Fearless Forecast Do not let a good crisis go to waste
|
|
- Harriet Lester
- 6 years ago
- Views:
Transcription
1 Fearless Forecast Do not let a good crisis go to waste January 2012 Presented by: Marc Townsend Managing Director CB Richard Ellis (Vietnam) Co., Ltd.
2 HCMC 2011 Changes Taken on January 2, 2011 Times Square Saigon M&C Tower Eden A Taken on January 12, 2012 CBRE Vietnam Page 2 CBRE Vietnam Fearless Forcast 2012
3 HCMC 2011 Changes Taken on January 2, 2011 Vietcombank Tower VietinBank BIDV Tower Taken on January 12, 2012 CBRE Vietnam Page 3 CBRE Vietnam Fearless Forcast 2012
4 HCMC 2011 Changes Saigon Centre (phase 2) Taken on January 2, 2011 Ben Thanh Towers Taken on January 12, 2012 CBRE Vietnam Page 4 CBRE Vietnam Fearless Forcast 2012
5 2011 MOST Fearless Forecasts Office Tenants Multiple choices and softening rents Hospitality Ritz Carlton, St. Regis, Mandarin Oriental, Shangri-La and Four Seasons to enter market within the next 5 years Retail Refurbished retail areas appear (Saigon Square #3) Shipyards moving towards development Growth of mini-malls due to lack of land (< 3,000 sm) Larger retail areas coming up outside of traditional areas District 5 (Tan Da Shopping Center), and Binh Duong (Becamex New City) CBRE Vietnam Page 5 CBRE Vietnam Fearless Forcast 2012
6 2011 MOST Fearless Forecasts Investors Property investment remains dangerous for your health Change in asset class as gold dips and people moved in other directions Developers Marketing spend TRIPLES as developers search for new ways to sell / lease their units Increased use of technology in property building management systems, CRM systems Local companies seek capital through IPO s and more sophisticated financial structures Some residential developers will convert units for sale to units for lease due to unsold units in completed buildings, or instituting rental pools (guarantees) Demand for data centres grows due to the continuing movement online, as our businesses become more immediate with wi-fi, smart phones and ipads. Developers prepared to deliver with the requirements needed to support these trends will profit. CBRE Vietnam Page 6 CBRE Vietnam Fearless Forcast 2012
7 2011 Vietnam Economic Overview GDP Growth Rate (y-o-y) Lending Rate 12% Inflation (Average, y-o-y) e 2012 f 6.2% 5.3% 6.8% % Down from 21% in Q3 16%-17.0% (Late 2010) 22.9% 6.9% 1 9.2% (Dec 10: 11.8%) 22% - 25% 2 N/A 18.58% % 3 Exports US$62.7 bil US$57.1 bil US$71.6 bil US$96.3 bil US$ Imports US$80.7 bil US$69.9 bil US$84.0 bil US$105.8 bil US$ Gold Price (per Tael) VND17.8 mil (Dec. 31, 2008, up 7.2% y-o-y) VND26.7 mil (Dec. 31, 2009, up 50% y-o-y) VND36.1 mil (Dec. 31, 2010, up 35.2% y-o-y) VND41.8mil 4 (Dec. 30,2011. up 15.8% y-o-y) N/A US$/VND (Commercial banks) 17,400 (Dec. 31, 2008) 18,497 (Dec. 31, 2009) 19,500 (Dec. 31, 2010) Devalued by 5.4% vs. Dec ,036 (Dec.31, 2011) Devalued by 7.9% vs Dec. 2010) 21,735 7 US$/VND (Unofficial market) 17,510 (Dec. 31, 2008) 19,470 (Dec. 31, 2009) 21,010 (Dec. 31, 2010) 21,275 (Dec. 31, 2011) N/A Committed FDI US$71.7 bil US$22.6 bil 1 US$18.6 bil (US$6.8 bil real estate) US$14.7 bil 1 (US$845.6 mil real estate) US$15-16 bil 6 Implemented FDI US$11.7 bil US$10 bil US$11 bil US$11 bil 1 N/A Source: Historical data by GSO, 1 GSO, 2 SBV, 3 IMF, 4 SJC, 5 World Bank, 6 Ministry of Investment, 7 Oxford Economics CBRE Vietnam Page 7 CBRE Vietnam Fearless Forcast 2012
8 2011 Regional Economic Comparison Hong Kong Thailand Singapore China Malaysia Vietnam Indonesia GDP Growth Rate 4.9% 1.6% 5.0% 9.0% 4.9% 5.9% 6.3% Consumer Price Index 5.3% 3.9% 5.0% 5.6% 3.2% 18.6% 5.4% Gold Price ( per gram in US$ equivalent) US$51.80 US$50.50 US$52.18 US$51.88 US$52.17 US$ % higher than regional average US$52.72 Trade Balance -$55.4 bn $27 bn $48.3 bn $111.9 bn $47.1 bn -$9.5 bn $38.2 bn FDI (net inflow in current US$, 2010) $68.9 bn $6.3 bn $38.6 bn $185.1 bn $9.5 bn $8.0 bn (Source: World Bank) $13.3 bn Source: Oxford Economics, Vietnamese General Statistics Office, World Bank, Goldprice.org, goldpricethai.com, pecunix.com CBRE Vietnam Page 8 CBRE Vietnam Fearless Forcast 2012
9 A look ahead to 2012 With demand from the eurozone and US expected to remain weak for some time, emerging East Asia should continue to work toward increasing intraregional trade and financial integration, and expanding links with other emerging economies. - ADB, Asia Economic Monitor, December GDP (% y-o-y) Vietnam Hong Kong Thailand Singapore China Malaysia Indonesia CPI (% y-o-y) 10% 8% 6% 4% 2% 0% -2% -4% -6% -8% 2000 Q1 Source: Oxford Economics. Note: GDP growth for Vietnam in 2012, The World Bank, IMF and ADB range between 6.1% 6.5% Q Q1 CBRE Vietnam Page 9 CBRE Vietnam Fearless Forcast Q Q Q Q1 World Western Europe Asia-Pacific United States 2007 Q Q Q Q Q Q Q1
10 2011 Economic Overview FDI Implemented FDI COMMITTED FDI, 2010 COMMITTED FDI, % 36.8% Real estate Processing Manufacturing Industry 5.8% 34.3% Real estate Processing Manufacturing Industry 1.7% Construction Construction 9.3% Hotels and restaurants 2.9% 48.5% Hotels and restaurants 27.3% Others 8.5% Others Source: Ministry of Planning & Investment CBRE Vietnam Page 10 CBRE Vietnam Fearless Forcast 2012
11 2011 Vietnam Stock Market Index At the beginning of 2011, some expected a rise. Going into 2012, some are wondering where the bottom is. VN Index drops 27.5%, real estate companies fell by approx. 45% Little support from those holding gold Jan 1-Feb 1-Mar 29-Mar 26-Apr 24-May 21-Jun 19-Jul 16-Aug 13-Sep 11-Oct 8-Nov 6-Dec 2,000 1,800 1,600 1,400 1,200 1, Trading Value (Billions VND) Trading value VNIndex Source: FPT Securities CBRE Vietnam Page 11 CBRE Vietnam Fearless Forcast 2012
12 2011 International Arrivals Millions 2011: 6 million international arrivals to Vietnam (19.1% y-o-y) and 3.5 million to HCMC (13% y-o-y) Vietnam Source: General Statistics Offices; bistrochic.net HCMC Tourism arrivals by country 2011 China 1,416,804 South Korea 536,408 Japan 481,519 US 439,872 Cambodia 423,440 Taiwan 361,051 Australia 289,762 Malaysia 233,132 France 211,444 Thailand 181,820 Others 1,438,779 CBRE Vietnam Page 12 CBRE Vietnam Fearless Forcast 2012
