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.
Daily Briefing: HDB to launch new sales scheme; SPH diversifies outside media after profit plunge
Airbnb-like company Roomorama halts processing bookings.
Why hoteliers shouldn't worry over easing room supply
Supply will grow 2.3% beyond 2018.
Chart of the Day: Hong Kong dwarfs Singapore in international arrivals
Singapore recorded 16 million international arrivals last year.
Chart of the Day: Will visitor arrivals surpass 2016 levels?
Latest visitor arrival growth was at 4.4%.
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.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform