DOCSLIB.ORG

Investor Presentation

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Investor Presentation Hotel Indigo Venice - Sant'Elena, Italy Investor Presentation August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited Most pure play, asset light global hotel company - highest quality of earnings High quality revenue stream • >95% of profits from fee business following disposal of InterContinental Hong Kong • ~80% of IHG’s fee revenues linked to hotel revenues • ~10% of IHG’s fee revenues linked to hotels profits IHG benefits from industry upside, but more resilient in a downturn H1 2019 Open Rooms H1 2019 Pipeline Rooms 1% 0% 30% 41% Franchise Managed 59% 69% Owned & Leased August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 2 Global business with a presence in over 100 countries; concentrated in the US and China Closing room count (k) Closing pipeline rooms (k) June 2019 June 2019 (Global: 856k rooms) (Global: 282k rooms) 126k 15% 85k 30% 119k Americas 215k 515k 42% 25% 60% EMEAA Greater China 78k 28% August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 3 Executing against our strategic initiatives at pace Rooms & RevPAR Results • +0.1% Global RevPAR • +2% underlying operating profit growth • +5.7% net rooms growth, highest in a decade • +2% underlying EPS growth • Highest H1 signings in over a decade • $141m free cash flow generation • +10% Interim dividend Strengthened established brands Progress with new brands • Launched new prototypes across Holiday Inn, • Launched Atwell Suites with strong owner interest Staybridge Suites and Candlewood Suites to enhance guest experience and drive owner ROI • 3 avid hotels now open, ~200 signings since launch • 6 voco hotels open, 21 deals signed since launch and ~30 • Growing international footprint for Kimpton with a expected by end 2019 presence secured in 14 markets and Hotel Indigo to enter 16 new countries • 2 Regent Hotels & Resorts signings and brand refresh • Developing flagship Crowne Plaza Hotels • 5 Six Senses signed since acquisition August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 4 A solid H1 performance Group The Americas • H1 2019 RevPAR = 0.1% • H1 2019 RevPAR = (0.5)%; US = 0.0% • 5.7% net rooms growth • 2.7% net rooms growth • 30k openings • 211 openings • 48k pipeline signings • 14k pipeline signings EMEAA Greater China • H1 2019 RevPAR = 0.2% • H1 2019 RevPAR = (0.3)% • UK = 2%; CE = 3% with strength in Germany • Mainland = (1)%, HK SAR = (0)%, Macau SAR = 5% • 6.5% net rooms growth • 18.2% net rooms growth • 11k pipeline signings • 22k pipeline signings August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 5 Update on strategic initiatives – On track to deliver industry leading net system size growth Enhancing existing brands Accelerating net system size growth from established brands • Over 1,400 hotels with Formula Blue guest room designs present or Net system size (rooms) +5.7% committed across North America Holiday Inn Express estate since 856k launch in 2014 New brands +4.1% • New Holiday Inn public space and guest rooms designs in the US now Established brands 810k present or committed to in >150 hotels since 2015 +3.7% 778k • Improvements in guest satisfaction across Crowne Plaza following +3.6% Accelerate programme 750k • Transformational design prototypes for Staybridge Suites and 724k Candlewood Suites H1 15 H1 16 H1 17 H1 18 H1 19 Increased number of brands Strong signings pace to drive future growth Number of brands Signings (rooms) 46k 48k +5 18 41k 35k 13 32k New brands Established brands 2016 2019 H1 15 H1 16 H1 17 H1 18 H1 19 August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 6 Update on strategic initiatives – On track to deliver industry leading net system size growth 5. Optimise our preferred portfolio of brands for owners & guests 1. Build & leverage scale 5 • On track with $125m efficiency programme • Strengthening existing brands 1 • New organisational structure embedded • Launched Atwell Suites IHG’s • Acquired Six Senses Strategic • Evolving our approach to responsible 4 Model 2. Strengthen loyalty programme business 2 • Enhancing value of programme securing experiences for members through US Open 4. Evolve owner proposition Tennis Championships partnership 3 • Investment in development resources driving • InterContinental Alliance Resorts partnership signings pace 3. Enhance revenue delivery with Sands China in Macau giving guests the opportunity to earn and redeem points in • More cost efficient prototypes for Holiday Inn, • Developing updated arrivals platform highly desirable destinations Staybridge Suites and Candlewood Suites within IHG Concerto • Maximising value of points for members with • Growing