Hotels & Tourism
CDL HREIT Investments acquires Hotel Brooklyn for $43.8m
CDL HREIT Investments acquires Hotel Brooklyn for $43.8m
The establishment is located in Manchester in the UK.
SG vows enhanced bilateral cooperation with the Philippines
The focus will be on security and defence and education.
Indonesia-Singapore summit to highlight Bintan Buoy’s potential
It will also focus on the travel bubble involving resorts in Batam and Bintan.
Singapore logs $1.9b tourism receipts in 2021
This represents a decline in TRs when compared to 2020.
Singapore Airlines unveils support measures for PPS Club, KrisFlyer Elite members
PPS Club and KrisFlyer Elite members' statuses are extended for another year.
US warns against travel to Singapore with COVID level ‘unknown’
SG now joins three other countries with unknown travel health notice levels.
COVID-positive hotel travellers identify as close contacts: SG Tourism Board
This will closely align recovery protocols for visitors staying in hotels.
City Developments divests Seoul hotel for $1.26b
The proposed divestment will be completed by Q1 2022.
Korea exempts VTL travelers from SG from 10-day quarantine rule
VTL scheme to proceed “without change” amidst detection of Omicron variant in Korea.
SG Tourism Board and Mastercard partner to boost domestic tourism
They aim to encourage locals to re-explore the city and rekindle connections.
Genting Singapore’s net profit jumps 11% to $60.7m in Q3
The company’s EBITDA, however, crashed by 31% YoY.
What does the VTL mean for Singapore's, Malaysia's economies?
It’s not only the tourism sector that will benefit from the air link reopening, analysts say.
G'day, mate! Singaporeans allowed quarantine-free travel to Australia
Fully-vaccinated Singaporeans can travel to Australia without restrictions starting 8 November.
1 in 4 services firms optimistic about the future
Meanwhile, 6% of services firms see a decline in business conditions.
CDL Hospitality Trusts net property income up 34.8% in Q3
Properties from Germany, Italy, and Japan turned a profit.
Far East Hospitality Trust net property income up 2.6% to $18.31m
Gross revenue from commercial premises saw a slight uptick in Q3.
Frasers Hospitality Trust’s second-half net profit more than doubles to S$30.9 million
The NPI was boosted by the higher YoY GR and lower operating costs
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