bhutan - diethelm travel group · rosewood siem reap (rosewood hotels & resort) 5 foreign...

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Hotel Developments Report Hotel Name Rating Affiliation Site Estimated Opening GANGTAY Himalayan Safaris Lodges Pvt. Ltd RKPO Green Resort Gangtey 5 FDI Gangtay 2015 october - Opened PARO 3 Local Investment Gangtay 2017 - September Le Meridien PHUENTSHOLING 5 FDI Paro 2015 October-Opened Tashi Namgay Resort PUNAKHA 3 Local Investment Phuentsholing 2015 January-Opened Bhutan Ventures Hospitality Pvt.Ltd ? Bhutan Ventures Hospitality Punakha Under construction THIMPHU Hotel Osel (Bhutan Engineering Hotel) Yarkay Hotel 4 Local Investment Thimphu 2015 Janaury-Opened Gyelsa Boutique 4 Local Investment Thimphu 2018 August Hotel Ramada 3 Local Investment Thimphu 2015 January-Opened Taraphendeyling 4 Local Investment Thimphu 2016 November-Opened Zhiwaling Ascent 4 Local Investment Thimphu 2016 November-Opened 4 Local Investment Thimphu 2017 - August BHUTAN Last updated: 2018 QUARTER 3 Page 1 of 34

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Page 1: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

GANGTAY

Himalayan Safaris Lodges Pvt. Ltd

RKPO Green Resort Gangtey 5 FDI Gangtay 2015 october - Opened

PARO 3 Local Investment Gangtay 2017 - September

Le Meridien

PHUENTSHOLING 5 FDI Paro 2015 October-Opened

Tashi Namgay Resort

PUNAKHA 3 Local Investment Phuentsholing 2015 January-Opened

Bhutan Ventures Hospitality Pvt.Ltd

? Bhutan Ventures Hospitality Punakha Under construction

THIMPHU

Hotel Osel (Bhutan Engineering Hotel)

Yarkay Hotel 4 Local Investment Thimphu 2015 Janaury-Opened

Gyelsa Boutique 4 Local Investment Thimphu 2018 August

Hotel Ramada 3 Local Investment Thimphu 2015 January-Opened

Taraphendeyling 4 Local Investment Thimphu 2016 November-Opened

Zhiwaling Ascent 4 Local Investment Thimphu 2016 November-Opened

4 Local Investment Thimphu 2017 - August

BHUTANLast updated: 2018 QUARTER 3

Page 1 of 34

Page 2: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

PHNOM PENH

The Okura Prestige Phnom Penh 5 Foreign Investment Chroy Changvar Peninsula between the Tonle Sap and Mekong Rivers, Phnom Penh2019 End or 2020 Early

Shangri-la Hotel Phnom Penh 5 Foreign Investment Mekong River facing Diamond Island 2019

Courtyard Marriott Phnom Penh 5 Foreign & Local Investment214 Samdach Pan Ave (214), Phnom Penh 2018 ( End of October )

Hyatt Regency Phnom Penh  5 Foreign & Local InvestmentPreah Ang Makhak Vann St. (178), Phnom Penh 2020 Q4

SIEM REAP

Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019

Memoire Palace Resort & Spa 5 Local Investment Phsar Krom Road, Siem Reap 2018 April 01 (Soft opening)

SIHANOUKVILLE & OTHER PROVINCES

Six Senses Krabey Island (by Six Senses Hotels Resorts & Spas) 5 Foreign Investment Koh Krabey Open 2018 December 01

Sokha O'Chheuteal Beach Resort 5 Local Investment O'Chheuteal Beach, Sihanoukville Under construction

Alila Villas Koh Russey 5 Foreign Investment Koh Russey Island, Sihanoukville, Cambodia Open 2018 November 01

Shinta Mani Wild 5 Local Investment Kirirom, Bokor Cardamom, Cambodia Open 2018 November 01

RE-NAME OF HOTEL

Samar Villa & SPA Resort has been renamed as Shanghai Angkor Villa & SPA Resort 4 Foreign Investment 115, Gr.7, Phum Tropeang Its, Khum Kochok, Srok Siem Reap,

Cambodia

Renamed hotel name

Watana Resort & Spa (former Tanei Resort & Spa) 4 Local Investment Krovat Krong Road, Svay Dangkum Village, Siem Reap Central Area,

Siem Reap Cambodia

Renamed hotel name

InterContinental Phnom Penh rebranding as the Great Duke Phnom Penh 5 Local Investment P.O. Box 2288, Regency Square, 296 Mao Tse Toung Blvd, Phnom

Penh 12306, Cambodia

Renamed hotel name

Independence Hotel by Dara (former Dara Independence Beach Resort & Spa) 5 Local Investment #2, Thnou, Sangkat 3 Sihanoukville, Cambodia Renamed hotel name

Montra Nivesha Hotel ( Former Hanuman Alaya hotel ) 4 Local Investment #5 Krom 2, Phoum Treang, Siem Reap, Siem Reap, Cambodia Renamed hotel name

RE-NAME OF ROOMS

Anantara Angkor Resort’s Jim Thompson’s suite renamed as Henry Mahout Suite. 5 Foreign Investment National Road 6, Siem Reap, Cambodia Renamed 1 room type

CAMBODIALast updated: 2018 QUARTER 3

Page 2 of 34

Page 3: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

ANHUI

Four Points by Sheraton Hefei, Shushan 4 Starwood Hotels Qianshan Road, Shushan DistrictHefei,

AnhuiChina2014 May - Opened

Chinese Calligraphy Building 5 Local investment No.69 Kexue Avenue , Daxidi/ 1912 Bar

Street, Hefei, China2017 June.30-Opened

BEIJING

W Beijing Changan 5 Starwood Hotels No.2 Jianguomennan AvenueBeijing, Beijing 2014 November- Opened

Waldorf Astoria Beijing 4 Hilton Hotels No.5-15 Jinyu Hutong Wangfujing,

Dongcheng District, Beijing

2014 February - Opened

Sunrise East Kempinski Hotel 5 Kempinski No.18,Yanshui Road Jia,Yanxihu,HUngrou

distract,Beijing,China

2015 Febrary - Opened

Bulgari Hotel Beijing 5 Bulgari Xinyuan South Road | 0.44km from Metro

Station:liangmaqiao , Yansha Commercial

Area, Beijing, China

2017 Sept.27-opened

Mandarin Oriental Beijing 5 Mandarin Oriental

Group

No.1.Xinyuanjia,Hujia building,Chaoyang

Area

Q4 2018

ANH LUH RESORTS&RESIDENCE 5 ANH LUH No.1.Menqian Street,Summer palace,Beijing Q4 2017

CHANGSHA

The St Regis Changsha 5 Starwood Hotels No.289 Shawan Road, Yuhua District,

Changsha, China

2017 Jan.01-opened

Yannian Yijing Hotel 5 Local investment No.187 Tongzipo West Road , Changsha

Municipal Government, Lugu High-tech

Zone, Changsha, China

2017 April

CHONGQING

The Westin Chongqing Liberation Square 5 Starwood Hotels No. 222 Xin Hua Road,Yu Zhong District

Chongqing, Chongqing2014 April - Opened

CHINALast updated: 2018 QUARTER 3

Page 3 of 34

Page 4: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

CHINALast updated: 2018 QUARTER 3

DALIAN

The Castle Hotel, Dalian 5 Starwood Hotels

No. 600 Binhai West Road, Shahekou

District

Dalian, Liaoning

2014 September - Opened

GUANGZHOU

Hotel Nikko Guangzhou 5 Nikko Hotels1961, Huaguan Road, Tianhe District

Guangzhou, 510520 P.R. China2014 November - Opened

Conrad Guangzhou 5 Hilton Hotels

No.222 Xingmin Road | 0.42km from Metro

Station:LieDe , Zhujiang New Town and

Wuyang New Town commercial area,

Guangzhou, China

2017 May.26-Opened

Inter Continental Hotels&Resorts 5Inter Continental Hotels

group

No.4 .Pazhou village,Haizhu

Area,Guangzhou2018

GUIZHOU

Grand Skylight International Hotel Zunyi 5 Grand Skylight Gongqing Road 1,Honghuagang District 2017 April

HAIKOU

Westin Haikou 5 Starwood Hotels Duhai Road, The Bund Center, Haikou,

Hainan2018 Will open(under construction)

The Ritz-Carlton, Haikou 5 CarltonNo.39 Yangshan Road, Longhua District,

Haikou2017 Jan.15

HARBIN

Sheraton Harbin Xiangfang Hotel 5 Starwood Hotels No.63 Xiangfu Road, Xiangfang District,

