Hotels & Tourism
Far East Orchard profit crashes by 94% in 2020
Far East Orchard profit crashes by 94% in 2020
The hotel operator took a massive hit behind closed borders.
Genting Singapore suffers 90% profit loss in 2020
Profits continued to plunge despite the reopening of Resorts World Sentosa in H2 2020.
Singapore delays business travel bubble plans
The plan was first announced in December 2020.
Looking ahead to the future of Singapore's tourism industry
The Singapore Tourism Board saw an 85.7% decrease in visitor arrivals in 2020.
Tourism arrivals and receipts to remain weak in 2021: STB
STB’s SingapoRediscovers Vouchers scheme has netted $35.9m since 1 January.
Daily Briefing: SG suspends green lane travel with Malaysia, Germany, South Korea for 3 months; OceanShield raises $1.1m
And SSG, DesignSingapore, Tribal Worldwide launch skills development programme for SMEs in design sector.
Daily Briefing: Pilot to reopen nightclubs, karaoke outlets delayed amidst rise in community cases; DBS to cease use of physical tokens from April
And Lupl snags $18.57m, signs MoU with Singapore's Ministry of Law.
Domestic travel dominates Singaporeans' holiday vacation searches
Most are planning for the Lunar New Year, Valentine’s Day, and school holidays.
Daily Briefing: CDL to sell Penang hotel as part of portfolio review amidst COVID-19; Appboxo snags $1.47m seed funding
And MOT may review 2040 target for vehicles in SG to be low emission.
Singapore minister, STB welcome Google Travel Insights services
Travel Insights with Google can be used to better understand travel demand.
Domestic hotel searches skyrocket in Singapore: study
Staycation continues to trend with government help.
FEHT faces challenges from eroded ADR
Downsides may be offset by Singaporeans going on staycations.
Daily Briefing: Malaysia, Japan travellers to serve 14-day SHN upon return; Tech startup Sleek raises $5.37m
And how SG partners with startups to prepare travel, tourism industry for comeback.
STB announces SingapoRediscovers vouchers online redemption process
The voucher scheme encourages Singaporeans to support tourism businesses amidst COVID-19.
Daily Briefing: Jetstar Asia to operate transit flights through SG from six cities; Activist faces fine over smiley face sign protest
And a software-defined network is the secret to building a Smart Nation.
Singapore, Hong Kong tourism boards join forces ahead ATB commencement
Both destinations have implemented hygiene, safety certification programmes.
EH-REIT trustee states intention to remove manager
MAS had earlier directed it to remove the REIT’s manager following several offences.
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