Bordeaux 2011: Hong Kong buyers holding back as releases continue

As Bordeaux takes another break for bank holidays, the market is digesting the latest round of releases.
Yesterday in the Graves, among others, Chateau Haut Bailly came out at €54 ex-negociant (down 39.2%), Domaine de Chevalier red at €30 (down 37.5%), and Chevalier white down 7% to €58.
Chateau Malartic Lagraviere red came down 22% to €27 ex- negociant, and the white down 5% to €42.
In Pomerol, Chateau La Pointe was down 17.5% to €19.80. Chateau Montrose came out late on Tuesday at €72, down from €132 in 2010.
There are now around 50 estates left to release their prices, including Chateau Mouton-Rothschild and Chateau Latour. But little is emerging to cast a positive spin on the wines’ reception by the market.
Simon Tam of Christie’s in Hong Kong told Decanter.com en primeur did not seem to be featuring as a topic of conversation this year.
‘Colleagues and clients in Hong Kong who have bought en primeur for years are just not even talking about it. They have all of a sudden realised that they can buy 89, 90 – exquisite, ready to drink wines – for the same price or less.
‘The fundamental mistake that has been made is to assume the Hong Kong and Chinese clients are different from anybody else. They are not – they are lifestyle-minded wine lovers, who are behaving logically – they don’t want to overpay for a vintage that is not even tangible.’
Decanter.com spoke with over five Hong Kong merchants, all of whom said they had bought between 10 and 20% of the quantity of last year. Successes included Pontet Canet and Calon Segur, but even stalwarts such as Lynch Bages and Haut Bailly had been judged too expensive.
Tam said older vintages were easily available ‘so it’s hard to believe the hype about buying en primeur to ensure access to these wines. Pricing en primeur highly purely for the Hong Kong and Chinese market is simply no longer an option.’

http://www.decanter.com/bordeaux-2011/en-primeur-coverage/529982/bordeaux-2011-hong-kong-buyers-holding-back-as-releases-continue

Some of the good resorts in Pampanga offer good alternatives to hotel function rooms for seminars, corporate planning and meetings. More and more, Manila event planners prefer to hold planning sessions and meeting out of town in the north where participants can relax and unwind in outdoor facilities of some of the good resorts outside Manila. This way, the meetings can be much more productive as participants get a chance to enjoy the lake, beach and good picnic spots in a good resort in Clark Pampanga between seminars, planning sessions and meetings. Clearwater Resort is generally recognized by event planners as the best event venue in Clark Pampanga. Clearwater appears frequently on the top of a list of the best hotels in Pampanga. Visitors to Clark and Angeles City Pampanga seldom pass up the opportunity to relax and unwind by the lake of this popular resort in Pampanga.
Families with small children prefer outdoor resort in Manila clean and safe place in Pampanga Clark to bring kids to relax and unwind.

Clearwater Resort and Country Club is well regarded by trip planners and Manila residents as one of the best resorts in Pampanga for family bonding. This is one resort near Manila that enables guests to relax and unwind, away from the stress of living in the city.

Travel groups recommend Clearwater Resort for this Holy Week and Easter holidays because this hotel resort in Clark Philippines is a private resort that is near Manila and is highly recommended for families with children to relax and unwind in a safe and secure location. Clearwater Resort is one of the resorts in Pampanga that are highly recommended for visitors coming to Angeles City or Clark Pampanga during Christmas, Mother’s Day, Father’s Day, Valentine’s Day, New year and especially during the Philippines Hot Air Balloon Festival.

Quiet place for rest and relaxation near Manila, in Subic, Angeles City Pampanga and Clark Philippines is something that residents of Manila travelling to the north for a short getaway are looking for. Today, Clark is no longer just a golfer’s paradise, it appears to tourists and visitors who are not just interested to play golf in one of the best golf courses in Pampanga. This resort in Clark Philippines is generally considered by Manila residents to be a good place for family trips in Pampanga.

Top rated tourist spots and places to see and visit in Clark Philippines include Clearwater Beach Resort Clark Pampanga. It is in this private resort in Pampanga that Manila residents travel out of town on a short getaway to savor the American lifestyle of laidback leisure living by the famous lake of Clark Airbase. Clearwater is one of the best hotel in Clark and the resort is a very popular venue for rest and relaxation especially for golfers after a round of golf at one of the best golf courses near Manila. Clark is home to some of the best golf courses in Pampanga.

Pampanga Angeles City and Clark Philippines is a popular choice for event organizers and company event planners because it is safe, secure and conveniently accessible from Manila. The short travel time from Manila to Clark means there is more time for participants to enjoy the programs, relax and unwind in the outdoor facilities of this highly recommended resort hotel in Clark.

For inquiries and bookings, Please click here to contact Clearwater Resort for inquiries and reservations now

Clearwater Resort and Country Club, Clark Pampanga
Creekside Road near Centennial Expo,
Clark Freeport, Pampanga Philippines 2023
(045) 889-5151 0917-520-4403 0922-870-5177
Joanne or Jeremy or Loydha

Getting to this lake and beach resort in Pampanga Angeles City Clark Philippines

After entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway MA Roxas, passing the stand-along wine shop called Clark Wine Center on the right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, one will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on the right just 200m down.

Family Bonding by the famous lake of Clark Pampanga

http://www.ClearwaterPhilippines.com

Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay

Email: Inquiry@ClearwaterPhilippines.com

Please click here to contact Clearwater Resort to reserve a venue for your upcoming event now

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

http://www.PhilippinesWeddingVenue.com

While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.
http://www.ClarkWineCenter.com

Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

http://www.LondonPubClark.com

http://www.HotelClarkPhilippines.com

http://www.ClarkPhilippines.com

http://www.YatsWineCellars.com

For jobs and business investment opportunities in the Philippines please visit http://www.yilp.com

Hot Line for what’s happening in Clark: 045 889-5151 or 0927-940-2669 ask for Loydha

0915-542-6250 (Jeramie)