TTG Asia
Asia/Singapore Thursday, 30th April 2026
Page 2674

Sri Lankan conglomerate buys stake in Indian DMC

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SRI Lankan conglomerate, Expolanka Holdings, has acquired a 50 per cent stake and full control of Mumbai-based Akquasun Holidays, which is said to be a destination management network that specialises in both inbound and outbound tourism.

Akquasun has offices in 11 destinations including the Maldives, Hong Kong, China, South Africa, Russia and the US, and these work closely with travel agents, tour operators and event specialists in facilitating arrivals.

Chaminda Dias, executive director at Luxe Asia, an inbound tourism company which is part of Expolanka, said the acquisition would take Akquasun “to the next level”.

He said: “We (Expolanka) plan to set up new sales teams in the established overseas offices to attract clients to (destinations) such as the Maldives, Sri Lanka, Mauritius, etc.”

Dias explained that prior to the acquisition, Akquasun handled mostly Indian outbound traffic to destinations where it has operations. Now, with Expolanka’s backing, Akquasun will increasingly canvass for business in markets such as Russia and China.

“(Akquasun) was also involved in sending (sizable) MICE (groups) to Hong Kong, Sri Lanka and Macau. We hope to replicate this Indian model with the new and enhanced operations in Russia, China and the Midde East, and encourage MICE travellers (from these markets) to visit (destinations such as) Sri Lanka and the Maldives,” he added.

Expolanka’s ultimate goal is to transform Akquasun into a US$100 million (annual turnover) company in the next few years, from US$30-40 million currently.

“We want to grow the company’s outbound market share to 10 per cent, up from its current three to four per cent share in countries that Indians are visiting,” Dias said, adding that the company accounts for some 7,000 Indian visitors per annum to Mauritius, making it the second largest operator in that market.

W Singapore – Senotsa Cove rolls out opening deals

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W SINGAPORE – Sentosa Cove, slated to make its debut on September 16, has unveiled several opening packages.

The Island Glamour Welcome package includes a one-night stay in a Wonderful room, breakfast for two at W’s signature restaurant, The Kitchen Table, and cocktails at WOOBAR. Rates start from S$388++ (US$304++) per night, with upgrades available to Spectacular and Fabulous room for an additional S$20++ and S$70++, respectively.

The Marvelous Welcome package (S$796++) includes a Marvelous Suite stay, breakfast for two at The Kitchen Table, two cocktails at WOOBAR, a bottle of Veuve Clicquot, and complimentary two-way airport or local address transfers. A minimum booking of two nights is required.

Booking for the opening offers is available until December 30, 2012.

For reservations and information, visit www.wsingaporesentosacove.com,www.whotels.com/singapore or call the toll-free hotel reservation number 1800-325-2525.

Melvin Lim joins Park Hotel Group as vice president

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Melvin Lim

PARK Hotel Group has appointed Melvin Lim as vice president.

Reporting directly to Allen Law, CEO of Park Hotel Group, Lim will oversee the performance of the group’s portfolio of hotels in Greater China, including Grand Park Kunming, Grand Park Wuxi, Grand Park Xian and Park Hotel Hong Kong.

In addition, he will be responsible for the further development of the group’s Greater China footprint through investment opportunities and hotel management contracts.

With more than 20 years of industry experience under his belt, Lim has held senior management positions in hotels across Singapore, Malaysia, Indonesia, Thailand, the Philippines and Hong Kong.

Prior to joining Park Hotel Group, Lim was general manager of Grand Millennium Kuala Lumpur. Before that, he was general manager of Orchard Hotel Singapore.

Soneva Group hires Marisa Aranha as MD sales & marketing

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Marisa Aranha

THE SONEVA Group has appointed Marisa Aranha as managing director sales & marketing, based in Bangkok.

Aranha previously held senior sales & marketing roles with both Starwood Hotels & Resorts Worldwide and Hyatt Hotels & Resorts.

Her most recent role was vice president of sales for Minor Hotel Group Thailand, with responsibility for the global sales strategy of Anantara Hotels & Resorts.

The Soneva Group’s portfolio is comprised of Soneva Fushi and Soneva Gili in the Maldives, and Soneva Kiri in Thailand.

Scoot to add Tokyo, Taipei flights

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SCOOT will introduce daily flights to two new destinations, Tokyo and Taipei, from October.

The low-cost medium and longhaul carrier will operate the Singapore-Tokyo and Singapore-Taipei services using the Boeing 777-200 aircraft.

Scoot’s maiden flight to Sydney yesterday was delayed by about 90 minutes due to a technical fault in the plane’s cockpit.

Other destinations already marked out by Scoot include Gold Coast in Australia, Tianjin in China, and Bangkok.

The carrier’s Gold Coast and Tianjin services are scheduled to start on June 12 and August 23, respectively.

Millennium & Copthorne embarks on Middle East expansion

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SINGAPORE’S Millennium & Copthorne Hotels (M&C) has signed 10 hotels in Saudi Arabia, as it seeks to boost its portfolio in the Middle East.

