Newsletter - January 22, 2003
Hilton
replaces Hearn with Nordic chief
Caterer.com
- Hilton International has appointed Wolfgang Neumann chief of
Hilton UK & Ireland after former managing director Grant Hearn moved
to venture capital group Permira to head its newly-acquired Travelodge
business.
Neumann, who has worked
with Hilton for more than 18 years, becomes area president of Hilton UK
& Ireland. He is currently senior vice president of Hilton
International Nordic region, where he is responsible for more than 140
hotels, including the entire Scandic chain.
Hearn, who was managing
director at Hilton UK for three years, will become chief executive of the
new roadside business Permira bought from Compass in December 2002 for £712m.
He will look after 220
Travelodge hotels and 368 Little Chef restaurants.
Hearn previously spent
five years at Whitbread, some of which was spent running its Travel Inn
budget hotels, and also has 14 years' experience at hotel group Forte.
Hearn leaves Hilton at
the end of this month and Neumann takes over from 1 February.
Source: Caterer.com
Best
Western Announces Fourth Quarter Results
Further
solidifying its position as THE WORLD'S LARGEST HOTEL CHAIN®, Best
Western's worldwide development team finished the year strong by signing
83 new hotels to the brand during the fourth fiscal quarter ending Nov.
30. During the quarter, 42 hotels were added in North America and 41 were
signed internationally. The chain ended the fiscal year with 4,060 hotels
in 81 countries across the globe. In all, the company's worldwide
development team brought 282 hotels into the brand.
In
North America, the company welcomed their largest hotel system-wide. The
Best Western Tuscany Suites and Casino in Las Vegas, Nev. features 716
guest suites. The hotel is located just two blocks from "The
Strip" and offers 7,000 square feet of meeting space, concierge
service and a full-service restaurant.
In
October, the company also opened the Best Western Greenwood Inn and Suites
in Beaverton, Ore. The hotel has 217 guestrooms and is the largest Best
Western in the Oregon-Washington state area.
Other
key additions included: Best Western Ramkota Hotel, Bismarck, ND (306
rooms); Best Western Kennedy Airport, Jamaica, NY (91 rooms); Best Western
Prairie Inn, Galesburg, Ill. (139 rooms); Best Western Marathon Resort and
Suites, Marathon, Fla. (79 rooms) and the Best Western Burlington Inn and
Suites, Burlington, Ontario, Canada (56 rooms).
"We
accomplished what we intended," said Mark Williams, vice president of
North American Development for Best Western. "Our development team
worked strategically to grow the brand in our targeted markets and they
did that better than we had anticipated. Prospective members continue to
respond positively to our efforts because we offer them better value and
services than our competitors."
Williams
continued, "Not only did we meet our goal of attaining new members,
but we also maintained our current membership base at a renewal rate of 99
percent for the seventh year in a row."
Over
the past few years, Best Western's goal has been targeting areas where the
brand is under-represented. While the hotel industry has been criticized
for over saturating markets, Best Western's new additions consisted
primarily of conversions in North America and venturing into sparsely
branded areas across the globe.
"We
developed cautiously, but intelligently around the globe in 2002,"
said Suzi MacDonald, vice president of International Operations for Best
Western. "One of our goals was to further expand Best Western's
presence in South America this past year. To support that effort, we added
a South American sales office, including reservation services which have
truly benefited that region."
During
the last quarter of 2003, Best Western officials recruited five new
members in South America. Throughout the year their focus had been the
recruitment of a quality and highly visible member hotel in Sao Paulo, one
of the continent's major markets. During the month of November, two new
members were recruited in Sao Paulo, one of which, the BW Regent Park
Hotel, is a 70-room, four-star property located in the city's most
prominent business and entertainment district.
Internationally,
Best Western also welcomed first time additions in Macedonia, Yemen and
New Caledonia. The brand also grew with an added five hotels in France,
five in the United Kingdom, three in Italy and three in the Netherlands.
Best
Western is THE WORLD'S LARGEST HOTEL CHAIN® with more than 4,000 hotels
in 80 countries and territories. It is a membership association of
independently owned and operated hotels that provides marketing,
reservations and operational support to its member hotels.
Best
Western International, Inc. http://www.bestwestern.com/
HVS
Hospitality Enews Europe
Thistle
Had A Hard Year - Thistle
Hotels this week looked back on 2002 with a trading update that blended
mixed fortunes with a dash of caution. Although turnover in the second
half of the year at the company's 18 owned or leased hotels was 1.9% ahead
of the comparable figure for 2001, it was not enough to compensate for the
13.6% fall in the first half. Consequently, turnover of £151.1 million
for 2002 as a whole was down 6.8% on the previous year, an outcome that
Thistle claimed was in line with its expectations; it could offer no firm
predictions for turnover in 2003, but would aim to keep costs under
control in the current trading climate. Nevertheless, Thistle could take
heart from seeing RevPAR at these 18 hotels rise 2.7%, to £58.36, in the
second half, an increase helped by a rise in occupancy of 8.9 percentage
points. However, this news was tempered in turn by a year-on-year decline
in RevPAR of 3.8%, to £39.15, at Thistle's 38 managed hotels. Away from
the results, a report in the Daily Telegraph newspaper quoted Chief
Executive Ian Burke as saying that although he would not rule out a sale
of the 18 owned and leased hotels in London, any such deal was unlikely in
the current market conditions.
Maarten
Of Arabia - Dutchman Maarten
van den Nieuwenhuysen, recently installed as Radisson SAS Hotels' District
Manager for Saudi Arabia, will now have three properties to supervise
after the company unveiled two new hotels this month. The 317-room
Radisson SAS Hotel Riyadh and the 292-room Radisson SAS Hotel Jeddah, both
of which are to undergo extensive renovation, join the 183-room Radisson
SAS Hotel Yanbu, which opened on the Red Sea coast in November. Mr van den
Nieuwenhuysen will also be responsible for further development of the
Radisson SAS brand in the country.
Silken
Moves In Spain - Silken
Hoteles will in the next few months open what will be its third hotel in
Barcelona. The Spanish chain has paid €32 million for a 240-room,
four-star hotel which is rising in the 22@ business district of the city.
In addition, Silken has an interest in a hotel currently being finished in
the northern city of Santander (Cantabria). The 92-room, four-star Hotel
Silken Coliseum, in which Silken and the Cantabrian regional authorities
have invested a total of €5 million, is set to open in late April. AC
Hotels, meanwhile, has opened the 65- room, four-star AC Hotel Huelva in
southern Spain, the first of some 19 hotels it hopes to open this year.
A
Sale At The Marina - The Quinn
Group has taken ownership of its second UK property after paying CRD
Catering (City) an undisclosed sum for the 128-room Holiday Inn
Nottingham-Castle Marina. The Quinn Group also owns the 198-room Crowne
Plaza Cambridge and five properties in Ireland. In another sale concluded
in the UK, Euro Quality Lambs acquired the 65-room Dolby Hotel in Salford,
Greater Manchester from Dolby Management for almost £2.75 million.
Elsewhere, an unnamed London-based solicitor has paid more than £1
million to Anglian Water for the Normanton Park Hotel on the southern
shore of Rutland Water. The 23-room property is let to Old English Inns
for the next nine years.
Radisson
SAS Lands In Narvik - Radisson
SAS Hotels has opened a twentieth Norwegian property: the 107- room
Radisson SAS Grand Royal Hotel in the northern port city of Narvik. The
company has not neglected neighbouring Sweden either, where the city of
Karlstad has welcomed the 131-room Radisson SAS Plaza Hotel. And Radisson
SAS has been quick to follow up last week's announcement of the opening of
the Radisson SAS Roe Park Resort by revealing that a second property in
Northern Ireland is now being built. The new £14 million 120-room
Radisson SAS Hotel will form part of the Cromac Wood Business Park
development in Belfast, and is due to be ready by May 2004.
Great
Eagle Name Becomes Extinct -
Great Eagle Hotels International, the hotel operating and asset management
arm of Great Eagle Holdings Hong Kong, has changed its name to Langham
Hotels International (LHI). As LHI's Vice President of Marketing and
Development Kevin Murphy explained, the name change will sharpen the
company's focus on its desire for growth over the coming years and will
strengthen its commitment to own or operate only successful, high-quality
hotels. The new name is a tribute to The Langham Hilton in central London,
which Great Eagle took under its wing in 1996 for some £100 million; LHI
considers this property to be the standard by which its future expansion
will be set.
Titbits
From The Top Table - Pierre
Boppe has joined Corinthia Hotels International as its first Chief
Executive Officer, and he will be met at the boardroom table by Raymond
Capdevila, formerly CEO of Accor's Asia division. De Vere Group has also
been making appointments. It now has two regional directors in the UK: Tom
Hendry, covering the north, and Adrian Trumper, who covers the south. Each
director is charged with operational and financial performance in his
region and with delivering business strategies.
A
Peek Into Russia - Beijing
Invest, which, despite its name, is a Russian company, is reportedly set
to invest US$150 million in the renovation of the Pekin Hotel in Moscow.
The work, which is set to begin in June and take three years to complete,
would see the 300-room, city-owned property transformed into a 600-room,
four-star hotel complete with an adjacent first class business centre.
Loch
Fyne Nets A Hotel - Loch Fyne
Restaurants has served up something new above its restaurant in Bath: its
first hotel, the nine-room Milsoms lifestyle hotel. However, according to
Managing Director Mark Derry, his company, which has 22 seafood
restaurants in the UK, is not currently planning to have more hotels. Down
in Plymouth, meanwhile, Crownhill Estates has secured permission to build
a 74- room hotel and a pub/restaurant for £18 million, while in the East
Midlands Ingleby 125 is awaiting permission to build an up-market 112-room
hotel in Leicester city centre. Another city also anticipating development
work is Aberdeen, where the local council, in partnership with NHS
Grampian and Scottish Enterprise Grampian, plans to build a hotel as part
of a multimillion pound mixed-use redevelopment of the Denburn and
Woolmanhill districts.
Changing
Of The Guard - Whitbread has
announced a three-stage plan designed to make its portfolio of Beefeater
restaurants more palatable. A question mark has been in place against the
250 outlets since at least last October, when Whitbread's latest set of
results showed that the Beefeater chain had fallen well short of the
company's desired target of 5% sales growth. Consequently, the first stage
of the plan will see 51 restaurants sold off. The second stage will see
seven outlets absorbed by the Brewers Fayre or Travel Inn brands.
Restaurants surviving these first two stages will be given a new format,
the third stage of the process, although it is expected that the Beefeater
name will be retained.
Promotions
At HVS International's London Office
- We are delighted to announce that Bernard Forster has been appointed
a Director of the firm, and that Karen Smith has been appointed an
Associate Director; each promotion was effective from 1 January 2003. Both
Bernard and Karen will be well-known to many of our clients and friends,
and each one has made a tremendous impact on our business, especially in
the past year. Bernard joined HVS in 1997, having previously worked in the
IT sector and for several years in various hotel operational management
roles in Switzerland and London. Bernard holds an MSc in Property
Investment from City University, London and a BSc in Hotel Management from
Oxford Brookes University. He has advised on hotels throughout Europe, the
Middle East and Africa. Karen joined HVS in 2001, having worked in the
hotel departments of a number of leading firms of chartered surveyors. A
member of the RICS, she is a graduate of Nottingham Trent University,
where she obtained a BSc (Hons.) in Urban Estate Surveying. She has
conducted a large number of valuations and feasibility studies for hotels
throughout the UK and more widely in Europe.
Vote
For Your Most Memorable Experience
- Voting has begun for the Ultimate Service Awards 2003 - the premier
global recognition programme for the hotel industry. If you have recently
experienced a hotel stay where employees went out of their way to make
your visit memorable, then this is your chance to acknowledge them. You
can vote for up to ten hotels of any kind, in a variety of categories. The
award will be granted to one hotel from each of nine global regions at the
International Hotel Investment Forum (IHIF) to be held in Berlin on 11-13
March 2003. To vote, go to www.cnn.com/hotels.
