Development Design & Construction issue 12 | February 2012
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Development Design & Construction
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Summary News: from around Asia
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PANORAMA GROUP TO INCREASE HOTEL PORTFOLIO ACROSS INDONESIA dates tenta vely set for the Panorama Group aims to middle of 2013. There could increase its presence in the hospitality industry by launching also be a similar number of new developments under the two new hotel brands through its company’s The Haven 4-star PHM Hospitality subsidiary this brand over the next 12 months year. Although the brand names if all goes according to plan. have yet to be announced, it PMH Hospitality has confirmed has been confirmed that one that it hopes to have 15 hotels will target the budget market in opera on across Indonesia while the other will be a midby the end of 2013 and 30 by er thema c brand. One hotel 2015. travellers. The Holiday Inn under each new brand is set Express brand is going through to be built in Bali. Meanwhile, a rapid expansion phase that there are also plans to open includes a pipeline of more four addi onal hotels under the than 50 hotels with over 11,000 company’s The 101 brand. The rooms in the Asia pacific region new 3-star proper es will be located in Jakarta, Bali, Bogor, alone. and Jogjakarta, with the launch SWISS INTERNATIONAL HOTELS TO ENTER CHINESE MARKET Swiss Interna onal Hotels is set to sustained group in the luxury expand into the Chinese market hotel segment in its na ve a er signing an agreement China. The company already with the HuaYuan Group owns the 588-room Wyndham of Xiamen. The partnership Hotel in Xiamen and has three provides the HuaYuan Group more luxury hotels currently with the opportunity to achieve under development.
The arrangement also fits in with Swiss Interna onal Hotel’s strategy to expand into new markets in Europe, the Middle East, and Africa as well as Asia.
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GLOBAL HOTEL GROUPS EYEING MYANMAR Leading interna onal hotel groups Starwood and Marrio have both expressed an interest in entering Myanmar, one of the last truly underdeveloped tourism markets in the world. With Myanmar gradually opening up to foreign tourists and entrepreneurs, the country has huge poten al although its
infrastructure is in desperate need of investment and development. However, while both Starwood and Marrio have monitored the situa on closely, neither group is likely to firm up its interest before trade sanc ons imposed by America and Europe are li ed.
URA APPROVES SEVERAL NEW RESIDENTIAL AND COMMERCIAL DEVELOPMENTS IN SINGAPORE The Urban Redevelopment Authority (URA) of Singapore has given its provisional consent for the construc on of several new residen al and commercial projects in the city state. Most notable among the projects given the green light is a 670-room hotel to be built on Orchard Road by the Hong Fok Corpora on’s Yat Yuen Hong unit. Other large developments include a mixed office and retail project to be constructed at Jurong Gateway by Watergate,
a joint venture between CapitaMalls Asia, CapitaMall Trust, and CapitaLand. Also receiving provisional approval was a 532-unit condominium at Punggol Field by Publique Realty, and the 429unit Fraser Centrepoint’s Palm Isles at Flora Drive. Approval was also given to Asplenium Land to develop 276 units for Seletar Park Residences, while Keppel is set to build a 367-unit condominium at Keppel Bay Drive.
MULIA GROUP TO OPEN LUXURY RESORT IN BALI The Mulia Group is set to open a stunning new beachfront resort in Bali this year. Located in Nusa Dua, the resort will feature a range of luxury accommoda on that includes villas, suites, and a 6-bedroom mansion. A café-style brasserie will offer idyllic ocean views, while Mediterranean cuisine will be on offer at the resort’s
main restaurant. Guests will be able to recharge their ba eries in the lounge, oceanfront pools, or spa. There is a 250-capacity lakeside wedding chapel, while corporate and private events can be accommodated in the Grand Ballroom and conference rooms with a combined capacity of 5,000.
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Understated Luxury www.riverbirches.co.nz
STARWOOD ENJOYS RECORD GROWTH On the back of the largest growth in the company’s history last year, Starwood Hotels & Resorts Worldwide has confirmed its expansion plans for 2012 with a focus on the Asia Pacific region. Having opened a record 21,000 rooms
in 81 new hotels worldwide last year, Starwood plans to launch 80 new proper es in 2012. By far the biggest growth sectors for the group are the luxury and upper upscale segments, which account for more than 60% of all planned new proper es.
Asia Pacific is the geographically most important market with almost 50 new hotels planned across the region in 2012 taking the company’s Asia Pacific por olio to 250. Almost 35 of those new hotels will be in China. IHG COMPLETES ITS INDOCHINA CAPITAL SET Intercon nental Hotel Group (IHG) has completed its set of Crowne-Plaza proper es in the capital ci es of Indochina a er reaching an agreement with Vietnam’s BIM Group to build a new hotel in the Lao an capital city of Vien ane. The deal also includes a new resort development on the Vietnamese island of Phu Quoc and adds to exis ng proper es in Hanoi and Phnom Penh. Both of the new hotels are due for comple on in 2015.
ANOTHER GREAT YEAR FOR ACCOR IN THE ASIA PACIFIC REGION The Accor Group enjoyed another great year in the Asia Pacific region in 2011 with the opening of 67 new proper es in 10 countries across the region as well as the acquisi on of Mirvac Hotels & Resorts. With a
presence in 16 countries across the Asia Pacific, Accor now operates a total of nearly 92,000 rooms in 480 hotels, confirming its posi on as the leading hotel operator in the region. The company also raised its profile
in Australasia with the strategic acquisi on of Mirvac Hotels & Resorts, which manages 6,100 rooms in 48 hotels in Australia and New Zealand.
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