd QUARTER FINANCIAL STATEMENT & DIVIDEND ANNOUNCEMENT
Press Release - Results 3Q2007
Friday, November 16, 2007
Banyan Tree ‘grows’ on Palawan Island
Singapore-based hotel and resort operator Banyan Tree Holdings Ltd. will invest $80 million in building two hotels in Palawan, which are expected to be completed in 2010.
Ho Kwon Ping, the executive chairman of Banyan Tree, said this initial investment is a portion of a major long-term investment plan by Banyan Tree in the Philippines, adding the company may expand to other parts of the country to build similar businesses.
“The plan is to have an integrated chain of hotels and resort in the country as what we did in other countries. We want to have similar business in the Philippines because we believe that this country has the potential to compete not only in the region but also throughout the world,” Ho said during a press conference in Malacañang.
Putting up an integrated chain of hotels will have an overall cost of between $700 million to $800 million, Ho said, adding his company could employ as many as 8,000 Filipinos once an integrated hotel business is put in place.
The company is already running a similar chain of hotels and resorts in Vietnam and Thailand. It has seven hotels in Thailand that directly employ 4,000 people.
Banyan Tree’s plan in the Philippines will be similar to its business in Thailand.
But while the country’s tourism potential is world-class, Ho said there is still a need for the government to invest in building additional infrastructure such as roads, airports and seaports.
“This country already has infrastructure that is way ahead of its Asian neighbors but more investment in this area is needed. Its potential in tourism is superb: it has the excellent food, natural resources, and culture. What you need is additional infrastructure,” he said.
Banyan Tree, which already invested before in the Philippines, considered returning to the country after President Arroyo visited Singapore last year.
Ho said the Department of Tourism assisted them in choosing Palawan as the best location for their business.
The company also operates in India, Indonesia, China, Vietnam, Maldives and Seychelles.
Ho Kwon Ping, the executive chairman of Banyan Tree, said this initial investment is a portion of a major long-term investment plan by Banyan Tree in the Philippines, adding the company may expand to other parts of the country to build similar businesses.
“The plan is to have an integrated chain of hotels and resort in the country as what we did in other countries. We want to have similar business in the Philippines because we believe that this country has the potential to compete not only in the region but also throughout the world,” Ho said during a press conference in Malacañang.
Putting up an integrated chain of hotels will have an overall cost of between $700 million to $800 million, Ho said, adding his company could employ as many as 8,000 Filipinos once an integrated hotel business is put in place.
The company is already running a similar chain of hotels and resorts in Vietnam and Thailand. It has seven hotels in Thailand that directly employ 4,000 people.
Banyan Tree’s plan in the Philippines will be similar to its business in Thailand.
But while the country’s tourism potential is world-class, Ho said there is still a need for the government to invest in building additional infrastructure such as roads, airports and seaports.
“This country already has infrastructure that is way ahead of its Asian neighbors but more investment in this area is needed. Its potential in tourism is superb: it has the excellent food, natural resources, and culture. What you need is additional infrastructure,” he said.
Banyan Tree, which already invested before in the Philippines, considered returning to the country after President Arroyo visited Singapore last year.
Ho said the Department of Tourism assisted them in choosing Palawan as the best location for their business.
The company also operates in India, Indonesia, China, Vietnam, Maldives and Seychelles.
新加坡调高酒店业房地产税 星展银行称影响不大
新加坡调高酒店业房地产税 星展银行称影响不大
针对新加坡国税局（IRAS）明年1月起调高新加坡酒店房地产税的措施，星展银行发布报告，称对酒店业的影响将“微不足道”。
星展银行以当地一酒店服务信托（CDL，城市发展酒店服务信托）为例，称税务调整仅把该信托2008和2009财年的可支配收入略微下调了0.9％和1.8％。
新加坡政府本月8日公布，将从明年1月1日调整酒店房地产税率的评估基础。酒店必须以酒店年值（annualvalue）的10％来计算须缴付的房地产税（酒店的年值为前一年总客房收入的20％，到2009年该比例将进一步调高到25％）。
这意味着，该措施将使酒店业者须缴付的房地产税将增加至少33％，不过分析师和业者表示，这不会对酒店业者造成显著的影响，也不会削弱酒店的利润或可派发收入。
针对新加坡国税局（IRAS）明年1月起调高新加坡酒店房地产税的措施，星展银行发布报告，称对酒店业的影响将“微不足道”。
星展银行以当地一酒店服务信托（CDL，城市发展酒店服务信托）为例，称税务调整仅把该信托2008和2009财年的可支配收入略微下调了0.9％和1.8％。
新加坡政府本月8日公布，将从明年1月1日调整酒店房地产税率的评估基础。酒店必须以酒店年值（annualvalue）的10％来计算须缴付的房地产税（酒店的年值为前一年总客房收入的20％，到2009年该比例将进一步调高到25％）。
这意味着，该措施将使酒店业者须缴付的房地产税将增加至少33％，不过分析师和业者表示，这不会对酒店业者造成显著的影响，也不会削弱酒店的利润或可派发收入。
Wednesday, November 14, 2007
Singapore Hotels
Singapore Hotels Higher Property Taxes
Singapore hotels will pay higher property taxes from next year due to changes in the way the tax is calculated.
