Hotels & Tourism
Far East Hospitality Trust net property income up 4.5%
The company reported a $19m net property income for the first quarter.
SIA and UA expand codesharing to 19 new destinations
SIA customers can connect to ten more US cities from Los Angeles.
Call your friends! Group gathering limit now lifted in SG
On the flip side, all workers can now return to the workplace.
Which companies will win big from SG’s easing of restrictions?
SG stocks gained 4% to 5% following the relaxation.
Flight searches on Expedia double prior to new vaccinated travel framework
Stockholm, Perth, and Zurich saw a significant growth in travel demand.
VTLs no more: SG allows quarantine-free travel for fully-vaxxed individuals
General travel will be allowed starting 1 April.
Outdoor mask wearing to become optional as more people allowed to work, gather
Up to 75% of the workforce can return to the office on 29 March.
Gov’t launches hotel sustainability roadmap
The roadmap includes targets and strategies to push for sustainable hotels.
Hotel occupancies rebound with 6.5 ppt increase to 65.3% for H2 2021
Thanks to the 172.4% increase in visitor arrivals following the VTL scheme.
Ascott opens 6th lyf coliving property in Asia
The Ascott Limited’s 240-unit property is located in Singapore.
STB seeks proposals for integrated tourism hub at Jurong Lake District
Tourism development at Jurong Lake is expected to be finished in 2028.
4 of 10 Singaporeans eye travel in the next 3 months
A mix of domestic and international plans make up their plans.
UOL net attributable profit inflates exponentially to $307.4m for FY2021.
Property development revenue increased by 67% to $1.6b.
What to expect from newly opened Hilton’s largest hotel in APAC
The Hilton Singapore Orchard has 1,080 rooms and suites and enhanced facilities.
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.
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