Ali Hamad Lakhraim Alzaabi, president & CEO, M&C Middle East, Africa and Indian Subcontinent, said: “We are very excited about the Saudi market, where we see huge potential for our brands. It is clear our investors agree with us too, as six of our hotels were signed with the same owner.”

Together, the 10 properties will account for more than 4,000 rooms across Saudi Arabia. The largest hotel will add 1,500 rooms to the group’s inventory in Mecca once it opens in 2015, while another hotel in Riyadh will offer 650 rooms. Other cities that have been earmarked include Medina, Al Bahah, Ha’il, Jazan and Tabouk.

The first M&C hotels in Saudi Arabia are scheduled to open later this year, with further openings over the next three years.

Elsewhere in the region, M&C has more than 34 hotels and hotel apartment properties in the pipeline across the UAE, Qatar, Jordan and South Africa.

Philippines’ AirAsia scratches Macau expansion

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PHILIPPINES’ AirAsia has shelved its plan to launch daily flights between Clark and Macau.

The LCC’s Macau service, envisioned as an additional connection for the Philippines to tap the Chinese outbound market, was originally scheduled to begin on July 1, 2012.

However, the prolonged territorial dispute between Beijing and Manila has severely dampened Chinese demand for the destination.

Philippines’ AirAsia CEO, Marianne Hontiveros, said the carrier had not yet fixed a new date for the launch of Macau services, but was still planning to introduce daily flights to Hong Kong in July.

Philippines’ AirAsia is not the first airline to be affected by the dispute. Philippine Airlines axed its Hong Kong-Kalibo flights in May, while China Southern Airlines halved its twice-daily Guangzhou-Manila services from May 26 – June 30.

Egypt hot on Malaysia’s trail

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THE EGYPTIAN Tourist Authority will shortly unveil an aggressive tourism campaign to attract more Malaysian travellers to the country.

The campaign in Malaysia will involve road shows, advertisements in various print and digital media, art and cultural performances, and partnerships with the local travel trade.

Egypt’s Deputy Tourism Minister, Samy Mahmoud, said: “We see a huge potential in Malaysia’s (outbound) market, and as such, we are looking at ways to strategically attract more Malaysians to visit Egypt.”

Malaysia ranked seventh among Egypt’s Asian source markets in 2010, contributing 34,000 visitors – behind Japan, India, China, South Korea, Indonesia and the Philippines.

Meanwhile, Mahmoud downplayed the ongoing incidents of street violence in downtown Cairo after the Arab Spring, and affirmed that the country’s security was generally good.

“Egypt is safe, especially for Malaysians,” he insisted. “We are now a new Egypt, especially after the revolution. The Egyptians are now friendlier, more open-minded and more honoured to welcome tourists.”

In 2010, Egypt received 14.7 million visitors, generating US$12.5 billion in tourism receipts. Due to the political upheaval, only 9.8 million tourists visited the country last year, while revenue dropped to US$8.8 billion.

Arthur Kiong to leave Banyan Tree

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Arthur Kiong

ARTHUR Kiong, managing director, Hotel Operations (Asia Pacific) and senior vice president, Group Marketing Services for Banyan Tree Hotels & Resorts, will be leaving the hotel chain after four and half years.

Kiong’s last day with Banyan Tree is this Friday, June 8, after which he intends to “take a few weeks off to relax and rejuvenate while (he) prepares for (his) next challenge”, which he has promised to announce in due course.

Prior to joining Banyan Tree in 2008, Kiong was Far East Organization’s director of Hospitality Operations, with a portfolio that included five operating hotels, three hotels in pre-opening and development phase, 11 serviced residences and one heritage restaurant.

He has also held various regional and area sales & marketing positions with hotels such as the Mandarin Oriental Hong Kong, The Ritz-Carlton, Millenia Singapore, the Grand Hyatt Singapore, and Westin Stamford and Westin Plaza in Singapore.

Indian DMCs fear loss in corporate business as petrol prices climb

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ESCALATING petrol prices in India – which saw hikes of some 11 per cent recently – and a higher service tax are making some Indian DMCs jittery over an expected dip in demand from corporate clients.

Om Prakash, director of Inorbit Tours, said: “Corporates will be compelled to think of alternative destinations. While businessmen who have dealings in India will continue to travel to India, other corporate groups will certainly look at comparable destinations with lower costs. India will lose business to our neighbours, which have better facilities and competitive prices.”

To stay competitive, Prakash said Inorbit Tours had no choice but to “cut into (its) own profits”.

Amaresh Tiwari, managing director of A T Seasons & Vacations Travel, said his company had to bear the price difference in fuel costs and taxes for clients who signed contracts earlier on.

Tiwari also noted that some clients were looking for ways to reduce travel costs in India, such as taking taxis and having most meals outside the hotel.

Article by Divya Kaul.