DOCSLIB.ORG

Hotel Destinations Asia Pacific 1 Hotel Destinations – Asia Pacific

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Hotel Destinations Asia Pacific 1 Hotel Destinations – Asia Pacific Hotels & Hospitality Group | May 2017 Hotel Destinations Asia Pacific 1 Hotel Destinations – Asia Pacific Auckland Quick Facts OCC ADR RevPAR International Visitor Arrivals (NZ 2016) Number of New Rooms (2017) 86.6% NZD 191 NZD 166 3.5 million 663 rooms Tourism Demand New notable hotels Auckland International Airport, which is the Auckland reported an average occupancy ‘gateway’ for Auckland and New Zealand level of 86.6% for the period year ending Jet Inn Extension, overseas visitors, has experienced strong March 2017, the highest occupancy level on Auckland International Airport growth. For the period YTD December record in over 20 years. Auckland’s market 60 rooms 2016, total passenger movements have occupancy has risen every year since 2010, increased 12% with an increase recorded in after reaching a post-GFC low of 69.5% in Swiss-Belsuites Victoria Park domestic passenger movements, up 12.5% 2009. FIT and Corporate business dominate 40 rooms and international passengers increasing the business mix of Auckland hotels by 11.5%. International visitor arrivals to contributing 47.5% and 20.5% of hotel guest New Zealand reached 3.5 million for the nights respectively, y-o-y to March 2017. period year ending February 2017, a 10.7% International sourced guests accounted for Upcoming hotels improvement over the corresponding prior 45% of guest nights sold, while domestic year period. guests accounted for 55%. SKYCITY Hobson Street Hotel Four Points by Sheraton Park Hyatt Auckland M Social Auckland (former Copthorne Hotel Auckland Harbourcity) The Sebel Auckland Manukau Supply Outlook Seven projects (comprising a total of 1,291 We anticipate that Auckland’s rooms) are currently under construction accommodation market will continue to Notable hotel deals and are forecast to enter the market over perform strongly in the short term and is the next two years, with five of the hotel poised for further rate growth and to solidify Ibis Christchurch projects (818 rooms) comprising 5-star recent gains in occupancy levels given the product. The seven new hotel projects current capacity constraints, although Novotel Christchurch represent an approximate 20% increase in ultimately the ‘wave’ of new supply is likely room supply, which is an unprecedented to ease capacity constraints in the medium level of stock. However, as the room term (between 2018 – 2019). Beyond the supply is expected to enter the market in a short term some caution is warranted as staggered manner (over a two to three-year the market begins to absorb the forecast period), this should alleviate some concerns significant levels of room supply, which of an oversupply shock. ultimately is expected to soften the current historic high occupancies (above 80%) with levels likely to revert in the medium to longer term to the mid-70% range. Note: Auckland Hotels refer to Marketwide Source: Tourism Industry Association, Statistics New Zealand, JLL ADR – Average daily rate, RevPAR - Revenue per available room, OCC - Occupancy Hotel Destinations – Asia Pacific 2 Bali Quick Facts OCC ADR RevPAR International Visitor Arrivals (2016) Number of New Rooms (2017) 66.4% USD 146 USD 97 4.9 million 3,892 rooms Tourism Demand Total visitor arrivals were 4.9 million in As of YTD March 2017, Mainland China was New notable hotels 2016, representing an increase of 22.5% Bali’s largest source marketing, contributing compared to 2015. As of YTD March 2017, 29.6% of total visitor arrivals. This is Mövenpick Resort & Spa Jimbaran international visitor arrivals continued followed by Australia contributing 19.8% an upward trend, increasing 22% y-o-y to of total visitor arrivals. Mainland China Wyndham Resort Tamansari Jivva reach 1.3 million visitors. For the full year saw the largest y-o-y increase of 58.6%, Sthala Ubud Bali 2017, the Bali Provincial Tourism Agency underscoring the burgeoning Chinese travel is targeting approximately 40% of the demand in Asia. Despite travel advisories, Sol House Legian targeted 15 million foreign tourist arrivals to most key source markets recorded strong Indonesia in 2017, which is approximately growth in YTD March 2017, suggesting that six million foreign tourists. Strong growth in foreign tourists are largely unfazed and arrivals can be attributed to the extension are increasingly drawn to Bali as premier Upcoming hotels of the visa waiver programme in 2015, as tourism destination. well as the improvement in air connectivity Kempinski Nusa Dua to key source markets such as Greater China Fairfield by Marriott Bali Legian and Australia. The Westin Ubud Resort & Spa Six Senses Bali Supply Outlook Approximately 1,737 rooms opened in Looking forward, visitor arrivals from key Notable hotel deals 2016, representing a 9.8% y-o-y increment. source markets are expected to continue There were no hotel