Hotels & Tourism
HPL’s net profit crashed 68% to $14.3m in Q1
Due to weak contributions from its property arm.
OUE Hospitality Trust's net property income up 0.3% to $25.7m in Q1
Thanks to Crowne Plaza Changi Airport.
Global Premium Hotels’ net profit down 18.6% to $3.2m in Q1
Due to higher costs.
Wu Bingqing resigns as M Development director
He chose to give himself more personal time.
CDL Hospitality Trust's net income dipped 10.9% to $25.5m in Q1
On back of weak hotel revenue.
Ng Kok Lip retires as Hotel Royal director
He served the board for 12 years.
Far East Hospitality Trust’s net property income slipped 11.3% to $24.5m in Q1
Due to fewer visitor arrivals.
Resorts World Sentosa struggles to replicate Marina Bay Sands' mass-market prowess
MBS' mass-market daily win rate grew 5.9%.
Tan Siok Hwee retires as Far East Orchard director
She was in the board for almost 28 years.
Genting in for a rebound after massive sell-off in March
Thanks to a horde of bargain hunters.
Chart of the Day: This year’s Jan-Feb RevPar the weakest in four years
The mid-tier hotels suffered the most.
Can Hotel Jurong reverse Genting’s bad luck?
It’s slated to open on April 30.
Expect weak reports from hospitality REITs as hotel revenues dwindle
RevPAR fell 7% year-on-year.
LCD Global Investments promotes Chai Yue Kai to CEO
He was head of real estate development at Straits Trading Company.
Tourism headwinds to persist in 2015, warns STB
Arrival growth will be flat to moderate.
Tourism sector set to benefit as jittery Chinese tourists ditch insecure Thai carriers
Traffic could be diverted to Singapore.
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