13 Car Sales Nguyen Van Linh the automobile hub, further growth expected; Kia New Morning VND357,000,000 (US$17,000); Entry Level Mercedes VND1,500,000,000 (US$70,000); Car Sales (unit) $ $ $ $ $ $ $.0 CAR SALES IN VIETNAM M/2011 Car Sales by Manufacturer in Vietnam 100% 90% 80% 79% 82% 70% 60% 50% 40% 34% 34% 30% 20% 10% 0% Mekong (Fiat, Ssangyong, PMC) VMC (BMW, Mazda, Kia) 7% GM Daewoo 2% VinaStar (Mitsubishi) Mercedes-Benz Vietnam Visuco (Suzuki) 22% Toyota CBRE Vietnam Page 13 CBRE Vietnam Fearless Forcast 2012
14 2011 Government Decrees New in 2011: Pricing in Dong Decree 95/2011/ND-CP states that VND must be used for quotation or advertising of goods and services, etc. Relating to Apartment Service Fees Decision No. 4520/QĐ-UBND provides that the statutory Apartment Service Fee Rates shall be applied only when the parties has not yet agreed on the Apartment Service Fee in advance Non-Agricultural Use Tax Decree No. 53/2011/ND-CP Pilot program for NALU Tax, Prior to enforcement of Decree No. 53 on January 01, 2012, The Ministry of Finance is unrolling a pilot program to collect non-agricultural land-use tax in certain local areas of Hà Nội, Cần Thơ cities and the Bắc Ninh province. The pilot stage will focus on identifying taxation areas as well as connecting and exploiting the databases of local agencies on tax and natural resources. Requirement for Environmental Impact Statement Decree No. 29/2011/ ND-CP dated April 18, 2011 is the first guidance on the assessment on environmental impact Proscribes many requirements and procedures to that are required for specific development projects CBRE Vietnam Page 14 CBRE Vietnam Fearless Forcast 2012
15 The Original Golden Sites Of the 20 Golden sites: 2 completed 2 under development 16 sites awaiting action CBRE Vietnam CBRE Vietnam CBRE Vietnam Page 15 Fearless Forcast 2012
16 Infrastructure 2011 Milestones Roadways T3 Thu Thiem Tunnel The ten year Nhieu Loc - Thi Nghe Canal Road widening project is completed On August 24, the first Bus Rapid Transport (BRT) route in the city opened from Ben Thanh Market, to Mien Tay Bus Station. Metro lines The expected cost of Metro Line 1 has almost doubled, with progress in compensation. Tramway Line No. 1 is being restructured into a Bus Rapid Transit (BRT) system at reduced cost. Air Da Nang s new airport terminal opens! Prime Minister Dung officially approved Long Thanh International Airport s master plan. The airport has an area of 5,000 hectares with investment capital of US$6.7 billion for the first phase. Vietjet Air, a new private airline, started operation. (1 Airbus, 2 on order). CBRE Vietnam CBRE Vietnam Nhieu Loc - Thi Nghe Canal Road Source: Da Nang New Terminal Source: Tuoi Tre CBRE Vietnam Page 16 Fearless Forcast 2012
17 2012 Infrastructure Roads: Construction of the four main roads in the Thu Thiem new urban area will start in July, 2012 Completion is expected East West Highway Bridge: Saigon Bridge No. 2, with four lanes, will start constructed in April, 2012, and will take 22 months to be completed. Bus system: In 2012, the city will focus on improving the bus system and services, implementing solutions to improve the backbone of the city s transportation. CBRE Vietnam Page 17 CBRE Vietnam Fearless Forcast 2012
18 According to BCI Asia All Future Projects HCMC Hanoi Da Nang Can Tho Nha Trang (Khanh Hoa) Vung Tau Hai Phong Office Retail Hospitality and SA Residential Projects Under Construction HCMC Hanoi Da Nang Can Tho Nha Trang (Khanh Hoa) Vung Tau Hai Phong Office Retail Hospitality and SA Resi Source: CBRE Vietnam CBRE Vietnam Page 18 CBRE Vietnam Fearless Forcast 2012
19 Office - Rents Grade A Rents (US$ psm) $60 $50 $40 $30 Rents 3 year 1 year 1 quarter Grade A -55.0% -8.3% -5.8% Grade B -44.0% -7.5% -1.5% Grade C -41.5% -8.5% -3.0% $ $30 Grade B Rents (US$ psm) $25 $20 $15 $ Grade C Rents (US$ psm) $30 $25 $20 $15 $ CBRE Vietnam Page 19 CBRE Vietnam Fearless Forcast 2012
20 Vacancy 3 year 1 year 1 quarter Grade A 23.4 pt pt -6.1 pt Grade B 14.4 pt 3.3 pt -0.7 pt Grade C -2.6 pt -1.9 pt -0.1 pt Office - Vacancy 40% 30% 20% 10% Grade A Vacancy 0% % Grade B Vacancy 15% 10% 5% 0% Grade C Vacancy 20% 15% 10% 5% 0% CBRE Vietnam Page 20 CBRE Vietnam Fearless Forcast 2012
21 Luxury Condominium (US$ psm) $4,500 3 Year Residential Price Movement High-end Condominium (US$ psm) $4,400 $1,950 $4,300 $1,920 $4,200 $1,890 $4,100 $1,860 $4,000 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q Secondary Asking Price (US$/sm) $1,830 $1,800 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q $6,000 Luxury Mid-end High-end Affordable $4,000 $2,000 Mid-end Condominium (US$ psm) $ Affordable Condominium (US$ psm) $1,020 $990 $960 $930 $900 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q CBRE Vietnam Page 21 CBRE Vietnam Fearless Forcast 2012 $730 $710 $690 $670 $650 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q
22 Take-up vs. Hangover 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Take-Up Rate (%) Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q Luxury High-end Mid-end Affordable Unsold Units Accumulated (Units) Some are waking up with their head in their hands Unsold Units by Segment 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 Total Unsold Units Luxury High-end Mid-end Affordable Total CBRE Vietnam Page 22 CBRE Vietnam Fearless Forcast 2012
23 The Residential Nightmare Dong Devaluation (9.3%) More strictly control on dolarisation price list in VND Resolution 11 Q1 5,078 launches 2,229 sales Q2 4,926 launches 1,390 sales Int l banks stopped mortgage lending 2012 Death, Discount or Opportunity? Discount Headlines 1,096 launches 846 sales Q4 Goldora Villa sold to ICC 864 launches 1,867 sales Q3 More incentives to stimulate sales Property sector, the most attractive investment channel, but more cautious to invest in 1-3 years (survey by Grant Thornton Vietnam) Doc /NHNN-CSTT: Remove 4 real estate groups out of the nonproductive outtsatnding loan category The Ascott signed Diamond Island (D.2) CBRE Vietnam CBRE Vietnam US$6,000/unit in Binh Duong CBRE Vietnam Page 23 Fearless Forcast 2012
