Newsletter - April 4, 2003
SARS
- W H O Press briefing
World Health Organization
Dr David Heymann, Executive Director, Communicable
Diseases
Dr Guenael Rodier, Director, Communicable Disease Surveillance and
Response
Mr Dick Thompson, Communications Officer
Mr Dick Thompson
This will be an abbreviated press briefing. You will have an opportunity
to ask a few questions, but not many. The reason is that they are getting
on a flight to attend Carlo Urbani's funeral in Italy.
Statement from Dr David Heymann
Good morning. Thank you for coming this morning. We have two different
types of information to offer to you this morning. The first is that China
is now a full partner with WHO. The teams have been asked to immediately
go to Guangdong. Guangdong has reported the number of cases that have
occurred during the month of March, which is 361 cases and 9 deaths, which
mean that the epidemic is still going on in Guangdong, and they have
promised that later today they will provide all of the information that
they have obtained from their national disease surveillance system looking
for SARS. So we are very pleased to announce that China is now a full
partner with other international partners, in fact with the rest of the
world, in collaborating on stopping this epidemic and in finding out the
various aspects that we need to find out.
The second [type of information] is that since control
measures have begun in Hong Kong, which began on 15 March, just after we
made our announcement, and in other parts of the world, control measures
have been successful in stopping the disease. For example, in Viet Nam the
disease has been stopped we believe. In Singapore and Toronto, activities
are going on and they are having good success.
I would like to focus now on Hong Kong, however, where
since 15 March there have been 9 people, travellers, tourists or
businessmen, from Beijing, from Taiwan, and from Singapore, who have
returned home from Hong Kong infected with SARS. In addition in Hong Kong,
they have found that transmission does not seem to be only by close
contact from person to person. It appears that there is something in the
environment that is transferring virus, which is serving as a vehicle to
transfer the virus from one person to another. We do not believe this is
the air. We believe that it is something else in the environment and we
have talked about that in past press conferences. It is possibly an object
that people are touching and getting infected from, where there has been a
SARS patient who has coughed, or possibly a sewage system or a water
system or some type of environmental vehicle that takes the virus from a
sick person to others. So we see clusters of cases where there is one
case, for example, living in an apartment building, where other people in
that apartment building have been infected.
So for these two reasons, because of the fact that we do
not completely understand the means of transmission in Hong Kong, and
because since the 15 March tourists and businessmen have returned from
Hong Kong to their countries with infection, we have decided to make a
recommendation that people who are planning travel to both Hong Kong and
Guangdong, which as you know is adjacent to Hong Kong, consider postponing
their travel until another time. We will be working daily with the Hong
Kong authorities, and we have daily conference calls with them and now we
will begin also with Guangdong authorities, to determine if there are any
reasons that we can stop that recommendation. In other words, the
recommendation will be reevaluated every day and we will make a decision
every day whether or not that needs to be changed. So now what we have is
from all sites where there is a SARS outbreak that is causing chains of
transmission, we have requested that tourists or travellers understand
about the disease, that airports screen passengers who are returning to
their countries from these sites, and now, in addition, we are telling
travellers who are planning to go to Hong Kong and Guangdong that they
consider postponing their travel. So what we have is a system in place now
which will, we hope, stop the spread from the sites where SARS is
occurring internationally and at the same time help passengers, tourists
or businessmen who are planning to go to Hong Kong or Guangdong decide
better whether or not they should go. We are recommending that they
reconsider their travel plans and postpone if possible their travel to
Hong Kong or Guangdong.
Dr Guenael Rodier
Clearly Guangdong and Hong Kong are the two largest foci for infection,
two foci where transmission is documented to be ongoing, and two foci
where more investigation is required to get the full picture of what is
going on in terms of transmission and the exact size of the event.
Questions and answers.
Q. You say that travellers should consider postponing
their travel. Do you have a scale of travel advice for this? Is it code
red, code B, code C? Is there an absolute prohibition?
A. Dr David Heymann: WHO has a book of International
travel and health and we recommend various ways of preventing disease to
passengers or travellers internationally when they go to a country. When
they go to a country they look in the book and they decide what to do.
Most of the diseases that are in the book have either a vaccine or a drug,
so we recommend a vaccine or a drug. This is the first time that we have
recommended people avoid an area and this is of course because we do not
understand the disease completely, because there’s no vaccine and
there’s no drug. So this is the first time that we have made this type
of a recommendation in recent years to avoid an area because of a disease.
Q. During your consultation with the Hong Kong
authorities, what was their reaction to your decision to declare Hong Kong
an area of restriction?
A. Dr David Heymann: We have been discussing on a regular
basis with Hong Kong authorities and of course no one wants to have a
travel recommendation that recommends people not come to their place. But
they have accepted this and they are working very hard now to better
understand the situation. As they have been right along. We are very
confident that Hong Kong will be able to, in a very few days, understand
what is going on and then therefore be better able to control the outbreak
there.
Q. You explained the two reasons why you are advising
travellers to avoid Hong Kong. But for the second reason, about
environmental factors, does that also apply to Guangdong?
A. Dr David Heymann: Guangdong, the recommendation has
been made because we do not understand yet what is going on in Guangdong.
We have put in a maximum level of recommendations, the same as we have for
Hong Kong where we know what is going on. As we understand what is going
on in Guangdong, we will know that the epidemic is continuing, we know
that there were 361 cases in just the past month. So therefore we do not
know anything more than that at present, but because we do not know we are
making this recommendation.
Q. How and when will you release this recommendation? Do
you have the exact wording?
A. Dr David Heymann: Yes, it will come out later today.
Q. How likely is it now that it spills over into other
countries [note added to transcript: or areas] in the region, for example,
Taiwan?
