Hotels & Tourism
Far East H-Trust's NPI dipped 1% in Q4 to $26.1m
Far East H-Trust's NPI dipped 1% in Q4 to $26.1m
Meanwhile, quarterly revenues inched up 0.1%.
Genting Singapore will likely recover in H2: analysts
The firm still has an attractive valuation relative to regional gaming peers.
Genting Singapore 2019 profits dipped 9% to $688.6m
Its EBITDA fell 3% YoY to $1.19b.
Serviced residence operations could shield ART from coronavirus' impact
The longer length of stay compared to hotels could provide a buffer to occupancy declines.
Extensive booking cancellations loom for hotels amidst nCov outbreak
CDL Hospitality Trust and Ascott Residence Trust already reported cancelled bookings.
CDL Hospitality Trust's NPI dipped 3.3% to $141.16m in 2019
It saw full-quarter contributions from its rebranded Raffles Maldives Meradhoo.
Hospitality & tourism to slow down amidst coronavirus outbreak
Singapore hotels’ performance will likely imitate the 42% fall in daily average rate during the SARS outbreak.
Frasers Hospitality Trust's NPI grew 6.8% to $33.2m
All of its portfolio recorded higher gross operating profit.
UOL acquires 154-key hotel in Indonesia for $67.5m
Construction is expected to be completed in 2022.
Ascott expands Japan operations with first serviced residence in Osaka
The serviced residence will offer a total of 313 units.
Changi Airport T2 multi-year expansion to begin by late January
The revamped terminal will include more greenery interiors and self-service travel options.
Why online travel agencies need to master their networks
In Singapore, revenue in the Travel & Tourism market is expected to reach US$3,402m by 2023. Furthermore, it’s thought that a whopping 79% of this...
Reigniting Employees' Excitement About Business Travel and its Opportunities
Business travel was once a source of pride and excitement for employees, giving them the opportunity to build business contacts, develop their careers...
Singapore trails Japan in global passport power
It has a total of 190 visa-free destinations.
Here's how this architecture firm designs for the world's luxury hotels brands
Brands like Raffles even get BLINK Design Group to design their overseas properties.
Daily Briefing: Malaysia's Etika buys vending operator Advend Systems; US-based tour pass platform LPG expands to Singapore
And developer Centurion Corp buys student accommodation asset in UK for $27m.
Singapore falls to fifth place in top cities rankings
This was blamed on tighter competition across major Asian cities.
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