Hotels & Tourism
Straco’s net profit rises 26% to $10.5m as Singapore Flyer earnings soar
Coupled with strong performance from China operations.
Straco’s net profit rises 26% to $10.5m as Singapore Flyer earnings soar
Coupled with strong performance from China operations.
Check out these upcoming hotels which will open doors in H2
Two new hotels will launch in the Changi area.
OUE hit with $16.3m net loss in 2Q
Due to a $20.5m fair value loss.
Opening of CityDev’s gigantic South Beach hotel delayed by manpower shortage
Soft launch has been pushed back to September.
Genting hit with painful $16.9m loss in Q2 as Resorts World loses high-rolling clients
Gaming revenue fell steeply by 28%.
Hotel occupancy rate tumbles to 8-year low as Indonesian tourists vanish
Revenue per available room dipped below $200.
Far East Hospitality Trust desperately cuts hotel rates by 9.6% to $170
It’s been struggling to woo more clients.
Dr Tan Chin Nam retires as Stamford Land director
He was also chairman of the Renumeration Committee and a member of the Audit Committee.
Frasers Centrepoint net profit leaps by 43% to $181.4m in Q3
It cashed in on properties and hospitality division.
Daily Briefing: Tourism overhaul on the cards; Where to next after 50?
And cool products to celebrate SG50.
Genting warns of ‘significant’ profit decline for Q2
Due to massive forex losses.
Singapore's hotel room rates jump 12.1% to $250.5 per night
It placed third in APAC’s costliest hotel fees.
Residents ditch SG50 celebrations in favor of foreign travel as long weekend rolls in
Outbound bookings surge on National Day weekend.
Consumer watchdog demands tighter safeguards against bankrupt travel agencies
Agencies must provide a security bond.
Chart of the Day: Hospitality REITs under threat from massive hotel room glut
Almost 9,000 rooms will flood the market.
Hard-to-please Singaporean travellers among world's worst hotel reviewers: survey
The republic is 31st in terms of reviewer generosity.
ICP Ltd appoints Dennis Edward Wright as senior vice president of Travelodge Hotels
He was senior vice president for opeartions at Red Planet Hotels.
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