Hotels & Tourism

Hotel room prices to go up 3.2%

Hotel room prices to go up 3.2%

Hotel groups' consolidation may result in fewer pricing options.

Frasers' Hospitality Trust DPU climbs 8% to 1.2 cents for Q3

Newly acquired hotels abroad improved the company's performance.

How good interior design helps elevate the hotel experience

In Singapore (and the world), the business strategy of hotels is changing—because the way people use hotels is changing. With the rising popularity of...

Why Indian tourists are flocking to Singapore

Cruise passengers from India jumped 29%.

Hilton Garden Inn opens in Serangoon

It adds 328 new rooms to the Hilton Garden Inn Brand.

Chinese tourism expected to boom in 2020

Chinese tourists’ overseas spending could hit US$429b.

Chart of the Day: Hong Kong dwarfs Singapore in international arrivals

Singapore recorded 16 million international arrivals last year.

Hotel RevPAR to dip by 3% this year

It has been gradually declining in the last five years.

Two things that can spur growth for OUEHT

The opening of Changi Terminal 4 is one.

CapitaLand to be Australasia's largest serviced residence provider

It recently acquired an additional 60% stake in an Aussie SR.

Ascott Residence Trust divests two properties in China

The divestment will register a yield of $198m.

Competition between serviced and private residences to intensify

URA reduced the minimum stay for private properties to three months.

Midtier hotels still suffer declining RevPARs

January to April figures point to a 4.4% decrease in RevPAR.

STB seeks ideas for innovative marketing campaigns

It is launching a $1m initiative programme.