Tuesday, November 17, 2009

10 New Budgeting Steps for 2010

Wednesday, August 26, 2009

H1N1 Virus Threatens Industry Hopes for Recovery

Virus threatens industry hopes for recovery



July 13, 2009 -- Latest forecasts from PATA for international arrivals to Thailand and the Asia Pacific region contain some very modest grounds for optimism – but the spread of the Type A (H1N1) influenza virus is posing yet another serious threat to the travel and tourism industry.



Updates produced today (Monday July 13th) from PATA’s Strategic Intelligence Centre indicate that Southeast Asia will this year suffer a fall of around four percent in international arrivals compared to 2008. PATA has also revised forecasts for all Asia sub-regions for 2010. The initial prediction of a growth of some 12.7 percent in international arrivals for Southeast Asia has been downgraded to 6.8 percent (compared to 2008).



But there is every chance that the continuing spread of the Type A (H1N1) influenza virus will further undermine the confidence of business and leisure travellers and prompt drastic preventative measures by national governments and other public and private sector organisations that will also hinder cross-border traffic.



PATA remains in close contact with its members, industry stakeholders and authoritative bodies such as the World Health Organization and the UNWTO on this vital issue.



"It is clear that we must now apply the knowledge, expertise and lessons learned from the SARS crisis of 2003 and recent outbreaks of the Avian Influenza A/(H5N1). PATA is ready to work closely with its members and the wider travel and tourism community to ensure that the industry is ready to deal with this latest challenge," says Association CEO Greg Duffell.

Holiday Villa to Open 2 Properties in Asia by end 2009

Holiday Villa Hotels and Resorts (Holiday Villa), part of the listed Advance Synergy in Malaysia, has announced plans to open two properties in Cambodia and China by end of 2009. The two hotels, located in Sihanoukville, Cambodia, and Kaifeng in Henan Province, China, will bring the total room count operated by Holiday Villa to approximately 4,400 keys. In 2009, Holiday Villa has already opened properties in Halong Bay, Vietnam, and Shenzhen, China. Currently, the group operates 16 hotels and resorts across eight countries.

Sabah To Boost Economy by Promoting Tourism

The East Malaysian state of Sabah aims to further promote tourism, one of the three major sectors, which has been recognised to boost economic growth. The authorities hope that more hotels would be built to support tourism development in the state. To date, Malaysia’s Cititel Hotel Management has opened the Cititel Express Kota Kinabalu in the capital of Sabah.

Thursday, August 20, 2009

Harp Soon Builds Resort In Malacca, Malaysia

Harp Soon Builds Resort In Malacca, Malaysia


Harp Soon Construction Berhad has announced its plans to develop an 8.72-acre integrated resort, Bayou Lagoon Park Resort, in Malacca, Malaysia. The resort development is expected to comprise four blocks of serviced apartments, a hotel, a retail centre, a convention hall, a clubhouse and an approximately US$2.28 million water park. The serviced apartments development is expected to have a gross development value of US$71.1 million, and two blocks are scheduled to be completed by early 2012. As a developer with 30 years of experience in residential and commercial projects in the Klang Valley, the mixed-use development is the company's first venture into resort development.