A. Dr David Heymann: Taiwan actually has had 1, 2, 3, 4,
5, businessmen [note added to transcript: 4 businessmen and 1
businesswoman] return from Hong Kong since the 19th of March [note added
to transcript: 15 March] with what’s been reported as probable cases of
SARS, but remember we don’t have a diagnostic test. We have no confirmed
cases.
Q. Yes, Dr Heymann, can you explain a little bit about the
process prior to issuing this advice? While it probably makes sense from
the health perspective, it will have economic, social, political impact in
the region. I’m wondering if you have consent from authorities in
Guangdong, Hong Kong, or China?
A. Dr David Heymann: We’ve spoken first of all with IATA,
which is the International Air Transport Association, and they have
understood this and they have acknowledged that this is the recommendation
which should be made at this point [for public health reasons]. We’ve
discussed with the various different countries in the region, with our
regional office and through our regional office, and we find that in those
countries there are already much more strict recommendations than this is.
For example, in Thailand, the government has announced that all [Thai
nationals] returning from Hong Kong will be quarantined. So we understand
that there are very serious measures already being taken in many
countries. So we made this decision with countries, with WHO and, more
importantly, with our expert group of advisers on travel and health.
We’ve spoken with many of our advisers, you know we have various
advisers around the world, we have talked with them as well. And through
all of these discussions, which went on all day yesterday and the day
before, we’ve come to this conclusion.
Q. So officially, Guangdong, Hong Kong and perhaps even
Beijing – interjection from Dr Heymann: Beijing has no …, we have made
no recommendation for Beijing.
Q. (continued) I’m talking about the Chinese government,
the Guangdong local officials.
A. Dr David Heymann: Yes, they’ve been informed by our
WHO office yesterday that we will be making this, as has Hong Kong.
Q. Historically, can you explain us when was the last time
WHO issued such a thing? And on what occasion? And why?
A. Dr David Heymann: I can’t give you that answer right
now, if WHO has ever done that, but we will find that out and we’ll let
you know. I can’t tell you in the last …, as far as I know, this is
the only time that this has ever been done, but I can’t tell you for
sure, so I shouldn’t be quoted on that.
Q. In recent years?
A. Dr David Heymann: In recent years, this is the first
time that this has been done, at least in the past 12-13 years.
Q. But can we get, I’m sorry, can we get later on today
some information on this?
A. Yes.
Q. For those people who have to be in Hong Kong in the
next few days, so what would you recommend?
A. Dr David Heymann: Our recommendation is that if it’s
possible to postpone, they should consider it. But we don’t make any
rules or regulations, that’s up to countries to make. So we are saying
that there is still unknown information in Hong Kong, that tourists and
businessmen appear to still be getting infected, the most recent on 25th
March. And so we are therefore recommending that travel be postponed if
it’s possible. If it’s not possible for business reasons, then that
will have to go into consideration. But it’s a personal decision.
Q. For foreigners who are already in Hong Kong travelling,
do you have any recommendation?
A. Dr David Heymann: No.
Q. How do you react to the Swiss government decision that
Asian people cannot participate in the Basle Watch Fair?
A. Dr David Heymann: Those governments …, those
decisions are made nationally. All we do is give out recommendations to
governments. So I can’t comment on the decision of the Swiss government.
You’ll have to ask the Swiss authorities why they’ve made that
decision.
Q. Do you find it efficient, or wise or too much?
A. Dr David Heymann: I think that’s up to the government
to say.
Closing comments? OK. Thank you.
Wyndham
defaults on hotel leases, lessor says
(Reuters)
- Hotel operator Wyndham International Inc. failed to pay at least $3.6
million of rent due April 1 on 27 hotels it leases, and as a result is in
default, the lessor, Hospitality Properties Trust said on Wednesday.
Wyndham,
based in Dallas, did not immediately return calls seeking comment.
Hospitality,
a Newton, Massachusetts-based real estate investment trust that owns 251
hotels, said it leases the 27 affected hotels under two combination
leases.
One
lease covers 15 Summerfield by Wyndham hotels and calls for a minimum
monthly rent of $2.1 million, and another covers 12 Wyndham hotels with a
$1.5 million minimum monthly rent, it said.
Hospitality
said it sent a default notice to Wyndham on Wednesday, stating that
Hospitality will retain $33.3 million of lease security deposits against
damages it may incur under the leases.
Hospitality
said the lessee under each lease is a so-called "bankruptcy
remote" unit of Wyndham. This, it said, gives Hospitality the right
to rebrand the affected hotels because their franchise and management
contracts are subordinate to Wyndham's lease obligations.
The
Hongkong and Shanghai Hotels, Limited Posts Profit
of
HK$308 million as Compared to HK$33 million
in
2001; Peninsula Hong Kong and The Peninsula
Bangkok
Contributed Strongly
The Hongkong and Shanghai Hotels,
Limited Annual Results for the Year Ended 31 December, 2002
FINANCIAL HIGHLIGHTS
- Revenue from hotel operations
up 14% to HK$1,941 million
- Group operating profit of
HK$637 million, an increase of 9% over 2001
- Profit attributable to
shareholders increased to HK$308 million, compared to HK$33 million in
the same period in 2001
- Shareholders' funds at
December 31, 2002 decreased by 2% and stood at HK$11.7 billion or
HK$10.03 per share
- Earnings per share increased
to 26 cents
- Net borrowings decreased by
HK$45 million to HK$5.6 billion
- Proposed final dividend
increased to 8 cents per share
Costs controlled, although the
figures reflect a full year of operation in Chicago
IMPROVED
HOTELS PERFORMANCE BOOSTS HSH OPERATING RESULTS
The Hongkong and Shanghai Hotels,
Limited (HSH) achieved a group operating profit of HK$637 million for the
year ended December 31, 2002 on better financial results from the hotels.
After taking into account the
adjustments for various non-operating items, profit attributable to
shareholders for 2002 amounted to HK$308 million as compared to HK$33
million in 2001. Shareholders' funds stood at HK$11.7 billion or HK$10.03
per share, after incorporating the year-end asset revaluations, a decrease
of 2% as compared to 2001.
No interim dividend was paid during
the year 2002 (2001: nil). Although the Company has achieved a
satisfactory increase in both operating profit and profit attributable to
shareholders for 2002, the directors consider it prudent to retain a
significant portion of the earnings within the Company, in the light of
the group's ongoing capital expenditure requirements as well as the
uncertainties arising from the possibility of further conflict in the
Middle East. The directors therefore recommend to shareholders that a
final dividend of 8 cents per share (5 cents in 2001) be declared out of
the earnings of 26 cents per share.
Clement Kwok, HSH's chief executive
officer, commented, "In 2002, progress has been made in a number of
different areas amidst the continuing difficult environment which our
businesses face.
"The group's hotels in Asia
performed strongly in 2002 with all hotels other than The Peninsula Manila
achieving increases in both turnover and operating profits. In the USA,
the operating results were somewhat mixed. The Peninsula Chicago, in its
first full year of business, received numerous accolades for the quality
of its operation but is still in the process of establishing increased
corporate business in a competitive market. The Peninsulas in New York and
Beverly Hills both achieved similar RevPAR levels to 2001 whilst retaining
their strong reputations for quality."
The flagship Peninsula Hong Kong
and The Peninsula Bangkok, which has firmly established itself as one of
the leading hotels in that market, both contributed strongly to the
increase in operating profits. The shopping arcades in The Peninsula Hong
Kong and The Palace Hotel Beijing, which house many of the top retail
brand names, continue to perform well.
With the bulk of the group's
properties concentrated in Hong Kong, which has continued to suffer from
poor economic sentiment, the property business faces a challenging
environment. The largest property asset, comprising around 1 million
square feet of luxury residential apartments, is at Repulse Bay where
declining expatriate trends in Hong Kong have had a significant, adverse
effect on both occupancy levels and rentals.
The office rental market in Hong
Kong also continues to suffer, as evidenced by the performance of St
John's Building. On the other hand, business has held up well at The Peak
Tower and the Peak Tramways, The Landmark in Ho Chi Minh City and the Thai
Country Club.
The Company signed an agreement
with Mitsubishi Estate Company Limited to develop The Peninsula Tokyo on a
prime site in the prestigious Marunouchi business area of the city, for
opening in 2007.
With the completion of the
restructuring of The Palace Hotel, which has given HSH a controlling
interest, the Company has embarked on a further phase of its renovation
programme that is expected to bring the standards of the hotel in line
with other Peninsula products.
Work has recently begun on a
renovation programme for Quail Lodge, which, upon completion, is expected
to enhance its status as a premier golfing and resort destination in the
upmarket Carmel area in California.
Besides these major investments,
the Company has continued to place emphasis on maintaining and enhancing
the quality and value of existing assets. Guestroom and public area
refurbishments continue to take place at a number of the group¡¦s
hotels; a new restaurant concept was created in The Peninsula New York and
a new Thai restaurant and improved riverside dining are being developed at
The Peninsula Bangkok.
On the property side,
refurbishments of certain apartments and the clubhouse are taking place at
The Repulse Bay. Studies are under way to examine the potential for the
possible redevelopment, reconfiguration or re-theming of certain
properties where the Company believes these might add value.
"As well as continuing to seek
improvements to our operating results through revenue enhancement and cost
efficiency initiatives, we are actively seeking opportunities to create
additional value for our shareholders," said Mr Kwok.
"As we continue to look
towards an uncertain future, it is reassuring to reflect on the recent
launch of the celebrations for the 75th anniversary of The Peninsula Hong
Kong. This serves as a strong reminder of how the unending pursuit of
quality and integrity will overcome short-term uncertainties and result in
the creation of substantial long-term value."
Incorporated in 1866, The Hongkong
and Shanghai Hotels, Limited, formerly The Hongkong Hotel Company,
Limited, was one of the first stocks to be listed on the Hong Kong stock
exchange. Its principal business comprises the ownership and management of
prestigious hotel, commercial and residential properties in key
destinations in Asia and the USA; its hotel management arm is The
Peninsula Group.
