Hotels & Tourism
Over 40% of Singaporeans pay FX fees when travelling abroad: report
Over 40% of Singaporeans pay FX fees when travelling abroad: report
Majority of travellers still use cash, only about half use credit cards.
Hotel ADRs to outperform in 2024 with packed event calendar
April 2024 year-to-date Average Daily Rates was $288.
STB launches tender for new wellness attraction at Marina South Coastal site
It seeks proposals with innovative and high-quality concepts that promote wellness.
Frasers Hospitality ramps up overseas expansion
The company looks to open 20 more locations over the next four years.
Singapore is APAC’s top business travel destination: report
The city was the most visited country in the region last year.
CityDev’s New Zealand subsidiary names new finance VP
Anand Rambhai has worked in finance and treasury roles across New Zealand and the UK.
Blockbuster events, tourist surge buoy Singapore’s hotel market: CBRE
Taylor Swift's concert was among the highlight events of 2024.
NParks and URA launch design competition for Raffles Place Park revamp
The revamp aligns with broader plans to introduce more mixed-use and inclusive spaces.
Singaporeans rank third globally in overseas travel spending
They spend an average of US$2,966 on overseas travel.
Singapore Tourism Board and Agoda renew pact to boost city tourism
Local attractions will offer discounts and perks on Agoda as part of the partnership.
Mandarin Oriental to sell retail units next to Paris Hotel for €148m
The prospective buyer is Lavender Propco SNC, an entity controlled by Blackstone Europe LLP.
Overcrowding in top attractions affects culture, overall experience: McKinsey
Density and environmental impact present minimal risks.
Amara Holdings names Dawn Teo as chief operating officer
She is an alternate director to the company’s CEO.
Singapore tops non-OIC destinations for Muslim travellers in 2024
Including the OIC destinations, Singapore ranked 9th overall.
Singapore Flyer operator Straco net profit soars 213.3% to $5.022m
The ride was in full operation in 1Q24.
Sentosa Development Corp unveils interactive sustainability showcase
This will be open until December 2024.
Stamford Land's net profit plummets 96.1% YoY to $5.95m in FY24
With net profit contraction, the company proposed a lower EPS of 0.40 cents.
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