transactions Recent major openings in 2016 include rising. Recent improvements in air in H2 2016 the 136-room Sol House Legian, the 222- connectivity from Ngurah Rai International room Wyndham Resort Tamansari Jivva, Airport with new flight routes, ongoing the 143-room Sthala Ubud Bali and 297- improvements in airport accessibility, and room Mövenpick Resort & Spa Jimbaran. the extension of visa waiver programme In 2017, approximately 3,892 rooms should fuel the continued spike in foreign are in the pipeline. Majority of the new tourism demand in Bali. Moreover, the supply in clustered in the luxury sector recent corporation between Indonesia and (44.3%) followed by the upscale sector Chinese tourism authorities should provide (34.2%). In terms of location, most will be an added boost to Indonesia’s overall concentrated in the Nusa Dua and Uluwatu tourism sector. areas. However, it is not unusual for several projects to be postponed or cancelled due to financing difficulties. Note: Bali Hotels refers to Upscale Source: STR Global (YTD March 2017), Bali Government Tourism Office, JLL ADR - Average daily rate, RevPAR - Revenue per available room, OCC - Occupancy 3 Hotel Destinations – Asia Pacific Bangkok Quick Facts OCC ADR RevPAR International Visitor Arrivals (2016) Number of New Rooms (2017) 86.4% THB 3,453 THB 2,983 20.8 million 2,876 rooms Tourism Demand New notable hotels Bangkok received 20.8 million international Mainland China remains the biggest source visitors in 2016, representing an increase of market to Bangkok, followed by Japan, Ibis Bangkok IMPACT 7.5% y-o-y, as Bangkok continues to be a India and South Korea. Bangkok has seen 587 rooms top global destination after its resurgence a slowdown in growth in visitor arrivals in 2015 from the prior year’s 2014 political from Mainland China to 5.9% growth y-o-y Grande Centre Point Sukhumvit 55 unrest. The passing of His Majesty King in 2016 from 82.5% growth y-o-y in 2015. 442 rooms Bhumibol Adulyadej resulted in a minor This comes as the government launched dip in arrivals which recovered quickly as a crackdown on zero-dollar tours in ibis Styles Bangkok Sukhumvit 50 businesses return to usual. Record arrivals September, leading a q-o-q drop in Chinese 171 rooms are expected in 2017 as early-year airport arrivals. Key markets which experienced statistics are already indicating growth. strong growth include USA (12.7%), Middle Eastern countries (11.1%) and India (8.2%). Upcoming hotels The Bangkok EDITION by Ritz Carlton Park Hyatt Bangkok Lancaster Bangkok Supply Outlook Notable hotel deals Since the beginning of 2017, approximately Bangkok will continue to see strong growth 800 rooms have been added to the Bangkok in visitor arrivals with ongoing airport Swissotel Nai Lert Park market with another 2,100 rooms estimated expansions to increase capacity from 45 to enter the market by year-end. Over 35% million to 60 million for Suvarnabhumi of future supply over the next four years is Airport, and from 28 million to 40 million concentrated in the upscale segment. Key for Don Mueang Airport. Higher airport new projects include ibis Styles Bangkok capacities are expected to translate to Sukhumvit 50, Grande Centre Point lodging demand and absorb the oncoming Sukhumvit 55, and ibis Bangkok IMPACT on room supply. Chaengwattana Road. Note: Bangkok Hotels refers to Upscale Source: STR Global (YTD March 2017), Tourism Authority of Thailand, Ministry of Tourism and Sports Thailand, JLL ADR - Average daily rate, RevPAR - Revenue per available room, OCC - Occupancy Hotel Destinations – Asia Pacific 4 Beijing Quick Facts OCC ADR RevPAR International Visitor Arrivals (2016) Number of New Rooms (2017) 66.1% RMB 559 RMB 389 4.2 million 1,479 rooms Tourism Demand Data from Beijing’s Tourism Bureau show Beijing’s hotel demand is driven by business New notable hotels the city’s international arrivals dropped travel as well as the tourism and MICE 0.8% y-o-y to 4.2 million at the end of (Meetings, Incentives, Conferences and Grand Metropark Hotel Beijing 2016. Visitors from South Korea and Japan Exhibitions) travel segments. Corporate 427 rooms decreased 8.8% and 4.0% respectively, due demand remains the major demand driver. to their slower economy and economic As Beijing is the political and commercial Grand Metropark Longxi environment. French and German travelers centre in Mainland China, a large number of Conference Center have also trended downwards by 12.3% corporates have set up their headquarters 346 rooms and 2.9% respectively. The recent fall in in Beijing, generating considerable business the euro has led to a decline on business demand. InterContinental Beijing Sanlitun activities with Beijing’s long haul trading 300 rooms partners. Tylfull Hotel 226 rooms Chao Clubhouse 180 rooms Upcoming hotels Supply Outlook Beijing Bvlgari Hotel Just five new hotels opened in Beijing The Beijing market will benefit from in 2016, adding 1,479 rooms to the enhanced intercity transportation and Mandarin Oriental Beijing market.
