Hotels & Tourism
53% of Singaporean travellers reluctant to share info to travel service providers
Singaporeans expect more disappointments than the rest of Asians.
53% of Singaporean travellers reluctant to share info to travel service providers
Singaporeans expect more disappointments than the rest of Asians.
Hotel room supply to grow 4% this year
This is lower than the 5.9% projection last quarter.
Thailand's tourist arrivals up 4.8% to 3.1m in July
Tourism receipts in July reached US$4.7b.
2 in 3 Singaporeans prefer local activities during overseas travel
25% enjoy local cultural activities.
Oxley's maiden hotel to open next year
It has secured a temporary occupation permit recently.
OUEHT's Mandarin Orchard's RevPAR up 5% to $210
This led to the 6% growth in the net property income.
Chart of the Day: Hotel market RevPAR dipped slightly by 1.1%
Whilst market occupancy fared better, reaching 85.6%.
Chart of the Day: Visitor arrivals to reach 16.7m this year
STB recorded 5.79m visitors in the first four months of the year.
M&C REIT Management appoints Cheah Sui Ling as independent non-executive director
It will be effective 18 August 2017.
Riverstone Holdings profit down 0.8% to $8.6m in Q2
The company is getting dragged by hiking prices of raw materials.
Far East Orchard profit nosedives 97.3% to $1m in Q2
The group is failing to beat operating challenges.
OUE Hospitality Trust's 31.5% DPU boost is highest for S-REITs in Q2
Hospitality and retail segments boosted its revenue by 16.0%.
Hotel room revenues dip 1.3% in Q1
STB noted that revenues came in at around $0.8b.
Tourists in Singapore splurge $6.4b in Q1
Tourism receipts grew by 15%.
Hotel room prices to go up 3.2%
Hotel groups' consolidation may result in fewer pricing options.
Frasers' Hospitality Trust DPU climbs 8% to 1.2 cents for Q3
Newly acquired hotels abroad improved the company's performance.
How good interior design helps elevate the hotel experience
In Singapore (and the world), the business strategy of hotels is changing—because the way people use hotels is changing. With the rising popularity of...
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