Chart of the Day: Singapore hoteliers brace for supply woes

Over 13% new rooms coming on stream.

Singapore hoteliers may be facing supply woes with the new completed hotels in the pipeline. According to OSK-DMG, with over 13% new rooms coming on stream over the next three years, the hospitality sector is expected to face significant margin pressure until 2016 (assuming no new government land sales in the next 12 months).

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