24 The past 18 months has seen shopping centre rentals create a buzz; 2012, we expect department store rentals to come back to the forefront: Lack of quality space in the CBD; Still a softening on rents 2012, shopping centre rentals in the CBD to remain soft; Saigon Centre phase 2, the CBD retail hub on the horizon; First new supply in CBD with department store; Non-CBD Asking Rents (US$/sm/month) Retail Department Store vs. Shopping Centre CBD Asking Rents (US$/sm/month) $140 $120 $100 $80 $60 $40 $20 $0 Source: CBRE Vietnam Department Store Shopping Centre $100 $80 $60 $40 $20 Department Store Shopping Centre 1 st quality shopping centre outside the CBD Crescent Mall; However, rentals still softening as retailers have multiple options and established SHOPHOUSE location remain popular; $ Source: CBRE Vietnam CBRE Vietnam CBRE Vietnam CBRE Vietnam Page 24 Fearless Forcast 2012
25 Hotels 2012 Occupancy and RevPAR both showing signs of growth in Coastal markets such as Phu Quoc, Nha Trang and Da Nang showed a higher RevPAR growth rate than HCMC: RevPAR (US$/room/night) F HCMC Da Nang Phu Quoc Nha Trang Phu Quoc continues to lead the coastal market with 20% y-o-y increase in RevPAR, expected to be an attractive destination for investors in The operation of new Da Nang International Airport terminal in December,2011 facilitates more direct international flights to Da Nang from locations such as Seoul and Kuala Lumpur. CBRE Vietnam Page 25 CBRE Vietnam Fearless Forcast 2012
26 Da Nang Hotels/Resorts/2 nd Home y-o-y increase in visitors was 34%, of which international visitors increased 44% y-o-y The Hyatt Regency came online in Q4 with 200 five-star rooms, 2012 expects InterContinental, Le Meridien, Melia and Pullman to enter DN In 2012, the DN hospitality market will target Russian tourists with direct Russia Da Nang flights in consideration Da Nang market continues to perform with 60% of the 40 villas launched at The Point sold within three months No construction expected in 2012 without pre-sales Projects away from the coast see action too WTC leasing (anchors already signed) and Azura to complete Q2 CBRE Vietnam Page 26 CBRE Vietnam Fearless Forcast 2012
27 Serviced Apartments 2011 Demand derived from 3 sources: Professional expatriates main source Both from Asia and the West Hanoi: employees in the Embassies Returning Overseas Vietnamese Wealthy Vietnamese a new and growing trend Proportion of Requested Area (sm) % 80% 60% Vietnam will be the 11th most common destination of companies sending staff on international assignments up to Therefore, this is likely to ensure that the demand for accommodation from companies sending staff into Vietnam is likely to remain strong in the next three years. --- Trends in Managing Mobility Survey 2010, ECA International 40% 20% Proportion of Housing Budget (US$/month) 0% Q1/2011 Q2/2011 Q3/2011 Q4/2011 Source: CBRE Residential Leasing TOP DEMAND! $0 -$1200 $ $2500 $ $3500 $3500+ H1/2011 work permits issued to foreigners in HCMC: Achieved 85.1% of entire 2009 Down 16.5% against H1/2010 Q4/ % 40.0% 40.0% 10.0% Q1/ % 41.5% 29.2% 11.3% Q2/ % 48.2% 24.1% 7.2% Q3/ % 52.1% 26.6% 9.6% Source: CBRE Residential Leasing CBRE Vietnam Page 27 CBRE Vietnam Fearless Forcast 2012
28 ILS 2012 Forecast Logistics component becomes a must in industrial park zoning. Logistics to grow as Asian regional trade buoys economy through Eurozone crisis and slower US growth. Japanese investment KEY. Both from Japan directly, and from Japanese companies relocating out of Thailand. Potential growth areas: Food & Beverage for South Vietnam Electronics for North Vietnam. Ready Built Factory rental rates come down as more supply than ever before. With the increasing profile of industrial in Vietnam, more investors seek wholesale purchases of operating IPs. CBRE Vietnam Page 28 CBRE Vietnam Fearless Forcast 2012
29 The Rise of Investment - The Institutional Deal And a notable variance in yield Pacific Place, Hanoi Q Reported 12% CentrePoint, HCMC Q Reported % Saigon Tower, HCMC Q Reported 8.5% At least three more institutional deals to come in 2012 CBRE Vietnam CBRE Vietnam CBRE Vietnam Page 29 Fearless Forcast 2012
30 On December 31, Nguyen Trai still the retail king! CBRE s 10 Most Fearless Forecasts 2. Square office buildings back in fashion! The best tenant deals will have happened in the first half of Any residential project that hasn t broken ground will gravitate to the affordable (new middle class, less than 21,000,000VND psm) segment. 4. Luxury residential in the CBD WILL sell. 5. Golf Boom or Bust?!? 6. Revenue from cleared sites skyrockets as they are converted into drive-in movie theatres and Circle K. 7. Burger King opens at Da Nang airport and Sushi Bar opens in Phu Quoc as overseas visitors increase a further 20%. 8. In the short-term the new Pudong is not Thu Thiem, it is District Gold price declines with new supply from Vietnam s two gold medals at the London Olympics Registered FDI into real estate triples in 2012 as Vietnam sees 20 new foreign investors. 11. Jack Dorsey to spend Christmas 2012 in to have 50,000 followers CBRE Vietnam Page 30 CBRE Vietnam Fearless Forcast 2012
31 2012: Gold Supply in Vietnam Increases The magic from Trinh Duc s performance in the Rugby World Cup is overshadowed by: Quy Phuc is expected to win the gold in 100 m freestyle Anh Tuan is expected to win the gold in <56 kg weightlifting Ha Thanh is expected to win the gold in the floor exercise Source: vov.vn; giadinh.net.vn; tuoitre.vn ; 1star1objet.fr CBRE Vietnam Page 31 CBRE Vietnam Fearless Forcast 2012
32 CBRE Vietnam - HCMC & Hanoi Quarterly Reports The most insightful real estate publication in Vietnam! Plan your future with two quarter and eight quarter forward looking analysis. Contact for free sample: quarterlyreports@cbrevietnam.com THANK YOU 2012 CB Richard Ellis (Vietnam) Co., Ltd. This report has been prepared in good faith and with due care by CB Richard Ellis (Vietnam) Co., Ltd. We obtained some of the information above from sources we believe to be reliable. However, we have not verified the accuracy of the information which we obtained from other sources and make no guarantee, warranty or representation about it. We include projections, opinions, assumptions or estimates which are made with careful consideration of factors known to us for example only, and they may not represent current or future performance of the market. This information is designed exclusively for use by CB Richard Ellis clients, and cannot be reproduced without prior written permission of CB Richard Ellis. CBRE Vietnam Page 32 CBRE Vietnam Fearless Forcast 2012
Fearless Forecast. Do not let a good crisis go to waste. Marc Townsend Managing Director CB Richard Ellis (Vietnam) Co., Ltd.
