|
HVS Monday Musings: Food Delivery – Wrapping it Up with Sustainable Packaging
By Mandeep Lamba, Dhwani Gupta, and Dipti Mohan
The majority of Indian restaurants now use bio-degradable packaging, cutlery, and straws; however, we need creative thinking to make sustainable packaging more “sustainable”. Read on to know more.
To view and download the full article, please click here.
| |
|
TRIAD Acquires ANA Crowne Plaza Hotel Kyoto via Real Estate Crowdfunding
Japan-based TRIAD Co., Ltd (“TRIAD”) has just acquired the 291-key ANA Crowne Plaza Hotel Kyoto (“ANACPHK”), by raising a staggering JPY7.2 billion through real estate crowdfunding ‘COZUCHI’. Launched in 2019, COZUCHI has managed to raise over JPY22 billion, with its goal to achieve total assets of JPY100 billion and acquire JPY1 billion worth of real estate assets. The ANACPHK is situated opposite of the prominent UNESCO World Heritage site Nijo-Castle and a minute walk away from Nijojo-mae Subway Station. The property is managed by UK-based IHG Hotels & Resorts and consists of six restaurant and bars, ten meeting rooms, a fitness centre, an indoor pool and sauna.
| |
|
Aman to Open its First Sister Brand Hotel, Janu, in Tokyo
Switzerland-based Aman Resorts (“Aman”) is set to debut its sister brand, Janu, in Tokyo this autumn 2023. Janu Tokyo will be a 13-storey building with 122 guest rooms, with majority of the rooms having private balconies that faces at the Tokyo Tower. Janu Tokyo will also feature the Janu Wellness Centre that span over 4,000 square metres, making it the largest luxury hotel wellness centre in Tokyo. Next to the Janu Tokyo, the Aman Residences will also be opening in 2024, featuring 91 apartments and a 1,400 square metres Aman Spa.
| |
|
Former Metropolitan YMCA Residences Rebranded as The Assembly Place’s First Service Apartment
Singapore-based The Assembly Place (“TAP”) will open its first service apartment at 58 Stevens Road – The Assembly Place @ Stevens (“TAPS”). Rebranded from the former Metropolitan YMCA Residences, the 27-key TAPS is located seven minutes’ walk away from the Stevens MRT station and within a short distance to Orchard Road. TAPS will be the first out of the four service apartments that will be launched under the TAP brand this year. A total of 1,500 rooms are expected to be in operation for TAP by June 2023.
| |
|
Good Housing Plans to Develop a 15-storey Co-living Development in Newcastle, Australia
Australia-based Good Housing (“GH”) has announced its plan to develop a 15-storey co-living apartment in Newcastle, Australia. Located at 28 Denison Street, the proposed property will be in walking distance to the Newcastle Interchange Railway Station. Each of the 72 co-living unit will have their own private space, but also access to facilities such as communal kitchens, indoor and outdoor communal space such as a roof terrace. Co-living was introduced into the New South Wales Housing Policy in 2021, and it is eligible for a density bonus of 10 percent until August 2024.