Load more

Recommended publications
  • Page 1 2016 7 Page 2 Infinity Mileagelands Page 3 04 06 08 10
    無限萬哩遊會員手冊 2016年7月出版 Ոᜐ⽬䙷 ͑ ୟᛘу኎ Āᰐ䲀зଙ⑨ā˄Infinity MileageLands ˅ 䮯㦓㡚オㄝ䈊⅒䗾ᛘⲴ࣐ޕˈᡀѪĀᰐ䲀зଙ⑨āՊઈˈ Āᰐ䲀зଙ⑨āሶѪᛘᨀ׋Ո䍘ǃ䍤ᗳǃཊݳⲴ䇒սǃᵪ ൪ǃՊ ઈ ᴽ ࣑ ৺ 䞜 ᇮ Ոᜐˈ䇙ᛘᴤ䲿ᗳᡰⅢൠᆹᧂ㹼 〻ˈӛਇᴤ㡂䘲⑙俘Ⲵ᯵〻ˈ䚘⑨ц⭼⇿њ䀂㩭DŽᑖк ᛘⲴĀᰐ䲀зଙ⑨āՊઈ঑ˈоᡁԜа਼ᛐ⑨з䟼ˈ⅓ 䍿наⲴц⭼ˈ䇙ᛘⲴỖᜣᰐ䲀ᔦըDŽ ⴞᖅ ؞䇒㓚㾱 04 䍝Ҡଙ〻 38 ਸ֌ՉդՈᜐуṸ 66 ᰐ䲀зଙ⑨ 06 ֯⭘ଙ〻 40 а㡜㿴ࡉоᶑⅮ 76 08 ̘ᰐ䲀зଙ⑨Պઈ঑࡛ॷ㓗৺㔝঑࣎⌅ 40 ̘ށᦒ䮯㦓㡚オ̬・㦓㡚オ㡡սॷ㓗 䱴ᖅ 78 10 ̘ᰐ䲀зଙ⑨਴঑࡛Ոᜐᖵ䙷 42 ̘ށᦒ䮯㦓㡚オ̬・㦓㡚オ྆࣡ᵪ⾘ 78 ̘㚄㌫ᡁԜ 14 ̘⭥ᆀՊઈ঑- ᰐ䲀зଙ⑨ˈ䖫ᶮᑖ⵰䎠 46 ̘ށᦒᱏオ㚄ⴏ㡚オ㡡սॷ㓗˄SAUA˅ 80 ̘䮯㦓㡚オ̬・㦓㡚オ㡚⛩ଙ〻㺘 ᱏオ㚄ⴏㆰӻ 16 52 ̘ށᦒᱏオ㚄ⴏ㡚オ྆࣡ᵪ⾘ 17 ̘ᱏオ㚄ⴏ䠁঑৺䬦঑Պઈ҈ᵪՈᜐ 58 ̘ށᦒ᯵⑨ᣥ⭘ࡨ 60 ̘ށᦒտᇯࡨ 㧧ਆଙ〻 18 18 ̘䮯㦓㡚オ̬・㦓㡚オഭ䱵㓯ଙ〻㍟䇑 62 ̘ށᦒ⁑ᤏᵪ傮傦䈮〻 20 ̘ᱏオ㚄ⴏ㡚オޜਨଙ〻㍟䇑 64 ̘࣎⨶ଙ〻̬⭥ᆀॷ㓗ࠝ䇱䖜䇙̬䖜എ 27 ̘ਸ֌ՉդՈᜐଙ〻㍟䇑 37 ̘ଙ〻ᴹ᭸ᵏǃṨሩ৺ᴤ↓ ؞䇒㓚㾱 :ᵜ᡻޼ሩ➗ка⡸˄2016 ᒤ 1 ᴸ⡸˅᡻޼ˈ؞䇒㓚㾱ྲл ᦒ・㦓㡚オਠ⒮㓯྆࣡ᵪ⾘ḷ߶ā㓶ࡉˈ䈧৲䰵ㅜ 45 亥DŽށ؞䇒Āᰐ䲀зଙ⑨਴঑࡛Ոᜐᖵ䙷ā㓶ࡉˈ䈧৲䰵ㅜ 13 亥DŽ 9. ؞䇒Ā.1 ᦒᱏオ㚄ⴏ㡚オ㡡սॷ㓗 (SAUA) ”㓶ࡉˈ䈧৲䰵ㅜ 46ށ؞䇒Ā⭥ᆀՊઈ঑ - ᰐ䲀зଙ⑨ˈ䖫ᶮᑖ⵰䎠ā㓶ࡉˈ䈧৲䰵ㅜ 15 10.؞䇒Ā .2 亥DŽ 亥DŽ ㈠㓝䤸伒䖝僨䤸⠔Ⅿ㗸䠦Ī䶄⃗濕媵⊀擃䧪 53, 56 朳Ʋ؞䇒Ā䮯㦓㡚オ/ ・㦓㡚オഭ䱵㓯ଙ〻㍟䇑ā㓶ࡉˈ䈧৲䰵ㅜ 19 亥DŽ 11. Ậ婠ĩ.3 ਨଙ〻㍟䇑ā㓶ࡉˈ䈧৲䰵ㅜ 20-26 亥DŽ 12. Ậ婠ĩ⋆Ḛᷗᷲᷖ⾞朷䖬Ī䶄⃗濕媵⊀擃䧪 66-75 朳Ʋޜ؞䇒Āᱏオ㚄ⴏ㡚オ .4 ؞䇒Āਸ֌ՉդՈᜐଙ〻㍟䇑ā㓶ࡉˈ䈧৲䰵ㅜ 27-36 亥DŽ 13. Ậ婠ĩᲾ僪墂⃗᳌㘟㧼Ī䶄⃗濕媵⊀擃䧪 76 朳Ʋ .5 6. Ậ婠ĩ寫ᴮ⎧䣉Ī䶄⃗濕媵⊀擃䧪 38 朳Ʋ 14. Ậ婠ĩ伒䮹ハᶪĪ䶄⃗濕媵⊀擃䧪 79 朳Ʋ ᦒ䮯㦓㡚オ/ ・㦓㡚オ㡡սॷ㓗ā㓶ࡉˈ䈧৲䰵ㅜ 41 亥DŽ 15. Ậ婠ĩ搽刡僨䤸/ 䦉刡僨䤸僨㽷⎧䣉圦Ī䶄⃗濕媵⊀擃䧪 82 朳Ʋށ؞䇒Ā .7 ᦒ䮯㦓㡚オ/ ・㦓㡚オ྆࣡ᵪ⾘ā㓶ࡉˈ䈧৲䰵ㅜ 43-44 亥ށ؞䇒Ā .8 ᰐ䲀зଙ⑨ Infinity MileageLands ᚟㖁˄www.evaair.com˅ ሶ䲿ᰦѪᛘᨀ׋Āᰐ䲀зଙؑ⨳ޘĀᰐ䲀зଙ⑨āՊઈᩝ҈䮯㦓㡚オ̬・㦓㡚オⲴഭ䱵㡚㓯⨝ᵪ৺ᱏオ㚄 䮯㦓㡚オ Ѫ঑࡛ॷ㓗৺㔝঑׍ᦞˈᖃ伎㹼 ⑨āᴰᯠ䍴䇟ˈᡁⲴᑀᡧҏሶᨀ׋ཊݳॆ࣏㜭ˈྲ˖ଙ〻㍟䇑ḕ䈒ǃ⭣ڊˈਨ⨝ᵪ൷ਟ㍟䇑伎㹼ଙ〻ޜⴏ㡚オ ଙ〻ᮠᡆ㡚⇥ᮠ䗮ࡠ⢩ᇊḷ߶ণਟॷ㓗ᡀѪ䬦঑ǃ䠁঑ᡆ䫫⸣঑Պઈˈ 䈧⭥ᆀଙ〻Ṩሩ㺘ǃḕ䈒ଙ〻˄ਜ਼⭥ᆀॷ㓗ࠝ䇱˅֯⭘ᛵߥǃ㺕ⲫᵜӪ ᩝ҈䮯㦓㡚オ̬・㦓㡚オ৺ᱏオ㚄ⴏ਴㡚オ⨝ᵪᰦˈ᤹঑࡛ሶѪᛘᆹᧂ ᡆӢ৻ଙ〻ǃ࣎⨶ଙ〻˄ਜ਼⭥ᆀॷ㓗ࠝ䇱˅䖜䇙ᡆ䖜എˈҏਟԕ൘㓯䖫 ᦒ྆࣡տᇯࡨㅹDŽ֯⭘ށᦒ㡡սॷ㓗ǃށн਼Ⲵ䇒սǃ䘹սǃᵪ൪䍥ᇮᇔǃՈݸⲫᵪ৺仍ཆ㹼ᵾㅹՈᜐDŽ䲔㍟䇑 ᶮ࣎⨶྆࣡ᵪ⾘䇒ս৺ᔰ・ǃ ᵪଙ〻ᮠѻཆˈ䘈ᴹཊݳॆਸ֌ՉդѪᛘᨀ׋ଙ〻㍟䇑ˈྲ˖᯵侶ǃ ࡽ䴰ݸ⭣䈧ᇶ⸱ᒦਟ㧧ᗇ1,000
    [Show full text]
  • Marriott International Annual Report 2019
    Marriott International Annual Report 2019 Form 10-K (NASDAQ:MAR) Published: March 1st, 2019 PDF generated by stocklight.com UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ý ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2018 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 1-13881 MARRIOTT INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 52-2055918 (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 10400 Fernwood Road, Bethesda, Maryland 20817 (Address of Principal Executive Offices) (Zip Code) Registrant’s Telephone Number, Including Area Code (301) 380-3000 Securities registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on Which Registered Class A Common Stock, $0.01 par value Nasdaq Global Select Market (339,668,839 shares outstanding as of February 20, 2019) Chicago Stock Exchange Securities registered pursuant to Section 12(g) of the Act: NONE Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in rule 405 of the Securities Act. Yes ý No o Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No ý Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • Taipei City Office Market & Taiwan Investment Market
    R ESEARCH TAIWAN INVESTMENT IN TAWIAN, OFFICE AND RESIDENTIAL MARKETS IN TAIPEI CITY Q1 2017 COMMERCIAL OFFICE MARKET NEIHU RESIDENTIAL REAL ESTATE IN TAIPEI CITY TECHNOLOGY MARKET IN INVESTMENT PARK TAIPEI CITY ECONOMY KEY FINDINGS The Directorate General of Budget, increased by 58.41% year on year. Taiwan’s economy has Accounting and Statistics of Executive In terms of residential sales remained stable for nine Yuan estimated Taiwan’s GDP growth transactions, the number of buildings months as of March 2017. in 2017 to reach 1.92% (table 1). transferred was 59.7 thousand, up Outlook for export was optimistic. 35.29% year on year (table 1). This The Central Bank of Taiwan Meanwhile, the National Development was a lower base period resulted from announced that the discount Council announced that the domestic the implementation of Integrated rate, the secured financing economy has remained stable for nine Housing and Land Tax last year. interest rate and the short-term months as of March 2017 (table 2). interest rate remained Regarding mortgage balance, Airport Considering the uncertainties in the unchanged at 1.375%, 1.75% MRT’s operation brought about the US and Europe’s economic policies, and 3.625% respectively. buying sentiment along the MRT route. and the support to the recovery of Room for negotiation went up and domestic