Fearless Forecast Do not let a good crisis go to waste February 2012 Presented by: Marc Townsend Managing Director CB Richard Ellis (Vietnam) Co., Ltd. HCMC 2011 Changes Taken on January 2, 2011 Times
More informationDon t believe everything you read in the media about the Vietnam Property Market
Don t believe everything you read in the media about the Vietnam Property Market Presented by: Mr. Marc Townsend, Managing Director, CBRE Vietnam HO CHI MINH CITY 19th January 2017 1 CBRE MARKET INSIGHTS
More informationAMATA VN Public Company Limited
AMATA VN Public Company Limited Welcome to Opportunity Day Financial Performance Results for the 3 months period ended March 31, 2018 Disclaimer This document was prepared by Amata VN Public Company Limited
More informationAMATA VN Public Company Limited
AMATA VN Public Company Limited Welcome to Opportunity Day Financial Results for the period ended December 31, 2017 1 Disclaimer This document was prepared by Amata VN Public Company Limited in good faith
More informationHCMC HOTEL MARKET Past, Present and Future Park Hyatt Saigon, April 2010
HCMC HOTEL MARKET Past, Present and Future Park Hyatt Saigon, April 2010 Presented by: Mauro Gasparotti Manager Hospitality CB Richard Ellis (Vietnam) Co., Ltd. 2010 Image Growing Young Market Tourist
More informationCBRE Hotels presents. Vietnam Hotel Market Overview. Presented by Robert McIntosh Executive Director, CBRE Hotels, Asia Pacific.
CBRE Hotels presents Vietnam Hotel Market Overview Presented by Robert McIntosh Executive Director, CBRE Hotels, Asia Pacific 23 September 2009 Presentation Outline 1. Hotel Performance Regional 2. Hotel
More information2011 Hotel investment strategy :
2011 Hotel investment strategy : What every developer should know New World Hotel 27 Sept, 2011 Presented by: Robert McIntosh, Executive Director, CBRE Hotels, Asia Pacific. SUMMARY Hotel Performance Hotel
More informationTransaction volume increases in 2017 amid steady regional hotel performance
MARKETVIEW Asia Pacific Hotels, H2 2017 Transaction volume increases in 2017 amid steady regional hotel performance US$103.4 220 bps US$73.5 US$11.7 Bn* Including deals worth more than USD 10m each, and
More informationTPP ADVANTAGES INDUSTRIAL ESTATE SOLUTION. By Nguyen Chi TOAN Marketing Manager of VSIP JV 27 November 2015
TPP ADVANTAGES INDUSTRIAL ESTATE SOLUTION By Nguyen Chi TOAN Marketing Manager of VSIP JV 27 November 2015 VIETNAM ECONOMY VIETNAM ECONOMIC STRUCTURE MOVEMENT 1995 2015 Service 44% Agriculture, Fisheries,
More informationBẢN TIN THÁNG 04/2015 1Q 2018 EARNINGS CALL
1Q 2018 EARNINGS CALL May 8, 2018 Key Highlights 1 Business performance of 1Q2018 1 1. Vingroup (ticker: VIC) reported that consolidated net revenue reached VND 29.1tn (+84% YoY), in which revenue from
More informationSET Opportunity Day #3/2011
SET Opportunity Day #3/2011 2Q11 & 1H11 Performance & Outlook 18 August 2011 The views expressed here contain some information derived from publicly available sources that have not been independently verified.
