Hotels & Tourism
Mandarin Oriental to sell retail units next to Paris Hotel for €148m
The prospective buyer is Lavender Propco SNC, an entity controlled by Blackstone Europe LLP.
Mandarin Oriental to sell retail units next to Paris Hotel for €148m
The prospective buyer is Lavender Propco SNC, an entity controlled by Blackstone Europe LLP.
Overcrowding in top attractions affects culture, overall experience: McKinsey
Density and environmental impact present minimal risks.
Amara Holdings names Dawn Teo as chief operating officer
She is an alternate director to the company’s CEO.
Singapore tops non-OIC destinations for Muslim travellers in 2024
Including the OIC destinations, Singapore ranked 9th overall.
Singapore Flyer operator Straco net profit soars 213.3% to $5.022m
The ride was in full operation in 1Q24.
Sentosa Development Corp unveils interactive sustainability showcase
This will be open until December 2024.
Stamford Land's net profit plummets 96.1% YoY to $5.95m in FY24
With net profit contraction, the company proposed a lower EPS of 0.40 cents.
Singapore leads SEA in travel and tourism development index
The city-state scored the highest in infrastructure and services.
6 in 10 Singaporean families embrace AI for travel planning
Popular media also influences their travel choices.
Tourists boost casual apparel and dining spending in Singapore
Spending on luxury apparel and fine dining also rose.
Genting considers UAE integrated casino resort venture
It is seen to leverage the company’s experience in non-gaming offerings.
Singapore tourist arrivals hit lowest record YTD in April
The number of visitors fell to 1.36 million.
Singapore Tourism Board launches Legacy Toolkit for sustainable MICE events
The toolkit is designed to assist stakeholders through the “FIRM” framework.
CDL acquires Hilton Paris Opéra acquisition for $350.2m
Hilton Paris Opéra is CDL's third and largest hotel in Paris.
SBR Technology Excellence Awards 2024 Winner: Far East Organization
Ng Yee Pern, Chief Technology Officer of Far East Organisation, talks about their strategic use of automation to enhance hotel and service operations...
Tuan Sing Holdings unit acquires Fraser Residence River Promenade for $140.9m
Frasers Property Limited expects to complete the divestment by 31 March 2025.
Genting Singapore’s net profit surges 92% YoY in Q1
The company attributed the growth to the CNY holiday and the relaxation of visa regulations between China and Singapore.
Commentary
For higher success with startups, bring independent directors on board
Outdated business continuity plans are putting IT infrastructure at risk