Hotels & Tourism
Ascott, CapitaStar float more rewards via points exchange
Ascott, CapitaStar float more rewards via points exchange
It is also wooing members of other hospitality groups.
Hospitality sector face slow recovery in H2: analyst
The rise of staycation and travel bubbles could provide support to the sector.
Travellers from South Korea required to undergo SHN in dedicated facilities
It will take effect from 29 August.
CAAS allows travellers from Brunei, New Zealand to apply for ATPs
Individuals must do so between seven and thirty calendar days prior to their arrival.
Singapore permits general travel to Brunei and New Zealand
However, travellers are still subject to a COVID-19 test upon arrival.
Millennium Hotels and Resorts cuts 159 jobs
They will also reduce 42 foreign workers from their headcount.
Genting Singapore sinks into red with $116.68m loss in H1
The group said it suffered almost zero revenue in Q2 due to COVID-19 disruptions.
Singapore hailed as top choice for post-pandemic travel
More than half of locals believe that the Lion City is well-prepared to reopen tourism activities.
CDL Hospitality Trust's NPI dropped 56% to $29.72m in H1
Most of its hotels were either temporarily closed or were operating at low occupancies.
Ascott Residence Trust sells two serviced residences for $191.4m
Proceeds may be deployed for other higher-yielding assets.
Tourism receipts plunged 39% to $4b in Q1
This was attributed to the decline across all components.
Marina Bay Sands ends lawsuit with $9.1m payment
It was sued last year to recover funds that was allegedly said was sent to other patrons in 2015.
Ascott Residence Trust projects 80-90% revenue plunge
It expects its revenue per available unit (RevPAU) to remain under pressure.
City Developments expects notable losses in H1
Measures to control the pandemic have adversely impacted the group’s hotel operations.
‘Hybrid' events arise as MICE industry adapts in a post-pandemic era
The sector’s recovery will likely be slow as the ‘new normal’ entices major changes.
Far East Hospitality opens hotel in Tokyo
It has an opening promotion of 15% discount with a complimentary late check-out.
EHT commences forensic accounting probe on sponsor
Master lessors issue two notices of default to relevant master lessees.
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