More informationQuarterly Meeting# 4/2018
Quarterly Meeting# 4/2018 3Q18 & 9M18 Performance & Outlook 14 November 2018 1 2016 ERAWAN. All rights reserved. The views expressed here contain some information derived from publicly available sources
More informationAsia Pacific Hotel Trends
Asia Pacific Hotel Trends Transaction volume remains steady retain strong appetite for hotels Activity picks up in Hong Kong Other active markets led by Australia and Vietnam Singapore remains subdued
More informationAVIATION INDUSTRY REPORT, Q3/2018
AVIATION INDUSTRY REPORT, Q3/2018 1 Content Abbreviation 3 3 Vietnam aviation industry 36 Executive summary 4 3.1 Development history of the industry 36 1 Business environment 6 3.2 Value chain of aviation
More informationMINISTRY OF TRANSPORT VIETNAM MARITIME ADMINISTRATION DEVELOPMENT OF CONTAINER PORTS VIETNAM
MINISTRY OF TRANSPORT VIETNAM MARITIME ADMINISTRATION DEVELOPMENT OF CONTAINER PORTS VIETNAM Bangkok, 21 Nov 2012 IMPORT CARGO (Recent 5 years = 2007-2011) 2011) 200000 IMPORT CARGO 1000,000 USD 100000
More informationThailand --- A Preferred FDI Destination. Thailand. Political stability. Skilled workforce. Business friendly. Sustained economic growth
Thailand --- A Preferred FDI Destination Global FDI Rankings Skilled workforce India Welcoming culture Tax & other incentives Political stability Thailand Indonesia Malaysia Singapore China Vietnam Strategic
More informationAbu Riyadh Dh Real Estate Overview Q Riyadh
Abu Riyadh Dh Real Estate Overview Q1 2012 Riyadh Market Milestones Q1 2012 Economic News The tourism sector has seen continued growth with the Saudi Commission for Tourism and Antiquities (SCTA) estimating
More informationTOKYU BINH DUONG GARDEN CITY
TOKYU BINH DUONG GARDEN CITY Retail 24/7. BINH DUONG NEW CITY is the urban development for new political, social, economic and cultural center of Binh Duong Province. On a gross 1,000 ha, the development
More informationReport Overview Vietnam Hotel Survey 2013
Report Overview Vietnam Hotel Survey 2013 This is an Executive Summary of the full 60 page Hotel Survey Report. Full copies can be obtained from Grant Thornton Vietnam. Grant Thornton Vietnam June 2013
More informationQuarterly Meeting# 2/2017
Quarterly Meeting# 2/2017 1Q17 Performance & Outlook 16 May 2017 1 2017 ERAWAN. All rights reserved. The views expressed here contain some information derived from publicly available sources that have
More informationFourth Quarter and Full Year 2009
Investor and analyst meeting: Fourth Quarter and Full Year 29 25 th February 21 2 The views expressed here contain some information derived from publicly available sources that have not been independently
More information1.0% 3.6% 15.9% Inflation March 2017 y-o-y. Retail Sales,
City Report Q1 2017 1.0% 3.6% 15.9% GDP Growth Q1 2017 Inflation March 2017 y-o-y Unemployment rate 2016, Belgrade 495 11.4% 0.9% Salary March 2017, Belgrade Retail Sales, March 2017 y-o-y, Serbia Industrial
More informationNovember 1 st, 2018 TOKYU CORPORATION BECAMEX TOKYU CO., LTD. MITSUBISHI JISHO RESIDENCE CO., LTD.
November 1 st, 2018 Establishment of joint venture company between TOKYU Group and Mitsubishi Estate Group in Binh Duong Province, Vietnam Implementing the 560-unit SORA gardens II condominium project
More informationTourism Snapshot A Monthly Monitor of the Performance of Canada s Tourism Industry
Tourism Snapshot A Monthly Monitor of the Performance of Canada s Tourism Industry December 2015 Volume 11, Issue 12 www.destinationcanada.com Tourism Snapshot December 2015 1 2 Tourism Snapshot December
More informationAFTA Travel Trends. June 2017
AFTA Travel Trends June 2017 AFTA Travel Trends Report 2017 Inbound and Outbound overview Introduction This snapshot provides an overview of the balance of trade between Inbound and Outbound Travel for
More informationFLC GROUP JSC. INTRODUCTORY PRESENTATION
FLC GROUP JSC. INTRODUCTORY PRESENTATION HEADQUARTERS 5th Floor, FLC Landmark Tower, Le Duc Tho Str., My Dinh, Tu Liem, Hanoi Tel: (84-4) 3771 1111 / Fax: (84-4) 3724 5888 Email: info@flc.vn / Webiste:
More informationOVERALL EXISTING CONDITION AND DEVELOPMENT STRATEGY OF EXPRESSWAY IN VIETNAM. BANGKOK - 13 June 2016
OVERALL EXISTING CONDITION AND DEVELOPMENT STRATEGY OF EXPRESSWAY IN VIETNAM BANGKOK - 13 June 2016 TABLE OF CONTENTS A. Orientation of Expressway Development in Vietnam B. Current condition of Expressway
More informationTRAVEL & STAYS OFFERS
TRAVEL & STAYS OFFERS Merchant Offer Photo Validity Outlet Anantara Mui Ne Resort Accommodation offer: 20% off on internet rate or BAR published on the website. Not applicable for bookings in these periods:
More information2014 Tourism Statistics Region 8
2014 Tourism Statistics Region 8 Tourism Research Unit Fall 2016 Economic Indicators Source: Oxford Economics; Ministry of Tourism, Culture and Sport 2 2014 Notable Events February 7 23 The XXII Olympic
More informationVINCOM JOINT STOCK COMPANY. Investor Presentation March 2012 INVESTOR PRESENTATION
VINCOM JOINT STOCK COMPANY Investor Presentation March 2012 INVESTOR PRESENTATION Table of contents A. Key investment highlights 2-10 B. Business overview 11-27 C. Financial overview 28-32 1 INVESTOR PRESENTATION
More informationWelcome to Opportunity Day Financial Performance Result for the 9 months period ended Sep 30, 2018
Welcome to Opportunity Day Financial Performance Result for the 9 months period ended Sep 30, 2018 Creating Perfect Cities where Possibilities Happen Disclaimer This document was prepared by Amata Corporation
More informationQuarterly Meeting# 1/2018
Quarterly Meeting# 1/2018 4Q17 & FY17 Performance & Outlook 2 March 2018 1 2016 ERAWAN. All rights reserved. The views expressed here contain some information derived from publicly available sources that
More informationD E V E L O P M E N T TRACKRECORD
DEVELOPMENT TRACKRECORD Company Overview Developed US$ 1 billion of property in Vietnam. Secured over $200 million in non-recourse financing across diversified projects. Founded in 1999, Indochina Capital
More information2014 Tourism Statistics Region 12
2014 Tourism Statistics Region 12 Tourism Research Unit Fall 2016 Economic Indicators Source: Oxford Economics; Ontario Ministry of Tourism, Culture and Sport 2 2014 Notable Events February 7 23 The XXII
More informationTourism Snapshot. June 2015 Volume 11, Issue 6. A focus on the markets in which Destination Canada (DC) and its partners are active.
Tourism Snapshot Tourism PEI / Paul Baglole A focus on the markets in which Destination Canada (DC) and its partners are active. www.destinationcanada.com June Volume 11, Issue 6 Key highlights Over the
More informationUnderstanding the Market
IATA Seminar: A Successful Airport for a Successful Industry Understanding the Market Ian Thomas Senior Consultant Industry Affairs The Asian Growth Bubble Regional economic expansion + China + Air service
More informationSingapore Property Market
Half Year Financial Report 1 Jan 30 June 2006 14 August 2006 Presentation Outline I. Singapore Property Market II. Operation Review III. Financial Highlights IV. Market Outlook 1 Singapore Property Market
More informationTOKYU GROUP INTRODUCTION OF BECAMEX IDC CORPORATION INVESTMENT AND INDUSTRIAL DEVELOPMENT CORPORATION. Tokyu Binh Duong Garden City
INTRODUCTION OF Company Name: TOKYU CORPORATION Head Office: 5-6 Nanpeidai-cho, Shibuya-ku, Tokyo, Japan 150-8511 Established: September 2, 1922 Capital: 121,724 million yen (as of March 31, 2017) Operating
More informationAFTA Travel Trends. July 2017
AFTA Travel Trends July 2017 AFTA Travel Trends Report 2017 Inbound and Outbound overview Introduction This snapshot provides an overview of the balance of trade between Inbound and Outbound Travel for
More informationVietnam Lodging Industry Hotel Survey June 2007
Vietnam Lodging Industry Hotel Survey June 2007 1 Table of Contents Foreword 2 Introduction and Key Highlights of the Hotel Survey 4 Introduction to the Vietnam Hotel Survey 2005-2006 by Grant Thornton
More informationTourism Snapshot. A focus on the markets in which the CTC and its partners are active. February 2015 Volume 11, Issue 2.