economy, the Central Bank Foreign capital engaged mainly some projects were completed and of Taiwan announced in March that an in M&A activities, and no foreign ready for handover. As a result, easing monetary policy would be direct investment activities were residential mortgage balance reached adopted and that the discount rate, the recorded.
    [Show full text]
  • Oct 18Cover.Indd 1 a Publication of the Community Services Center Centered CELEBRATING TAIWAN's on TAIPEI ART COMMUNITY Vol
    Centered Vol. 19 | 02 OCT on TAIPEI 2018 CELEBRATING TAIWAN'S ART COMMUNITY A publication of the Community Services Center Oct 18 cover.indd 1 2018/9/26 上午12:51 Oct 18 cover.indd 2 2018/9/26 上午12:51 CONTENTS October 2018 volume 19 issue 2 CSC COMMUNITY From the Editors 5 The 2018 Melbourne Cup and Charity Luncheon to Honor Center Gallery 6 The Community Services Center 9 Book Club: October 6 Activity Highlights 7 ART Events About Town 8 Faye Angevine – A Renaissance Woman 10 CSC Business Classified Inside back cover Red Room Exhibition of Selected Photowalkers’ Works: 2018 12 The Thermos Foundation, Taiwan to Host the 2018 World Press Photo Exhibition 15 Publisher Community Services Center, Taipei Editor Suzan Babcock ART Taipei 2018 – A Prestigious Art Event for Lili Art Co-editor Richard Saunders and Artist Patrick Lee 16 Advertising Manager Naomi Kaly Yuan Ru Gallery, Taipei 19 Magazine Email [email protected] Tel 02-2836-8134 Fax 02-2835-2530 INTERIOR DESIGN Community Services How To Incorporate Antiques Into Your Center Editorial Panel Siew Kang, Fred Voigtmann Modern Home Design 21 Printed by Farn Mei Printing Co., Ltd. 1F, No. 102, Hou Kang Street, Shilin CULTURE District, Taipei Tel: 02-2882-6748 Fax: 02-2882-6749 A Glimpse of Indians in Taiwan 23 E-mail: [email protected] Centered on Taipei is a publication of the Community Services Center, MUSIC 25, Lane 290, Zhongshan N. Rd., Sec. 6, Tianmu, Taipei, Taiwan Tel: 02-2836-8134 A Moving Sound – Reflections with Scott Prairie 25 fax: 02-2835-2530 e-mail: [email protected] OUTLOOK Correspondence may be sent to the editor at coteditor@ communitycenter.org.tw.