franchising for Holiday Inn, Holiday • Attribute inventory and pricing on GRS pilots of variable pricing for redemption Inn Express and Crowne Plaza in Greater to pilot by year-end nights and ability to pay with points during China with over 200 signings to date guest stays • Price optimisation software for Groups business in IHG Concerto August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 7 On track to deliver $125m of savings by 2020 to reinvest in growth Total annual savings of $125m by 2020 Progression in underlying fee margin1 +0.3%pts • Total annual savings of $125m by 2020 54.2% • Phasing unchanged: 2018: 40%, 2019: 80%, 2020: 100% • Savings fully re-invested on an annual basis 53.9% H1 2018 H1 2019 • Fee margin2 up 130bps excluding the impact of $6m savings realised ahead of investment in growth initiatives in H1 2018, and the small operating loss from the acquisition of Six Senses in H1 2019 • Continued strong focus on cost efficiency will result in medium term fee margin progression broadly in line with the historic average 1 Fee margin excluding owned asset disposals, significant liquidated damages, current year acquisitions and stated at constant H1 2018 exchange rates (CER) 2 Reported Fee margin stated at AER August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 8 Our strategy for uses of cash remains unchanged Invest in the Maintain sustainable Return surplus business to growth in ordinary funds to drive growth dividend shareholders Commitment to Investment Grade Credit Rating 2.5x – 3.0x Net Debt : EBITDA1 1 Range represents best proxy for investment grade credit rating under accounting standard IFRS 16 – equivalent to 2.0 – 2.5x net debt: EBITDA under the previous standard August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 9 Conclusions • We are working at pace and delivering against our new strategic initiatives • Our company-wide efficiency programme is on track to deliver the expected savings by 2020 • Acceleration in net rooms growth from our established brands • Positive owner reaction to new brands supports industry leading growth in the future • Whilst there are always macro-economic and geo-political uncertainties in some markets, our broad geographic spread and the resilient, cash-generative nature of our business gives us confidence in the outlook for the balance of the year August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 10 Sources & uses of Cash August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 11 Significant cashflow from operations well above capex needs Free cash flow FY 2018 ($m) 941 (99) 146 (137) (134) 717 (108) 609 (95) (38) 45 (200) 321 EBITDA1 System Fund Working Exceptional Interest & tax Net cashflow Maintenance Underlying Recyclable Acquisitions FX, other Dividends (Increase)/ inflow/(outflow) 2 capital & other Items 3 from operations capex & key free cash flow & system receipts & decrease movements before contract money fund capex one offs in net debt acquisition costs • Underlying free cash flow up $93m year-on-year • Gross capital expenditure of $245m covered 2.9x by net cashflow from operations 1 Before exceptional items and System Fund result; 2 System Fund result excludes exceptional costs of $47m in relation to efficiency programme; 3 Includes $106m relating to group wide efficiency programme ($47m in relation to the System Fund) August 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 12 Cashflow from operations well above capex needs Free cash flow H1 2019 ($m) 491 60 (237) (30) 186 (98) 141 (45) (51) (299) (24) (649) (882) 1 2 3 EBITDA System Fund Working Exceptional Interest & tax Net cashflow Maintenance Free cash flow Recyclable Acquisitions FX, other Dividends (Increase)/ inflow/(outflow) capital & other Items from operations capex & key & system receipts & decrease movements before contract money fund capex one offs in net debt acquisition costs • Free cash flow down $120m year-on-year, due to working capital outflow which will largely reverse, and higher cash tax • Gross capital expenditure of $101m covered 1.8x by net cashflow from operations 1 Before exceptional items and System Fund result; 2 System Fund result excludes exceptional costs of $13m in relation to
Load more

Recommended publications
  • October – November