Key Statistics for the Year Ended
31 December, 2002
|
HOTELS
|
|
|
Attributable
Interest %
|
Occupancy
|
|
|
|
2002
|
2001
|
|
The
Peninsula Hong Kong
|
100
|
62%
|
56%
|
|
The
Peninsula New York
|
100
|
65%
|
66%
|
|
The
Peninsula Chicago
|
92.5
|
51%
|
30%*
|
|
The
Peninsula Beverly Hills
|
20
|
78%
|
78%
|
|
The
Peninsula Bangkok
|
75
|
73%
|
73%
|
|
The
Palace Hotel Beijing
|
42.1
|
63%
|
63%
|
|
The
Peninsula Manila
|
40
|
59%
|
48%
|
|
The
Kowloon Hotel
|
100
|
92%
|
90%
|
|
Quail
Lodge Resort
|
100
|
54%
|
58%
|
|
|
Average
Room Rate
|
|
|
2002
|
2001
|
|
The
Peninsula Hong Kong
|
HK$
2,670
|
HK$
2,794
|
|
The
Peninsula New York
|
US$
507
|
US$
492
|
|
The
Peninsula Chicago
|
US$
300
|
US$
304
|
|
The
Peninsula Beverly Hills
|
US$
400
|
US$
408
|
|
The
Peninsula Bangkok
|
US$
127
|
US$
113
|
|
The
Palace Hotel Beijing
|
US$
88
|
US$
86
|
|
The
Peninsula Manila
|
US$
79
|
US$
99
|
|
The
Kowloon Hotel
|
HK$
525
|
HK$
527
|
|
Quail
Lodge Resort
|
US$
240
|
US$
251
|
- Based
on available room inventory and seven months occupancy by December
2001
|
PROPERTIES
|
|
|
Attributable
Interest %
|
Occupancy
|
|
|
|
2002
|
2001
|
|
Residential
|
|
|
|
|
The
Repulse Bay (Unfurnished)
|
100
|
79%
|
93%
|
|
The
Repulse Bay (Serviced)
|
100
|
67%
|
65%
|
|
The
Landmark
|
93%
|
87%
|
83%
|
|
Commercial
|
|
|
|
|
The
Peninsula Hong Kong
|
100
|
96%
|
100%
|
|
The
Peninsula New York
|
100
|
100%
|
100%
|
|
The
Kowloon Hotel
|
100
|
93%
|
91%
|
|
The
Repulse Bay
|
100
|
98%
|
95%
|
|
The
Peak Tower
|
100
|
97%
|
99%
|
|
Office
|
|
|
|
|
The
Peninsula Hong Kong
|
100
|
96%
|
95%
|
|
St.
John's Building
|
100
|
83%
|
97%
|
|
The
Landmark
|
70
|
100%
|
98%
|
|
|
Average
Yield (pnsf)
|
|
|
2002
|
2001
|
|
Residential
|
|
|
|
The
Repulse Bay (Unfurnished)
|
HK$
29
|
HK$
34
|
|
The
Repulse Bay (Serviced)
|
HK$
24
|
HK$
23
|
|
The
Landmark
|
US$
1.89
|
US$
1.84
|
|
Commercial
|
|
|
|
The
Peninsula Hong Kong
|
HK$
252
|
HK$
224
|
|
The
Peninsula New York
|
US$
52
|
US$
46
|
|
The
Kowloon Hotel
|
HK$
46
|
HK$
44
|
|
The
Repulse Bay
|
HK$
51
|
HK$
52
|
|
The
Peak Tower
|
HK$
38
|
HK$
37
|
|
Office
|
|
|
|
The
Peninsula Hong Kong
|
HK$
31
|
HK$
33
|
|
St.
John's Building
|
HK$
17
|
HK$
22
|
|
The
Landmark
|
US$
1.98
|
US$
1.99
|
New
York and nine sister cities commit to rebuilding international tourism
eTurbo.com -
During the first ever New York Sister City Summit, Commission for
the United Nations, Consular Corps and Protocol Commissioner Marjorie B
Tiven, Sister Cities Programme President Ambassador Nancy E Soderberg and
NYC & Company President & CEO Cristyne L Nicholas announced
they would jointly promote tourism between New York and its nine sister
cities. The two-day summit, entitled Rebuilding International Tourism, was
attended by Mayor Gabor Demszky of Budapest, Mayor Amos Masondo of
Johannesburg, Mayor Jose Maria Alvarez del Manzano of Madrid, Mayor
Roberto Salcedo of Santo Domingo as well as tour operators, tourism
officials and delegates representing Cairo, Jerusalem, London, Rome and
Tokyo.
The goal of the summit, organised by the New York City Commission for the
United Nations, Consular Corps and Protocal, was to help revitalise
tourism in New York, in its nine sister cities and around the world.
Summit participants discussed ways to restore confidence in the travel and
tourism industry and encourage citizens to embrace their right to travel.
Summit participants, including key tour operators and professionals in the
travel and tourism field, discussed the need for local, state and federal
support for tourism, uniform security checks and marketing partnerships
between government and tourism officials. In addition, Mayor Bloomberg and
Executive Mayor Masondo formalised the New York-Johannesburg relationship
by signing a Sister City proclamation.
"This summit affirms our commitment to working together as partners
in an effort to rebuild global tourism," said Mayor Bloomberg.
"As the world`s second home, New York remains the safest large city
in the USA. With your co-operation and friendship we will continue to send
that message to the globe and we are pleased to welcome your delegates,
our Sister Cities, to New York with open arms.
"The tourism summit underscores the crucial role of the industry in
promoting economic development," said Sister Cities Program President
Ambassador Nancy E. Soderberg. "We are delighted to have such vibrant
partners in this effort."
New York City tourism is responsible for US$25 billion in economic
activity, supported nearly 300,000 jobs and generated US$3 billion in
city, state and federal taxes. International visitors account for 18 per
cent of all city visitors, yet are responsible for 42 per cent of tourism
spending. Although New York City specific figures are not yet available
(for 2001, believe it or not), 2001 nationwide international visitor
numbers reflect an overall 9.4 per cent decline from 50.9 million
international visitors to the USA in 2000 to 45.5 million in 2001. As the
nation`s number one international visitor destination, New York City lost
a significant number of international visitors and their corresponding
spending in 2001.
"Although tourism remains a vital component of New York`s economy,
the industry in general and especially the lucrative international segment
continues to struggle," said NYC & Company President & CEO
Cristyne L Nicholas. "The return of international visitors is crucial
to the complete recovery of New York`s tourism industry and we are excited
about this opportunity to invite residents of our nine Sister Cities to
come and enjoy everything the City has to offer at this important
time."
