Hotels & Tourism

14 Aug 18
Hoteliers are having difficulty in striking the balance between price-competitiveness and profitability.
3 Aug 18
Far East Hospitality Trust and OUE Hospitality Trust are some of the firms involved.
2 Aug 18
Proceeds from the sale of its two Beijing hotels trimmed its debt.
1 Aug 18
Its purchase of Oasia Downtown fueled its NPI growth of 11.2% to $25.74m in Q2.
31 Jul 18
The hotel segment offset the weaker serviced residences arm.
30 Jul 18
The 269-room hotel sits on the Gold Coast Highway.
30 Jul 18
Increased visitor arrivals could benefit Crowne Plaza due to the upcoming bigger Seletar terminal.
30 Jul 18
It could affect 80% of the company's net property income (NPI).
30 Jul 18
The company recorded improved performances across most of its portfolio.
26 Jul 18
It blamed lower revenue from its Australian properties.
26 Jul 18
It will be in charge of about 1,600 serviced residence units by 2022.
25 Jul 18
New Zealand's airfares could rise 7.5%.
24 Jul 18
It was pushed by acquisitions in Singapore and Germany in 2017.
23 Jul 18
Q2 RevPAR was highest in June at 6.9% YoY.
23 Jul 18
Its UK, China, and US portfolios are safe from the cooling measures.
17 Jul 18
The apartments will be redeveloped into a 180-key serviced suite.
11 Jul 18
It is currently the largest Islamic hotel financing deal in the world.
10 Jul 18
It expects to launch 7 more projects worth $3.8b.
9 Jul 18
It will manage operations as well as sales and marketing for The Clan Hotel.
9 Jul 18
The 29-room Wanderlust Hotel was sold at a whopping $1.3m per key, following construction costs estimates for other hotel sites.
3 Jul 18
It has a registered capital of $20.9m.
29 Jun 18
Four Seasons ended the 26-year management contract with the hotel owner.
27 Jun 18
The government is addressing supply shortage for visitor arrivals, analysts say.
27 Jun 18
SEA and South Asia tourist arrivals rose 10% and 9%, respectively.
22 Jun 18
Ascott Harmony City and Somerset Baitang are serviced-residences with 164 and 194 units, respectively.
21 Jun 18
But recovery is on the way as soft growth is expected for new room supply.
19 Jun 18
Home-sharing platforms only comprise 3-4% of hotel room nights, an analyst said.
19 Jun 18
Ascott Residence Trust suffered the most with a 7% RevPAU drop.
18 Jun 18
All 3-star hotels offer 518 rooms in total.
11 Jun 18
It is a 65-room five-star hotel.
11 Jun 18
How did you reserve your most recent hotel booking?
11 Jun 18
It has 224 Gold-Standard studio residences and two bedroom apartments.
10 Jun 18
The summit location only has 100 keys, meaning other guests have booked other nearby venues.
7 Jun 18
This will allow consumers to exchange, consolidate, and redeem loyalty reward points and air miles.
7 Jun 18
Distribution per unit is expected to grow 4%.
6 Jun 18
The three properties will have 839 keys in total.
5 Jun 18
Crude and jet fuel prices are expected to climb 27.5% and 25.8%, respectively.
31 May 18
Some are worried over the negative effects of geopolitical events on the economy.
25 May 18
And here's a Singapore venture that launched a blockchain platform for hotels and malls.
23 May 18
It lost visa-free access to Kosovo.