    HOOD SAILMAKERS . TR1J IN At Hood we believe it's our job to provide you with the best sails to accomplish your performance goals. Our computer generated moulded sails give you lasting performance through our proven designs and durability. Results are easy to come by when you use Hood Sails. TAKE A TIP FROM THOSE WHO KNOW. "Th e co 111bi11 ario11 of lasting pe1for111a 11 ce and reliability gives us co11ti11ui11g rnccess." Mal'tin James - Team Jaguar/ lnfini ty III "Our Hood sails have given us the edge 0 11 ou r comperi tors. " Hans Somme 1· - Somm e1· Breeze "Reliability and pe1fo r111a11 ce is the kev to success. " Ra y Stone - Razo1·'s Edge "Th ey are fast a11d they last." Geoff Ross - Yendys " You ca11 't bear race wi1111i11g speed." Richal'd P e1·ini - Corinthian Doors. C•l•JD The Trusted Name in Sailmaking SAILMAKERS From the Commodore's Desk n Saturday, August 2, Aus­ high price events like the America's his experiences from the time he left the tralia's second biggest ocean Cup and the two or three maxi boats Merchant Navy in pursuit of just one racing event, after the Telstra that are first out of Sydney Heads on thing, winning the single-handed BOC Sydney to Hobart, started and finished Boxing Day. Round the World Race. with little more than a whimper in the There may be a case for elitism with Those of us who know Adams were press. the America's Cup. However, there is not surprised he achieved this goal This race was, of course, the Cruis­ little understanding that whilst these through his own resourcefulness and ing Yacht Club of Australia's XXXX big boats might be the domain of indi- tenacity and the relentless support and Sydney to Southport Race and, like viduals able to afford them, the crews commitment of his wife Caroline.
    [Show full text]
  • Rps Horeca.Pdf
    SAMBONET PADERNO INDUSTRIE S.P.A. 2 COMPANY PROFILE HOTEL SAMBONET PADERNO INDUSTRIE S.P.A. FACTORY ENG ITA The company based in Orfengo, between Novara and Con sede ad Orfengo tra Novara e Vercelli, è il Gruppo Vercelli, is a leading Italian manufacturer of top quality italiano leader nella produzione di articoli di design di designer items for the tabletop and kitchen, both for alta qualità per la tavola e la cucina, destinati sia al the home as well as for the catering sector. Sambonet settore home sia al canale Ho.re.ca. Paderno Industrie S.p.A. was established in 1997 Sambonet Paderno Industrie S.p.A. nasce nel 1997 following the purchase of Sambonet by Paderno and in seguito all’acquisizione di Sambonet da parte di merging. Sambonet has always been very dynamic in Paderno. the pursuit of modernity for its products. Sambonet ha dimostrato negli anni una decisa The work of Roberto Sambonet - a key designer at aspirazione verso la modernità che si esplica con Sambonet from the ‘50s through the ‘80s - is a valuable l’attività di Roberto Sambonet, designer dell’azienda testimony to this undertaking. Through the design and dagli anni ‘50 alla fine degli anni ‘80. Per questo la functionality of our products; our company’s ability to ricerca dello stile, della forma, della funzionalità e adapt to new lifestyles has always been the key to l’adattamento ai nuovi stili di vita è sempre stata our market identification. In order to accomplish this imprescindibile dalla ricerca del riconoscimento del Design-Industry-Market synergy, we have established mercato.
    [Show full text]
  • Hayman Island Campus
    Study. Work. Live. THE HOTEL Blend the best of Swiss and Australian SCHOOL Hospitality Education in a world class resort HAYMAN ISLAND on a tropical island 30°C – 32°C SUMMER 2020 Winner. HM Resort of the Year STUDY. WORK. LIVE. The Hotel School is proud to launch a one-of-a-kind campus on InterContinental Hayman Island Resort. It’s the only hotel school in the world where you can study, work and live on a 5-star resort island. The Associate Degree of International Hotel and Tourism Management is a great opportunity to graduate with two qualifications from two globally respected providers, renowned for their expertise in hospitality and hotel management education; Associate Degree of International Hotel and Tourism Management from Southern Cross University and the Diploma in International Hotel and Tourism Management from HTMi Switzerland. Students will have access to 880 hours of paid internship and will be eligible for entry into the three-year Bachelor of Business in Hotel Management at The Hotel School with two-years’ credit. A VISION OF A NEW GLOBALLY UNIQUE ACADEMIC OFFERING Mulpha has created a vision of a new globally unique academic offering. Rather than students studying academic content and enjoying work htmi.ch opportunities to reinforce learning, the Hayman Island location allows complete and full integration of students into the InterContinental Resort business. Moreover, students have executive team mentors and are progressively engaged and exposed to departmental and executive level management. Students have a unique opportunity to work ‘on the floor’, analyse performance with departmental managers and be instrumental in continual improvement of both functional roles and departmental performance.
