1. Can you tell me where are the 30 new hotels to be opened next year? aakkhh18, via email
In 2012, our new hotels will mainly open in Asia and the UK. Malaysia, India, Thailand, the Philippines, Indonesia and the UK are key areas of focus within the year but we are in development in Australia and Europe too. Cambodia, Vietnam and Yangon are on the horizon as is the Middle East where we see interesting opportunities. Developing hotels in multiple countries, with a multiplicity of regulations is challenging and does take time. These will be in addition to our 14 existing operating hotels.