Hotel deals worth $1.1b expected in Q3

The investment pipeline follows a quiet second quarter as visitor arrivals reached 7 million in the first half.

Three major Singapore hotel transactions worth a combined $1.1b are expected to conclude in the third quarter of 2026, according to JLL.

The anticipated deals involve the 336-room Robertson House, the 575-room Crowne Plaza Changi Airport and the 272-room Orchid Hotel. The three properties comprise 1,183 rooms in total.

JLL said the pipeline signals continued investor interest in Singapore’s hospitality sector following limited transaction activity in the second quarter.

Singapore recorded 7 million international visitor arrivals in the first half of 2026. Travellers from markets including China, the US and Japan supported tourism demand.

Despite the increase in arrivals, revenue per available room declined year-on-year. JLL did not disclose the percentage change.

Hotel supply expanded by 720 rooms during the first half. Major properties that opened in Q2 included the 128-room Varel Singapore and the 90-room lyf Chinatown Singapore.

Upcoming supply is expected to remain concentrated in the midscale and upscale segments.

JLL expects recovering corporate travel, major meetings and events, Singapore’s safe-haven appeal and favourable financing conditions to support occupancy and hotel revenue growth in the near term.

Investor demand is also extending to co-living properties, building on earlier hotel conversion transactions in Punggol Digital District and Changi.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia