Hotels & Tourism
Frasers Property shareholders back hospitality assets optimisation
Frasers Property shareholders back hospitality assets optimisation
The approval gives Frasers full ownership of Fraser Suites Singapore and enables Valley Point redevelopment.
Gather House exceeds 90% occupancy after soft launch
Phase 1 opened in early August with 72 beds for younger independent travellers.
Genting Singapore net profit drops 34% to $156m in H1
Higher depreciation and lower interest income weigh as revenue slips 1%.
Frasers Property's $674.3m hospitality bet heads to shareholder vote
FPL projects the deal will lift EPS in financial year 2025 by 3.4%.
Far East H-Trust NPI down 0.6% YoY to $45.36m in H1
Higher property expenses offset the increase in gross revenue.
Budget hotels near recovery as wider market lags
High-profile tourists events are expected to underpin demand.
China powers Singapore's $8.6b tourism haul in Q1
Shopping and gaming gains outweighed softer hotel and dining spending.
Financial concerns make Singaporeans APAC’s most cost‑conscious travellers
Most are adjusting booking habits instead of cancelling overseas travel plans outright.
SC Capital ramps up Japan push with Tokyo hotel deal
It will set up a major revamp as new development remains constrained in the market.
Gaming and tourism lose ground as investors bet on steady profits: CGSI
AI exposure and higher interest rates help firms stand out from weaker sectors.
Outbound flight bookings take off during June holidays
Mid and long haul trips both rose 21%.
Therme Group breaks ground on $1b Marina South wellbeing project
The development will feature over 20 pools and 70 treatment rooms.
Singapore leads Muslim-friendly travel ranking outside Islamic bloc
It ranked 11th globally in the latest Mastercard-CrescentRating index.
Hotels lift rates and revenue despite softer visitor arrivals
Room revenue and occupancy rose in the first four months even as tourism traffic weakened.
Visitor arrivals fall 1.2% to 7 million in January to May
May recorded the weakest monthly tally so far this year as arrivals from China and Indonesia declined.
Gov’t lifts hotel, hostel restrictions on Upper Circular Road
Beach Road rules are also being eased.
Beyond policy: How Singapore's service sector can win at the frontline
But if the boardroom does not provide frontline teams with anything new, there’s no way that conversation translates to the floor.
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