Harbin2015 September-opened

Kempinski Hotel Harbin 5 Kempinski No. 199, Innovation Road, Songbei District,

Harbin2015 May - Opened

Page 4 of 34

Page 5: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

CHINALast updated: 2018 QUARTER 3

KUNMING

Sofitel Kunming 5 AccorNo. 777, South Huancheng Road, Xishan

District, Kunming2016 May-Opened

Wanda Vista Kunming 5 WandaNo.888, Qianxing Road, Xishan district,

Kunming,China 2014 October - Opened

Qianxun Mowen Chanyi Hotel 5 Local investment No.439 Bailong Road (Inside Expo Park) ,

Expo Park, Kunming, China2017 May-Opened

DIQING

Shangri-la Diqing 5 Shangri-la Group Shangri-la ,Diqing,Yunnan,China 2015 August 03-opened

Gadan Manor 4 Local investment

East of Kangzhu Avenue (Entrance of

Xiangbala Little Town) , Shangri-La Bus

Station, Shangri-La, China

2017 June-Opened

LIJIANG

Hilton Garden Inn Hotel Lijiang 4 Hilton Hotels Shangri-la Ave 1271 Gu Cheng Distri, Li

Jiang, 674100, China2014 December - Opened

Amandayan 5 Aman Hotels No.29, Lion Mountain Road, Lijiang 2015 Feb,18

DALI

Hilton Dali Resort and Spa 5 Hilton Hotels Qili Bridge,Gantong

Temple,Dali,Yunnan,China2016 Jan-opened

Gnosis Hotel 4 Private Hotels No.79 Xuefu Road,Dali,Yunnan,China 2015 July -Opened

NINGBO

Langham Place, Ningbo Culture Plaza 4 Langham Hotels No. 2109 East Zhongshan Road, Jiangdong

District, Ningbo 315040 China2014 January - Opened

Nantang Yueju Hotel(Ningbo Railway

Station)5 Local investment

No.470 Yinfeng Road | 1.58km from Metro

Station:yunxialu , Ningbo Railway Station

Commercial Area, Ningbo, China

2017 May- Opened

Page 5 of 34

Page 6: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

CHINALast updated: 2018 QUARTER 3

SANYA

Sanya Shangri-la 5 Shangri-la Group No.88 Haitang North Road, Haitang Bay,

Sanya 572000, China2014 October - Opened

Seacube Resort 5 Local investment 193-3 Sanywan Road (Sanyawan Lu) 2014 February - Opened

Sofitel Sanya Leeman Resort 5 AccorNo.28 Tangbei Road Haitang

Bay,572014,Sanya,China2016 Early-Opened

Grand Hyatt Sanya Haitang Bay Resort &

SPA5 Hyatt

No. 68, Beitang North Road , Sanya

Begonia District Begonia Bay, Sanya 2016 July-opened

Joyvilla Haitang Bay Sanya 5 Local investment

No.128 North Haitang Road, Haitang

District,

572000 Sanya, China

2017 June-Opened

SHANGHAI

Sheraton Shanghai Jiading Hotel 5 Starwood Hotels No.66, Jiatang Road, Juyuan New Area

Shanghai2015 July.31

W Shanghai The Bund 5 Starwood Hotels No.66, Lushun Road, Hongkou District,

Shanghai2017 July.1

Sheraton Shanghai Chongming Hotel 5 Starwood Hotels

No.2888 Lanhai Road, Chongming Island,

Changxing Island, Hengsha Island,

Shanghai, China

2017 March 28-opened

MiniMax Premier Hotel Shanghai Hongqiao 5 Shimao NO. 505 FuquanBeilu , Shanghai, China 2015 December 22 -opened

The St Regis Shanghai Jingan 5 Starwood Hotels No.1008 Beijing West Road, West Nanjing

Road Commercial Area, Shanghai, China 2017 May 22-opened

Cordis Shanghai Hongqiao 5 Langham Hotels No.333 Shenhong Road, National Exhibition

and Convention Center, Shanghai, China 2017 May 26-opened

Amanyangyun Shanghai 5 AmanShanghai Shuguang and Yuanjiang Road

Interchange, Minhang District,Shanghai2018 Jan.08

Page 6 of 34

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

CHINALast updated: 2018 QUARTER 3

SHENZHEN

Hilton Garden Inn Shenzhen 4 Hilton Hotels No. 529, Xin Sha Road, Shajing Subdistrict,

Bao'An District, Shenzhen2014 January - Opened

Shenzhen Marriott Hotel Nanshan 5 Marriott Group No.88, Haide Yi Dao, Nanshan District,

Shenzhen, Guangdong, Chia 2015 December 08 -opened

Shenzhen Marriott Hotel Golden Bay 5 Marriott Group No 33 Zonglv Road, 518120 Shenzhen,

China2017 June.22-Opened

Hard Rock Hotel Shenzhen 5America Hard Rock

Group

No.9 Golf Avenue , Guanlan, Shenzhen,

China2017 Sep-opened and constructed

SICHUAN

The St Regis Chengdu Hotel 5 Starwood Hotels No.88 South Taisheng Road Chengdu,

Sichuani,China2014 December - Opened

TIBET

Shangri-La Hotel, Lhasa 5 Shangri-la Group No.19 Luobulinka Road, Lhasa, Tibet,i,China 2014 April - Opened

YANGSHUO

Banyan Tree Yangshuo 5 Banyan TreeNo.168 Zhengdong Street, Fuli Town,

Yangshuo County 541905, China2014 October - Opened

Amari Yangshuo 5 Amari Group

Building E, Yitian West Street, Yangshuo,

Guilin,

541900 Yangshuo, China

2017 April.28-Opened

XIAMEN

Langham Place, Xiamen 4 Langham Hotels No. 4668 Xianyue Road, Xiamen, Fujian 2014 February - Opened

XIAN

Wyndham Grand Xian South 5 Wyndham HotelsNo.208 Ci'en East Road, Qujiang New

District, Xi'an,Shanxi, China2014 August - Opened

Page 7 of 34

Page 8: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

CHINALast updated: 2018 QUARTER 3

Nanjing

Pulllamn Nanjing Lukou Airport Hotel 5 AccorNanjing Lukou Intl Airport,Jiangning

District,Jinagsu ,China2015 May-Opened

Jumeirah Nanjing 4 Jumeirah #9 Jinshajiang West Road, Jianye District,

Nanjing, Jiangsu2018

Chengdu

The Temple House Budicboutique Swire HotelsNo. 81 Bitieshi Street, Jinjiang District,

Chengdu, China2015 July.18-opened

Tangshan

Shangri-la Tangshan 5 Shangri-la Group No.889, Changhong West Road, Lubei

District, Tangshan, Hebei, 063000, China2015 August 28-opend

Jinghong

Wanda Vista Resort Xishuangbanna 5 Wanda Group

No.99 Yingbin Road, Wanda International

Resort, Jinghong, Xishuangbanna, Yunnan

Province, 666100, P.R. China

2015 Sept. 26

ZHANGJIAJIE

Country Garden Phoenix Hotel Zhangjiajie 5 Bigui Garden Group Banping Village, Shadi Xiang, Yongding

District, Yongding, Zhangjiajie, China2015 October 16-opened

GUANJUN FOREIGN RELATED TOURISM

HOTEL 5 Guanjun

No.306 Provincial Road (Guanjun No.1

Mansion) , Downtown Area, Zhangjiajie,

China

2017 Sep-opened

ZHUHAI

Sheraton Zhuhai Hotel 5 Starwood Hotels No.1663 Yin Wan Road, Wanzai, Xiang Zhou

District, 519000 Zhuhai, China2015 Novermber 28 -opened

Page 8 of 34

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

CHINALast updated: 2018 QUARTER 3

Zhuhai Marriott Hotel 5 Marriott Group

Building 9, No.177 Jinshan Road, Jida,

Xiangzhou District Zhuhai , Guangdong,

China

2016 Feb-opened

The Orient Impression Hotel 4 No.129 Qiaoguang Road , Gongbei District,

Zhuhai, China2017 Sep-opened

Page 9 of 34

Page 10: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

HONG KONG ISLAND

(A proposed hotel) TBA Local Investment 65 - 69 Shek Pai Wan Road, HK 2019 May

(A proposed hotel) TBA Local Investment Low Block, 26 Harbour Road, Wan Chai, HK 2019 End

(A proposed hotel) TBA Local Investment Oil Street, North Point, HK 2018 Q4

(A proposed hotel) TBA Local Investment 11 - 15A Lin Fa Kung Street East, Tai Hang, HK 2019 Sep

(A proposed hotel) TBA Local Investment 11 - 13 Lin Fa Kung Street West, Tai Hang, HK 2018 End (No more information)

(A proposed hotel) TBA Local + Foreign Investment 10 - 12 Stewart Road & 239 Jaffe Road, Wan Chai, HK 2020 Q4

