TTG Asia
Asia/Singapore Wednesday, 8th April 2026
Page 1882

Anbang raises Starwood stake to US$14 billion

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The Sheraton Changbaishan Resort, part of Starwood’s portfolio

CHINA’s Anbang Insurance Group, in a continued fight for Starwood Hotels & Resorts Worldwide, has raised its stake for the hotel chain to nearly US$14 billion, outbidding Marriott International’s approximately US$13.6 billion offer announced early last week.

Anbang, along with a consortium comprising Primavera Capital Group and J.C. Flowers & Co., is offering Starwood US$82.75 a share in this latest round, up from Marriott’s roughly US$79.53 per share last offered in an ongoing bidding war.

Starwood stated in a release yesterday that Anbang’s cash offer is likely to result in a superior deal to Marriott’s cash-and-stock proposal.

Discussion with the Anbang-led consortium is still continuing, and Starwood further added that “there can be no assurance that discussions will result in a binding proposal from the consortium.”

At current, Starwood shareholders are slated to meet on April 8 to approve the Marriott deal, with the transaction expected to close by mid-2016.

If Starwood decides not to go ahead with the deal, termination fees payable to Marriott amounts to US$450 million.

Analysts earlier interviewed by TTG Asia e-Daily expect Marriott to not respond with any further counter proposals and will likely walk away if Starwood decides to take up Anbang’s offer.

Langham sweetens deal for meeting planners

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LANGHAM Hospitality Group is bringing back the Double the Extra Mile Plus programme, which rewards meeting planners with perks such as a special miles accrual rate and complimentary accommodation and use of select event facilities.

For qualified events with spending of US$6,500, meeting and event planners could enjoy double hotel rewards or miles accrual under any of the 11 selected frequent flyer or travel and lifestyle reward programme partners, including Singapore Airlines’ KrisFlyer and United Airlines’ Mileage Plus.

Planners can choose between earning two miles for every US$1 spent or enjoying hotel rewards such as complimentary accommodation, food and beverage vouchers and spa vouchers.

In addition, bookings of 60 rooms per night or more will entitle planners to any two of 10 concessions, which include a waiver of cancellation fees; no minimum for food and beverage spend; complimentary internet access for all guestrooms and meeting rooms; one complimentary room per 30 paid rooms; one 30-minute cocktail reception; and spa credit for the meeting planner or the group’s VIP.

Bookings can be made from April 1 to June 30, 2016 for events taking place between July 1 and December 31, 2016 at all participating The Langham and Langham Place hotels.

For more details, visit langhamhotels.com/doubletheextramileplus.

Holiday Inn Resort Kandooma Maldives launches new function space

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THE Kandooma Marquee, a 200m2 events space, was inaugurated on March 19 at Holiday Inn Resort Kandooma Maldives.

It can hold up to 180 guests and has a large area for teambuilding activities.

Organisers will be able to enlist an incentives and special events team to assist with planning and event execution. They will also have access to high-speed wireless Internet and advanced audiovisual equipment.

Joseph Della Gatta, hotel general manager, said: “The Kandooma Marquee is our response to the increasing demand of incentives and special events and group requests we are receiving across different parts of the world.”

The resort is a 40-minute speedboat drive from the country’s Ibrahim Nasir International Airport.

BCCK’s DOSM takes on position of deputy chair at ICCA Malaysia

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PREMALA Danapakiam, director of sales and marketing with Borneo Convention Centre Kuching (BCCK), has been appointed deputy chair of the ICCA Malaysia committee.

Eric van Piggelen, CEO of BCCK, described the appointment as a timely one, as Kuching will host the 55th ICCA Annual Congress 2016 from November 13 to 16.

He said: “We look forward to the mutual cooperation between ICCA Malaysia members to further cement Malaysia’s position in the association meetings sector.”

Leaders in athletic facilities to meet in Yokohama

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STADIA & Arena Asia Pacific 2016 will convene in the Japanese port city of Yokohama this September, drawing an estimated 2,000 specialists in the field of athletic facilities development.

It will be the first such event to be held in Japan, according to a media release from the Yokohama Convention & Visitors Bureau.

Conceptualised by UK company ALAD in 1997, the event will feature both exhibition and conference components, and will invite participants to discuss sport venue design, construction, maintenance, operations management, and related technologies.

The 8,000m2 Yokohama Arena will be utilised for the gathering, a venue that is no stranger to many international sporting events. Participants will also get to visit other sports facilities across Yokohama, including the International Stadium Yokohama and the Yokohama International Swimming Pool.

As host for the 2019 Rugby World Cup Final, and with plans to be the site for the 2020 Olympics soccer matches, Yokohama is a fitting choice for Stadia & Arena Asia Pacific 2016.

