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1H 2007 Kuala Lumpur Hotel Brief - KUALA LUMPUR MARKET KUALA

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1H 2007 Kuala Lumpur Hotel Brief - KUALA LUMPUR MARKET KUALA Powered By Docstoc
					KUALA LUMPUR MARKET
HOTEL                                                                                                                                                           June 2007
CUMULATIVE SUPPLY & OCCUPANCY RATE                                                                                                                                                                             Supply & Demand (Jan – May 2007)

                                                                                                                                                                                                                                                                            Average
                                                  Total Rooms Supply and Occupancy Rate for 3, 4 & 5-Star Hotels                                                                                                Star          Total    Total           Average
                                                                                                                                                                                                                                                                            Occupancy
                                                                        in Kuala Lumpur                                                                                                                         Rating        Hotels   Rooms           Room Rate
                                                                                                                                                                                                                                                                            Rate
                                25,000                                                                                                                                    80%                                   5 Star        15       7,791           RM292                67%
                                                                                                 Total Rooms Supply
                                                                                                 Occupancy Rate
                                                                                                                                                                                                                4 Star        25       9,656           RM174                66%
                                20,000
                                                                                                                                                                          60%                                   3 Star        26       5,728           RM103                63%
 Total Rooms Supply




                                                                                                                                                                                    Occupancy Rate
                                15,000                                                                                                                                                                          Total         66       23,175          RM190                66%
                                                                                                                                                                          40%

                                10,000                                                                                                                                                                         Future Supply
                                                                                                                                                                          20%
                                 5,000
                                                                                                                                                                                                                Hotel
                                                                                                                                                                                                                Four Seasons Centre
                                      -                                                                                                                                   0%
                                                1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 1H '07                                                                                    Location:                      Jalan Ampang, KL
                                                                                                                                                                                                                Opening:                       2009
                                                                                                                                                                                                                No. of Units:                  200 – Hotel Rooms
                                                                                                                                                                                                                                               100 - Serviced Apartments
AVERAGE ROOM RATE                                                                                                                                                                                               Grand Hyatt Kuala Lumpur
                                                                                                                                                                                                                Location:                      Jalan Pinang, KL
                                                                                                                                                                                                                Opening:                       2009
                                                         Average Room Rate of 3, 4 & 5-Star Hotels in Kuala Lumpur                                                                                              No. of Units:                  625 Hotel Rooms
                                300
                                                         5-Star
                                                         4-Star                                                                                                                                                 Serviced Apartment
                                                         3-Star

                                250                                                                                                                                                                             The Oval
                                                                                                                                                                                                                Location:                      Lorong Kuda, KL
 Average Room Rates (RM)




                                200                                                                                                                                                                             Opening:                       2009
                                                                                                                                                                                                                No. of Units:                  140
                                150
                                                                                                                                                                                                                Platinum Park Residences
                                                                                                                                                                                                                Location:                      Jalan Stonor, KL
                                                                                                                                                                                                                Opening:                       2009
                                100
                                                                                                                                                                                                                No. of Units:                  242

                                 50                                                                                                                                                                            Observations for 1H 2007:
                                              1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 1H '07
                                                                                                                                                                                                               • Average occupancy rate of 3 – 5 star hotels in Klang Valley (incl.
                                                                                                                                                                                                                 Putrajaya) was 65% with a total supply of 33,782 rooms.
TOURIST RECEIPTS & TOURIST ARRIVALS (Malaysia)                                                                                                                                                                 • Visit Malaysia Year 2007 has been extended to August 2008.
                                                                                                                                                                                                               • Tourist arrivals touched 8.9 millions at an average of 68,461
                                                         Tourist Arrivals and Tourist Receipts: Year 1988 - 2010e
                                60,000                                                                                                                                         30
                                                                                                                                                                                                                 tourists per day as at 10 May 2007.
                                                                  TOURIST ARRIVALS
                                                                                                                                                                                                               • Malaysia was ranked at 31st place out of 124 countries in the
                                                                  TOURIST RECEIPTS
                                50,000                                                                                                                                         25
                                                                                                                                          3rd Visit                                                              Travel & Tourism Competitiveness Index in 2007, after
                                                                                                                                        Malaysia Year
                                                                                                                                            2007

                                40,000                                                                                                                                         20
                                                                                                                                                                                                                 Singapore (8th) with Thailand at 43rd place.
                                                                                                                                                                                      TOURIST ARRIVALS (mil)
    TOURIST RECEIPTS (RM mil)




                                                                                                                                                                                                               • The ‘Eye on Malaysia’ recorded an average of 3,000 visitors per
                                30,000                                                                                                                                         15

                                                           1st Visit              2nd Visit
                                                                                                                                                                                                                 day since its launch on 6 Jan 2007.
                                                         Malaysia Year           Malaysia Year
                                20,000
                                                             1990                    1994
                                                                                                                                                                               10                              • Sale of Hotel Midah at RM29 mil by Noble Accord Sdn Bhd to
                                                                                                                                                                                                                 Ho Wah Genting Poipet Resorts Sdn Bhd.
                                10,000                                                                                                                                         5




                                          0                                                                                                                                    0
                                               '88 '89    '90 '91        '92   '93 '94   '95 '96   '96   '98 '99   '00 '01   '02   '03 '04   '05 '06 '07 e '08 e '09 e '10 e




                                                                                                                                                                                                                                                           For more information, please contact:
                                                                                                                                                                                                                                                                    Regroup Associates Sdn Bhd
                                                                                                                                                                                                                                                                  #9-1, Level 9, Menara Milenium
                                                                                                                                                                                                                                                             Jln Damanlela, 50490 Kuala Lumpur
                                                                                                                                                                                                                                                                           Tel: +603 – 2092 5955
                                                                                                                                                                                                                                                                 Website: www.regroup.com.my

				
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