Starting next year, the annual value of a hotel will be calculated based on 20 percent of gross room receipts in the preceding year, up from the current 15 percent, the report said, quoting a spokeswoman from the Inland Revenue Authority of Singapore (IRAS).
Hotel owners have to pay 10 percent of the annual value to the IRAS as property tax.
Hotels will also have to pay more tax for their food and beverage outlets from next year, when the tax formula will based on the estimated current market rent of food and beverage outlets instead of 5 percent of gross food and beverage revenue.
The Business Times said hotels' annual value a would be adjusted again in 2009 when it would be based on 25 percent of gross room receipts.
Singapore hotels will pay higher property taxes from next year due to changes in the way the tax is calculated.
Starting next year, the annual value of a hotel will be calculated based on 20 percent of gross room receipts in the preceding year, up from the current 15 percent, the report said, quoting a spokeswoman from the Inland Revenue Authority of Singapore (IRAS).
Hotel owners have to pay 10 percent of the annual value to the IRAS as property tax.
Hotels will also have to pay more tax for their food and beverage outlets from next year, when the tax formula will based on the estimated current market rent of food and beverage outlets instead of 5 percent of gross food and beverage revenue.
The Business Times said hotels' annual value a would be adjusted again in 2009 when it would be based on 25 percent of gross room receipts.
Monday, November 12, 2007
Banyan Tree reports 14% net profit growth for Q3 at S$49.1m
SINGAPORE: Resort and spa operator Banyan Tree has reported a 14 percent increase in net profit for Q3 at S$49.1 million.
Banyan Tree is seeing strong growth in its hotel operations – one of three pillars that are driving revenue growth.
But it saw a sharp drop in revenue from the hotel residences segment, which came in at S$3.6 million, down from S$9.1 million a year ago.
Banyan Tree sold 14 units of villas and townhouses in Phuket and Lijiang in the quarter. But the sales of S$30.7 million will only be booked progressively over the next 1 to 1.5 years.
Ho Kwon Ping, executive chairman of Banyan Tree Holdings, said: "The strategic importance is that essentially when you sell them down, the remaining holding cost for the hotel for you goes down dramatically, so then the profitability of the hotel increases tremendously, so in that sense it's very important for us. "We don't anticipate that it will be much of a problem in terms of property cycles.
It's not that big a project to begin with. We give a guaranteed income so a lot of the people who buy them are already very wealthy individuals who are not speculating in the property market."
Banyan Tree is seeing strong growth in its hotel operations – one of three pillars that are driving revenue growth.
But it saw a sharp drop in revenue from the hotel residences segment, which came in at S$3.6 million, down from S$9.1 million a year ago.
Banyan Tree sold 14 units of villas and townhouses in Phuket and Lijiang in the quarter. But the sales of S$30.7 million will only be booked progressively over the next 1 to 1.5 years.
Ho Kwon Ping, executive chairman of Banyan Tree Holdings, said: "The strategic importance is that essentially when you sell them down, the remaining holding cost for the hotel for you goes down dramatically, so then the profitability of the hotel increases tremendously, so in that sense it's very important for us. "We don't anticipate that it will be much of a problem in terms of property cycles.
It's not that big a project to begin with. We give a guaranteed income so a lot of the people who buy them are already very wealthy individuals who are not speculating in the property market."
Subscribe to:
Posts (Atom)
