Hotels & Tourism

CDL Hospitality, Millennium & Copthorne Hotels enter lease deal for Auckland hotel

CDL Hospitality, Millennium & Copthorne Hotels enter lease deal for Auckland hotel

Under the 50-year lease deal, they will operate the 453-room Grand Millennium Auckland that is set to open end-2025.  

Mandarin Oriental posts ‘stable’ underlying net profit in Q3

The hospitality firm opened a resort in Dubai and China and a hotel in Seoul during the quarter.

Acrophyte Hospitality posts 13.9% net property income decline in 9M

Disposition of US Hyatt properties and lower travel cited for decrease.

Hotel occupancy flat at 82%YoY in first nine months

The Average Room Rate stood at $269.31, marking a year-on-year decrease of 3.2%.

Genting Singapore net profit up 19% YoY in Q3

Revenue for the period also increased by 16% YoY.

$1b Therme Singapore wellness attraction to rise at Marina South Coast

The four-hectare site will offer visitors thermal pools, landscapes, art installations, and health technologies.

Travellers from Singapore open to fiction-inspired trips: Booking.com

More than half also want journeys based on games, memories, amongst others.  

Affluent visitors fuelled tourism and spending surge during F1 night race: report

Much of the spending by wealthy travellers went toward retail and dining.

Genting Singapore names new Resorts World Sentosa COO

Si Chen has nearly two decades of international experience in the gaming and hospitality industry.

InterContinental Bali Resort welcomes new resort manager Abdul Hafid bin Mohamed Gaus

Most recently, Hafid served as Hotel Manager at Crowne Plaza Changi Airport, Singapore.

Ascott to open over 1,000 units in Austria, Spain amidst European expansion

Ascott's European portfolio now includes 64 properties with nearly 8,500 units across 26 cities in 10 countries.

Gov't to curb F1 disruption on businesses

This will include improving access and wayfinding around Marina Bay.

Hotel room stock reaches over 74,000, up 1.5% YoY

Small accommodations held the largest stock by facility count.

Genting Bhd to take Genting Malaysia private for $2.1b

GENT has launched an offer at $0.72 per share.

Singapore travellers lead globally in biometric travel adoption

The adoption of generative AI for travel planning increased from 11% in 2024 to 20% in 2025.

Singapore ranks top global destination for entrepreneurs

56% of entrepreneurs are already living across multiple locations.