    [Show full text]
  • Product Update
    Hello valued trade partners, Sending you some warm sunshine from the Whitsundays, which is currently experiencing 24 degrees Celsius winter days, with clear blue skies and tropical turquoise waters. Tourism Whitsundays would like to take the opportunity to thank you all for your ongoing support over the past few months. Your commitment and assistance to the Whitsundays is greatly appreciated. The Whitsundays truly shines in winter, with the region attracting humpback whales, who head north to give birth in the warm tropical waters. Sighting these majestic mammals and their calves is a memorable, awe-inspiring experience and one that people talk about for many years afterwards. It is possible to experience a whale encounter in the Whitsundays at any time from July through to September – some come as early as late June – and many passengers on sailing vessels and day trips have this unexpected delight while out on the water. There is no better place than the Whitsundays to escape the winter blues! Should you have any questions about the region or if you would like to talk to the team about future trade partnerships, then please reach out to us here at Tourism Whitsundays. We look forward to delivering an unforgettable Whitsundays experience to your clients. Warm Whitsunday wishes, Tourism Whitsundays Trade Team Product Update New Boutique Hotel + Bar & Grill coming soon to the Whitsundays - Freedom Shores + Northerlies Beach Bar & Grill Freedom Shores has been designed to capture the natural surrounds of the beach, water and lush Whitsundays tropical forests. Be immersed in a destination like no other. Freedom Shores® - Boutique Hotel accommodation with a twist, plus Northerlies Beach Bar and Grill® - with a view you won’t want to leave.
    [Show full text]
  • PIONEER Concierge Lifestyle Benefits
    Lifestyle Benets PIONEER Concierge Service 1. Intercontinental Hotels Group (IHG) Luxury Program IHG Group is one of the world’s leading hotel companies, whose purpose is to provide true Hospitality for everyone. IHG’s diverse portfolio of dierentiated brands are well known and loved by millions of consumers around the world. We have the right hotel brand for both our guests and owners, whatever their needs. PIONEER clients can now avail exciting oers from two of IHG’s very unique categories – IHG Luxury and IHG Lifestyle with 160 properties across 70 plus locations globally. IHG Luxury IHG Lifestyle • Guaranteed 2:00pm late check-out • Late check-out 2:00pm, based on availability • Breakfast included daily for two at hotel restaurant • $50 USD Hotel Credit, specific to Hotel • $100 USD Hotel credit, specific to hotel • Upgrade to next room category (subject to availability on • Upgrade to next room category (subject to availability on arrival) arrival) • Complimentary Wi-Fi (unlimited devices) • Complimentary Wi-Fi (unlimited devices) • Bottled water and fresh fruit/snacks in room upon arrival • Bottled water and fresh fruit/snacks in room upon arrival • Turn down service • Turn down service • VIP level added to guest profile • VIP level added to guest profile *No walk policy *No walk policy ** Handwritten and personalized welcome card **Handwritten and personalized welcome card List of Locations Hotel Partner Hotel Name City Country IHG Lifestyle Kimpton Hotel Arras Asheville USA IHG Lifestyle Kimpton Hotel Van Zandt Austin USA IHG Lifestyle
    [Show full text]
  • Great Barrier Reef Marine Parks Zoning MAP 10
    148°30'E 148°15'E 148°20'E148°25'E 148°35'E 148°40'E 148°45'E 148°50'E 148°55'E 149°00'E 149°05'E 149°10'E 149°15'E 149°20'E 149°25'E Dingo Reef (No 2) Dingo Reef (No 6) 19-056 18-038b 18-038f 19°10'S 19-284 19°10'S Darley Reef Dingo Reef (No 1) 19-057 19°11.280'S 148°54.000'E 19-043 19-038a P-19-19 19-058 MNP-18-1076 19-059 MNP-18-1076 19-077 Tiger Reef 19-060 19-062 19°12.480'S 19-054 Jacqueline Reef 19-306 19-061 149°26.709'E 19-078 19-277 19°14.105'S 19°14.399'S 149°11.085'E 19-276 149°01.518'E 19-295 148°53.040'E 148°44.424'E 19°15.267'S 19°15'S Kangaroo Reef (East) 19°15'S 19°15.528'S Kangaroo 19-310 Reef (West) 