Hotels & Tourism
Bangkok beats Singapore as best travel destination
Singapore expects only 12.11m international overnight visitors this year.
Tourists' spending swells 12% to $11.6b in H1
More than a quarter was spent for shopping.
Global Premium Hotels' profits fell 8.5% to $3.3m
Revenues also declined 6.3%.
CDL Hospitality Trust revenues hit by Zika outbreak
RevPAR fell 7.2% to $168 in 3Q.
Mandarin Orchard's revenue could fall 6% this year
But here's one reason to stay positive about OUEHT.
OUEHT's revenues under threat as supply glut looms
Mandarin Orchard's RevPAR dip 8% in 3Q.
Zika stings CDL hotels in September
RevPAR dropped 7.2% to $168.
Ascendas Hospitality Trust ditches sale plans
It is no longer looking to exit the market.
Yoma to divest tourism business through a reverse takeover
These businesses will be injected into a new platform.
Singapore amongst five ASEAN cities to dominate travel, tourism sector over the next decade
The industry is projected to be worth $1.1tr.
Will hospitality REITs reflect depressing Q3 results?
RevPAR already fell 4% to $244.
Singapore's Raffles Hotel to shut for face lift
It will reopen in mid-2018.
Singapore hotel sector is showing signs of improvement
Visitor arrivals to hit 15.8m in 2016.
Chart of the day: See how tourists’ average length of stay has slowly deteriorated
It has shortened to just 3 days.
Singapore hoteliers have less to cheer for as Golden Week comes
Chinese visitors’ average stay is further shortened to just 3 days.
Domestic demand to drive Greater China’s hotel market development
Mainland tourists grew 3.8% YoY in the 1H.
Read Here
Advertise
Sign Up
![Video [Event News]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_featured_article/public/2025-05/screenshot-2025-05-08-at-4.58.53-pm_0.png.webp?itok=Kud35sMs)
![Event News SBR 9 Lorem Ipsum [8 may]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_thumbnail/public/2025-05/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_8.png.webp?itok=DTh_dbYp)
![Event News SBR 9 Lorem Ipsum [8 May]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_thumbnail/public/2025-05/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_7.png.webp?itok=vzDAzb6V)
![Event News SBR 8 Lorem Ipsum [8 May]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/event_news_thumbnail/public/2025-05/a_hand_pointing_to_a_futuristic_technology_5b87c9d0e3_6.png.webp?itok=jvHFc4P6)
![Video [Event News]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/video_thumbnail/public/2025-05/screenshot-2025-05-08-at-4.58.53-pm_0.png.webp?itok=yZnI0YBb)
![Video 1 SBR [8 May]](https://cmg-qa.s3.ap-southeast-1.amazonaws.com/s3fs-public/styles/video_thumbnail/public/2025-05/screenshot-2025-05-08-at-4.58.53-pm.png.webp?itok=9AAeRz_k)
