Hotels & Tourism

Ascott Residence Trust distributable income rose 96% to S$63.8m in H1

This included one-off partial distribution of divestment gains of S$20m.

Ascott Residence Trust distributable income rose 96% to S$63.8m in H1

This included one-off partial distribution of divestment gains of S$20m.

Recovery relies on border restrictions easing

Outlook for the tourism and food and beverage sectors do not look promising for the remainder of 2021.

Daily briefing: SG-AUS bubble possible by end-2021; Temasek assets jump 20%

And the Ministry of Sustainability and the Environment sets out public sector targets for sustainability.

CapitaLand’s Ascott to give away NFTs to celebrate online platform launch

Eleven non-fungible tokens (NFTs) will be given given during the launch campaign of Ascott’s discoverasr.com platform.

More Singaporeans ground travel plans for the next three months: survey

Singaporeans who plan to travel in the future dipped from 22.40% to 20.26% in June.

Three key pillars that will help rebuild SG's events landscape

The Singapore Tourism Board has issued a white paper in aid of the business events sector.

Worldwide Hotels Group secures $405m green loan

The loan will help finance a new hotel and commercial development.

Frasers Hospitality gears up for expansion in China

The group plans to add seven properties to its portfolio over the next four years.

SingapoRediscovers Voucher validity extended to encourage local tourism

Singapore citizens can use their vouchers until December 31.

Eagle Hospitality REIT fails to sell Texas property

The potential buyer of Crowne Plaza Dallas Near Galleria-Addison did not follow through with on time payment.

Frasers Hospitality Trust net property income falls by 40.9%

The company reported a net property income of $26.7m for the first half of the year ending in March 2021.

Far East Hospitality net property income slips 8.4%

Lower occupancy rates led to lower revenues.

59% of Singaporeans would choose travel over a work promotion

The majority of Singaporean professionals want a getaway from the work-from-home life.

CDLHT reports 1% YoY rise in net property income for Q1, 2021

This is despite sharp declines in revenue per available room at many of its hotels.