Hotels & Tourism
Escalating forex woes derail Genting's mass-market growth dreams
Escalating forex woes derail Genting's mass-market growth dreams
There will be absolutely no growth in FY16.
Will Resorts World Sentosa and Marina Bay Sands survive Singapore's tourism slowdown?
Integrated resorts will manage to scrape through, says Fitch.
Chart of the Day: Here’s how much room rates were slashed by desperate hoteliers
Average daily rates fell by 5.7% in May.
How to circle the globe using budget airlines
Flights can be as low as US$35 between major Asian hubs.
Chart of the Day: Hoteliers forced to slash rates as massive room glut floods the market
Over 4,000 rooms will come onstream this year.
The 5 glamorous hotels where famous locals have tied the knot
Ever wondered where Singapore celebs hold their wedding galas?
GuocoLeisure’s full-year net profit jumps 23% to $67.06m
On back of sharply lower costs.
Chart of the Day: Luxury hotel room rates dip as corporate travellers vanish
Performance won't improve for the rest of the year.
Tourists are ditching Singapore for exotic Northeast Asian destinations
Is ASEAN losing the battle for more visitors?
Chart of the Day: Where do Singapore's tourists come from?
Indonesia is the largest market.
The chips are still down for struggling gaming giant Genting
Bad debts declined at the cost of market share.
STB unveils new $10m fund to boost visitor experience
Businesses are urged to develop new attractions.
Straco’s net profit rises 26% to $10.5m as Singapore Flyer earnings soar
Coupled with strong performance from China operations.
Check out these upcoming hotels which will open doors in H2
Two new hotels will launch in the Changi area.
OUE hit with $16.3m net loss in 2Q
Due to a $20.5m fair value loss.
Opening of CityDev’s gigantic South Beach hotel delayed by manpower shortage
Soft launch has been pushed back to September.
Genting hit with painful $16.9m loss in Q2 as Resorts World loses high-rolling clients
Gaming revenue fell steeply by 28%.
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