Singapore’s hotel industry remains robust in Q3

As for investments, the sector remained stable with seven transactions.

Singapore's hotel industry performed strongly during the third quarter driven by live, sporting, and theatre events, according to CBRE.

Average room rates during the September Formula One Grand Prix were 10% higher than the previous year.

Luxury hotels also contributed with rates increasing to 7% year-on-year and record-high revenue per available room.

As for investments, the hotel sector has remained stable for the year with seven transactions completed. Investors are eyeing limited-services properties as potential acquisitions as hotel operation expenses are increasing.

According to CBRE, limited supply in the pipeline should ensure average daily rate consistency for the next six months. Additionally, as Singapore’s currency is expected to slightly weaken, leisure travel is set to boost occupancy rates.

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