Hotels & Tourism
UOL buys 180 apartments in Jakarta's Tower 2
UOL buys 180 apartments in Jakarta's Tower 2
The apartments will be redeveloped into a 180-key serviced suite.
RHB Singapore inks financing deal for $300m SO Sofitel Singapore
It is currently the largest Islamic hotel financing deal in the world.
Oxley's sales revenue in Singapore hit $1b in 2018
It expects to launch 7 more projects worth $3.8b.
Far East Hospitality expands portfolio with new hotel brand
It will manage operations as well as sales and marketing for The Clan Hotel.
Are investors undervaluing hotels?
The 29-room Wanderlust Hotel was sold at a whopping $1.3m per key, following construction costs estimates for other hotel sites.
CapitaLand expands China footprint through new hotel management firm
It has a registered capital of $20.9m.
Capella Hotel Group to manage Regent Singapore in 2019
Four Seasons ended the 26-year management contract with the hotel owner.
Hotel site returns to GLS programme Confirmed List after 10 years
The government is addressing supply shortage for visitor arrivals, analysts say.
Ascott expands footprint in China with two new serviced residences
Ascott Harmony City and Somerset Baitang are serviced-residences with 164 and 194 units, respectively.
Hotel revenue still down 20% from peak despite visitor surge
But recovery is on the way as soft growth is expected for new room supply.
Here's why CDL Hospitality Trust is not threatened by home-sharing platforms
Home-sharing platforms only comprise 3-4% of hotel room nights, an analyst said.
Low corporate demand hits serviced residences' revenues
Ascott Residence Trust suffered the most with a 7% RevPAU drop.
Ascendas Hospitality Trust buys 3 Osaka hotels for $126.1m
All 3-star hotels offer 518 rooms in total.
First Sponsor arm sells $10.8m of Dutch hotel shares
It is a 65-room five-star hotel.
Are smart technologies the future employees for customer experience?
How did you reserve your most recent hotel booking? Did you call the hotel’s front desk, or did you power up an app on your mobile to book your stay...
Frasers Hospitality launched second Tianjin property
It has 224 Gold-Standard studio residences and two bedroom apartments.
Sentosa hotels welcome high room demand amidst US-North Korea summit
The summit location only has 100 keys, meaning other guests have booked other nearby venues.
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