The Asian American Hotel Owners Association
Annual
Convention & Trade
Show Set for April 24-26 in
Long Beach, California
The
Asian American Hotel Owners Association (AAHOA) Annual Convention &
Trade Show, taking place April 24-26 in Long Beach, Calif., promises to be
one of the industry’s premier events. Keynote speaker Earvin
“Magic” Johnson kicks-off the three-day event, which features
political forces such as consultant James Carville, who led Former
President Bill Clinton to victory in 1992; industry leaders like Jonathan
Tisch, chairman and CEO of Loews Hotels and chairman of Travel Business
Roundtable (TBR); and Bollywood stars including Preity Zinta, who was
named best newcomer at the 1998 Filmfare Awards.
“The
AAHOA board of directors and staff have been working hard all year to
secure an impressive line-up of featured and keynote speakers,” said
Hitesh Bhakta, vice chairman, AAHOA, and chair of the Annual Convention
Planning Committee. “Our members deserve the best of the best, and
that is just what we plan to deliver.”
In addition to presentations by Johnson, Carville, Tisch and Zinta, the
two-hour morning general sessions will include guest speakers, AAHOA
officers’ reports, dance presentations and panel discussions.
The
annual Industry Issues Panel is one of the most anticipated general
session segments for AAHOA members and the industry in general.
After taking last year off, panel moderator Anthony Marshall, president of
the Educational Institute, American Hotel & Lodging Association
(AH&LA), returns in 2003. Panelists include: Thomas R. Higgins,
president and CEO, Best Western International, Inc.; Tom L. Keltner,
executive vice president and president, Brand Performance and Franchise
Development Group, Hilton Hotels Corp.; Charles A. Ledsinger, Jr.,
president and CEO, Choice Hotels International; Michael Leven, chairman
and CEO, US Franchise Systems; and Steven A. Rudnitsky, chairman and CEO,
Hotel Group, Cendant Corp.
“The
Industry Issues Panel is traditionally one of the more passionate segments
of the general session,” said Mike Amin, chairman, AAHOA. “A few
fireworks are inevitable when you put a group of savvy hoteliers in a room
with top franchising executives, yet that is what makes it so honest and
therefore so important.”
After
the “fireworks” of the general sessions, each afternoon features a
specialized breakout session — one for women hoteliers on April 24, one
for independent hoteliers on April 25 and one for future hoteliers on
April 26 —as well as several concurrent educational seminars.
“The
afternoon breakout sessions are typically big draws for both people in the
category group and people just wanting to gain insight into the issues of
that group,” said Fred Schwartz, president, AAHOA. “Last year
the women’ s breakout session was standing room only.”
Themed
“Journeying Through Success and Significance,” this year’s women’s
breakout features Zinta along with Lata Krishnan, president of American
India Foundation; Mary Mahoney, president of Howard Johnson International,
Inc. from 1998 until March 2003; and moderator Krish Dhanam, director of
International Operations, Ziglar Training Systems. They will discuss
how to harmonize personal and professional lives among other topics.
“We
have also planned several concurrent educational seminars for those who
may not want to attend the breakout sessions designed for women,
independent, and future hoteliers,” continued Schwartz.
“Education has always been a cornerstone of AAHOA, and we work hard to
ensure that all of our members’ interests are met.”
This year’s session topics include: owner strategies for saving one’s
hotel in troubled times; insurance guidelines; negotiating successful
franchise agreements; using technology; sales and marketing; and
maximizing staff performance.
At the end of the morning programming on April 24 and 25, AAHOA will host
a trade show featuring more than 350 vendors. Top representatives of
AAHOA’s founding sponsors will also be on hand.
The
evenings of April 24 and 26 will feature star entertainment straight from
Bollywood. On April 24, Nousheen (TV’s Kusum) will present her
fashion collection, followed by comedians Narinder Singh Bedi and Devang
Patel along with his dancers. Kusum returns for the closing night
gala on April 26 when she will perform with fellow “Superstars of a New
Generation” Sunidhi Chauhan and Shaan.
“The
AAHOA office has been flooded with members and vendors registering for
annual convention,” concluded Bhakta. “We already have the
highest number of pre-registered attendees ever for annual convention.
This should be a record-breaking year.”
About
the Asian American Hotel Owners Association
The fastest-growing organization in the United States hospitality
industry, the Asian American Hotel Owners Association (AAHOA) was founded
in 1989. AAHOA has a membership base of more than 6,000 members who
together own more than 35 percent (18,000) of the hotel properties in the
United States. The association provides year-round programs focusing
on education, advocacy and assistance. For more information, please
call 404-816-5759 or visit www.aahoa.com
Singapore
February 2003 Visitor Arrivals
ASIA
Travel Tips .com -
Singapore visitor arrivals in February 2003 grew 2.3% to a
total of 612,897 visitors. The 12 largest visitor-generating markets were:
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Total Arrivals: 612,897 (+2.3%)
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1. Indonesia 100,315 (+11.3%)
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2. P R China 89,679 (+9.8%)
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3. Japan 50,434 (+1.7%)
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4. UK 43,983 (-1.9%)
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5. Malaysia 40,232 (-7.8%)
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6. South Korea 32,689 (+6.2%)
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7. Australia 31,246 (-10.3%)
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8. USA 24,793 (-11.2%)
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9. Hong Kong 24,546 (-8.3%)
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10. India 23,730 (+10.5%)
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11. Thailand 19,548 (+11.2%)
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12. Taiwan 17,922 (-16.5%)
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Indonesia continued its 6th consecutive month of positive
growth by posting an 11.3% increase in arrivals. Holiday and
business-related arrivals registered double-digit growths of 23.7% and
15.2% respectively.
Strong promotion of Chinese New Year tour packages by STB
contributed to China's continued growth of 9.8%. This is evident in the
increase in holiday (+15.8%) and group-packaged (+14.4%) traffic. First
time visitors from China increased 15.3%.
