Hotels & Tourism
Ascott reports record-high $331m fee earnings in 2023
Ascott reports record-high $331m fee earnings in 2023
It also reported the highest number of property openings in a single year.
Singapore among top Chinese New Year destinations: report
Tourists spend a lot on shopping, local food and attractions.
Singapore's tourism gets boost from Taylor Swift’s 6-day concert
Tour bookings rose 2,373%.
Andrew MacDonald steps up as Resorts World Sentosa director
He currently serves as the chief casino officer of the integrated resort.
Genting Singapore’s net profit soars 80% YoY to $611.6m in FY23
With the increase, the company declared an 80% YoY higher earnings per share.
1.44 million travellers visited Singapore in January
The average length of stay dropped to just 3.45 days, from 4.32 days a year ago.
Singapore ranks 8th most searched destination for Valentine’s Day: Agoda
The city-state trails behind other major Asian countries.
Singapore-China visa-free programme boosts CNY bookings to SG
The volume of CNY bookings to Singapore increased 206x compared to 2023.
Singapore sees 46.8% higher inbound travel for CNY holiday
Singaporean travelers, meanwhile, are flocking to theme parks in Hong Kong and Japan.
SG to log $24.5b-$26b tourism receipts in 2023, beating STB forecast
In 9M23, tourism receipts already crossed the $20b mark.
CapitaLand Ascott Trust to divest Citadines Mount Sophia for $148m
The REIT expects to receive net proceeds of $138.6m from the divestment.
OUE REIT’s net property income up 15.9% to $119.7m in H2 2023
Hilton Singapore Orchard’s full reopening helped drive OUE REIT’s profits in 2023.
STB, MBS, and UOB launch tourism initiatives for Marina Bay precinct
The initiatives include over 50 exclusive experiences in Marina Bay.
SG tourism product searches from China rise after visa-free travel news
Visa-free travel between the countries will begin on 9 February.
One World Duty Free opens new Singapore Flyer store
A portion of the store will open in the second quarter of the year.
Ascott's Oakwood portfolio sees 20% growth since 2H22
The portfolio has recorded over 20 new signings since Ascott’s acquisition.
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