Tourism Snapshot Tourism Whistler/Mike Crane A focus on the markets in which the CTC and its partners are active www.canada.travel/corporate February Volume 11, Issue 2 Key highlights The strong beginning
More informationPositive rental reversions in Hong Kong portfolio. Rising contribution from Singapore office portfolio. Strong performance from Residential business
2012 Review The Group performed well in 2012 Positive rental reversions in Hong Kong portfolio Rising contribution from Singapore office portfolio Strong performance from Residential business 2 Highlights
More informationThe main points of the MOU concluded by Tokyu Corporation with Becamex IDC Corp. are as follows:
October 27, 2011 Tokyu Corporation Signs Memorandum of Understanding with Vietnamese Company BECAMEX IDC CORP. for Urban Development in Binh Duong Province in the suburb of Ho Chi Minh City, and Other
More informationTransport Infrastructure Investment in Viet Nam
Transport Infrastructure Investment in Viet Nam Mr. Nguyen Ngoc Thuyen Deputy Director General International Cooperation Department Tel: + 84 4 3942 2079, Fax: + 84 4 3942 1436 Email: nnthuyen@mt.gov.vn,
More informationTotal Supply by Location, Q Existing Supply
CB RICHARD ELLIS Phuket Hotel www.cbre.co.th Second Quarter 29 Quick Stats Occupancy (%) Supply ADR RevPar Change in Q1 9 Change in Q2 9 The major factor in Q2 29 is the reduction in occupancy rates. Occupancy
More informationmarket-view Australian housing markets report Residential construction on the rise - higher and higher?
Australian housing markets report Residential construction on the rise - higher and higher? Dr Andrew Wilson Chief Economist Domain Group October 2016 Copyright 2016 Dr Andrew Wilson all rights reserved
More informationLocation map and area relationship of Viet Phat Industrial Zone and Urban Area
Location map and area relationship of Viet Phat Industrial Zone and Urban Area Location : The Viet Phat IZ and Urban Area is situated in an advantageous position in the Southern Key Economic Region of
More informationKey Highlights 9M/2018 Business results Oct 2018
Key Highlights 9M/2018 Business results Oct 2018 Disclaimer INFORMATION CONTAINED IN OUR PRESENTATION IS INTENDED SOLELY FOR YOUR REFERENCE. SUCH INFORMATION IS SUBJECT TO CHANGE WITHOUT NOTICE, ITS ACCURACY
More informationPAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011
PAN PACIFIC HOTELS GROUP LIMITED 2010 FULL YEAR RESULTS BRIEFING 22 FEB 2011 2010 RESULTS OVERVIEW STRATEGIC & OPERATIONS HIGHLIGHTS NEO SOON HUP CHIEF FINANCIAL OFFICER 2 CONTENTS Focus and Highlights
More informationFY2015 2nd Quarter Business Results
FY2015 2nd Quarter Business Results Project AH A MAY products Yamaha Corporation and Yamaha Motor Co., Ltd. make products by exchanging the design divisions and their design fields, and present a joint
More informationTripAdvisor Workshop Christchurch 7 June 2016
TripAdvisor Workshop Christchurch 7 June 2016 TripAdvisor: The World s Largest Travel Site 1 M I L L I O N Reviews & Opinions 3402005 MILLION 2000 Unique visitors a month M I L L I O N 350 r e vie w s
More informationTUI GROUP INVESTOR PRESENTATION
TUI GROUP INVESTOR PRESENTATION German Investment Conference UniCredit / Kepler Munich, 26-27 September 2012 Future-related statements This presentation contains a number of statements related to the future
More informationRecovery Now! ANZPHIC 2010 Sydney - July 8, Hotel Performance Back On Track
Recovery Now! Hotel Performance Back On Track ANZPHIC 2010 Sydney - July 8, 2010. STR Global Ltd is the exclusive owner of all rights in this presentation and its content. Reproduction of all or a portion
More informationFinding Rationality in an Irrational World: The Economics of Successful Hotel Negotiations
Finding Rationality in an Irrational World: The Economics of Successful Hotel Negotiations Isaac Collazo, Vice President, Performance Strategy & Planning, InterContinental Hotels Group (IHG) Maria Lowry,
More informationBinh Duong New City. Development Update. Mapletree Business Binh Duong
Binh Duong New City Development Update Nov 2011 Content Sections within this report Page 1. Brief Background 3 2. Up and Coming New City 4 3. The Work-Live-Play-Learn Destination to Be In 5 4. The Hottest
More informationOct-17 Nov-17. Sep-17. Travel is expected to grow over the coming 6 months; at a slightly faster rate
Analysis provided by TRAVEL TRENDS INDEX SEPTEMBER 2018 CTI reading of.8 in September 2018 indicates that travel to or within the U.S. grew 1.6% in September 2018 compared to September 2017. LTI predicts
More informationVIEWPOINT JANUARY Japan Hotel Market Outlook
Japan Hotel Market Outlook Kiyoshi Tsuchiya Director, CBRE Hotels, Japan Mami Hattori Associate Consultant, CBRE Hotels, Japan Yoshitaka Igarashi Associate Director, Research Asuka Honda Associate Director,
More informationPress Release SAVILLS VIETNAM REPORT ON VIETNAM HOSPITALITY IN THE FIRST HALF YEAR /05/2016
Press Release 16/05/2016 SAVILLS VIETNAM REPORT ON VIETNAM HOSPITALITY IN THE FIRST HALF YEAR 2016 Co.,Ltd 18 th Floor, Continental Tower 81-85 Ham Nghi Street District 1, HCMC T: +84 8 3823 9205 savills.com.vn
More informationITE HCMC, Vietnam s Premier International Travel Trade Event, Returns To Impact World s Travel Patterns For 14 th Edition
PRESS RELEASE For Immediate Release ITE HCMC, Vietnam s Premier International Travel Trade Event, Returns To Impact World s Travel Patterns For 14 th Edition As the largest and most established international