Tauzia steps up promotion of hotel MICE facilities

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TAUZIA Hotel Management is looking to beef up its MICE business through the Tauzia MICE Rally, which aims to showcase meeting and event offerings of 42 hotels in its portfolio spanning the Harris, Yello and Pop! brands.

After seeing positive results from the inaugural Rally last year, Tauzia brought the first Rally for 2016 to Surabaya in February, and this will be followed by sessions in Jakarta and Bali in April and September respectively.

Tauzia is the only hotel group that has its own MICE business sessions with corporates in Indonesia.

Fridi Harini, Tauzia’s corporate director of sale – Jakarta and Surabaya Regions, who is also the Rally’s programme director, said: “More than half of our portfolio carry the word ‘convention’ which means we are (well-)equipped for our customer’s functions.”

In part due to the increased awareness of the hotels’ facilities and offerings, Tauzia’s MICE business is rebounding from the 17.2 per cent decline in 2015.

Fridi said: “Looking closely at different cities’ performances between January and February this year compared to the same period last year, Jakarta hotels’ MICE business was up by 51 per cent, West Java region (Bandung, Sentul, Puncak) 31 per cent and Surabaya region 36 per cent.”

And with the improved business climate and the revision of government policy to allow government agencies to organise meetings in hotels, the Tauzia MICE rally can serve to drive this increased demand to Tauzia managed hotels.

Fridi said she expects that the group’s MICE business will be up by 42 per cent from that of 2015.

Chatrium hotels names new GM

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PATRICK Manthe has been appointed general manager of Chatrium Hotel Riverside Bangkok and Chatrium Residence Riverside Bangkok, effective immediately.

In his new role, Manthe, a Swiss national, is responsible for the entire operation of of the two properties, including guest services, sales and marketing efforts as well as hotel administration.

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Manthe has almost 15 years of experience in the hotel industry, having started his hospitality career as a sales representative with the Metropole Hotel Interlaken Switzerland in 2000.

He was most recently the general manager of the U Sathorn Bangkok, part of the Eastin Grand Hotel Sathorn, and prior to that, the pre-opening general manager of the Fusion Alya Hoi An Resort, Vietnam in 2011.

Marco Polo appoints new regional director of sales

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HONG Kong’s Marco Polo Hotels has named Juni Rahardja as its new regional director of sales, Singapore, succeeding Roy Yan who had recently retired after 24 years with the group.

Juni has over 30 years of experience in Singapore’s hospitality industry and has held senior positions with international hotel brands such as Conrad Centennial Singapore and Grand Hyatt Singapore. She was most recently director – regional sales office Singapore for Hyatt Hotels & Resorts.

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Juni Rahardja, regional director of sales, Singapore, Marco Polo Hotels

In her new role, she will be lead Marco Polo’s sales activities in South-east Asia to drive incremental business to the 14 Marco Polo and Niccolo properties located throughout Hong Kong, China and the Philippines.

HRS expands management team worldwide

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HRS Group has announced that it is expanding its management team with five new appointments.

Flavio Ghiringhelli, who has been with HRS since September 2012, joins the management team with his promotion to vice president of corporate solutions, South-West & Eastern Europe. Before joining HRS, Ghiringhelli worked for easyJet and Meridiana.

Meanwhile, Dirk Schmidt takes over the North-Central Europe region as managing director corporate solutions, having joined HRS in October 2015. In his new role, he will work alongside Kimi Jiang and Suzanne Neufang, vice presidents, corporate solutions, for Asia-Pacific and the Americas respectively. Previously, he was vice president and general manager in several companies, including Novell and Attachmate Group.

As HRS opens up new service areas globally, further management-level appointments have also been made.

Responsible for raising the MICE business to a global scale, Oliver May joins as global lead MICE/strategy at HRS. Previously, May held the role of executive vice president at Meetago.

Jeff Hillenmayer joins the American team as head of corporate sourcing, Americas and will be strengthening HRS’ sourcing position in the market. Hillenmayer is a former employee of Lanyon where he worked as vice president service.

Finally, Eduardo Murad joins HRS to take over the role of director of sales in Brazil. Eduardo was formerly president of Alagev (Latin American Association of Events and Corporate Travel Managers).

Photo of the Day: Marco Polo’s chief business managers

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marco-poloJennifer Cronin (seated right) and all the Marco Polo Hotel’s ‘chief business managers’. Less than two months after Cronin took charge as president of Marco Polo Hotels, her plan to enable GMs to operate as business managers has taken shape, starting with an intensive three-day conference aimed to discuss transformational leadership, new operational standards and unique selling points for each of the 14 Marco Polo hotels, while sharing best practices and the current challenges faced.