| |
Absolute Share Price Performance, as of 17 March 2023 | |
| Closing Share Price | 17 March 2023 | 10 March 2023 | % Change | | |
| Australia Stock Exchange (ASX) | | |
| Elanor Investors Group | 1.59 | 1.66 | -4.2%
| | Event Hospitality & Entertainment Ltd | 11.76 | 12.44 | -5.5%
| | General Property Group | 4.31 | 4.59 | -6.2%
| | Mirvac Group | 2.12 | 2.21 | -4.1%
| | |
| Bangkok Stock Exchange (THB) | | |
| Central Plaza Hotel Public Co Ltd | 54.25 | 57.50 | -5.7%
| | Dusit Thani Public Co Ltd | 11.70 | 11.80 | -0.8%
| | The Erawan Group Public Co Ltd | 4.96 | 5.10 | -2.7%
| | Grande Asset Hotels & Property Public Co Ltd | 0.22 | 0.23 | -4.3%
| | Laguna Resorts & Hotel Public Co Ltd | 34.25 | 35.00 | -2.1%
| | Minor International Public Co Ltd | 32.00 | 32.75 | -2.3%
| | S Hotels and Resorts Public Company Limited | 4.18 | 4.50 | -7.1%
| | |
| China Shanghai Stock Exchange (RMB) | | |
| Jinling Hotel Corporation Ltd | 9.78 | 10.11 | -3.3%
| | |
| China Shenzhen Stock Exchange (RMB) | | |
| Huatian Hotel Group Co.,Ltd. | 5.03 | 5.14 | -2.1%
| | Guangzhou Lingnan Group Holdings Company Limited | 11.03 | 11.13 | -0.9%
| | |
| Huazhu Group Limited | 47.44 | 48.31 | -1.8%
| | |
| Hong Kong Stock Exchange (HK$) | | |
| Miramar Hotel & Investment Co Ltd | 11.80 | 11.62 | 1.5%
| | Regal Hotels International Holdings Ltd | 3.20 | 3.22 | -0.6%
| | Sino Hotels Holdings Ltd | 2.10 | 2.25 | -6.7%
| | The Hong Kong & Shanghai Hotels Ltd | 7.86 | 8.00 | -1.8%
| | Shangri-La Asia Limited | 7.33 | 7.21 | 1.7%
| | |
| National Stock Exchange (INR) | | |
| Chalet Hotels Ltd | 366.50 | 376.15 | -2.6%
| | IHCL (Taj Hotels, Resorts & Palaces) | 320.75 | 317.35 | 1.1%
| | EIH (Oberoi Hotels & Resorts) | 162.85 | 165.95 | -1.9%
| | Hotel Leela Ventures | 10.00 | 10.35 | -3.4%
| | Lemon Tree Hotels Ltd | 78.00 | 79.35 | -1.7%
| | |
| The Shilla | 75,100 | 75,800 | -0.9%
| | |
| Singapore Stock Exchange (S$) | | |
| Amara Holdings Ltd | 0.32 | 0.32 | 0.0%
| | ARA Htrust (US$) | 0.38 | 0.39 | -3.8%
| | Ascott Residence Trust | 1.01 | 1.00 | 1.0%
| | Banyan Tree Holdings Limited | 0.34 | 0.35 | -2.9%
| | CDL Hospitality Trusts | 1.19 | 1.20 | -0.8%
| | Eagle Htrust | 0.14 | 0.14 | na
| | Far East Hospitality Trust | 0.60 | 0.61 | -1.6%
| | Frasers Hospitality Trust | 0.45 | 0.46 | -2.2%
| | Hotel Grand Central Ltd | 0.88 | 0.89 | -1.1%
| | Hotel Properties Ltd | 3.56 | 3.55 | 0.3%
| | Mandarin Oriental International Ltd (US$) | 1.84 | 1.88 | -2.1%
| | Stamford Land Corporation Ltd | 0.40 | 0.40 | 0.0%
| | |
| Taiwan Stock Exchange (NT$) | | |
| Formosa International Hotels Corporation | 272.00 | 281.00 | -3.2%
| | The Ambassador Hotel, Ltd | 35.55 | 36.20 | -1.8%
| | |
| Tokyo Stock Exchange (JPY) | | |
| Japan Hotel REIT Investment Corp. | 71,800 | 76,500 | -6.1%
| | Imperial Hotel, Ltd | 1,918 | 1,920 | -0.1%
| | Red Planet Japan Inc | 31 | 33 | -6.1%
| | |
Superior Results through Unrivaled Hospitality Intelligence. Everywhere.
| |
|
Stay current. Click here to receive free HVS newsletters
Looking for insights into the hospitality industry?
Discover unique hospitality intelligence at hvs.com/publications
Interested in a particular market?
Find hundreds of market overviews, all written by HVS experts, at hvs.com/marketreviews
Like to be in the know on hotel trends and predictions?
See our Hotel Valuation Index for dozens of cities at hvi.hvs.com
HVS.com
| |
|
Copyrights © 2023 All Rights Reserved by HVS
Privacy Policy
Sent By: HVS Asia Pacific
If you would like to change your preferred email format, change your subscribed email address, or have any comments or suggestions, please contact us at: hvs@hvs.com.
| | | | |
