Hotels & Tourism

Frasers Hospitality Trust turns to Japan as Singapore and Malaysia businesses sputter

Asset enhancement at Intercontinental Singapore proved disruptive.

Boutique hotel in Downtown Core sold for $203m

BIG hotel was bought by Gaw Capital Partners.

Ballooning bad debts hound struggling Genting

Debt charges swelled to $92.5m in Q3.

Straco's net profit jumps 20.9% to $23.6m in Q3

Thanks to strong contributions from the Singapore Flyer.

Genting's net profit crashed 47% to $66.9m in Q3

Blame low VIP volumes and a hefty fair value loss.