Visitor arrivals from Japan grew 1.7% in February, achieving
its 6th consecutive month of positive growth due to reduction of airfare
by major airlines. Holiday and group-packaged traffic showed growth of
3.6% and 9.9% respectively.
Arrivals from South Korea grew 6.2% after three months of
decline, attributable to the promotion of the Celebration Singapore
package. Holiday arrivals and visitors on group-packaged tours increased
by 7.9% and 12.6% respectively.
Continued travel advisory warning against travel to
Southeast Asian countries caused arrivals from Australia to decline by
10.3%. This is evident by the fall in holiday arrivals by 14.7% in
February. Business-related arrivals declined 9.1%.
USA visitor arrivals declined 11.2%, due to the drop in
holiday traffic (-3.2%) and business-related traffic (-13.3%).
Visitor arrivals from India grew 10.5%, largely contributed
by the increase in holiday traffic (+14.8%) and business-related arrivals
(+6.8%).
Weak economic outlook continued to dampen visitor arrivals
from Hong Kong (-8.3%). Holiday traffic fell 12.0%.
Aggressive promotion of the "Hong Bao Giveaway"
boosted visitor arrivals from Thailand by 11.2%. Holiday arrivals
increased 12.7% while business-related arrivals increased 16.4%. The
latter was mainly accrued to the strong attendance at the Asia Pacific
Life Insurance Congress (2800 persons).
Overall, holiday arrivals grew by 4.8%. Growth was
registered mainly from Indonesia (+23.7%), China (+15.8%), India (+14.8%),
and Thailand (+12.7%). On the other hand, holiday arrivals from Australia,
Taiwan and Hong Kong declined by 14.7%, 13.9%, and 12.0% respectively.
Business-related1 traffic registered a positive growth of
4.1% in arrivals, largely contributed by the strong performances from
Thailand (+16.4%), Hong Kong (+15.5%), Indonesia (+15.0%), and South Korea
(+12.7%). Decreases were recorded from USA (-13.3%), UK (-11.7%) and
Australia (-9.1%).
Singapore Visitor Arrivals in January - February 2003
Visitor arrivals in January - February increased 4.9% over
the same period in 2002, to a total of 1,254,195 visitors.
The 12 largest visitor-generating markets were:
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Total Arrivals: 1,254,195 (+4.9%)
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1. Indonesia 228,646 (+17.2%)
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2. P R China 152,120 (+15.3%)
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3. Japan 103,539 (+6.7%)
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4. UK 92,001 (+2.7%)
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5. Malaysia 81,250 (-3.1%)
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6. Australia 77,690 (-5.7%)
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7. South Korea 67,648 (-2.5%)
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8 USA 54,239 (-4.6%)
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9. India 51,039 (+10.2%)
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10. Hong Kong 41,869 (-3.5%)
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11. Thailand 39,119 (+8.0%)
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12. Taiwan 33,731 (-16.6%)
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Singapore Hotel Sector Performance in February 2003
- Maximum room-nights: 853,216 (-0.5%); Available
room-nights: 784,731 (-2.6%)
- Gross lettings: 589,494 (-0.8%); Paid lettings: 579,808
(-0.9%)
- Standard AOR: 75.1% (up 1.3 percentage points over
February 2002)
- Standard ARR: $121.9 (-9.1%)
- Revenue per available room (Revpar): $91.6 (-7.4%)
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AOR = Average Occupancy Rate
ARR = Average Room Rate
Revpar = AOR X ARR
Note: Figures for the Hotel Sector Performance are updated
as at 21st February 2003
EIBTM
2003: Meetings makes peace
TravelDailyNews.com - As businesses and organisations face the current
climate, EIBTM 2003 (20-22 May, Palexpo, Geneva) is to put the spotlight
on the meetings and incentive industry`s role in fostering worldwide
peace and eradicating poverty. The `Meetings Makes Peace` debate,
featuring industry leaders and chaired by Louis D`Amore, President and
founder of the International Institute of Peace Through Tourism (IIPT)
will take place at the EIBTM stage on Thursday 22 May at 11.00 am.
The
debate follows a four-day Global Summit on Peace Through Tourism, under
the patronage of HM Queen Rania Al-Abdullah of Jordan and with keynote
speaker Roger Moore, spokesperson for UNICEF, which took place in Geneva
in February, organised in partnership with the World Travel & Tourism
Council (WTTC). "My hope is that our audience will be inspired by
our discussions on the stage and that they will benefit from a greater
appreciation of this important dimension of international meetings and
conferences", said Mr. D`Amore. "The aim is that everyone
will have further understanding of this opportunity for the industry and
will leave with at least one idea as to what they might implement in
planning future meetings and events." Taking part in the debate
are Didier Scaillet, Director of European Operations, MPI; Terrance Barkan,
Managing Director, Association Global Services; Tim Chudley, European
Chairman, Association of Conference Centres and Corbin Ball, Owner and
Chief Executive Officer of US-based Corbin Ball Associates.
Mr.
D`Amore added: "The panelists will be introducing some powerful
insights, perhaps with examples, as to lifelong friendships, mutual
understanding and cross-cultural appreciation that result from people of
goodwill coming together for international meetings and events."
EIBTM`s Exhibition Director Debbie Jackson said that the debate came at a
particularly pertinent time for the industry and recognized the role that
Geneva played in the latest global peace summit. She said: "We are
delighted to be able to bring to the industry a fresh new dimension on the
work of meetings and incentives throughout the world. This is a subject
which must touch everybody`s hearts."
