Hotels & Tourism
Expect weak reports from hospitality REITs as hotel revenues dwindle
RevPAR fell 7% year-on-year.
LCD Global Investments promotes Chai Yue Kai to CEO
He was head of real estate development at Straits Trading Company.
Tourism headwinds to persist in 2015, warns STB
Arrival growth will be flat to moderate.
Tourism sector set to benefit as jittery Chinese tourists ditch insecure Thai carriers
Traffic could be diverted to Singapore.
Tourist satisfaction dropped to all-time low in 2014
Satisfaction declined in all sub-sectors.
CDL Hospitality Trusts under threat from lacklustre tourism outlook, hotel room glut
Overseas properties will be its saving grace.
Wong Kai Man retires as Shangri-La Asia director
He has indicated that he would not offer himself for re-election at the company's Annual General Meeting scheduled on 28 May 2015.
Hotel revenues, occupancy rates at risk from looming room glut
RevPAR will decline by 5%.
Billions of bad debts put Gentings' VIP margins at risk
Provisioning will stay high in 2015.
Resorts World Sentosa bags new credit facilities worth $2.27b
To refinance existing loans.
Glitzy casinos at risk as feeble ASEAN currencies continue to weaken
The SGD’s strength is not a boon.
More bad chips in store for struggling Genting after recent share price slide
Tougher headwinds will lead to bigger disappointments.
Is the worst finally over for Singapore’s hospitality sector?
Tourist arrivals are about to hit the bottom this year.
Strong SGD could derail Genting’s mass market expansion efforts
The SGD has appreciated against the rupiah and ringgit.
Kelvin Lum Wen-Sum resigns as LCD Global Investments managing director
His stepping down is due to the change in control of the company.
Frasers Hospitality unveils third serviced residence in Kuala Lumpur
Thee 445-unit development is its largest to date.
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