HVS International is again delighted to be a sponsor of the IHIF and
Russell Kett, Managing Director of the London office, will be speaking at
the event. We look forward to meeting clients and friends at this most
important conference. Further details of the conference programme and a
registration form may be found at www.berlinconference.com.
Absolute Share Price Performance Over the
Past Week 09/01/03-16/01/03
Thistle
Hotels - Investors remain
concerned about the company's indecision over what it should do with the
proceeds from last year's sale and leaseback deal with Orb Estates.
NH
Hoteles - Analysts at
Ibersecurities predict that the company will be among the best performers
on the Ibex 35 index this year.
Jurys
Doyle - The share price felt the benefit from last week's good interim
results.
HVS
International
You
are also welcome to contact the following personnel at HVS International's
London or Madrid (Laurent de Kousemaeker) offices.
Russell Kett, MD at rkett@hvsinternational.com
Charles Human, MD Investment Services at chuman@hvsinternational.com
Simon Hudspeth, Director at shudspeth@hvsinternational.com
Dominique Bourdais, Director at dbourdais@hvsinternational.com
Christopher Mumford, MD Executive Search at cmumford@hvsinternational.com
Laurent de Kousemaeker, Director at ldekousemaeker@hvsinternational.com
Hawaii Looks to Tap
Into Chinese Tourism
(AP)
-- As Hawaii's tourism-based economy continues its slow, steady
rebound from the aftermath of the Sept. 11, 2001, terrorist attacks, there
are those who say the state will have to look toward previously untapped
markets in its effort to rebuild the industry. One Honolulu-based company
is attempting just that, as it seeks to lure 100 couples from China to the
state for a five-day wedding event this spring.
Organizers say the
event -- with a Chinese television crew in tow to broadcast the Hawaii
experience back home -- is just one way to jump-start tourism from China,
one of the fastest growing markets but also one of the smallest groups
that has made the islands a travel destination. ``We are seizing this
opportunity to present Hawaii as a premiere destination for weddings and
honeymoons to the people of China,'' said Mike Nakamura, marketing
director for United Hawaii Holding Co., which is organizing the wedding
event. ``Here we have an emerging economy that for the first time is being
allowed to travel overseas for leisure purposes. ``Every foreign
destination is excited about the potential from this nation. They keep
seeing 1.2 billion people, and it's just mindboggling when you think about
it.''
Once isolated from the
world, Chinese are traveling abroad like never before. A record 12.3
million Chinese went abroad between January and September, about 25
percent more than in the same period the previous year, according to
China's Ministry of Public Security, which issues passports. During the
entire first three decades of communist rule, just 210,000 people were
allowed to go overseas. Also, some major countries didn't have relations
with China and only a few Chinese could afford foreign travel. Through the
first seven months of 2002, Hawaii welcomed about 3,000 Chinese visitors
per month, according to the state Department of Business, Economic
Development and Tourism. Those figures were up about 12.2 percent from the
same period a year ago. ``It's the fastest increasing market, but it's
still very small,'' said Eugene Tian, a tourism research specialist with
the state agency.
By contrast, the
number of visitors from the U.S. mainland and Japan -- the state's
traditional target markets -- numbered 295,000 and 119,000, respectively,
in November alone, according to the agency. ``The Chinese market is on
everybody's radar screen,'' said Rex Johnson, president and chief
executive of the Hawaii Tourism Authority. ``We all know it's going to be
a huge player just because of sheer numbers.'' For several years, the
state has courted China, sending delegations to encourage business travel
and tourism. Last July, the Hawaii Visitors and Convention Bureau
announced an agreement with Hainan Airline Group, China's fourth largest
airline, to promote tourism from China to Hawaii. Observers say Hawaii,
about 5,000 miles from China, is a natural fit for Chinese tourists
because of its Asian culture and historical ties to China.
