Hotels & Tourism
OUEHT's Mandarin Orchard's RevPAR up 5% to $210
OUEHT's Mandarin Orchard's RevPAR up 5% to $210
This led to the 6% growth in the net property income.
Chart of the Day: Hotel market RevPAR dipped slightly by 1.1%
Whilst market occupancy fared better, reaching 85.6%.
Chart of the Day: Visitor arrivals to reach 16.7m this year
STB recorded 5.79m visitors in the first four months of the year.
M&C REIT Management appoints Cheah Sui Ling as independent non-executive director
It will be effective 18 August 2017.
Riverstone Holdings profit down 0.8% to $8.6m in Q2
The company is getting dragged by hiking prices of raw materials.
Far East Orchard profit nosedives 97.3% to $1m in Q2
The group is failing to beat operating challenges.
OUE Hospitality Trust's 31.5% DPU boost is highest for S-REITs in Q2
Hospitality and retail segments boosted its revenue by 16.0%.
Hotel room revenues dip 1.3% in Q1
STB noted that revenues came in at around $0.8b.
Tourists in Singapore splurge $6.4b in Q1
Tourism receipts grew by 15%.
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.
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