More informationCTY CP TVTK GTVT PHÍA NAM - TEDI SOUTH
Master plan of transportation in HCMC to 2030 and Vision to 2050. DUONG VAN SANG Assistant General Director Tedisouth AGENDA / CONTENTS HIGHWAYS NETWORK ADDITIONAL PROJECTS TO MASTER PLAN NATIONAL RAILWAYS
More informationTravel redemption catalogue
Travel redemption catalogue Welcome to Standard Chartered travel redemption catalogue Dear Valued Cardholder, Thank you for choosing Standard Chartered WorldMiles credit card! We are delighted to introduce
More information23rd SEOUL BUILD. Organized by Co-Organized by Supported by. Overseas Cooperation. Exhibit Profile. Highlight Sector. Constek Remodeling Greenbuilding
23rd SEOUL BUILD Organized by Co-Organized by Supported by Overseas Cooperation Exhibit Profile Highlight Sector Constek Remodeling Greenbuilding / / / / / / / / 2015 Your Next Destination, KOREA! South
More informationCapitaMalls Asia Limited Asia s Leading Mall Developer, Owner and Manager Singapore China Malaysia Japan India
CapitaMalls Asia Limited Asia s Leading Mall Developer, Owner and Manager Singapore China Malaysia Japan India Joint Venture with Changi Airport Group to Develop an Iconic Mixed-Use Development at Changi
More informationGHN Market Report: Vietnam 2013
GHN Market Report: Vietnam 2013 Juhie Tak Manager - Hospitality Services, India Cushman & Wakefield A typical vacationer, today, travels far and wide! The lesser heard travel destinations are fast becoming
More informationGREATER SYDNEY SUPPLY & DEMAND. Tourism Accommodation Australia 31 May 2017
GREATER SYDNEY SUPPLY & DEMAND Tourism Accommodation Australia 31 May 2017 OVERVIEW 1 Trading Performance 4 Summary 2 Supply & Demand 5 Questions 3 Hotel Investment Market TRADING PERFORMANCE Sydney City
More informationInvestor Meeting Presentation. 4 June 2014
Investor Meeting Presentation 4 June 2014 COMPANY OVERVIEW 1Q2014 RESULTS OVERVIEW OPERATION HIGHLIGHTS Q&A 2 Founded in 1963, listed on the Singapore Exchange in 1964 Three core businesses: - Property
More informationCHINA HOTEL MARKET OUTLOOK
CHINA HOTEL MARKET OUTLOOK Topics To Cover Key Market Assessment China Hotel Market Sentiment Survey The Big Picture For China In 2010 Key Market Outlook KEY MARKET ASSESSMENT Key Market Occupancy Trends
More informationVietnam s Transport Sector Outlook and Engineering Opportunities
Vietnam s Transport Sector Outlook and Engineering Opportunities Transport is the determining factor in the connectivity of people and goods. Effective transport systems leverage the ease of doing business
More informationHow to Address Tail Risks. Masaaki Shirakawa Governor of the Bank of Japan
How to Address Tail Risks June 27, 211 Annual General Meeting 211 of the Foreign Bankers' Association in the Netherlands Masaaki Shirakawa Governor of the Bank of Japan Slide 1 Frequency of occurrence
More informationMeasures & Projections October 31, GoToBermuda.com
Measures & Projections October 31, 2015 GoToBermuda.com October Total Vacation Visitor Arrivals Vacation Arrivals Oct-14 Oct-15 2015 Air Vacation 9,203 10,344 1,141 12.40 126,842 127,044 202 0.16 Cruise
More informationNew CBD office supply is improving the quality of stock
Australia Office, Q3 215 New CBD office supply is improving the quality of stock National CBD WCE Jun-15.9% p.a National CBD Net Absorption 215 153,sqm F National CBD Net Supply 215 361,sqm F National
More informationPresented by: Marc Townsend, Managing Director Hieu Le, Director of Office Service Richard Colville, Director of Asset Management
Presented by: Marc Townsend, Managing Director Hieu Le, Director of Office Service Richard Colville, Director of Asset Management 1 CBRE OFFICE OCCUPIER OUTLOOK Q1 2017 VIETNAM IN THE FOREIGN PRESS 2 CBRE
More informationF-74
F-73 F-74 F-75 F-76 F-77 F-78 F-79 F-80 F-81 F-82 F-83 F-84 F-85 F-86 F-87 F-88 F-89 F-90 F-91 F-92 F-93 F-94 F-95 F-96 F-97 F-98 F-99 F-100 F-101 F-102 F-103 F-104 F-105 F-106 F-107 F-108 F-109 F-110
More information3.2% 1.2% 12.2% Inflation, December 2017 y-o-y. Retail Sales, November 2017 y-o-y, Croatia
City Report H2 2017 3.2% 1.2% 12.2% GDP Growth, Q3 2017 y-o-y Inflation, December 2017 y-o-y Unemployment rate, December 2017, Croatia 935 5.7% -2.5% Net Salary September 2017, Zagreb Retail Sales, November
More informationMARKET REPORT. Wuhan, China Upper-Tier Hotel Market
MARKET REPORT Wuhan, China Upper-Tier Hotel Market APRIL 2018 WUHAN Upper -Tier Hotel Market Market Report - April 2018 Wuhan Introduction Wuhan Overview Wuhan is the provincial capital of Hubei province,
More informationGOLD COAST OFFICE OVERVIEW
GOLD COAST OFFICE OVERVIEW JANUARY 2014 Gold Coast OVERVIEW Gold Coast office stock at January 2014 totalled 459,890 sqm, down by almost 4,000 sqm on the mid-year stock level. Around 2,000 sqm of refurbished
More information4.5% 1.4% 14.3% Inflation March 2018 y-o-y. Retail Sales, March 2018 y-o-y
City Report Q1 2018 4.5% 1.4% 14.3% GDP Growth Q1 2018 y-o-y Inflation March 2018 y-o-y Unemployment rate Q4 2017, Belgrade 494 2.2% 4.1% Net Salary February 2018, Belgrade Retail Sales, March 2018 y-o-y
More informationInvestor Presentation December March 2012 INVESTOR PRESENTATION
VINGROUP VINCOM JOINT JOINT STOCK STOCK COMPANY COMPANY Investor Presentation December March 2012 INVESTOR PRESENTATION Table of contents A. Key investment highlights 2-10 B. Business overview 11-28 C.