19-063a 19-293 19-063b 19°16.197'S 19-299 19-064 Faith Reef 148°55.200'E 19-079 19-301 19-044 19-288 19-080 19-286 148°29.114'E 19-289 19-294 148°50.400'E Ellen Reef 19-081 19-300 Hope Reef 19-281 19-065 19°19.200'S 19-046 Elizabeth Reef 19°19.755'S 19-082 19-083 19-311 19°20'S 19-282 19°20'S 19-066 Eulalie Reef 19-085 19-084 19-091 19-088 19-307 19-069 19-086 19°21.579'S 19-067 Charity Reef 19-070 19-287 148°53.808'E 19-089 148°57.324'E 19-047 148°40.893'E 19-092 19-087 19-090 19-285 19°22.839'S 19-280 19-068 Cobham Reef 19-093 19-309 148°37.212'E (North) 19-074a Gould Reef 19-073 19-308 19-072a Kennedy Reef 19°25'S 19°25'S Cobham Reef (South) 19-096 Wallaby Reef 19-074b 19-236 19-071 19-094 19-072b 19-072e 19-095 148°58.200'E Net Reef Showers Reef 19-097 19-237 19-072c 19-072d 19-076 Seagull Reef 19°29.400'S # 19-107 148°55.200'E 19°30'S
    [Show full text]
  • Investor Presentation
    Hotel Indigo Venice - Sant'Elena, Italy Investor Presentation October 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited Most pure play, asset light global hotel company - highest quality of earnings High quality revenue stream • >95% of profits from fee business following disposal of InterContinental Hong Kong • ~80% of IHG’s fee revenues linked to hotel revenues • ~10% of IHG’s fee revenues linked to hotels profits IHG benefits from industry upside, but more resilient in a downturn Sep YTD 2019 Open Rooms Sep YTD 2019 Pipeline Rooms 1% 0% 30% Franchise 43% Managed 57% 70% Owned & Leased October 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 2 Global business with a presence in over 100 countries; concentrated in the US and China Closing room count (k) Closing pipeline rooms (k) September 2019 September 2019 (Global: 865k rooms) (Global: 289k rooms) 130k 15% 87k 30% 118k Americas 217k 518k 42% 25% 60% EMEAA Greater China 84k 28% October 2019 © 2019 All Rights Reserved Proprietary and confidential – further reproduction or distribution is prohibited 3 Executing against our strategic initiatives at pace H1 Rooms & RevPAR H1 Results • +0.1% Global RevPAR • +2% underlying operating profit growth • +5.7% net rooms growth, highest in a decade • +2% underlying EPS growth • Highest H1 signings in over a decade • $141m free cash flow generation • +10% Interim dividend Strengthened established brands Progress with new
    [Show full text]
  • Travel to …Airlie Beach Queensland Australia
    Travel to …Airlie Beach Queensland Australia Airlie Beach is in the Whitsundays Area of Northern Queensland Australia. The Whitsundays are in the heart of the Great Barrier Reef. There are 74 island wonders in the tropical waters of the Coral Sea. The Whitsundays is world-famous for its clear aqua waters and iconic landscapes including Whitehaven Beach and Hill Inlet, and the perfectly shaped natural formation of Heart Reef. Airlie Beach a vibrant hub of the Whitsundays and is seen to be the ideal mainland base for people to use to explore the Whitsundays and have fun and adventure. It is the perfect as you can do activities on or in the water such as boat trips to reef where you can snorkel and swim with the marine life. Alternatively, you can enjoy the lush, green rainforest of the Whitsunday Coast. Some of the more well known Whitsunday Islands are, Hamilton Island, Hayman Island, Lindeman Island and South Mole Island. Activities for Aged Care Airlie Beach has a laid-back, tropical atmosphere and a real holiday feel. Visitors stroll through the boutiques, cafes and shops of the main street; relax by the Airlie Beach lagoon and head to the Saturday morning markets that offer a quaint range of local arts and crafts, fresh fruit and vegetables and much more. And at the end of a great day, treat yourself at one of the alfresco restaurants - from fresh local seafood at a bustling seafood cafe, hand-made tapas made from fresh local produce, to a romantic sunset dinner for two. In 1975 the Heart Reef was discovered by a local pilot and is now an internationally recognised attraction of the Whitsundays and features on many postcards and brochures promoting the Whitsunday region and the Great Barrier Reef.
