Hotels & Tourism

Services sector’s business outlook dims for Q123

Sixteen (16%) per cent of firms foresee deteriorating business conditions.

Which hospitality REIT will outperform amidst high tourist arrivals?

The tourism board said tourist visitor arrivals will double in 2023.

Mainland tourists travelling to SG for Lunar New Year rise 499% YoY

Singapore is also amongst the top destinations for Chinese tourists.

Return of Chinese tourists seen to help grow SG travel market by 60%

Euromonitor International said the reopening of China will make a stronger return.

SG is leading Asian city in this year’s top 100 destinations index

Euromonitor said Singapore is the first place globally in economic performance.

Travelsilience: Majority are anxious about inflation but are still eager to travel

Almost all travellers plan to travel at least once next year despite inflation. 

Singapore’s tourism declines in November

Visitor arrivals during the month stood at 816,250. 

What will be Singapore’s biggest win if China chooses to reopen

The sleeping giant is expected to move the benchmark of Singapore’s international arrival.

Capitaland Ascott Trust reports RevPAU up by 88%

An increase in occupancy and average daily rates boosted RevPAU.

Chart of the Day: More Singaporeans plan to travel abroad in 2023

A study found that 52% intend to travel internationally next year.

Singapore is most in-demand travel destination in APAC: report

Bookings as of June 2022 were 10% higher than in 2019 levels. 

STB to boost MICE recovery with 3 new partnerships

Amongst STB's new partners is the Italian Exhibition Group.