More informationPresentation to Hong Kong-Canada Business Association Vancouver 31 October Yuen Pau Woo President & CEO Asia Pacific Foundation of Canada
Presentation to Hong Kong-Canada Business Association Vancouver 31 October 2012 Yuen Pau Woo President & CEO Asia Pacific Foundation of Canada 1 The Asia Pacific Foundation of Canada (APFC) is an independent,
More information$0.7bn total spend. 141,400 arrivals. 4m total nights. 17% dispersed nights 1. Indonesia Market Profile. Performance overview
Market Profile Performance overview In 2013, Indonesia was Australia s 12th largest inbound market for visitor arrivals, the 14th largest market for total expenditure, and 19th for visitor nights. It was
More information1.2% 3.5% 13.2% Inflation May 2017 y-o-y. Retail Sales, May 2017 y-o-y
City Report Q2 2017 1.2% 3.5% 13.2% GDP Growth Q1 2017 y-o-y Inflation May 2017 y-o-y Unemployment rate Q1 2017, Belgrade 489 11.1% 6.2% Net Salary May 2017, Belgrade Retail Sales, May 2017 y-o-y Industrial
More informationDevelopment & Opportunity of China s Tourism Market. Macao Dec Yao Yuecan/CITS HO
Development & Opportunity of China s Tourism Market Macao Dec.1. 2008 Yao Yuecan/CITS HO 1 Topics 1 Status Quo of Development of China s Tourism 2 Olympics Improves Image of China s Tourism 3 The World
More informationTourism Snapshot A focus on the markets in which the CTC and its partners are active
Tourism Snapshot A focus on the markets in which the CTC and its partners are active www.canada.travel/corporate January 214 Volume 1, Issue 1 Key highlights Total arrivals from CTC s international markets
More informationCris Tarrant CEO (BVA State of the Nation. Joe Stather Associate Director #2018HIF
Cris Tarrant CEO (BVA BDRC) @cristarrant State of the Nation Joe Stather Associate Director (CBRE) @joestather #2018HIF Cris Tarrant CEO (BVA BDRC) @cristarrant Trends & Spends Joe Stather Associate Director
More informationPRESENTATION Destination Marketing Focusing On Tourism Experience. By: DATO AMMAR ABD GHAPAR Tourism Malaysia
PRESENTATION Destination Marketing Focusing On Tourism Experience By: DATO AMMAR ABD GHAPAR Tourism Malaysia 1 Destination Marketing Proses of communicating with potential visitors to influence their destination
More informationOct-17 Nov-17. Travel is expected to grow over the coming 6 months; at a slower rate
Analysis provided by TRAVEL TRENDS INDEX OCTOBER 2018 CTI reading of 51.6 in October 2018 indicates that travel to or within the U.S. grew 3.2% in October 2018 compared to October 2017. LTI predicts travel
More informationFAR EAST H-TRUST POSTS 2Q 2014 INCOME AVAILABLE FOR DISTRIBUTION OF $22.1 MILLION
Highlights: FAR EAST H-TRUST POSTS 2Q 2014 INCOME AVAILABLE FOR DISTRIBUTION OF $22.1 MILLION Gross revenue of $29.6 million in 2Q 2014 amidst challenging operating environment Net property income of $26.6
More informationTourism Statistics Region 1
Tourism Statistics Region 1 Tourism Research Unit Winter 2011 1 Summary In 2008, there were 101.0 million visits in and visitors spent $17.6 billion residents account for the majority of visits and spending
More informationAirline industry outlook remains fragile
Airline industry outlook remains fragile June 2009 www.iata.org/economics To represent, lead and serve the airline industry Airline industry outlook remains fragile Green shoots starting to appear Recovery
More informationQuarterly Report Doha Hotels Q Doha Q Review. Hotel Market
Quarterly Report Doha Hotels Q2 2016 Doha Q2 2016 Review Hotel Market Doha SUPPLY Doha saw an influx of 538 hotel keys in Q2 2016. The most recent openings included properties such as the Moevenpick Al
More informationMICE TOURISM IN VIETNAM. Trang Q. Nguyen Vietnam National Administration of Tourism Hangzhou, October 2012
MICE TOURISM IN VIETNAM Trang Q. Nguyen Vietnam National Administration of Tourism Hangzhou, October 2012 Potentials for MICE tourism development in Vietnam Be one of the ASEAN s fastest growing economies.
More informationCorporate Presentation 2012/13 Interim Results
Corporate Presentation 2012/13 Interim Results 26 February 2013 0 Disclaimer The information contained in this presentation is intended solely for your personal reference. Such information is subject to
More informationSydney CBD Market Commercial Market Overview - Jul 2015
Sydney CBD Market Commercial Market Overview - Jul 2015 Contents The Sydney CBD Market... 4 The Sydney CBD Market - Summary... 5 The Sydney CBD Market - Overview... 6 The Sydney CBD Market - Commercial
More informationCathay Pacific Airways 2012 Analyst Briefing 28 June 2012
Cathay Pacific Airways 2012 Analyst Briefing 28 June 2012 1 Airline Strategy Grow our international network, expand frequencies and further develop Hong Kong as one of the world s leading aviation hubs
More informationPerth WESTERN AUSTRALIA. Prosperity Energy Opportunity
Perth WESTERN AUSTRALIA Prosperity Energy Opportunity 1 Feel the Energy Image: View of central Perth from South Perth Courtesy of Tourism Western Australia Perth is Western Australia s Capital City; a
More informationSTR: Asia Pacific Hotel Update Yesterday, Today & Tomorrow
STR: Asia Pacific Hotel Update Yesterday, Today & Tomorrow ITB Asia, 25 October 2017 Fenady Uriarte Business Development Manager, Southeast Asia furiarte@str.com, apinfo@str.com 2017 STR, Inc. All Rights
More informationTECHNICAL SPECIFICATION (OBJECTIVES, PROJECT SCALE)
LIST OF PROJECTS CALLING FOR INVESTMENT IN QUANG NINH PROVINCE IN THE PERIOD 06 TO 00 (Issued together with Decision No.86/QD-UBND dated March 8, 06 by Quang Ninh ) Total: 4 projects No. NAME OF PROJECT
More informationAsian tourist growth boosting hotel performance
Visitors Australia Hotels Q2 Asian tourist growth boosting hotel performance $18 $139 7.7% 7.1 million +8% *Arrows indicate change from previous year. Key Points CONTINUED STRONG GROWTH FROM THE ASIAN
More informationTourism Snapshot A Monthly Monitor of the Performance of Canada s Tourism Industry
Tourism Snapshot A Monthly Monitor of the Performance of Canada s Tourism Industry September Volume 14, Issue 8 Tourism Toronto www.destinationcanada.com Tourism Snapshot September 1 KEY HIGHLIGHTS IMPORTANT
More informationITE HCMC 2017 Closed with a Record of Attendance & Meetings
PRESS RELEASE For Immediate Release ITE HCMC 2017 Closed with a Record of Attendance & Meetings The 13 th ITE HCMC closed with a record number of exhibitors, visitors and buyerseller meetings in 2017,
More information