Hotels & Tourism
Which companies will win big from SG’s easing of restrictions?
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.
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.
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