Hotels & Tourism
Almost 4,000 new hotel rooms to flood Singapore’s hospitality market in 2015
On back of 1,773 new additions in 2014.
Almost 4,000 new hotel rooms to flood Singapore’s hospitality market in 2015
On back of 1,773 new additions in 2014.
Genting Singapore finally breaks ground for $2.4b Resorts World Jeju project
After delays and local government resistance.
Tourist arrivals down 3.1% to 15.1 million in 2014
The number of Chinese tourists plunged 24.2%.
Yoma Strategic’s net profit up 7.1% to $8m in Q3
On back of higher real estate revenue.
GuocoLeisure’s net profit up 8.1% to $19.9m in Q2
Thanks to its stable hotel revenue.
Global Premium Hotels net profit up 61% YoY to $8.4m
On the back of a tax credit.
Genting’s prospects boosted by strong Marina Bay Sands results
Investors are betting that RWS will have similarly strong earnings.
Hyatt to launch Andaz Hotel in Singapore's Ophir-Rochor district
Hyatt Hotels & Resorts will launch the Andaz hotel brand in Singapore as part of a new exclusive mixed use development.
Tourist glut: CDLHT’s revenue per room down 6.3% YoY in January
Given the absence of the Singapore Airshow and Food and Hotel Asia.
CDL Hospitality Trusts’ net property income up 6% to $38.6m in Q4
On back of bigger contributions from its Maldives resorts.
More Singaporeans splurge on overseas trips on back of robust consumer confidence
Almost 9 out of 10 consumers will travel this year.
ASEAN jetsetters pick Singapore over glitzy London, Paris
Proximity trumps luxury for most travellers.
Temasek, STB unveil $1b overhaul of Mandai region
Jurong Bird Park will be transferred here.
Frasers Centrepoint expands hospitality business in second-tier mainland cities
It had added 10 more serviced residences.
Chart of the Day: Where have all the Indonesian tourists gone?
Weak visitor arrivals to spill into 1Q15.
Guocoleisure completes refinancing of expired bonds
It will lift pre-tax hotel operating profit by over 50%.
Hoteliers brace for slower growth on back of massive room glut
Occupancy slipped to 84.3%.
Read Here
Advertise
Sign Up