    [Show full text]
  • 2016-Suite-Access-Brochure.Pdf
    “As we celebrate thirty-five years of travel planning, we have learned how traveling the world first-hand is such a memorable experience. Welcome to Suite Access™ by Valerie Wilson Travel, Through our new and innovative your entrée into the finest suites in the world’s most extraordinary hotels and resorts. Suite Access™ by Valerie Wilson Travel collection, We have hand-selected some of our preferred hotels and we ensure that your travels are more richly partnered with them to provide you with special benefits rewarding than ever.” and experiences when booking your suite reservation through your Valerie Wilson Travel Advisor or Associate. From Abu Dhabi to Zurich, from capitals of business to serene island retreats, the Suite Access™ collection includes timeless favorites and some exciting new gems. We invite you to explore this directory and visit our new website to discover just how “suite” it is. ValerieWilsonTravel.com/SuiteAccess Cover: Photograph courtesy of Palacio Duhau - Park Hyatt Buenos Aires Above: Photograph courtesy of Baur au Lac Grand Hotel Wien Amankila SUITE ACCESS™ BENEFITS You will enjoy these benefits exclusively through Valerie Wilson Travel, our way of extending the Power of Access® to your suite reservations. Book a qualifying suite reservation for a minimum of two (2) nights and receive: A minimum of US $200 on-property credit to be enjoyed during your stay (if other currency, credit may Mandarin Oriental, Boston vary with exchange rates) Early check-in / late check-out, based on availability Personal welcome from the hotel’s manager En-suite welcome amenity Complimentary Wi-Fi internet access Hotel Bel-Air Complimentary full breakfast daily Complimentary VIP experience or a customized local amenity (selected by the hotel; varies by location) For a complete list of the unique benefits you will receive at your selected hotel, please visit the Suite Access™ Property Directory: ValerieWilsonTravel.com/SuiteAccess To book your Suite Access™ reservation, consult your VWT Advisor or Associate.
    [Show full text]
  • Intercontinental Hotels Group 2019 Offer
    New South Wales Participating property Location Crowne Plaza Coogee Beach Coogee Crowne Plaza Hawkesbury Valley Windsor Crowne Plaza Hunter Valley Lovedale Crowne Plaza Terrigal Terrigal Holiday Inn Darling Harbour Darling Harbour Holiday Inn Old Sydney The Rocks Holiday Inn Parramatta Parramatta Holiday Inn Potts Point Sydney Potts Point Holiday Inn St Marys St Marys Holiday Inn Sydney Airport Mascot Holiday Inn Warwick Farm Warwick Farm Holiday Inn Express Macquarie Park Macquarie Park Holiday Inn Express Newcastle Newcastle InterContinental Sydney Sydney InterContinental Sydney Double Bay Double Bay voco Kirkton Park Hunter Valley Pokolbin Victoria Participating property Location Crowne Plaza Melbourne Melbourne Holiday Inn Melbourne Airport Melbourne Airport Holiday Inn Melbourne on Flinders Melbourne InterContinental Melbourne The Rialto Melbourne Queensland Participating property Location voco Gold Coast Surfers Paradise InterContinental Sanctuary Cove Resort Hope Island InterContinental Hayman Island Resort Hayman Island Holiday Inn Cairns Harbourside Cairns City Holiday Inn Express Brisbane Central Spring Hill Crowne Plaza Surfers Paradise Surfers Paradise Page 1 of 2 12 Shelley Street, Sydney, NSW 2000, Australia ABN 92 108 952 085 Western Australia Participating property Location Crowne Plaza Perth East Perth Holiday Inn City Centre Perth Perth InterContinental Perth Perth South Australia Participating property Location Holiday Inn Express Adelaide Adelaide InterContinental Adelaide Adelaide Australian Capital Territory Participating property Location Crowne Plaza Canberra Canberra City Northern Territory Participating property Location Crowne Plaza Alice Springs Lasseters Alice Springs Page 2 of 2 12 Shelley Street, Sydney, NSW 2000, Australia ABN 92 108 952 085 .