    [Show full text]
  • After the Chinese Group Tour Boom 中國團體旅遊熱潮之後
    December 2018 | Vol. 48 | Issue 12 THE AMERICAN CHAMBER OF COMMERCE IN TAIPEI IN OF COMMERCE THE AMERICAN CHAMBER After the Chinese Group Tour Boom 中國團體旅遊熱潮之後 TAIWAN BUSINESS TOPICS TAIWAN December 2018 | Vol. 48 | Issue 12 Vol. 2018 | December 中 華 郵 政 北 台 字 第 5000 SPECIAL REPORT 號 執 照 登 記 為 雜 誌2019 交 寄 ECONOMIC OUTLOOK Published by the American Chamber Of NT$150 Commerce In Taipei Read TOPICS Online at topics.amcham.com.tw 12_2018_Cover.indd 1 2018/12/9 下午6:55 CONTENTS NEWS AND VIEWS 6 Editorial Don’t Move Backwards on IPR DECEMBER 2018 VOLUME 48, NUMBER 12 7 Taiwan Briefs By Don Shapiro 10 Issues Publisher Higher Rating in World Bank William Foreman Editor-in-Chief Survey Don Shapiro Art Director/ / By Don Shapiro Production Coordinator Katia Chen Manager, Publications Sales & Marketing COVER SECTION Caroline Lee Translation After the Chinese Group Tour Kevin Chen, Yichun Chen, Charlize Hung Boom 中國團體旅遊熱潮之後 By Matthew Fulco 撰文／傅長壽 American Chamber of Commerce in Taipei 129 MinSheng East Road, Section 3, 14 Taiwan’s Hotels Grapple with 7F, Suite 706, Taipei 10596, Taiwan P.O. Box 17-277, Taipei, 10419 Taiwan Oversupply Tel: 2718-8226 Fax: 2718-8182 旅 e-mail: [email protected] website: http://www.amcham.com.tw Although market demand is flat, additional new hotels continue to 050 2718-8226 2718-8182 be constructed. 21 Airbnb on the Brink in Taiwan Business Topics is a publication of the American Taiwan Chamber of Commerce in Taipei, ROC. Contents are independent of and do not necessarily reflect the views of the Changes in regulatory approaches Officers, Board of Governors, Supervisors or members.
    [Show full text]
  • Presentation Title
    TAIPEI OFFICE JUNE 2018 MARKETBEATS 2,500 1.2% 10.3% Rent Rent Growth Rate Vacancy Rate (NTD/Ping/Month) (Q-o-Q) Economic Indicators 2018-2019 2017 Q4 2018 Q1 Forecast HIGHLIGHTS GDP Growth 3.4% 3.0% New Supply Pushes up Vacancy Service Sector GDP Growth 2.6% 3.1% At the end of 1H, Grade A stock in Taipei City reached 710,000 ping, including the completion of CPI Growth 0.4% 1.6% Nanshan Plaza in Xinyi District. The vacancy rate climbed 3 percentage points in Q2 to 10.3%, Unemployment Rate (Jan to May) 3.8% 3.7% N/A rising in all three submarkets, despite notable activity like Garena’s relocation from Taipei New Source: Ministry of the Interior, Oxford Economics Horizon into a 2,010-ping office in Uni-President International Bldg. Contributing factors include: a Note: Growth figure is y-o-y growth number of tenants have not yet moved into Nanshan Plaza in Xinyi District except Deloitte, The Rent & Vacancy Rate Executive Centre, and EPSON; Deloitte vacated its premises in Dunbei Minsheng District; and 2,600 14 2,550 12 several tenants moved out of Dunnan Financial Bldg given urban renewal plans. Yet, the vacancy 2,500 10 2,450 8 rate in Xinyi District is expected to decline in 2H as TSAR&TSAI Law Firm and E.SUN BANK move 2,400 6 into Nanshan Plaza. 2,350 4 2,300 2 (%) Rate Vacancy Rent (NTD/ping/mo)Rent 2,250 0 Premium Buildings Push up Rent Rent Vacancy Rate In Q2, average rent increased 1.2% q-o-q to NTD$2,500 ping per month, led by Xinyi District.
    [Show full text]
  • Letter to Shareholders
    Letter to Shareholders Arne M. Sorenson J.W. Marriott, Jr. President and Chief Executive Officer Executive Chairman and Chairman of the Board Dear Shareholders, This year our company celebrates its 90th anniversary, and we are pleased to say that Marriott International has never been better positioned for the future after one of the most exciting and dynamic years in our company’s history. Last year, we successfully completed our historic 2016 Highlights acquisition of Starwood Hotels & Resorts Worldwide, The Starwood acquisition, completed on September 23, and immediately started to capitalize on the benefits 2016, expands our presence around the world, broad- of this merger. We saw strong growth here and ens our appeal to younger travelers, and provides a wide abroad, and continued to delight our guests with new range of choices for our guests. With our tremendous innovations. The integration of Starwood is opening scale, we see significant financial benefit for our own- new doors of opportunity for Marriott, as it strength- ers, franchisees, and shareholders and exciting, new ens our competitive position for the future. opportunities for our associates and the communities where we live and work. WWW.MARRIOTT.COM While the merger dominated the news last year, there n Marriott repurchased 8.0 million shares of the were many other highlights, starting with our 2016 company’s common stock for $573 million. We financial performance: remain committed to our asset-light management and franchise strategy, which should continue to n Diluted earnings per share totaled $2.64, a yield significant cash returns to stockholders decrease of 16 percent over the prior year.
