Hotels & Tourism
Extensive booking cancellations loom for hotels amidst nCov outbreak
CDL Hospitality Trust and Ascott Residence Trust already reported cancelled bookings.
Extensive booking cancellations loom for hotels amidst nCov outbreak
CDL Hospitality Trust and Ascott Residence Trust already reported cancelled bookings.
CDL Hospitality Trust's NPI dipped 3.3% to $141.16m in 2019
It saw full-quarter contributions from its rebranded Raffles Maldives Meradhoo.
Hospitality & tourism to slow down amidst coronavirus outbreak
Singapore hotels’ performance will likely imitate the 42% fall in daily average rate during the SARS outbreak.
Frasers Hospitality Trust's NPI grew 6.8% to $33.2m
All of its portfolio recorded higher gross operating profit.
UOL acquires 154-key hotel in Indonesia for $67.5m
Construction is expected to be completed in 2022.
Ascott expands Japan operations with first serviced residence in Osaka
The serviced residence will offer a total of 313 units.
Changi Airport T2 multi-year expansion to begin by late January
The revamped terminal will include more greenery interiors and self-service travel options.
Why online travel agencies need to master their networks
In Singapore, revenue in the Travel & Tourism market is expected to reach US$3,402m by 2023. Furthermore, it’s thought that a whopping 79% of this...
Reigniting Employees' Excitement About Business Travel and its Opportunities
Business travel was once a source of pride and excitement for employees, giving them the opportunity to build business contacts, develop their careers...
Singapore trails Japan in global passport power
It has a total of 190 visa-free destinations.
Here's how this architecture firm designs for the world's luxury hotels brands
Brands like Raffles even get BLINK Design Group to design their overseas properties.
Daily Briefing: Malaysia's Etika buys vending operator Advend Systems; US-based tour pass platform LPG expands to Singapore
And developer Centurion Corp buys student accommodation asset in UK for $27m.
Singapore falls to fifth place in top cities rankings
This was blamed on tighter competition across major Asian cities.
Daily Briefing: IMDA earmarks $20m to fund media projects; Google poaches Singapore bankers
And hotel booking provider Travel Prologue partners with Japan’s OTS.
Weak occupancy to weigh on Frasers Hospitality Trust's Australian assets
A surge in supply caused a decline in occupancy and room rates in the market.
Oxley cuts stake in United Engineers to less than 10%
This follows Yanlord’s acquisition of a majority stake in the firm.
Shrinking supply pipeline could be boon for hospitality sector
With few new hotels in sight for Singapore, hoteliers are ready to raise room rates.
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