For one, Hawaii is the
former home of Dr. Sun Yat-sen, the leader of the 1911 revolution that
ended imperial rule. He is revered as the founder of modern China. ``Those
are the kinds of cultural things that we need to find in common so that
we're not just another destination -- so that there's some connection to
their culture and to their history that would be an attraction for them to
come over,'' said state Sen. Donna Kim, the Senate's tourism committee
chairwoman. United Hawaii Holding Co. was founded last month with the goal
of doing just that -- showcasing Hawaii as a premiere travel spot not only
for weddings but for cultural tourism, said founders Thomas Tay and Gordon
Ho.
How
to Lower the Property Taxes on
Your Hotel or Restaurant
Written By: Richard D. Williams & Karen A. Smith HVS
International
Every taxpayer is
interested in lowering their property taxes, but few go about it in the
right way. There are some common procedural and valuation methods to
employ in protesting the property tax value of a hospitality property.
This article sets forth a brief description of some of these methods.
After receiving a notice of the
Assessor’s determination of value, the taxpayer should realistically
consider whether the value appears on its face to be reasonable. While
most taxpayers have a feel for the market value of their property, that
value usually includes a business component. For ad valorem tax purposes,
only the real estate value of the property is subject to tax. Market value
comprises real estate value, business value, and personal property value.
It usually is necessary to retain an experienced appraiser of hospitality
properties to determine the various components of market value.
An experienced appraiser will first
determine the overall market value of the hotel or restaurant. This value
should be determined using the income approach to value, using the actual
income and expenses of the property. If the resulting value is lower than
the Assessor’s determined value, the actual income and expense
information should be given to the Assessor. Many taxpayers only provide
isolated actual figures, and try to rely on survey data to obtain a
reduction in value. Assessors typically will not determine or accept a
value using some actual results and some hypothetical results. Once a
decision has been made to provide actual results, provide all of them and
only rely on survey data to support the reasonableness of the actual
results.
After market value has been
determined, the value must be reduced for property tax purposes by first
deducting the business value of the hotel or restaurant. This is achieved
by taking a deduction for the management fee and franchise fee from net
income. The actual management fee and franchise fee paid should be used in
making this adjustment. Support for the amounts of the actual management
fee and franchise fee may be necessary, if the actual fees paid are higher
than those used by the Assessor. If no management fee or franchise
fee is charged to the property, which can be the case if the hotel is
owned and operated by a hotel chain, an adjustment should be made as well.
The resultant value must then be
reduced for property tax purposes by making adjustments for the return on
and return of investment in personal property. The return on personal
property is determined by multiplying the current value of the personal
property by an appropriate rate of return. The rate of return should
reflect the cost of capital used to purchase furniture, fixtures and
equipment. Typically interest rates for personal property loans are a few
percentage points higher than interest rates on loans for hotel or
restaurant real estate. The return of personal property is removed from
the income stream by taking a deduction for the funding of an appropriate
reserve for the replacement of the personal property. The appropriate
reserve depends on the age, quality, and durability of the personal
property, and the amount of guest traffic and resultant use. Reserves
typically range from 3% to 5% of total revenue for hotels, and from 1% to
3% for restaurants.
Finally, the net income must be
capitalized, using a tax-loaded capitalization rate. The development of an
accurate capitalization rate is a key component in the protest of a
hospitality property value and requires access to data that may not be
readily available to a typical taxpayer. The base rate should be composed
of an interest component reflecting the return on capital as well as a
recapture component providing for a return of capital. The first component
(i.e., return on capital) can be determined using a regression analysis of
interest rates for hotel mortgages and utility bond yields. The
second component (i.e., equity dividend and equity yield) can be obtained
from either a survey of lenders and investors, or from actual sales of
hotels or restaurants appraised by the person developing the
capitalization rate. Developing a capitalization rate from sales without
knowledge of all the circumstances surrounding a sale can be misleading
because the sales price may have been influenced by factors such as
financing, existing or anticipated income, tax benefits, deferred
maintenance, and reserves for replacement. Further, the base rate should
be reflective of the risks involved with the particular property. Rates
listed in surveys usually are reflective of major sales, and typically are
indicative of the lower end of base rates.