    [Show full text]
  • Ohio Hotel & Lodging Association Hotels Willing to Help
    Ohio Hotel & Lodging Association Hotels Willing to Help Coalition on Homelessness and Housing in Ohio 5/7/2021 Property Name Address Contact Akron, Barberton/Summit County CoC Mona Waraich 2716 Creekside Dr., Comfort Suites - Twinsburg, [email protected] Twinsburg, Summit County, Ohio 267-907-3983 or 267-907- OH 44087 3983 Vinesh Patadia 2873 S Arlington road, [email protected] Econolodge - Akron, Ohio Akron, Summit County, OH 330-671-4854 or 330-671- 44312 4854 4331 Lakepointe Corporate Lisa Zifer [email protected] Hampton Inn Stow Dr, Stow, Summit County, 330-590-8042 OH 44224 Tom Donnelly 4073 Medina Road, Akron, [email protected] Holiday Inn Akron/West Summit County, OH 44333 330-666-4131 or 216-701- 2621 5171 Brecksville Road, Deval Desai Holiday Inn Express Richfield, Summit County, [email protected] Cleveland Richfield OH 44286 m 440-503-1541 Created by COHHIO 1 Tuesday, March 31, 2020 Property Name Address Contact 268 E. Highland Road, La Quinta Cleveland - Jeff Johnson Macedonia, Summit County, Macedonia [email protected] NA OH 44056 Deval Desai 5171 Brecksville Road, [email protected] Motel 6 - Richfield, OH Richfield, Summit County, m 440-503-1541 or 440- OH 44286 503-1541 2939 South Arlington Road, Ardy Edgerton Red Roof Inn Akron South Akron, Summit County, OH [email protected] 44312 610-367-0997 4351 Steels Pointe Drive, Staybridge Suites Lisa Zifer [email protected] Stow, Summit County, OH AkronStow 330-590-8043 44224 The United: A Blutique 1 S Main St, Akron, Summit Lisa Zifer
    [Show full text]
  • Travel & Culture 2019
    July 2019 | Vol. 49 | Issue 7 THE AMERICAN CHAMBER OF COMMERCE IN TAIPEI IN OF COMMERCE THE AMERICAN CHAMBER TRAVEL & CULTURE 2019 TAIWAN BUSINESS TOPICS TAIWAN July 2019 | Vol. 49 | Issue 7 Vol. July 2019 | 中 華 郵 政 北 台 字 第 5000 號 執 照 登 記 為 雜 誌 交 寄 ISSUE SPONSOR Published by the American Chamber Of Read TOPICS Online at topics.amcham.com.tw NT$150 Commerce In Taipei 7_2019_Cover.indd 1 2019/7/3 上午5:53 CONTENTS 6 President’s View A few of my favorite Taiwan travel moments JULY 2019 VOLUME 49, NUMBER 7 By William Foreman 8 A Tour of Taipei’s Old Publisher Walled City William Foreman Much of what is now downtown Editor-in-Chief Taipei was once enclosed within Don Shapiro city walls, with access through Art Director/ / five gates. The area has a lot to Production Coordinator tell about the city’s history. Katia Chen By Scott Weaver Manager, Publications Sales & Marketing Caroline Lee 12 Good Clean Fun With Live Music in Taipei American Chamber of Commerce in Taipei Some suggestions on where to 129 MinSheng East Road, Section 3, go and the singers and bands 7F, Suite 706, Taipei 10596, Taiwan P.O. Box 17-277, Taipei, 10419 Taiwan you might hear. Tel: 2718-8226 Fax: 2718-8182 e-mail: [email protected] By Jim Klar website: http://www.amcham.com.tw 16 Taipei’s Coffee Craze 050 2718-8226 2718-8182 Specialty coffee shops have Taiwan Business TOPICS is a publication of the American sprung up on nearly every street Chamber of Commerce in Taipei, ROC.
    [Show full text]
  • Properties Hosting Root Beer Float Day Events
    Property Name Address City State/Province Calgary Airport Marriott In-Terminal Hotel 2008 Airport Road NE Calgary AB Delta Hotels by Marriott Calgary Airport In-Terminal Hotel 2001 Airport Road NE Calgary AB Residence Inn By Marriott Calgary Downtown/Beltline District 610 10th Avenue SW Calgary AB The Westin Calgary 320 4 Ave SW Calgary AB Four Points by Sheraton Edmonton South 7230 Argyll Rd NW Edmonton AB Courtyard By Marriott Edmonton Downtown One Thornton Court 99 Street and Jasper Ave Edmonton AB Courtyard By Marriott Calgary South 3750 Market Street SE Calgary AB Delta Hotels by Marriott Calgary Downtown 209 4th Avenue SE Calgary AB Four Points by Sheraton Edmonton Gateway 10010 12 Ave SW Edmonton AB Four Points by Sheraton Grande Prairie 6702 106 Street Grande Prairie AB Four Points by Sheraton Edmonton West 18540 100 Avenue NW Edmonton AB Element Edmonton West 18540 100 Avenue NW Edmonton AB Renaissance Edmonton Airport Hotel 4236 36th Street Edmonton AB The Westin Calgary Airport 671 Aero Drive NE Calgary AB Four Points by Sheraton Sherwood Park 1005 Provinicial Avenue Sherwood Park AB Delta Hotels by Marriott Edmonton Centre Suites 10222 102nd Street Edmonton AB Delta Hotels by Marriott Edmonton South Conference Centre 4404 Gateway Blvd Edmonton AB Calgary Marriott Downtown Hotel 110 9th Avenue, SE Calgary AB The Westin Edmonton 10135 100 St NW Edmonton AB Courtyard By Marriott Calgary Airport 2500 48th Ave NE Calgary AB Calgary Airport Marriott In-Terminal Hotel 2008 Airport Road NE Calgary AB Delta Hotels by Marriott Calgary Airport In-Terminal Hotel 2001 Airport Road NE Calgary AB Residence Inn By Marriott Calgary Airport 2530 48th Ave NE Calgary AB Courtyard By Marriott Edmonton West 10011 184th Street Edmonton AB Fairfield Inn & Suites Calgary Downtown 239 12th Avenue SW Calgary AB Aloft Calgary University 2359 Banff Trail NW Calgary AB Residence Inn By Marriott Anchorage Midtown 1025 35th Avenue Anchorage AK Courtyard By Marriott Birmingham Colonnade/Grandview 4300 Colonnade Parkway Birmingham AL Mobile Marriott 3101 Airport Blvd.
