Hotels & Tourism

Oxley's $950m hotel divestment could see 4.7% gross yield: analyst

Oxley's $950m hotel divestment could see 4.7% gross yield: analyst

The deal may ease concerns on debt payment risks with its $450m retail bonds maturing in November 2019.

Oxley sells Mercure and Novotel Hotels for $950m

The hotels along Stevens Road house a combined 772 rooms.

Singapore placed 10th as most visited destination

The lion city is most popular amongst travellers from the UK thanks to its cuisine and heritage.

Hospitality sector could get a RevPar boost by 2019

A muted supply increase in hotel rooms combined with the rise of demand from the leisure segment could work well for hotels' RevPAR.

APAC's hotel transaction volume hit US$5.2b YTD in 9MFY18

China, Japan and South Korea accounted for 70% of transaction volumes.

Here are three new Sentosa hotels to watch out for in 2019

Village Hotel, the biggest with 606 guest rooms, features the Lazy River pool for children and the Pamukkale Pool which is an infinity pool...

OUE Hospitality Trust NPI down 1.4% to $29.1m in Q3

It ceased to get income support for Crown Plaza Changi Airport.

Far East Hospitality Trust Q3 NPI up 11.8% to $27.69m

It cited higher room demand and hotel revPAR, which rose 6.6% to $152.

Frasers Hospitality Trust NPI down 6.7% to $29.4m in Q4

Only the Singapore and Germany properties performed well across the firm's portfolio.

Plans to reshape Sentosa and Pulau Brani underway

The government will make way for new tourist attractions and investments.

Visitor arrivals to Singapore up 7.7% to 9.2 million in H1

1.3 million visitors came for business-related purposes and spent $2.2b worth of tourism receipts.