After determining the applicable
base rate, the tax rate should be determined using the actual tax rate
imposed by the taxing jurisdiction for similar properties. The total
of the base rate plus the tax rate is the tax-loaded capitalization rate
to be applied to the net income of the property. It should be noted that
it can be difficult to convince an Assessor to use the taxpayer’s
capitalization rate. Assessors will argue that the same capitalization
rate should be applied to all hospitality properties in a market because
all properties in the market face the same risks. While an experienced
appraiser or owner of hospitality properties knows that this is false,
assessors do not typically have the time or data available to develop
individual capitalization rates for properties. Therefore, in order to
succeed on a capitalization rate argument, you will need to distinguish
your property from other hospitality properties in the market, and you
will need to be dealing with an open-minded assessor or hearing officer.
This value is the value for the
real estate component of the hospitality property. Compare this value to
the value on your property tax notice. If it is lower, you may have a good
case for lowered property taxes. The next decision is how to convert this
lower value into a value accepted by the Assessor.
It is our experience that few
taxpayers are able to successfully represent their own properties before
the Assessor. There is an art to achieving lowered tax values; and the key
is a representative who is experienced with property tax. Retain an
experienced professional to meet with the Assessor, or his representative,
to present the results. Do not accompany the professional to the meeting.
As in any situation involving a tax dispute, it is desirable to be
represented rather than attempt to negotiate on your own behalf. A
professional is trained to handle pointed questions, which a taxpayer may
find difficult to answer. In addition, if the taxpayer is absent from the
meeting, the professional can defer answers on some questions until after
he has had a chance to confer with the taxpayer. Ask your representative
to debrief you after his meeting with the Assessor so that you will know
the results of the meeting, and whether additional information and/or
meetings have been requested.
It may be necessary to take your
case to a higher level if the Assessor does not agree to lower the value.
Your representative should ask the Assessor what additional information
would have to be presented to convince him to lower the value. The
Assessor may need to have the information be verified. The Assessor may
state that he will not lower the value no matter what evidence is
presented. This may or may not be indicative of the likelihood of success
at a higher level. In some jurisdictions, it is commonplace to take every
case to at least the next level. Whether this is the right step for your
property depends on the costs and benefits of taking the case to a higher
level. Your representative should be able to assist you in making this
decision.
In sum, there are some common
procedural and valuation methods to be used in protesting the property tax
value of a hospitality property. An appraiser or other representative
experienced in property tax valuations can be invaluable both in assisting
a taxpayer in the determination of whether the Assessor’s value is
accurate and in the presentation of evidence to the Assessor.
If
you would like more information on HVS’s property tax services, please
e-mail the authors at rwilliams@hvsinternational.com
Taymouth
Castle may become world's second seven-star hotel
The
Scotsman -
ONE of the world’s leading hotel groups is in talks to buy
Taymouth Castle and transform its fading grandeur into a rival to
Gleneagles.
The Four
Seasons group intends to spend millions of pounds on buying and upgrading
the Perthshire castle, one of the largest in Scotland in private
ownership, into one of the world’s leading hotels.
One
possibility suggested is that it could be transformed into Scotland’s
only seven-star hotel. There is only one other seven-star hotel in the
world, the Burj Al Arab in Dubai.
Taymouth
Castle, at Kenmore near Aberfeldy, has been at the centre of years of
speculation over its future and last year there were suggestions that it
had caught the eye of Madonna and Cher. The Four Seasons group has refused
to confirm or deny its interest in the castle, but it is believed to
regard it as a potential rival to Gleneagles.
Yesterday,
a spokeswoman said it was looking at many opportunities all over the world
but was not in a position to make an announcement about properties in
Scotland. "We can’t confirm anything with Taymouth Castle. We are
looking at opportunities all over the world. We haven’t ruled out
Scotland and we are always looking for new properties, but many of these
things don’t get through to the next stage."
Record
growth and expansion for Hilton's Worldwide Reservations Centre
AME Info -
Hilton International, the world's
leading hotel brand has revealed record growth for its Dubai-based Hilton
Worldwide Reservations Call Centre, with staggering call volumes handled
in 2002
Anish
Bhatia, Manager of Hilton Reservations Worldwide said, “We are delighted
with the growth experienced during 2002, especially in face of the
difficult times experienced by the hospitality industry as a whole. The
increased volumes of inbound calls has allowed us to boost capacity of
existing lines, add new dedicated lines for Oman and Jordan, plus increase
our agent levels by 100 per cent in order to cope with the increased
demand.”
“We also expanded our scope of operations last year, and set up
dedicated toll-free lines to service our 95,000 Hilton Hhonors loyalty
programme members in the region. We now average 700 calls a month,
primarily covering redemption bookings and enrolment for these members in
the UAE, Kuwait, Saudi Arabia, Bahrain and Egypt.”
The response from travel agents, corporate bookers, and members of the
public has exceeded expectations, with callers making reservations both
within the Middle East region and further afield. Further growth is
expected this year as more travel agents and travellers familiarise
themselves with Hilton Reservations Worldwide's simple and quick booking
processes.
Hilton Reservations Worldwide was established in Dubai in 1996 - currently
residing in Hilton's regional headquarters at Dubai Internet City. The
reservations hub is staffed by a team of multi-lingual professionals,
providing information and assistance in five languages, and offering toll
free access to hotel bookings at over 2,400 Hilton hotels in more than 65
countries worldwide. Hours of operation are from 8am to 10pm on weekdays,
and 11am to 8pm at weekends and public holidays.
“With our established call-centre team based here in DIC, we can take
advantage of the latest technological advances and ensure a more
innovative approach to customer care. We are fully committed to
simplifying procedures and providing excellence in customer services”
added Bhatia.
EIBTM
offers young professionals forum
TravelWeeklyEast.com
- As part of the EIBTM
Youth Campaign, ICCA and EIBTM are offering 20 young industry executives
the opportunity to gain vital industry knowledge by taking part in the 7th
Forum for Young Professionals.
The
Forum for Young Professionals is designed to give the 20 executives an
insight into the industry and its potential for them, plus a chance to
network with their peers.
Successful
applicants will be hosted in Geneva for four days, between 17 May to 20
May 2003. During their stay the group will take part in an educational and
networking programme designed by ICCA and have the chance to visit EIBTM
2003 (20-22 May, Palexpo, Geneva).
Forum
for Young Professionals is complimentary and includes three nights
accommodation and a return flight to Geneva. The deadline for applications
is 7 March 2003.
For
further information contact Mieke van Keulen: mieke@icca.nl
ASEAN
Tourism Forum (ATF) 2003: New Destination, Renewed Interest in ASEAN
Tourism
AsiaTravelTrips.com
- New places and new faces will figure strongly at the ASEAN
Tourism Forum (ATF) 2003 taking place in Phnom Penh, Cambodia from 20 to
27 January.
For
the first time in its 22-year history, the annual trade show of the best
Southeast Asian travel and tourism products will be staged in Indochina,
and Cambodia has the honour of being the first among the newer ASEAN
members to host the event.
The
full capacity of 400 booths at TRAVEX, the main event of ATF, has been
taken up. Several new destinations and hospitality suppliers will join the
line-up of regular exhibitors at ATF 2003. Among the new entrants are a
strong contingent of tour operators, hotels and airlines from host country
Cambodia – its biggest-ever presence at ATF – and a huge force from
Indonesia representing all sectors of the tourism industry and far-flung
parts of the archipelago. This will be Indonesia’s strongest showing at
ATF, a strategy being taken by Thailand as well, given its convenient
location beside the Indochina countries and the growing interest in the
Greater Mekong region.
On
the buyer front, there will be many new faces from emerging markets such
as Eastern Europe, CIS/Russia and South America. Of the 400 hosted and
trade buyers, 11 per cent are from these nations. Even among countries
that are long-established buyers of ASEAN travel products, and whose trade
members faithfully make this annual “shopping trip” to meet and
contract with suppliers, there will be several new participants.