    [Show full text]
  • The 26Th IT&CMA and 21St CTW Asia-Pacific
    The 26th IT&CMA and 21st CTW Asia-Pacific www.itcma.com • www.corporatetravelworld.com/apac 18 – 20 September 2018 Bangkok Convention Centre at CentralWorld, Bangkok, Thailand Show Directory a b > Contents Foreword by 37 Floorplan of Level 22 at Bangkok 3 Darren Ng Convention Centre (BCC) Managing Director, TTG Asia Media 38 Floorplan of Level 23 at Bangkok Messages from Convention Centre (BCC) 5 Chiruit Isarangkun Na Ayuthaya President, Thailand Convention & Exhibition Country/State Pavilion Bureau (Public Organisation) 40 Bangkok 6 Sumeth Damrongchaitham President, Thai Airways International 41 Fukuoka Public Company Limited 42 Hiroshima 7 Thirayuth Chirathivat Chief Executive Officer, Centara Hotels & Resorts 43 India 8 Sumate Sudasna 46 Indonesia President, Thailand Incentive and Convention Association (TICA) 50 Korea Messages from Endorsing & 54 Lanna Supporting Associations 58 Macao 9 Euromic – The Power of Local Knowledge 66 Malaysia 10 The Asian Association of Convention and Visitor Bureaus (AACVB) 73 Nagasaki 11 International Association of Professional 74 Osaka Congress Organisers (IAPCO) 75 Pattaya 12 International Congress and Convention Association (ICCA) 80 Philippines 13 Korea MICE Association 90 Sapporo 14 Pacific Asia Travel Association (PATA) 91 Seoul 15 Philippine Council of Associations and 94 Switzerland Association Executives (PCAAE) 95 Taiwan 16 Society for Incentive Travel Excellence (SITE) 101 Thailand 17 World PCO Alliance (WPCOA) 125 Corporate Exhibitors 19 Show Information & Acknowledgement 133 Corporate Travel
    [Show full text]
  • (UIL) 2019 - 2020 Hotel Listing
    University Interscholastic League (UIL) 2019 - 2020 Hotel Listing RESERVATION INSTRUCTIONS: Please note that some hotels are offering an alternative option to book on-line for the UIL rate. If a web address is listed below the hotel you can access the hyperlink on-line and simply include the provided UIL promotional code. To open a link in your web browser, please hold down CTRL while clicking the link. If only a phone number is listed, contact the hotel of your choice directly and identify yourself as a participant of a UIL event to receive the special rate. Please be prepared to provide a credit card number to guarantee your rooms. If you must cancel your reservations, be sure to contact the hotel 48 hours prior to arrival so your credit card will not be billed. IMPORTANT NOTE: The hotels listed have a limited number of rooms available at the listed UIL rate. When those rooms fill, the UIL rate may not be available. If after trying several properties, you are still unable to locate a hotel with available rooms, you may contact Visit Austin at (800) 926-2282. They can initiate a hotel availability check and get back to you. You can also check the Visit Austin web site at www.visitaustin.org DOWNTOWN Courtyard Austin University Area Address: 5660 N IH 35, Austin, TX 78751 Phone #: 1(888) 236-2427 Sales Manager/Hotel Representative: Deb Stabile, [email protected] Distance to University of Texas: 3 miles Distance to Dell Diamond: 18 miles Amenities: Restaurant, Guest Laundry, Exercise Room, Pool, Bus Parking, Comp WIFI UIL Promo Code: U43 UIL Rates: 10% Off Retail To Book: https://www.marriott.com/events/start.mi?id=1567687292004&key=CORP DoubleTree by Hilton Austin – University Area Address: 1617 N.
    [Show full text]