Hotels & Tourism

Japan integrated resort wins could seal quicker turnaround for Genting Singapore

Projects in Osaka and Yokohama could yield an aggregate EBITDA of $2.52b by FY 2026.

Japan integrated resort wins could seal quicker turnaround for Genting Singapore

Projects in Osaka and Yokohama could yield an aggregate EBITDA of $2.52b by FY 2026.

Mercurius granted deadline extension to end-August to keep listing status

If it fails, it will only be recognised as a cash company.

Singaporeans spend $1,086 for holiday travels on average: study

Amongst popular destinations are Malaysia, Japan, and Thailand. Singaporeans looking for an escape through leisure travel spend $1,086 on average...

STB and Tiger Beer pledge $3.2m in campaign to promote Singapore

The two-year partnership will see STB bring to life four Tiger District Bottle through AR technology.

City Developments banks on sweeter $3.86b Millennium & Copthorne Hotels buyout to seal the deal

The latest offer represents a 37% premium over M&C’s $8.66 closing price.

Can business travellers play a part in the fight against cyber threats?

The current approach to addressing cyber threats, implemented by corporations in Singapore, is not being communicated effectively enough to its...

City Developments to buy out Millennium & Copthorne Hotels for $3.86b

M&C shareholders will be entitled to receive $11.88 for each M&C share.

Hotel demand to continue outstripping room stock in 2019

Visitors who cannot find rooms are forced to turn to alternative accommodation providers.

UOL properties to get more revamps amidst Draft Master Plan's CBD agenda

It has a retail mall and three hotels in the Marina Bay area. UOL could gain from revamp and redevelopment potential riding on the government’s plan...

Ascendas Hospitality Trust's FY2018/2019 NPI slipped 2.3% to $87.23m

Lower contribution from its Australia hotels hit yearly income.

Frasers Hospitality Trust's DPU could slip 13% for FY2019/2020

Sluggish corporate demand at its Sydney properties is weighing in on near-term performance.

Asia's cruise passenger market up 4.6% to 4.24 million in 2018

China remains the top source market, accounting for 55.8% of Asian passengers. Asia’s cruise passenger source market hit a new high in 2018, with 4...

9 in 10 Singapore business travellers willing to share data with companies or apps

Meanwhile, this figure dipped for leisure travellers wherein 87% are open to data sharing.

OUE Hospitality Trust NPI down 2.2% to $27.66m in Q1

Lower revenue from Mandarin Orchard Singapore dragged on earnings.