(A proposed hotel) TBA Foreign Investment 225 - 227 Shau Kei Wan Road, Shau Kei Wan, HK 2019 End

(A proposed hotel) TBA Local Investment 25 - 27 Morrison Hill Road, Wan Chai, HK 2019 Aug

Hotel Ease Access Wan Chai TBA Local Investment 376 Lockhart Road, Wan Chai, Hong Kong 2018 Q2 Opened

Ocean Park Marriott Hotel TBA Local + Foreign Investment 180 Wong Chun Hang Road, Arbrdeen, HK 2018 End

(A proposed hotel) TBA Local Investment 320-330A Lockhart Road, Wan Chai, Hong Kong 2020 Feb

Ocean Park Fullerton Hote TBA Local + Foreign Investment Ocean Park, Tai Shue Wan, HK 2021

AKVO Hotel TBA Local 57 Jervois Street, Sheing Wan, HK 2018 Q2 Opened

Mercury 13 Hotel TBA Local 15 Mercury Street, North Point, HK 2018 Q2 Obtained Hotel License

HONG KONGLast updated: 2018 QUARTER 3

Page 10 of 34

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

HONG KONGLast updated: 2018 QUARTER 3

KOWLOON

Tribute Hotel TBA Local Investment 4 Tung Fong Street, Mong Kok, Kln 2018 Q2 Opened

IW Hotel TBA Local Investment 101 Wai Yip Street, Kwun Tong, Kln 2018 Q2 Opened

IND Hotel TBA Local Investment 326 Kwun Tong Road, Kwun Tong, Kln 2018 Q2 Opened

B & G Hotel TBA Local + Foreign Investment 164 Hai Tan Street, Sham Shui Po, Kln 2018 Q4Liberty Hotel Limited TBA Local Investment 189 - 193 Pei Ho Street, Sham Shui Po, Kln 2018 Q4(A proposed hotel) TBA Local Investment 114 - 116 Austin Road, Tsim Sha Tsui, Kln 2020 End(A proposed hotel) TBA Local + Foreign Investment 5 Kimberley Street, Tsim Sha Tsui,Kln 2018 End(A proposed hotel) TBA Local Investment 450 - 454 Portland Street, Mong Kok, Kln 2019 EndRosewood Hong Kong TBA Local Investment 18 - 24 Salisbury Road, Tsim Sha Tsui, Kln 2019 Q2Rosewood Hong Kong (Hotel 2) TBA Local Investment 18 - 24 Salisbury Road, Tsim Sha Tsui, Kln 2018 Q3Tung Nam Lou Hotel TBA Local + Foreign Investment 68 Portland Street, Yau Ma Tei, Kln 2018 Q4King's Park (XRL) Hotel TBA Local Investment 52 - 56 Kwun Chung Street, Jordan, Kln 2018 Q4(A proposed hotel) TBA Local Investment 5, 7 & 7A Hillwood Road, Tsim Sha Tsui, Kln 2018 Q4(A proposed hotel) TBA Local Investment 103 - 107 Tam Kung Road, To Kwa Wan, Kln 2018 Q3(A proposed hotel) TBA Local Investment 20 - 24 Tai Yau Street, San Po Kong, Kln 2020 EndI Hotel TBA Local + Foreign Investment 320 - 322 Kwun Tong Road, Kwun Tong, Kln 2018 Q4 (No more information)Butterfly on Austin TBA Local + Foreign Investment 148 - 150A Austin Road, Tsim Sha Tsui, Kln 2019 Q1 (A proposed hotel) TBA Local Investment 103 - 105 Tung Chau Street, Tai Kok Tsui Kln 2019 Mid(A proposed hotel) TBA Local Investment 3 - 5 Temple Street, Yau Ma Tei, Kln 2019 Apr(A proposed hotel) TBA Local Investment 210 - 212 Choi Hung Road, San Po Kong, Kln 2019 Oct(A proposed hotel) TBA Local + Foreign Investment 179 Prince Edward Road West, Mong Kok, Kln 2019 Q3(A proposed hotel) TBA Local Investment 428 Cha Kwo Ling Road, Yau Tong, Kln 2020 End(A proposed hotel) TBA Local Investment 575 - 575A Nathan Road, Yau Ma Tei, Kln 2018 End (No more information) iClub Mong Kok Hotel TBA Local Investment J/O of Anchor Street & Fuk Tsun Street, Tai Kok Tsui 2018 End(A proposed hotel) TBA Local Investment 28A Hung To Road, Kwun Tong, Kln 2019 Q2MAZE HOTEL TBA Local Investment 473-473A Nathan Road, Yau Ma Tei, Kln 2019 MAR(A proposed hotel) TBA Local 67-71, King Yip Street, Kwun Tong, KLN 2019 EndMW HOTEL TBA Local 5 Minden Avenue, Tsim Sha Tsui, Kln 2018 Q2 OpenedThe OTTO Hotel TBA Local 8 Cameron Road, Tsim Sha Tsui, Kln 2018 Q2 OpenedSoravit On Granville Hotel TBA Local 29 A, Granville Road, Tsim Sha Tsui, Kln 2018 Q2 Opened(A proposed hotel) TBA Local 32-34 Tang Lung Street, Causeway Bay, HK 2022 Early

Page 11 of 34

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

HONG KONGLast updated: 2018 QUARTER 3

New TerritoriesThe Pier Hotel TBA Local + Foreign Investment Pak Sha Wan, Sai Kung D.D. 210 Lot 535, NT 2018 Q2 Opened(A proposed hotel) TBA Local Investment Cheung Wing Road / Kwok Shui Road, NT 2020 Early(A proposed hotel) TBA Local Investment J/O of Siu Lek Yuen Road, Yuen Hong Street & Yuen Shun Circuits, Sha Tin, NT2019 Q3(A proposed hotel) TBA Foreign Investment Wai Man Road, Sai Kung, NT 2018 Q4Hotel Ease TBA Local Investment 15-19 Chun Pin Street, Kwai Chung, NT 2018 Q2 OpenedHotel Ease Access TBA Local Investment 12 Ka Hing Road, Kwai Chung, NT 2018 Q2 OpenedHotel COZI Resort TBA Local Investment 443-451 Castle Peak Road, Kwai Chung, NT 2018 Q4 Penta Hong Kong Tuen Mun TBA Local Investment 4 Kin Fung Circuit, Tuen Mun, NT 2018 Q2 OpenedSky City Marriott Hotel (Extention Project) TBA Local + Foreign Investment 1 Sky City Road East, Lantau Island 2020 Mid(A proposed hotel) TBA Local + Foreign Investment Site Ala, SkyCity, Chek Lap Kok, Lantau Island 2020 Oct

Page 12 of 34

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

CHAMPASAK

Best Western Champasak Resort 3 Lao + Foreigners

Ban Phathana Sanamxay (Thaoudom)

Near Mekong Paradise, Pakse district

(Mekong riverside), Champasak province

pending

Oriental Hotel 5 ONYX Group Huakhua-Phonthong On-going

LUANG PRABANG

ACCOR Pullman 5 Chinese Copper Mine CompanyOpposite Santi Resort & Spa,near golf course opened (soft opening)

Le Bel Air Boutique 4 Foreigners next My Dream 2018 Q4

Centra by Centara 3 Central Group 2020

Rosewood 5 Foreigners near Santi Resort opened

Houngvilay hotel 3 Lao Next to the morning market 2019 Q1

PAKBENG

Le Grand Pakbeng 3+ Lao + Foreigners Pakbeng district, Oudomxay province opened

PAKSE

Khristern Garden hotel 4 LaoBan Nonsavang, Pakse district,

(Mekong riverside), Champasak provincepending

Centara Plumeria Resort Pakse 4 Central Group 2020

Oriental Hotel 5 Vietnamese Huakhua-Phonthong on-going

VIENTIANE

Centara Grand 5 Central Group 2020

COSI 3 Central Group 2020

Hotel de la Seine by Burasari 4 Foreigners Riverside 2018 Q4

Laos Poet Hotel 4 Foreigners City Centre Opposite Viakorn Inn Opened

Last updated: 2018 QUARTER 3

LAOS

Page 13 of 34

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

JOHOR BAHRU

Hard Rock Hotel Desaru Coast 5 Hard Rock International Desaru, Johor 2018 Opened Aug/Sep

Ramada Encore Meridin Johor Bahru 4 Wyndham Hotel Group Iskandar, Johor Bahru 2018 Opened

Fraser Place Puteri Harbour 4 Frasers Hospitality Pte Ltd Iskandar, Johor Bahru 2018 Q4

The Westin Desaru Resort 5 Starwood Hotels and Resorts Desaru, Johor 2018 Dec

Capri by Fraser 4 Frasers Hospitality Pte Ltd Johor Bahru 2018

Pan Pacific Serviced Suites Puteri Harbour 4 Pan Pacific Hotels Group Iskandar, Johor Bahru 2018

Sheraton Nusajaya Medini 5 Starwood Hotels and Resorts Iskandar, Johor Bahru 2019 January

Citadines Medini Iskandar Puteri 4 Ascott Group Holdings Iskandar, Johor Bahru 2019 Q1

Anantara Desaru Resort & Villas 5 Anantara Hotels, Resorts & Spas Desaru, Johor 2019 Q1

Meliá Iskandar Malaysia 5 Meliá Hotels International Iskandar, Johor Bahru 2019 Q2

INNSIDE Iskandar Johor 5 Meliá Hotels International Iskandar, Johor Bahru 2019 Q2

OZO Medini Lakeside 4 ONYX Hospitality Iskandar, Johor Bahru 2019

Shama Medini Lakeside 5 ONYX Hospitality Iskandar, Johor Bahru 2019

Garden Inn by Hilton 5 Hilton Worldwide Tampoi, Johor Bahru 2019

Holiday Inn Johor Bahru City Centre 4 InterContinental Hotels Group (IHG) Johor Bahru 2020

KOTA KINABALU

Hotel Jen Kota Kinabalu 4 Jen Hotels / Shangri-la Group Kota Kinabalu 2018 Q4

New World Kota Kinabalu Hotel 5 New World Hotels & Resorts Karamunsing 2019

Alila Dalit Bay 5 Alila Hotels and Resorts Dalit Bay 2019 Q4

Citadines Waterfront Kota Kinabalu 4 Citadines Apart’hotels Kota Kinabalu 2021

Crowne Plaza Kota Kinabalu Waterfront 5 InterContinental Hotels Group (Asia Pacific) Pte Ltd Kota Kinabalu 2021

AVANI Kota Kinabalu 4 AVANI Hotels and Resorts Kota Kinabalu 2021

Royal Kinabalu Mountain Resort & Hotel Suites 5 Signforce Hospitality Sdn. Bhd. Kundasang Postponed indefinite date

KUCHING (SARAWAK)

Best Western Plus Kuching 4 Best Western Hotels & Resorts Kuching 2018 Q4

Promenade Hotel Kuching 4 Promenade Group Kuching 2018 Q4

Sheraton Kuching 5 Starwood Hotels and Resorts Kuching 2020 - December 31

Borneo Samariang Resort City 4 Sentoria Group Kuching 2019

Majestic Tower Hotel 4 To be advised Kuching Postponed indefinite date

MALAYSIALast updated: 2018 QUARTER 3

Page 14 of 34

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

MALAYSIALast updated: 2018 QUARTER 3

BINTULU (SARAWAK)

Fairfield by Marriott Bintulu 4 Marriott International Inc Naim Bintulu Paragon 2020

KUALA LUMPUR

Banyan Tree Kuala Lumpur 5 Banyan Tree Holdings The Pavilion Shopping Complex 2018 Opened July 1

Moevenpick Hotel & Convention Centre KLIA 5 Moevenpick Hotels & Resorts KLIA & F1 Sepang International Circuit 2018 Opened July 15

W Kuala Lumpur 5 Starwood Hotels and Resorts KL Jalan Ampang - 500m from KLCC 2018 Opened Aug 26

Four Seasons Place 6 Four Seasons KLCC 2018 Opened Aug

Ibis Hotel Kuala Lumpur City Centre 3 Accor Hotels KLCC - Jalan Yap Kwan Seng 2019 Opened Aug

Royale Pavilion Hotel 5 Banyan Tree Hotels and Resorts The Pavilion Shopping Complex 2018 Dec 1

Hyatt House 4 Hyatt International Mont Kiara 2018 Q4

CitizenM 4+ Artyzen Hospitality Group (AHG) Bukit Bintang 2018 Q4

The RuMa Hotel and Residences 5 Urban Resort Concepts KLCC - Jalan Kia Peng 2019

Monopoly Mansion by Sirocco 5 Hasbro Bukit Bintang 2019

Hotel Jen Kuala Lumpur 4 Shangri-La Hotels and Resorts Jalan Sultan Ismail - Jalan P. Ramlee 2019

Capri by Fraser, Jalan Imbi 4 Frasers Hospitality Pte Ltd Bukit Bintang 2019

Dash KLCC TBA Ri-yaz Hotels & Resorts TBA 2019

Marriott Executive Apartments Kuala Lumpur 4 Marriott International Inc TBA 2019

Park Inn by Radisson Putrajaya 4 Radisson Hotel Group  De Centrum City, Putrajaya 2019

thelivingroom Hotel 3 Ansa Hotels & Resorts (Berjaya Group) Bukit Bintang 2019 Q4

Four Points by Sheraton Kuala Lumpur 4 Starwood Hotels and Resorts Chinatown 2020 June 1

Park Hyatt Kuala Lumpur 5 Hyatt International Merdeka Stadium 2021

Fairfield by Marriott Kuala Lumpur 4 Marriott International Inc Jalan Pahang 2020

Fairmont Kuala Lumpur 5 Fairmont Hotels & Resorts KLCC 2020

The Kempinski Hotel Kuala Lumpur 5 Kempinski Hotels Jalan Conlay 2020

Jumeirah Hotel 5 Jumeirah Group KLCC - Jalan Ampang (Oxley Tower) 2021

Crowne Plaza Kuala Lumpur City Centre 5InterContinental Hotels Group (Asia

Pacific) Pte Ltd KLCC - Jalan Yap Kwan Seng 2021

Canopy by Hilton Kuala Lumpur 4 Hilton Worldwide Bukit Bintang 2021 Q4

JW Marriott Kuala Lumpur Sentral 5 Marriott International and YTL Hotels KL Sentral 2021

Radisson Red Kuala Lumpur City Centre 4+ Radisson Hotel Group KLCC 2022

Aloft Seri Kembangan 4 Starwood Hotels and Resorts Seri Kembangan 2022 July 1

So Sofitel Kuala Lumpur Hotel and Residences 5 Accor Hotels KLCC - Jalan Ampang (Oxley Tower) 2023

The Edition in Kuala Lumpur 5 Marriott International and YTL Hotels KLCC TBA

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Hotel Name Rating Affiliation Site Estimated Opening

MALAYSIALast updated: 2018 QUARTER 3

Marriott Hotel Empire City 5 Marriott Hotels & Resorts Petaling Jaya - Damansara Perdana Postponed indefinite date

Holiday Villa City Centre Kuala Lumpur 4 Holiday Villa Hotels & Resorts KL Jalan Mayang - Off Jalan Yap Kwan Seng Postponed indefinite date

Holiday Villa Selayang Star City 4 Holiday Villa Hotels & Resorts Selayang (Kuala Lumpur outskirt) Postponed indefinite date

Hilton Garden Inn Puchong 4 Hilton Worldwide Puchong Postponed indefinite date

LANGKAWI

Aloft Langkawi Pantai Tengah 4 Starwood Hotels and Resorts Langkawi, Pantai Tengah 2018 November 1

Rahsia Estates Resort Residences & Spa 5 Ri-yaz Hotels & Resorts Langkawi, Kedawang 2018 Postponed

Ri-Yaz Resort 4 Ri-yaz Hotels & Resorts TBA 2019

Parkroyal Langkawi Resort 5 Pan Pacific Hotels Group Langkawi, Pantai Tengah 2020

Wanda Realm Resort Langkawi 5 Wanda Hotels & Resorts Pantai Chenang 2021

MALACCA

Park Hotel Melaka 4 Park Hotel Group Kota Laksamana 2019

Courtyard by Marriott Melaka 4 Marriott International Inc Jalan Tun Sri Lanang 2019

Hyatt Place Melaka Gateway 5 Hyatt International Melaka Gateway 2019 Q4

Sheraton Melaka 5 Starwood Hotels and Resorts Klebang 2020 July 1

Meliá Melaka 4 Meliá Hotels International Melaka city centre 2020

Somerset Melaka Island 4  The Ascott Limited TBA 2022

NEGERI SEMBILAN

Quest Hotel and Convention Center Port Dickson 4 Archipelago International Port Dickson 2019 Q2

Best Western Mesa Hotel 4 Best Western Hotels & Resorts Nilai 2021 Q1

PENANG

Courtyard by Marriot Penang 4 Marriott International Jalan Burmah 2019

Capri by Fraser 4 Frasers Hospitality Pte Ltd TBA 2019

Dash Loft Gurney 3 Ri-yaz Hotels & Resorts Gurney Drive 2019

The Angsana Penang 5 Banyan Tree Group Teluk Bahang, Penang 2019 Q4

Citadines Batu Maung 4 Citadines Apart’hotels Batu Maung 2021 Q3

The Rice Miller Hotel and Godowns 5 AGB Sdn Bhd Weld Quay, Geogetown Postponed indefinite date

Jazz Hotel Penang by Ariva 5 Ariva Hospitality Tanjung Bungah Postponed indefinite date

Ozo Georgetown Hotel 4 ONYX Hospitality Georgetown Postponed indefinite date

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Hotel Name Rating Affiliation Site Estimated Opening

MALAYSIALast updated: 2018 QUARTER 3

KELANTAN

Mövenpick Hotel Kota Bharu 5 Moevenpick Hotels & Resorts Kota Bharu 2020

TERENGGANU

Mövenpick Resort & Spa Chendering 5 Moevenpick Hotels & Resorts Kuala Terengganu 2019

Perhentian Marriott Resort & Spa 5 Marriott International Perhentian Island 2020

PERAK

Ramada Resort Lumut 4 Wyndham Hotel Group Lumut Postponed indefinite date

RE-NAME OF HOTEL

Renaissance Kota Bharu rebranded as The Grand Renai Kota Bharu4 Local Kota Bharu Effective 2017 Dec 1Four Points by Sheraton Penang rebranded to

Mercure Penang Beach)3 Accor Hotels Penang Effective 2018 Oct 1

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

2017 Projects (Opened)

Fushi faru 5 MUNI Enterprises Pvt Ltd Lhaviyani Atoll 2017 - Nov

Roxy Maldives Resort (Noku Maldives) 5 Roxy Pacific Holdings Noonu Atoll Nov-17

Vakkaru Luxury Resort Maldives 5+ EFZY Holdings Pvt Limited Baa. Atoll Dec-17

Reethi Faru Resort (Filaidhoo Island) 4+ Reethi Beach and Cecilia Marketing Services GmbH Raa Atoll Dec-17

Robinson Club Orivaru 5 Robinson TUI & Momentum Maldives Noonu Atoll Nov-17

2017 Projects postponed to 2018

Hondhafushi Island 4 AAA Resorts Hanimaidhoo 2018

2017 Projects (Not opened)

LUX North Male'Atoll (Olhahali Island) 5 LUX* Resorts & Hotels Male' Atoll Jun-18

Maagau Resort Maldives 5 Baglioni Hotels Dhaalu Atoll Jun-18

Gran Melia Maldives (Kalhudhiyafushi Island) 5+ Gran Melia Hotels and Resorts Thaa Atoll 2017 October

Aarah 5 Aitken Spence / Adaaran Resorts Raa Atoll Dec-18

Ambaraa ? Ceylon Hotel Corporation Vaavu Atoll ?

Maavelavaru Resort & Spa 5+ Athama Investment Pvt Ltd (Managed by Mandarin Oriental Hotel Group) Noonu Atoll 2019

Vadinolhu Island Maldives 5 MUIRI Private Limited Laamu Atoll ?

The Patina, Thanburudhoo Maldives resort 5 Patina Hotels & Resorts Kaafu Atoll 2018

Kunavashi Island Retreat & Spa 5 CJL Investments Pvt Ltd (Chinese Construction Company) Vaavu Atoll 2018

Bodufaru Beach Resort 5 Browns Investment PLC, Eden Hotel Lanka PLC and Palm Garden Hotels PLC Raa Atoll 2018

Irundu Island Resort (DREAMLAND UNIQUE ISLAND RESORT & SPA)4 Happy Market Baa Atoll Feb-18

Mӧvenpick Resort & Spa Kuredhivaru Maldives 5 Mövenpick Hotels & Resorts Noonu Atoll 2018

Moravandhoo 5+ Alibey Maldives - Gürallar Group Turkey Raa. Atoll 2018

Kalhaidhoo 5 Lootah Hotel Management Shaviyani Atoll 2018

Sun Aqua Faandhoo 5 Sun Siyam Resorts Dhaalu atoll 2018

MALDIVESLast updated: 2018 QUARTER 3

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Hotel Name Rating Affiliation Site Estimated Opening

MALDIVESLast updated: 2018 QUARTER 3

2018 Projects

The Chedi Dhupparu 5 GHM Hotels & Resorts Haa Alifu Atoll 2018

Pullman Maldives Maamutaa Resort 5 Accor Hotels Gaaf Alifu Atoll 2018

RIU Place 5 RIU Hotels and Resorts Dhaalu Atoll Late 2018

RIU Classic 5 RIU Hotels and Resorts Dhaalu Atoll Late 2018

Westin Miriandhoo Island Resort 4+ Asia Capital Sri Lanka & Belluna Co. Ltd. of Japan. Baa Atoll Mid 2018

Rixos - Bodu Fhalu Reef (Unconfirmed) 5 Rixos Resorts Turkey Male Atoll (Lagoon) Late 2018

Oblu select at Sangeli Malddives 4+ Atmosphere Resorts Kaafu Atoll May-18

Emerald Maldives Fasmendhoo 5 Emil Resort Pvt Ltd Raa Atoll Oct-18

Faru Fushi Island Resort 5+ Universal Resorts Maldives Raa Atoll May-18

Hiriyafushi 5 Pulse Hotels & Resorts / Reollo Maldives Dhaalu Atoll 2018

Kudadoo 5 + Crown & Champa Resorts Lhaviyani Atoll 2018 March/April

The Sun Siyam Alivifushi 5 Sun Siyam Resorts Dhaalu atoll May-18

The Sun Siyam Dhigurah 5 Sun Siyam Resorts Noonu Atoll Jun-18

Hard Rock Hotel Maldives ? Hard Rock International Emboodhoo Lagoon Late 2018

Emerald Maldives Resort and Spa ? Emerald Collection Raa Atoll Oct-18

2019 Projects

Maamunahaui Island 5 HPL Company Raa Atoll 2019

AVANI Fares Maldives Resort 4+ Minor Group and Cyprea Maldives Baa Atoll 2019 November

Waldorf Astoria Maldives Ithaafushi Resort 5+ Goco Hospitality Thailand / Hilton Group South Male' Atoll 2019 Mid

Carpe Diem Beach Resort and Spa 5 Carpe Diem Maldives Pvt. Ltd. Raa Atoll 2019 End

Centara Grand Muthaafushi  Resort & Spa 5 Centara Hotels & Resorts / Muthaafushi Orient Investments Limited and Well Land InvestmentBaa Atoll 2019 grand opening

Chatwal Maaga Maldives  ? Dream Hotel Group & Alpha Kinam Holdings North Ari Atoll 2019

Feydhoo Finolhu ? Pearl Atoll Male Atoll 2019

Capella Maldives resort ? Capella Rah Falhu Huraa lagoon2019 End

Radisson Blu resort 5 Carlson Rezidor Hotel Group South Ari Atoll 2019

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Hotel Name Rating Affiliation Site Estimated Opening

MALDIVESLast updated: 2018 QUARTER 3

2020 Projects

Madivaru Maldives Resort & Spa (Former

Banyan Tree)5 Emaar Hospitality Group Kaafu Atoll 2019

Dream Gasveli Maldives 5 Dream Hotel Group & Alpha Kinam Holdings Meemu Atoll 2020

Undecided

Fushi faru 5 MUNI Enterprises Pvt Ltd Lhaviyani Atoll TBA

Lundhufushi Resort & Spa N/A Power Wise Capital Investments / Landscope International Properties LimitedRaa Atoll TBA

Hudhufushi Resort & Spa N/A Centara Hotels & Resorts / RPI Private Ltd Lhaviyani Atoll TBA

Ruhthibirah  N/A Island Aviation Services / MSN Reality Thaa Atoll TBA

Bodufaru Beach Resort N/A Eden Hotel Lanka PLC Raa Atoll TBA

Filaidhoo N/A ? Raa Atoll TBA

Berinmadhoo (Partly Developed) N/A ? Haa Alif Atoll TBA

Naagoshi N/A Maldives Tourism Development Corporation Hdh Atoll TBA

Gaakoshibee 5 GBH Maldives Resorts Pvt Ltd (owned by SC Capital Partners Group) Shaviyani Atoll TBA

Lagoon Development

Emboodhoo FalhuAsian brewery Boon Rawd Brewery partnership with Hard Rock Hotels to

manage the first phaseMale Atoll

First phase consisting three

islands set to be opened on

July 2018

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

BAGAN

Luxury boutique hotel (NTBA) 5 Sanda tour Bagan 2019

Tented water resort Phyuzin Group Bagan 2019

Bagan Village local Bagan 2018 - December

Mercure Bagan 3 Accor Bagan 2019

The Link Bagan 3 Eden Group Bagan under construction

Conrad Hilton Bagan 5 Eden Group Bagan, near Thiripyitsaya 2020

INLE

Hilton Inle 5 Hilton & Eden group Inle Lake 2020 Q1

Amata Garden Inle (extension 90 rooms) 4 Amata Hotel Group Inle Lake 2018 - October