Canada`s
tourism industry records modest growth in 2002
TravelDailyNews.com - The total number of tourists travelling to Canada
increased for the sixth straight month in December 2002, according
to the Canadian Tourism Commission, fuelled primarily by positive numbers
from the USA, Asia and primary markets in Europe. Results published by
Statistics Canada indicate that the total seasonally unadjusted
international overnight travel to Canada increased by 4.7 per cent in
December 2002, compared with December 2001. The year 2002 ended on a
positive note with total numbers up 1.8 per cent over the same period in
2001.
The total number of US tourists going to Canada was up 3.8 per cent in
December 2002. In addition, the positive trend in the numbers of US
tourists entering Canada by private car continued in December 2002, and
was up 7.3 per cent for the year. In December 2002, overseas overnight
travel to Canada was up 7.8 per cent. For the year, however, the number of
overseas overnight travellers was down by 5.3 per cent. The countries
registering the most important positive growth for Canada during the month
of December 2002 were Italy (37.5 per cent), Mexico (28.3 per cent),
Australia (22.5 per cent), Japan (16.6 per cent), the Netherlands (7.4 per
cent), France (4.6 per cent) and the UK (2.0 per cent).
The number of Canadian tourists travelling to the USA or overseas was up
15.1 per cent at 1.2 million in
Le
Méridien throws weight behind destination marketing at Arabian Travel
Market
Region’s major hospitality group to work hand-in-hand
with tourism offices
Acting swiftly to counteract the downturn in
global travel, Le Méridien
in
the Middle East and West Asia is focusing promotional budgets on a
destination marketing strategy in full support of the on-going efforts of
commerce and tourism boards in its host destinations, says Russel Sharpe,
the luxury hotel group’s regional vice president sales.
(Dubai, April 2 2003):
As the countdown begins for the start of the region’s leading
travel and tourism exhibition, Arabian Travel Market – ATM (May 6-9
2003, Dubai), luxury hotel group, Le Méridien Hotels & Resorts, has
pledged a multi-prong support strategy of the show by confirming a solid
presence with at least eight destination pavilions.
(At time of going to press) Eleven Le Méridien
hotels have pledged alliance with the governments of Cyprus, Dubai,
Fujairah, India, Jordan, Mauritius, Seychelles and Thailand at a time when
world travel has come under the hammer. This is particularly prevalent in
the resort and city hotels represented in the destinations under Le Méridien’s
ATM spotlight.
Russel Sharpe, regional vice president, sales for Le Méridien
in the Middle East and West Asia confirmed the move, saying he
believes that destination marketing should be the backbone of any campaign
managed by the hospitality industry at this time. He said he has urged his
teams to show full support to the efforts of tourism offices and officials
at ATM.
“Le Méridien’s brand name is firmly
cemented in the region where we operate more than 22 hotels and have been
present for more than 15 years. This presence has been endorsed by our
annual role at ATM – this is our tenth year.
“However, reality is that the industry has been hit by
the current climate. Business is down and we need to be nimble and
creative in the implementation of innovative business and leisure
marketing strategies remembering that the image management of Arabia, and
other Le Méridien
world destinations, is crucial.
“To this end, we feel that our presence at this
established exhibition is best felt this year alongside our governments.
We have pledged our marketing funds in this direction, either by
representation with tourism offices on their destination stands, or by
other tactical means.”
Sharpe confirmed that one such move is the hosting of a
networking evening for the visiting buyers : “Every year, ATM works hard
to ensure that buyers from international, regional and local markets
attend ATM and for the tenth year running, we will acknowledged
appreciation of this effort by extending true Arabian Hospitality at an
evening gathering for the trade and media.”
The Royal Party will be co-hosted by the group’s
flagship beach property, Le Royal Méridien Beach Resort & Spa. More
than 350 trade and media visitors are expected to attend.
Also, Le Méridien has
acted swiftly on promotions but launching Le Méridien Free
Nights at its seven properties in the United Arab Emirates and others in
the region. (www.lemeridien.com)
Thailand:
Quarantine won't curb tourism promotion
Bangkok Post
- The Tourism and
Sports Ministry says Thailand will not curtail its tourism promotion
campaigns in countries affected by Sars despite the quarantine measures
announced by the Public Health Ministry on Tuesday.
Tourism and Sports Minister Sonthaya Khunpluem said yesterday that the
nation's tourism campaign and budget to promote the industry would largely
remain as originally planned but that marketing strategies would be
revised as necessary.
Mr Sonthaya said that the tourism campaign had to be continuously promoted
because it was part of a long-term agenda and that this was not
contradictory to the recent steps taken by Public Health Minister Sudarat
Keyuraphan.
He added that he would meet with Mrs Sudarat today to discuss tighter
co-operation in order to provide a unified message to the public.
Under new measures set by the Public Health Ministry, all travellers
returning from Hong Kong, China, Vietnam, Singapore and Taiwan must stay
at home for 14 days or face legal action and visitors from those countries
must wear surgical masks.
Mr Sonthaya also said that the budget to promote the industry for the
Tourism Authority of Thailand would remain as set. However, he added that
the promotional plan would be revised to place more emphasis on regions
less affected by the US-Iraq war and the deadly atypical pneumonia such as
eastern European countries, Scandinavia, Japan as well as India.
With continuous promotions, Mr Sonthaya said he was confident that tourist
arrivals into Thailand from April to July would be on par with last year's
level of 2.4 million visitors.
In the first two months of this year, tourist arrivals increased 7.8 %
compared with the same period last year.
But figures for March showed that tourist arrivals dropped by 12% to
600,000 at Don Muang International Airport.
