Singapore hoteliers saw flat Chinese New Year

Business was challenging, they said.

The Year of the Horse was more of a mosey than a gallop for Singapore hoteliers who reported flat results
compared with last year.

Rendall Chee, Director of Business Development, Park Regis Singapore, said "we have achieved around 90% occupancy for both last year and this year. While business was challenging during the Lunar New Year,
we managed to achieve or close up the gap which is comparable to last year’s."

Vivian Tung, Marketing and Communications Director for The Scarlet hotel, said "for the same seasonal period last year, sales in 2014 was marginally lower as compared to 2013. Understandably, this could be due to the increase in room supply in the market, giving guests a wider selection of choice."

Courtenay Dundy, Director of Sales and Marketing for The Ritz-Carlton, Millenia Singapore, said "our 608 rooms and suites have been fully booked for the first three days of the Lunar New Year which is consistent with last year. Majority of these bookings come from international leisure guests and the overall revenue from rooms has been exceptionally high this year due to an increase in bookings from our key feeder markets."