notes to the financial statements - Pphg.com

A BRAND
44 new era
sOUTHEAsT AsiA
mALAysiA
PARKROyAL
KUALA LUmPUR
Discover an authentic mix of
tradition and modernity at this
426-room hotel in the heart of
Kuala Lumpur’s trendy Golden
Triangle, the capital’s main
commercial and retail district.
AVERAGE
OccUPAncy:
AVERAGE
ROOm RATE:
REVEnUE PER
AVAiLABLE
ROOm:
remained flat
against 2009
+17%
+17%
ViETnAm
PARKROyAL sAiGOn
This 193-room hotel, offers easy
access to Ho Chi Minh City,
and is minutes from the Tan
Son Nhat International Airport
and Exhibition and Convention
Centre. Renovation for the
hotel will be carried out in 2011,
including refurbishments to the
guestrooms, expansion of the
event spaces and enhancements
to guest facilities.
AVERAGE
OccUPAncy: +10%
points
AVERAGE
ROOm RATE:
REVEnUE PER
AVAiLABLE
ROOm:
* All figures are compared year on year over 2009.
pan paCifiC hOteLs GrOup LiMited
PARKROyAL
PEnAnG REsORT
An idyllic 309-room resort
hotel overlooking lush greenery
and the Batu Ferringhi beach.
Occupancy and room rates were
marginally affected by the reopening
of a competitor hotel
previously under renovation.
AVERAGE
OccUPAncy:
AVERAGE
ROOm RATE:
REVEnUE PER
AVAiLABLE
ROOm:
-3%
points
+1%
-3%
sOFiTEL PLAzA HAnOi
Pan Pacific Hotels Group holds
a 75% interest in this luxurious
hotel. It features 309 well-
appointed rooms showcasing
scenic views of the West Lake
and Red River in Hanoi, and
convenient access to the city.
myAnmAR
PARKROyAL
yAnGOn
Old-world charm and stately
elegance feature at this 267room
property surrounded by
Yangon’s cultural landmarks
in the heart of the city. Pan
Pacific Hotels Group holds a
95% interest in the hotel.
AVERAGE
OccUPAncy:
AVERAGE
ROOm RATE:
REVEnUE PER
AVAiLABLE
ROOm:
+12%
points
+17%
+41%
sOFiTEL sAiGOn PLAzA
And cEnTRAL PLAzA
With 287 rooms and 11 spacious
suites, this hotel in which Pan
Pacific Hotels Group has a
26% interest, is enlivened by
breathtaking city views and
a historic address on LeDuan
Boulevard, the main commercial
and diplomatic precinct. As part
of its repositioning to the new
Sofitel brand standard, the hotel
renovated 18 club guestrooms
and 10 suites and will be
refurbishing its bar in 2011.
AVERAGE
OccUPAncy: +11%
points
AVERAGE
OccUPAncy: +9%
points
AVERAGE
ROOm RATE: -4%
AVERAGE
ROOm RATE: -12%
-2%
+14%
REVEnUE PER
AVAiLABLE +13%
REVEnUE PER
AVAiLABLE +2%
ROOm:
ROOm:
PEOPLE’s
REPUBLic
OF cHinA
75%
70%
65%
60%
55%
50%
45%
40%
0%
Tourism Landscape
Arrivals into China in 2010 increased by 6% compared to the same
period in 2009. Overall China’s hotel occupancy improved by 14
percentage points with ARR increasing by 13%. In the East China
region which includes Fujian and Jiangsu, occupancy and ARR
also improved but at a lower rate of 7 percentage points and 4%
respectively.
Group Performance
During the year, occupancy decreased by 3 percentage points
while ARR declined by average of 9%. The weak performance in
both occupancy and ARR was due to increased competition.
REVEnUE PER
AVAiLABLE
ROOm:
45
PAn PAciFic sUzHOU
This 481-room hotel is set in
magnificent Suzhou gardens
and intricate landscapes, fusing
traditional architecture with
modern luxuries.
AVERAGE
OccUPAncy: -9%
points
AVERAGE
ROOm RATE:
OccUPAncy REVPAR (s$)
REVEnUE (s$’m)
160
140
120
100
80
60
40
20
0
40
35
30
25
20
15
10
5
0
-9%
-25%
2006 2007 2008 2009 2010 2006 2007 2008 2009 2010 2006 2007 2008 2009 2010
Owned and ManaGed
Owned and ManaGed BY third partY
ManaGed
Owned and ManaGed
Owned and ManaGed BY third partY
ManaGed
* All figures are compared year on year over 2009.
Owned and ManaGed
Owned and ManaGed BY third partY
ManaGed
ANNUAL REPORT 2010