    [Show full text]
  • Download (Accessed on 20 July 2021)
    toxins Review Critical Review and Conceptual and Quantitative Models for the Transfer and Depuration of Ciguatoxins in Fishes Michael J. Holmes 1, Bill Venables 2 and Richard J. Lewis 3,* 1 Queensland Department of Environment and Science, Brisbane 4102, Australia; [email protected] 2 CSIRO Data61, Brisbane 4102, Australia; [email protected] 3 Institute for Molecular Bioscience, The University of Queensland, Brisbane 4072, Australia * Correspondence: [email protected] Abstract: We review and develop conceptual models for the bio-transfer of ciguatoxins in food chains for Platypus Bay and the Great Barrier Reef on the east coast of Australia. Platypus Bay is unique in repeatedly producing ciguateric fishes in Australia, with ciguatoxins produced by benthic dinoflagellates (Gambierdiscus spp.) growing epiphytically on free-living, benthic macroalgae. The Gambierdiscus are consumed by invertebrates living within the macroalgae, which are preyed upon by small carnivorous fishes, which are then preyed upon by Spanish mackerel (Scomberomorus commerson). We hypothesise that Gambierdiscus and/or Fukuyoa species growing on turf algae are the main source of ciguatoxins entering marine food chains to cause ciguatera on the Great Barrier Reef. The abundance of surgeonfish that feed on turf algae may act as a feedback mechanism controlling the flow of ciguatoxins through this marine food chain. If this hypothesis is broadly applicable, then a reduction in herbivory from overharvesting of herbivores could lead to increases in ciguatera by concentrating ciguatoxins through the remaining, smaller population of herbivores. Modelling the dilution of ciguatoxins by somatic growth in Spanish mackerel and coral trout (Plectropomus leopardus) revealed that growth could not significantly reduce the toxicity of fish flesh, except in young fast- Citation: Holmes, M.J.; Venables, B.; growing fishes or legal-sized fishes contaminated with low levels of ciguatoxins.
    [Show full text]
  • Port Procedures and Information for Shipping – Whitsundays
    Port Procedures and Information for Shipping – Whitsundays December 2018 Creative Commons information © State of Queensland (Department of Transport and Main Roads) 2017 http://creativecommons.org.licences/by/4.0/ This work is licensed under a Creative Commons Attribution 4.0 Licence. You are free to copy, communicate and adapt the work, as long as you attribute the authors. The Queensland Government supports and encourages the dissemination and exchange of information. However, copyright protects this publication. The State of Queensland has no objection to this material being reproduced, made available online or electronically but only if it’s recognised as the owner of the copyright and this material remains unaltered. The Queensland Government is committed to providing accessible services to Queenslanders of all cultural and linguistic backgrounds. If you have difficulty understanding this publication and need a translator, please call the Translating and Interpreting Service (TIS National) on 13 14 50 and ask them to telephone the Queensland Department of Transport and Main Roads on 13 74 68. Disclaimer: While every care has been taken in preparing this publication, the State of Queensland accepts no responsibility for decisions or actions taken as a result of any data, information, statement or advice, expressed or implied, contained within. To the best of our knowledge, the content was correct at the time of publishing. Hard copies of this document are considered uncontrolled. Please refer to the Maritime Safety Queensland website for the latest version. Port Procedures and Information for Shipping – Whitsundays – September 2018 Contents List of tables ................................................................................................................................ 6 List of figures ............................................................................................................................... 6 Table of Amendments ................................................................................................................
    [Show full text]