Sky Palace Inle (60 rooms ) 3 Sky Palace Group Inle Lake ( Nanpan Hotel Zone ) 2019

Sky Palace Inle (60 rooms ) 3 Sky Palace Group Inle Lake ( Nanpan Hotel Zone ) 2019

Amazing Inlay Resort (32 rooms ) 3 Amazing Group Ingyin Kone Village, Inle 2018 August opened

Kalaw Silver Pine Hotel (22 rooms ) 4 Local Kalaw 2018 August opened

Hotel Mya Yar Pin ( 35 rooms ) 2 Local Kalaw 2018 September

MANDALAY

Novotel Mandalay Mingalar 4 Accor Mandalay pending

iBiS Styles Mandalay Centre Hotel (268 rooms) 3.5 Accor Mandalay 2019 - July

Pullman Mandalay Mingalar Hotel (358 rooms) 5 Accor & New Star Light and CAD Construction Mandalay 2018 Q2

Famous Hotel Mandalay 4 Famous Hotel Group Mandalay 2019 Q4

MGallery by Sofitel Accor Mandalay 2020

Ramada Wyndham Hotel Group Mandalay 2018 - December

The Link 72 (60 rooms) 3 Eden group Mandalay 2019 Q3

MERGUI ARCHIPELAGO

Awei Pila 5 Memories Group Kyun Pila Island, Mergui Archipelago 2018 mid-November

Wa Ale Resort 5 Kaw Thaung Island Tortoise island 2018 October

115 Island Resort Htoo Group 115 Island, Kawthaung 2019 Q1

MYANMARLast updated: 2018 QUARTER 3

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Hotel Developments Report

MYANMARLast updated: 2018 QUARTER 3

YANGON

Rosewood Yangon (rebranded Kempinski Heritage Yangon) 5 KANOK & JLC Strand Road, (state house) 2018 December

Grand Mercure Golden Empire (Pullman & Sebel ) 5 Accor South Oakkalar 2018 July - Opened

Summit Park View (Extension 200 rooms) 4 Singaporean Ahlone Road pending

The Peninsula Yangon 5 Yoma Strategic Holding Singapore Bogyoke Road (Myanma Railway Old builing)2021

Dusit Thani Yangon 5 Dusit International Yangon (9miles) 2019 Q4

Sheraton Yangon Hotel (375 rooms) 5 Starwood Hotels & Resorts worldwide and Family Yangon 2019 August

Green Terrace by Amata 4 Amata Group Yangon, Near Mingalardon Golf pending

Excelsior Hotel Apple Tree group & Exo Travel Yangon 2018 July - Opened

Wyndham Grand Yangon Royal Lake Hotel 260 Wyndham Hotel Group Yangon 2018 mid-October (soft opening)

Famous Hotel Yangon 4 Famous Hotel Group Yangon pending

Conrad Yangon (near junction square) 5 Hilton + Shwe Taung Yangon pending

Hilton Airport Hotel Hilton Yangon Airport pending

Courtyard by Marriott (200 rooms) Marriott Yangon 2019

Awei Metta Memories Group Yangon, Pun Hlaing Estate 2019

Muse

iBiS Hotel (200 rooms) 3.5 Accor & New Star Light and CAD Construction Muse 2019 Q1

Ngwe Saung

Windsong Hotel Local investment Ngwe Saung pending

International standard Hotel Thai company Pongpipat Development Htee Khee village in Dawei 2021

Mawlamyine

Hotel Suggati Memories Group Mawlamyine 2018 mid-December

Hpa An

Zwekabin Valley Dawna alliance group Hpa-an 2019 Q1

My Hpa An Residence by Amata Amata Group Hpa-an 2019 February

Myitkyina

The Link Eden Group Myitkyina under construction

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Hotel Name Rating Affiliation Site Estimated Opening

BUGIS

Andaz Singapore 5 Hyatt Fraser Street 2017 Q4 opened

CIVIC DISTRICT

The Capitol Kempinski (renamed from Patina) 5 Stamford Road 2018 Q4

NOVENA/NEWTON/BAESTIER

Courtyard by Marriott 5 Marriott Irrawaddy Road 2017 Q4 opened

CHANGI AIRPORT

Yotelair Yotel Changi Airport 2019 Q2

CIVIC DISTRICT

The Capitol Kempinski (renamed from Patina) 5 Stamford Road 2018 October

SENTOSA/HARBOURFRONT

Outpost Hotel Far East Hospitality Sentosa Island 2019 Q2

Village Hotel Far East Hospitality Sentosa Island 2019 Q2

The Barracks Far East Hospitality Sentosa Island 2019 Q2

CHINATOWN

Six Senses Duxton 5 Six Senses Duxton Road Apr 18 - Opened

Six Senses Maxwell Six Senses Maxwell Road 2018 December

Capri by Frasers Frasers Hospitality China Square Central 2019 Q1

EAST COAST

Dusit Thani Laguna Dusit Thani East Coast 2019 Q1

REFURBISHMENT OF HOTELGrand Park City Hall Park Hotel Civc District 2018 Q4Raffles Hotel 5 Accor Civic District 2019 Q2

SINGAPORELast updated: 2018 QUARTER 3

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

BERUWALA

Riverina Beach Hotel TBA Browns Hotels (aka LOLC) Beruwala 2020 Q1

BALAPITIYA

Dusit Thani Apartments Indola Group Balapitiya 2019 Q4

COLOMBO

Sheraton TBA Sheraton Colombo 2019 March

Marino Beach 5 Damro Group Colombo 2018 August - Opened

Cinnamon Life 5 Keells Colombo 2020 October

ITC Colombo ONE 5 ITC Ltd. Colombo 2021 Mid

Horton Square St. Regis TBA Zhongtian Group Colombo 2020

DAMBULLA

Anilana TBA Anilana Dambulla 2020

GALLE

Serenia Residences Apartments Serenia Ltd Galle 2019 December

HATTON

Uga Hills TBA Uga Escapes Hatton 2020 Q1

SRI LANKALast updated: 2018 QUARTER 3

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

SRI LANKALast updated: 2018 QUARTER 3

KANDY

Jetwing Kandy Gallery TBA Jetwing Kandy 2019 End

Hilton Kandy TBA Hilton Group Kandy Between 2019-2025

Pekoe House Boutique Teardrop Kandy 2019 Q1

KOSGODA

Sheraton Turtle Beach Kosgoda TBA Browns Group Kosgoda 2019 May

Hilton Kosgoda TBA Hilton Group Kosgoda Between 2019-2025

KATUNAYAKE

DoubleTree by Hilton TBA Hilton Group Katunayake Between 2019-2025

NEGOMBO

DoubleTree by Negombo TBA Hilton Group Negombo Between 2019-2025

NUWARA ELIYA

DoubleTree by Hilton TBA Hilton Group Nuwara Eliya Between 2019-2025

Goat Feil Boutique Teardrop Nuwara Eliya 2018 October

SIGIRIYA

Sigiriya Resort TBA Resplendent Ceylon Sigiriya 2019 November

TRINCOMALEE

JA Eclipse Beach Resort TBA Gravity Resort Group (GRG), Kathiravelion 2018 End

WEERAWILA

Rajawarana Resort 5 DoubleTree by Hilton Weerawila 2019 Q1

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

SRI LANKALast updated: 2018 QUARTER 3

YALA

Hilton Yala TBA Hilton Group Yala Between 2019-2025

ELLA

Nine Sky Ella Boutique Teardrop Ella 2018 November

Ahangama

Harding Boutique Hotel Boutique Ahangama 2019 Q3

Talpe

Thamba Villas Villas Talpe 2020 End

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Hotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

BANGKOK Sharma Lakeview Asoke Bangkok 4 ONYX Sukhumvit 2018 April 01 - OpenedBangkok Marriott Hotel The Surawongse 5 Marriott Hotel & Resort Bangrak 2018 April 25 - OpenedEastin Thana City Golf Resort 4 Absolute Hotel Bangkok 2018 April 01 - OpenedW22 by Burasari 3 Burasari's Group China Town 2018 July 28 - OpenedWaldorf Astoria Bangkok 5 Hilton Bangkok 2018 August 30 - OpenedHyatt Regency Sukhumvit Soi 13 5 Hyatt Sukhumvit Q4 2018Bangkok Edition Hotel 5 Marriott Hotel & Resort Bangkok 2018 October 31Novotel Bangkok sukhumvit 4 4 Accor Sukhumvit 2018 October 01 - OpenedIbis Styles Bangkok sukhumvit 4 3 Accor Sukhumvit 2018 October 01 - OpenedCapella Hotel Bangkok 5 Capella Hotel & Resort Chao Phraya Riverside AreaQ4 2018Four Season Private Residences Bangkok 5 Four Season Riverside Q4 2018Dusit thani Bangkok 5 Dusit Hotel & Resort Bangkok 2019 Jan 05 - expect to closePullman Bangkok Impact 4 Accor Bangkok 2019Rosewood Bangkok 5 Rosewood Hotel & Resort Bangkok 2019X2 Bangkok Silom Hotel 5 BHM Asia Silom 2019Eastin Hotel Harbour Bangkok 4 Absolute Hotel Services Sukhumvit Q1 2019Steigenberger Hotel Riverside Bangkok 5 Deutsche Hospitality Bangkok Q1 2019Mercure & Ibis Bangkok Sukhumvit 24 4 Accor Sukhumvit Q4 2019Staybridge Suites Bangkok Thonglor 4 IHG Sukhumvit Q4 2019Dusit D2 Chaeng Wattana 5 Dusit Hotel & Resort Bangkok 2020Kimpton Bangkok 4 IHG Lumpini 2020Nailert Park Hotel and Residence 5 Local Bangkok 2020Holiday Inn Express Bangkok China Town 4 IHG China Town 2020 Jun 01Holiday Inn Express Bangkok Ratchada 3 IHG Ratchada 2020 Jun 01Best Western Chatuchak 4 Best Western Bangkok Q1 2020Best Western Nada Don Mueang 4 Best Western Don Mueang AirportQ4 2020The Langham Bangkok at Chao Phraya River 5 Langham Hospitality Chao Phraya Riverside Area2021Six Sense Forestias Six Sence Bangkok 2022

THAILANDLast updated: 2018 QUARTER 3

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THAILANDLast updated: 2018 QUARTER 3

CHIANGMAIRaya Heritage 5 Local Chiang Mai 2018 June 15 - OpenedMaekok River Village Resort 4 Local Chiang Mai 2018 September 01 - OpenedHOP INN Chiang Mai 3 Erawan Group Chiang Mai Q4 2018

CHONBURI

HOP Inn Chonburi 3 Erawan Group Chonburi 2018 August 01 - Opened

Holiday Inn & Suite Sriracha Laem Chabang 4 IHG Sriracha-Laem Chabang2020 Mar 01Novotel Marina Bay Sriracha 4 Accor Sriracha Q4 2019Staybridge Suites Chonburi Sriracha 4 IHG Sriracha Q4 2020

HUA HINMovenpick Asara Resort & Spa Hua Hin 5 Movenpick Hotel & Resort Hua Hin 2018 April 01 - OpenedU Hua Hin 5 Absolute Hotel Services Hua Hin Q1 2020

KRABIAnana Boutique Resort Krabi 4 Local Tubkaak Beach 2018 NovemberBanyan Tree Krabi 5 Banyan Tree Group Tubkaak Beach 2019Cosi Krabi Ao Nang Beach 3 Centara Hotel & Resort Ao Nang Beach 2020Club Med Krabi Resort & Residence 4 APEX Development Hadyao Beach 2021

PATTAYAThe Rizin Hotel & Residences Pattaya 4 local Pattaya 2018 August 01 - OpenedU Jomtien 5 Absolute Hotel Services Jomtien beach 2018 September 14 - OpenedNovotel Sriracha Marina Bay 4 Accor Sriracha Q4 2018Holiday Inn Express Pattaya Central 4 IHG Pattaya 2019 December 01Ibis Styles South Pattaya 3 Accor South Pattaya 2019COSI Pattaya Naklua Beach 3 Centara Hotel & Resort Pattaya 2019Dream Resort & Spa Na Jomtien 4 Dream Hotel Group Na Jomtien 2020OZO Pattaya 3 ONYX Pattaya 2020U North Pattaya 5 Absolute Hotel Services North Pattaya 2020

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THAILANDLast updated: 2018 QUARTER 3

PHANG NGATreeHouse Villas Koh Yao 5 Local Koh Yao Noi 2018 January 07 - OpenedDevasom Khaolak 5 Local Khuk Khak Beach 2018 December 24Intercontinental Koh Yao Yai 5 IHG Koh Yao Yai 2020 March 01Pullman Khaolak Resort 4 Accor Khao lak 2021Holiday Inn Resort Khaolak Cape Pakarang 5 IHG Bang Niang 2027

PHUKETHilton Phuket Patong Resort 5 Hilton Patong Beach Q4 2018Park Hyatt Phuket 5 Hyatt Phuket 2018Bill Bensley design in Phuket 5 Kempemski Hotel Phuket 2018Ramada Chaofa Phuket 4 Wyndham Phuket 2018Dinso Resort 4 Local Phuket 2018 May 01 - OpenedAvista Grand Phuket Karon 5 Accor Karon Beach 2017 December 01 - OpenedKempinski Resort & Spa Phuket 5 Kempemski Hotel Phuket Q4 2018Hotel Indigo Phuket Patong 5 IHG Patong Beach 2019 January 15Intercontinental Phuket Resort 5 IHG Kamala Beach 2019 November 01137 Pillar Estate Phuket 5 137 Pillas Hotels & ResortsKata Beach 2019Courtyard by Marriott Phuket Chalong Bay 5 Marriott Hotels & Resort Phuket 2019JW Marriott Phuket Resort& Spa Chalong Bay 5 Marriott Hotels & Resort Phuket 2019OZO Phuket 3 Onxy Hospitality Phuket 2019Dusit D2 Phuket Aria,Surin Beach 5 Dusit Surin beach 2020Santhiya Phuket Natai Resort & Spa 5 Local Natai Beach 2019Travelodge Phuket Town Absolute Hotel Phuket 2020Park Inn by Radisson 4 Radisson Hotel Group Phuket Q1 2020Sheraton Phuket Grand Bay Resort 5 Starwood Phuket Q2 2020Sofitel Phuket Hotel & Residence 5 Accor Phuket Q2 2020Miliá Phuket Maikhao 5 Miliá Hotels international Maikhao 2021Mandarin Oriental Phuket 5 Mandarin Oriental Hotel GroupPhuket 2022

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THAILANDLast updated: 2018 QUARTER 3

PRANBURIPark Regis Pranburi 5 StayWell Hospitality GroupPranburi Q4 2019

RAYONGHyatt Regency Rayong 5 Hyatt Rayong 2018

SAMUISala Samui Chaweng Beach 5 Sala Hospitality Group Chaweng Beach 2018 January 16 (PHASE 1 – THE OCEANFRONT WING ) - OpenedSala Samui Chaweng Beach 5 Sala Hospitality Group Chaweng Beach 2019 April 02 - ( Garden Wing )Avani Sunset Coast Samui Resort & Villas 5 Minor Samui 2018 - RebrandCape Fahn Hotel, private Island Samui 5 Cape & Kantary Hotels Koh Samui 2018 October 20Ibis Styles Samui Chaweng Beach 3 Accor Chaweng beach 2018 DecemberHoliday Inn Resort Samui Bophut 4 IHG Samui 2018Holiday Inn Express Samui Bophut 4 IHG Samui 2019So Sofitel Samui 5 Accor Koh Samui 2020

SURATTHANIIbis Styles Suratthani 3 Accor Suratthani 2018 December

RE-NAME OF HOTELDusit Princess Korat rebranded as Imperial Hotel and convention Centre Korat 4 Imperial Nakornratchasrima Effective from 2017 December, 27Amari Boulevard Bangkok will debrand to Boulevard Hotel Bangkok 4 Local Bangkok Effective from 2018 January, 01Dheva Mantra Resort rebranded to Away Kanchanaburi Dheva Mantra Resort & Spa 5 BHM Asia Kanchanaburi Effective from 2018 February 01The Elements Boutique Resort rebranded to Sunset Coast Samui Resort & Villas 5 Minor Samui Effective from 2018 February 01Novotel Pattaya Modus Beach Front rebranded as Pattaya Modus Beachfront Resort 4 Local Pattaya Effective from 2018 February, 09Vogue Resort & Spa debrand from Mosaic Collection by ONYX Hospitality Group 4 Local Krabi Effective from 2018 March, 01Somerset Lake Point rebranded as Shama Lakeview Asoke Bangkok 4 ONYX Hospitality Group Bangkok Effective from 2018 April, 01Radisson Blu resort Hua Hin renamed to Ace of Hua Hin Resort 4 Local Hua Hin Effective from 2018 April, 01Foto Hotel rebranded to The Galleri by Katathani 5 Kata Group Phuket Effective from 2018 May,01Ibis Style Chiang Khong Riverfront renamed as Chiang Khong Teak Garden Hotel 3 Local Chiang Khong Effective from 2018 July, 12D Varee Diva Kiang Haad Beach renamed as The Serenity Hua Hin by D Varee 4 Local Hua Hin Effective from 2018 August, 01Dusit Island Resort rebranded to The Riverie by Katathani Chiang Rai 5 Kata Group Chiang Rai Effective from 2018 September, 21The Nap Patong rebranded to X2 Vibe Phuket Patong 3 BHM Asia Phuket Effective from 2018 September, 01Sunset Coast Samui resort & Villas rebranded to Avani+ Samui 4 Minor Samui Effective from 2018 December, 21

