Hotels & Tourism
Far East Hospitality to open 3 Sentosa hotels in 2019
Far East Hospitality to open 3 Sentosa hotels in 2019
The three properties will have 839 keys in total.
Half of travel managers in APAC expect more business travelers in 2018
Some are worried over the negative effects of geopolitical events on the economy.
Daily Briefing: Analysts back timing of investment in landed homes; Singapore agency loses licence for faking information
And here's a Singapore venture that launched a blockchain platform for hotels and malls.
Singapore passport dethroned as world's most powerful
It lost visa-free access to Kosovo.
OUE Hospitality Trust Q1 net property income up 3.1% to $28.29m
Its hospitality segment’s NPI jumped 5%.
Luxury hotels' revenue hit by room oversupply
RevPAR dipped 3.1% to $369, due to a nearly 2-point decline in occupancy rate.
Chart of the Day: Singapore visitors hit by lack of hotel supply
Room occupancy remains well in excess of 84% despite the new supply.
Singapore needs more hotel rooms for increasing visitor arrivals: Colliers
It said the hotel room supply of 628 rooms in 2018 will immediately be absorbed.
CDL Hospitality Trust Q1 net property income up 5.4% to $37.8m
It cited inorganic contributions from acquisitions and an improved Singapore hotel performance.
A new digital model for the rising millennial business traveller
Adoption of new robust digital travel expense and compliance models goes a long way, not only for the rising modern business traveller but also your...
Far East Hospitality Trust profits up 4% to $23.01m in Q1
The influx of visitors from the Singapore Airshow last February partially contributed to higher earnings.
Frasers Hospitality Trust profits down 4% to $27.75m in Q2
The company’s property operating expenses edged up 0.4%.
Hotel Rankings: ‘Smart hotels' are on the rise
The industry is shifting to a man-power lean model: less humans, more bots.
The Ascott Limited ramps up expansion efforts to tap corporate travel market
The serviced residence operator has over 2,000 units in 13 properties in its portfolio.
Serviced Residences Rankings: Foreign housing demand kept serviced-residences running
This is despite tougher competition against sharing economy-rooted services.
Business trip costs to Singapore in 2017 rose to US$479 a day
Prices have risen due to higher costs of eating out in restaurants.
Singapore is the sixth most popular destination for Muslim tourists
The country provides Muslims "cultural proximity" and enhanced tourism offerings, amongst others.
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