Hotels & Tourism
Genting to benefit from SG’s high vaccination rate, possible reopening: OCBC Investments
Genting to benefit from SG’s high vaccination rate, possible reopening: OCBC Investments
Singapore has reached a 75% vaccination rate as of 15 August.
Genting Singapore profit bounces to $88.21m after H1 2020 loss
The group suffered a $116m loss in the same period last year.
2 in 5 Singaporeans bit by the travel bug
Encouraged by vaccinations, more Singaporeans plan to travel in the next three months.
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.
Daily briefing: Parts of Asia reopens to international tourists; Some F&B chains return 2-person dine-in limit
And condos, private apartments in SG qualify for EV charger grant.
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.
Daily briefing: Hilton opens largest APAC hotel in SG; Migrants from India to enter Singapore in 'calibrated manner'
And smaller units with shorter leases may dominate the housing landscape.
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.
Daily briefing: SG, Vietnam mull travel in “selected” tourist sites, SG reduces stay-home period for travellers from COVID hotspot
And Singapore is eyeing local and global partners for low-carbon technology.
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.
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