Veterans
and newcomers alike have welcomed this “freshness” as it gives ATF a
good mix of new and exciting products and people to look forward to,
against a backdrop of time-tested, traditional staples. Cambodian Prime
Minister Mr Samdech Hun Sen will open ATF 2003 on 24 January. He will
simultaneously launch Visit Cambodia Year 2003 in a pleasant garden
setting on the banks of the historic Mekong River.
Senior
Minister and Tourism Minister, Mr Veng Sereyvuth, said “Cambodia
welcomes the tremendous exposure that will come from staging ATF. My
ministry is coordinating with the Mayor of Phnom Penh and his office, the
Ministries of Interior and Culture, and all relevant agencies to ensure
that ATF and the Visit Cambodia Year campaign will be a resounding
success.”
Cambodia
hopes to earn a substantial amount of foreign exchange from tourism each
year that will help in its economic development. Tourism currently
contributes about 10 per cent to Cambodia’s GDP.
Tourism
Ministers will convene at ATF to discuss plans for cooperation outlined in
the ASEAN Tourism Agreement signed by their Heads of Government
during the Eighth ASEAN Summit in Phnom Penh last November. These
strategies and initiatives will give impetus to the ATF 2003 theme,
“ASEAN Unity: Ensuring a Brighter Future”.
Corinthia
Hotels International targets Canadian market
Corinthia Hotels International has appointed Canadian national Mr David T
Batey as its full time representative in Canada, bringing, for the first
time, the ever-expanding hotel chain into direct contact with the
important North American travel market.
Mr
Batey is president and chief executive officer of Going
Global Travel Management firm based in Toronto, Canada. He has a vast
knowledge and wide experience of the North American travel scene, having
held the positions of vice-president Canada with UTELL International,
director of sales with Delta Hotels and Resorts, and sales manager Ontario
and Western Canada of American based Continental Airlines.
" The Canadian outbound travel market is
presently on a high, especially to European and North African
destinations, with airline routes constantly on the increase " said Mr Batey
enthusiastically. "Corinthia
was quick to realise this potential, and I firmly believe that my
appointment comes at a very opportune moment, when CHI can fully benefit
from this increased demand.".
Congratulating
Mr Batey on his appointment, CHI's group director of sales and mrketing Mr
Geoff Andrew emphasised that Corinthia's move into this hitherto largely
untapped market was further proof of its ongoing commitment of
strengthening its marketing activities in line with the company's
ambitious expansion plans.
Mr
Batey will be looking at substantially increasing CHI's presence in Canada
and North America, with a view to attracting more MICE, Corporate and
Leisure business to the company's 23 four and five star hotels in Belgium,
the Czech Republic, Hungary, Libya, Malta, Portugal, Russia, The Gambia,
Togo, Tunisia and Turkey.
The
Canadian representation joins similar CHI offices in Denmark, France,
Germany, Italy, Russia, Spain, The Netherlands, Turkey, and the United
Kingdom.
Le
Meridien gains first hit in its China drive
TravelWeeklyEast.com
- Le Meridien Hotels
& Resorts will manage its first Hong Kong property from September,
with the opening of the 173-room Le Meridien Cyberport.
At
last Friday’s ‘topping out ceremony’, Le Meridien’s regional
managing director Michael Sagild said the new project is one of several in
the pipeline for the greater China region.
“Le
Meridien Cyberport not only marks the second step in Asia – following
Kuala Lumpur – of our ambitious expansion plans, but also the first step
into greater China where several projects are presently in the
pipeline,” he said.
“With
its unique location, Le Meridien Cyberport will serve as a showcase for
world class technology and warm hospitality,” said Sagild.
Facing
the sea, the hotel is located within the 24-hectare Cyberport, a
government IT project under development in Telegraph Bay, along the
southwestern side of Hong Kong. Currently, access is limited to taxis and
shuttle buses. The government is reportedly looking into building a Mass
Transit Railway (MTR) link and perhaps a ferry linking the Cyberport with
Hong Kong’s Central district.
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