Hotels & Tourism
Singapore hotels' average occupancy rate dipped to just 85%
As RevPAR dropped 3.1% to S$215.
Alan Choe Fook Cheong retires as Pan Pacific Hotels Group director
He was also chairman of Remuneration Committee, Nominating Committee, and member of Audit Committee and Executive Committee.
Far East Orchard forms market-leading JV with Toga Group
Set to conquer Australia and New Zealand.
Living and breathing service innovation (productivity) in the hotel industry
2012 has been a good year for the Singapore hotel industry. Despite uncertainties in the global economy, visitor arrivals remained strong with an...
Far East H-Trust to acquire Rendezvous Grand Hotel Singapore for $264.3m
Includes retail centre Rendezvous Gallery.
A-HTRUST acquires Park Hotel Clarke Quay for S$300 million
Ascendas Hospitality Trust sees its potential.
Hotel room occupancy rate to drop 'marginally': analyst
But will stand pat above 80% mark.
Amara Holdings JV looking to build $50 million Myanmar hotel
Real estate projects also on the horizon.
OUE hospitality division to manage sprawling resort on Funtasy Island
MHR chosen for its "hospitality expertise".
Chart of the Day: Occupancy rates in posh hotels hit 81.6%
But average room rates edged up as well.
Chart of the Day: Brace yourselves for a slew of hotel rooms
A whopping 53,000 by 2015.
Hotel room supply growth to outstrip 5.4% demand
Even length of stay is dropping.
53,000 additional Singapore hotel rooms will be available by 2015
More than 20% increase from 2012-2015.
Singapore's tourist count pegged to edge up by 2.8-7.6%
But it won't grow as much as it used to.
CDL Hospitality Trust to face tighter competition in mid-tier and upscale segments
5.4% projected room demand remains a challenge.
Singapore's 2012 tourist count edged up a measly 9%
Versus 2011's 13% growth.
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