Majestic Grande rebranded to Double Tree by Hilton Bangkok Phoenchit 4 Hilton Bangkok Effective from 2019 February, 01

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Page 31: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

VIETNAMHotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

CAM RANH/ NHA TRANG/ NINH THUAN PROVINCE

Movenpick Resort Cam Ranh Bay 5 Movenpick Hotels & Resort TBA 2019 Q1/2

Wyndham Grand Cam Ranh 5 Wyndham Hotel Group TBA 2020

VINPEARL NHA TRANG BEACH FRONT CONDOTEL 5 Vingroup Joint Stock

Company

Tran Phu, Nha Trang 2018 Sep - Opened

VINPEARL NHA TRANG EMPIRE CONDOTEL 5 Vingroup Joint Stock

Company

2018 Mar - Opened

DANANG

Hilton Hotel Danang 5 Hilton Worldwide Danang City 2019 Q1

Lang Van Tourist Village 5 Vinpearl JSC Lan Van Bay near Danang 2020

The Empire Residences & Resorts 5 Thang Do Group Non Nuoc Beach 2018 Q4

VINPEARL DA NANG RIVERFRONT CONDOTEL 5 Vingroup Joint Stock

Company

Danang City 2018 May - Opened

BAY VIEW DA NANG - Little Luxury Hotel & Spa 5 The Little Hoi an Group Bạch Đằng,Thành phố Đà Nẵng 2018 Dec

SHERATON GRAND DANANG RESORT TBA Starwood Hotels & Resorts

Worldwide Inc.

Truong Sa Street

Ngu Hanh Son District

2018 Jan - Opened

Wyndham Soleil Danang 5 Wyndham Hotel Group TBA 2019 Q2Ariyana Beach Resort and Suites Danang Furama Management Vo Nguyen Giap 2020

DONG HOI

Vinpearl Dong Hoi Hotel 5 Vinpearl JSC Dong Hoi 2018 June - Opened

Last updated: 2018 QUARTER 3

Page 31 of 34

Page 32: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

VIETNAMHotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

Last updated: 2018 QUARTER 3

HANOI

D'San Raffles Complex TBA Tan Hoang Minh Group Hai Ba Trung & Hang Bai street Under construction

Mercure Hanoi Hado 4 Accor Cat Linh Street Under construction

Hilton Hanoi westlake and Doubletree westlake 5 Hilton Worlwide Ha Noi 2020

Four seasons hotel 6 Four season Group near Hoan Kien lake, Ha Noi Under construction

HA NAM

VINPEARL HA NAM CONDOTEL 5 Vingroup Joint Stock

Company

Ha Nam 2018 December

HOI AN

Little Riverside Hoi An 5 The Little Hoi an Group 134 Huyền Trân Công Chúa, Cẩm Châu, Hội An 2018 July - Opened

BAY VIEW HOI AN - Little Luxury Hotel & Spa 4 The Little Hoi an Group Đào Duy Từ, Cẩm Phô,Thành phố Hội An, tỉnh Quảng Nam2019 Mar

Ozo Hoi An 5 ONYX Group An Bang beach 2018 Q3

X2 Vibe Hoi An Residence TBA BHMAsia An Bang Beach 2018 Q3

VINPEARL NAM HỘI AN RESORT & VILLAS 5 Vingroup Joint Stock

Company 2018 Apr - Opened

HUE

VINPEARL HUE HOTEL 5 Vingroup Joint Stock CompanyHue 2018 July - Opened

Mövenpick Resort Lang Co 5 Movenpick Hotels & Resort Hue 2019 Q3

HO CHI MINH CITY

Hilton Ho Chi Minh 5 Hilton Worlwide Ho Chi Minh city 2020

MAI HOUSE Saigon 5 Invision Hospitality 157 Nam Ky Khoi Nghia, District 3, Ho Chi Minh 2019 February

VINPEARL LANDMARK 81 – HO CHI MINH 5 Vingroup Joint Stock CompanyHo Chi Minh city 2019 Apr

Page 32 of 34

Page 33: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

VIETNAMHotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

Last updated: 2018 QUARTER 3

HO TRAM & VUNG TAU PROVINCE

Best Western Oceanami Hotel & Resort 4* Best Western International Vung Tau City Under construction

Fusion Suite Vung Tau 5 Serenity Holding Vung Tau City 2019 Q1

LAO CAI & SAPA

Mercure Sapa Resort & Spa 4 Accor Ly Village, Lao Chai Commune, Sapa District, Vietnam2018 Q4

Mgallery Sapa 5 Accor 2018 Oct

LANG SON

VINPEARL LANG SON HOTEL 5 Vingroup Joint Stock CompanyLang Son 2018 Aug - Opened

PHU QUOC

Holiday Inn Phu Quoc 4 Intercontinental Hotels

Group

Rach Gia, Ham Ninh, Phu Quoc, Kien Giang 2020 end

Sunset Sanato 5 99 Mountains Corp. Northern Beach, Duong To ward, Phu Quoc 2018 December

Sonasea Villas & Resorts 5 CEO Group (C.E.O

Investment JSC)

Truong Beach, Duong To ward, Phu Quoc Under construction

Star Bay Resort 5 Hoa Binh company Phu Quoc Northern Under construction

INTERCONTINENTAL PHU QUOC LONG BEACH RESORT 5 Intercontinental Hotels Group Duong To, Phu Quoc, Kien Giang 2018 August - Opened

Mövenpick Resort Wavery Phu Quoc 5 Movenpick Hotels & Resort TBA 2019 Q1/2

Premier Village Phu Quoc 5 Accor 2018 April - Opened

Premier Residences Phu Quoc 5 Accor Postponed

The Radisson Blu Resort Phu Quoc 5 Radisson Blu Bai Dai Area, Ganh Dau CommunePhu Quoc District, Kien Giang Province2018 Q2 - Opened

QUANG NAM PROVINCE

Sheraton Hoi An Tam Ky Resort & Spa 5 Starwood Hotels and Resorts

Worldwide

Binh Phu Village, Tam Tien Commune, Núi

Thành

Postponed

QUANG BINH PROVINCE

VINPEARL QUANG BINH HOTEL 5 Vingroup Joint Stock CompanyQuang Binh 2018 June - Opened

QUY NHON

Movenpick Resort Quy Nhon 5 Movenpick Hotels & Resort TBA Jul-05Anantara Quy Nhon Villas 5 Minor Hotel Group Bai Xep bay, Quy Nhon 2018 September - Opened

Page 33 of 34

Page 34: BHUTAN - Diethelm Travel Group · Rosewood Siem Reap (Rosewood Hotels & Resort) 5 Foreign Investment Siem Reap, Cambodia 2019 Memoire Palace Resort & Spa 5 Local Investment Phsar

VIETNAMHotel Developments Report

Hotel Name Rating Affiliation Site Estimated Opening

Last updated: 2018 QUARTER 3

VUNG TAU

Mercure Vung Tau 4 Accor Postponed

HA LONG/ QUANG NINH

FLC Ha Long (Situated in the hills and having a wonderful

panorama of the Ha Long Bay, FLC Ha Long includes properties

such as an 18-hole golf course, a well-equipped and luxuriously-

designed international conference center, a 5-star hotel, and a

high-end resort compound.)

5 FLC group Hong Ha ward, Ha Long city, Quang Ninh province

2018 Q4

Legacy Yen Tu - Mgallery by Sofitel 5 Accor Quang Ninh 2018 Sep - Opened

CON DAO

HAI PHONG

Doubletree Do Son 5 Hilton Worldwide Do Son Under construction

Vinpearl Hai Phong 5 Vingroup Joint Stock CompanyHai Phong 2018 December

Hilton Hai Phong 5 Hilton Worldwide Hai Phong Under construction

Mercure Hai Phong 3 Accor Hai Phong 2018 Apr - Opened

TAY NINH PROVINCE

Vinpearl Tay Ninh hotel 5 Vingroup Joint Stock CompanyTay Ninh 2018 December

THANH HOA PROVINCE

Vinpearl Thanh Hoa hotel 5 Vingroup Joint Stock CompanyThanh Hoa 2018 June - Opened

Page 34 of 34