Hotels & Tourism
Hospitality REITS should brace for tourism drought in 2015
Hospitality REITS should brace for tourism drought in 2015
There will be fewer flights from two key markets.
GuocoLeisure launches four-star Amba brand
Amba Hotels will be Europe’s largest four-star brand with 2,088 rooms.
Singapore travellers to the US can now avoid long immigration lines
We’re the sixth nation to join the Global Entry Program.
CDL Hospitality Trust makes maiden hotel acquisitions in Tokyo
The two hotels are worth $63.8m in total.
OUEHT to acquire Crowne Plaza Changi and Crown Plaza Changi Extension for a total of $495m
Upon completion of both projects.
Straco Corp appoints Xu Niansha as director
He was vice president of China National Machinery Industry Corp.
Unhappy campers: Half of Singaporeans slammed their travel rewards programmes
It’s one of their biggest factors before making a travel purchase.
Tourist satisfaction with local hotels crashed to 5-year low in Q3
Local attractions are losing their glam.
LCD Global Investments appoints Zainul Abidin Bin Mohamed Rasheed as director
He is Singapore's Ambassador to Kuwait (Non-Resident) and Foreign Minister's Special Envoy to the Middle East.
Olivier Lim Tse Ghow joins Banyan Tree Holdings as director
He is subject to retirement and may stand for re-election at the company's next Annual General Meeting, pursuant to its Articles of Association.
Massive hotel room glut to squeeze hospitality REITs’ profits in 2015
Luxury hotels are particularly vulnerable.
Year-long earnings drought awaits local casinos as high-rolling tourists vanish
Can the gaming giants withstand it?
No reprieve in sight for battered Genting Singapore in Q4
The gaming giant is playing a losing bet.
Genting’s profit plummeted 43% in Q3 as Chinese VIPs exit
Net profit dropped to $127.1m.
Daily Briefing: Why it's so hard to buy an EC in Singapore; Local casinos struggle under China corruption crackdown
And Singapore opens S$2 million KF1 Karting Circuit.
Singapore casinos brace for battle as VIP volumes fall
The fight is starting to turn ugly.
Ascendas HT's 2Q15 income up 6.9% on Osaka Namba Washington acquisition
Its Australia portfolio has also improved.
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