Bahamas`
tourism reaches all-time high
The
islands of the Bahamas welcomed 4.4 million visitors in 2002, establishing
a new all-time record for the islands-nation off the coast of
Florida. In spite of downturns in the American and world economies, the
Bahamas continues to post year-on-year increases in visitor arrivals to
the islands. While last year`s count represents a smaller increase than in
the past two years, the combined total of air and sea arrivals mark a 4.5
per cent growth over 2001.
These encouraging numbers are in part attributable to the growing
popularity of cruise travel, according to the islands` minister of
tourism, Vincent Vanderpool. More than 70 per cent of all visitors
originate in the USA - the Bahamas can be reached in less than three hours
from New York, or 45 minutes from Florida`s East Coast
China's
tourism industry reeling from impact of killer pneumonia
AFP
- Tourism has
emerged as one of the first casualties of China's battle with a killer
pneumonia, as travel agencies and hotels report massive cancelations of
planned trips.
In
some cities, tourism executives said the number of tourist groups had
dropped to as low as 20 percent of the normal volume because of atypical
pneumonia, which has hit China harder than any other country.
"There
has been a very big effect on the business," said a Beijing-based
official with China International Travel Service, the nation's largest
travel agency.
"Up
to 80 percent of all tourist groups have either canceled or postponed
their trips," said the official, who gave his surname as Chen.
In
southern China, an official at Guangdong China Travel Service said the
impact of the virus had been almost as dramatic as in Beijing.
"At
least over half of the tour groups in Guangzhou are delayed or
canceled," she said.
China
Youth Travel Service said about 90 percent of planned tour groups from
South Korea had been called off or delayed, while the same was the case
for about half of expected arrivals from the United States.
The
Chinese government on Wednesday admitted nine new deaths caused by Severe
Acute Respiratory Syndrome (SARS), bringing the reported nationwide death
toll to 43.
Health
authorities in the United States, France and Australia have all advised
against non-essential travel to China in recent days.
On
Wednesday, the World Health Organization also urged tourists and business
people not to travel south China's Guangdong province because of the
ongoing outbreak of SARS.
Su
Wujiang, an ethnic Chinese woman from Indonesia, was not taking any
chances Wednesday during a five-hour transit at Baiyun Airport in the
southern city of Guangzhou.
"I'm
not going to eat or drink anything while I'm here," she said.
"And I'm not leaving the airport."
The
implications for China's tourism industry -- so far groomed to become an
engine of economic growth in the years and decades ahead -- could be
devastating.
The
China National Tourism Administration said earlier this year it expected
14 million foreign visitors in 2003, bringing in 22 billion dollars in
foreign exchange.
China's
economy could wind up suffering even more if local tourists, who spent 53
billion dollars last year, were also to shy away from travel inside the
country.
What
is particularly worrying to the local tourism industry is the fact that
the discovery of SARS' global reach has coincided with the war in Iraq,
which in itself has caused drastic drops in tourism activity.
The
World Travel and Tourism Council said Monday China could risk losing
493,700 jobs in the tourism industry if the war in the Middle East does
not end quickly.
Anecdotal
evidence suggests China's hotel industry has been particularly vulnerable
to the global scare over atypical pneumonia.
In
Guangzhou, near what is now believed to be the epicenter of the virus,
hotel bookings are down markedly from normal times, local industry
insiders said.
"It's
only the beginning, and it's hard to calculate how big the impact will
eventually be," said a staff member at Dongfang Hotel, one of the
city's biggest.
The
World Tourist Organization has said repeatedly it expects China to attract
more tourists than any other country by 2020, shooting past Spain and the
United States and usurping current leader France.
China
is still on track to reach that goal, at least if SARS turns out to be a
short-term phenomenon, claiming a limited number of lives, according to
observers.
"The
only uncertainty is how long it will take, one or two months," said
Benny Chiu, a Hong Kong-based research manager at HSBC China Services.
"The shorter the better."
Six
Continents earns banks £15m
The Independent
- Bankers
to Six Continents, the pubs and hotels operator, are to pocket fees of £15m
for helping the company defend a hostile approach from entrepreneur Hugh
Osmond.
Joint financial advisers Merrill Lynch and Schroder Salomon
Smith Barney will split £10m between them, while broker Cazenove will
also receive up to £5m, sources said yesterday.
Hugh Osmond, now relaxing on a skiing holiday after his
unsuccessful play for the company, said of the sums: "I'm very
flattered, but not as flattered as I would have been if our bid was
successful." He added that, "in the context of the size and
nature of the bid", valued by the Osmond camp at £5.6 billion, the
advisory fees were unsurprising.
Six Continents shareholders last month overwhelmingly
approved their company's demerger plans despite Mr Osmond's pleas that
they postpone a vote on the issue.
The pubs and hotels group was forced to invest significant
time and resources bolstering support before that meeting, with
shareholders expressing frustration at the company's performance and the
competence of management.
Six Continents declined to comment yesterday on the cost of
its defence. The company has previously revealed a £110m bill for the
demerger process, including £51m in advisory fees.
Meanwhile, interest remains high in Mitchells & Butlers,
the company's pubs division, and InterContinental Hotels Group, the hotel
arm. Six Continents last week confirmed it rejected a £2.8 billion
approach for Mitchells & Butler from BC Partners but the private
equity group has indicated it remains interested.
The Laurel Pub Company, headed by former Bass executive Ian
Payne, has engaged N M Rothschild to advise it and is believed to be
considering an offer before trading in Mitchells & Butler shares
begins on April 15.
Rival pubs company Spirit Group is also thought to be looking
closely at the business. A Spirit spokesman said yesterday the board was
in a two-day meeting and unavailable for comment.
Parties said to be interested in the hotels
business include US chain Marriott and venture capitalist Texas Pacific
Group.
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