10 things hoteliers do to stay upbeat in down times

Check out how hotels innovate, from a ‘keyless’ room feature to check-in kiosks.

Amidst increasing challenges related to softer operating conditions and increased levels of competition and new supply, hoteliers in Singapore knew that refurbishments to the hotel infrastructure alone are not sufficient to maintain a competitive edge.

Data from Savills show that hotel’s occupancy as at June 2015 dropped by 2.5% compared to a year ago while the average daily rate was down to 4.5%. As a result, profitability as measured by revenue per available room tumbled by 6.9%.

According to Rachel Grier, IDeaS managing director in APAC, given the challenging operating conditions faced by local hoteliers, coupled with the fact that in the Asia Pacific region there are 2,363 hotels under contract to be opened in the coming years, it is vital that Singaporean hoteliers implement advanced operating processes and technologies to maximise revenue in times of growing competition and dynamic marketplaces.

Singapore alone anticipates the opening of Patina, Capitol Singapore, South Beach and Hotel Boss soon.

As such, Singapore Business Review look into various strategies hoteliers currently employ to stay upbeat in down times.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia