Hotels & Tourism
Singapore's passport is the most powerful in the world
It shared the top spot with Japan and South Korea, having visa-free access to 189 countries.
Singapore's passport is the most powerful in the world
It shared the top spot with Japan and South Korea, having visa-free access to 189 countries.
Oxley appoints consultants as it looks for Mercure and Novotel's new buyer
This follows the firm’s termination of its LOI from Gracious Land.
Oxley terminates LOI for $950m sale of Mercure and Novotel hotels
Its purchaser Gracious Land failed to make its subsequent 4% consideration deposit of $38m.
ZUZU Hospitality Solutions raises $5m in series A funding to boost APAC expansion
The firm hired country managers for their expansion in Thailand and Australia.
Tourism receipts up by 10% to $3.44b from January to September 2018
BTMICE visits increased by 14% to 2 million arrivals during this period.
Chart of the Day: 6.2% rise in tourist arrivals cushioned retail sales slip in 2018
Growth was driven by substantial increased arrivals from the US and Europe.
Hotel RevPAR up 2.4% to $188.57 in 2018
It was driven by growth in market occupancy and ADR.
First Sponsor to buy German hotel for $75.7m
The 340-room hotel houses more than 1,800 sqm of meeting and event space.
Daily Briefing: Malaysian foreign minister says port limits issue quicker to fix than water concerns; 199 unlicensed PMDs impounded by LTA
And here’s why Sentosa is a better Bali according to CDL’s executive chairman.
Hotel investment deals hit three-year high at $518.7m in 2018
Investors are embracing hotel assets as the residential segment loses luster.
CDL's profits edged up 6.7% to $557.33m in 2018
The strong-performing residential segment offset a massive decline in its hospitality business.
Frasers Property appoints Koh Teck Chuan as CEO for Frasers Hospitality
He was formerly CEO at MCL Land.
Hotels in Thailand poised for 6% RevPar growth in 2019
Tourist visits will recover following the Phuket boat accident in last 2018.
First Sponsor's profits rose 28% to $113m in 2018
The increase was mainly due to higher profits generated from property financing and hotel operations.
Singapore's visitor arrivals jumped 6.2% to 18.5 million in 2018
Tourism receipts also inched up 1% to $27.1b.
Far East Hospitality Trust's NPI edged up 10.3% to $102.76m in 2018
It was buoyed by higher RevPAR of its hotel portfolio which grew 7.5% to $142 in Q4.
Daily Briefing: Divergence of property prices fueled by ‘euphoric' sentiments; oBike to ditch bike sharing for e-scooter services
And here’s how Singaporeans could enjoy automated immigration clearance in New Zealand.
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