Hotels & Tourism
Singapore to top-up tourism fund by $65.8m
Singapore to top-up tourism fund by $65.8m
The extra cash injection will support the sector’s recovery amidst near-term headwinds.
Singaporeans at ease with digital health apps for travel
But only a handful are planning to book international flights as soon as restrictions are lifted.
2.2 million Singaporeans have not used their SingapoRediscovers vouchers
The vouchers, designed to get locals spending on tourism services, will expire on 30 June.
More data needed before borders can be opened - MOH
The Ministry of Health noted that most countries have just begun their vaccination programmes.
Hospitality REITs to stay below pre-pandemic levels until 2023: Moody's
Moody's Investor Services said travel disruptions would keep hospitality REITs revenue weak for the near future.
Far East Hospitality Trust granted $125m sustainability loan
Part of the funds will be used to reduce the company's energy consumption.
Daily Briefing: WEF meeting perparations push through; Aviation contractor attempts supersonic combat drone;
And The World Economic Forum's special annual meeting will be held in Singapore in August.
Travel corridor between Singapore and Indonesia underway
Singaporeans may visit Batam Nongsa and Bintan Lagoi in April.
Revenue of Ascott and Frasers REITs to remain weak until 2023
But excellent liquidity will help them through the industry turmoil.
Reopening borders a key priority: gov't
Prime Minister Lee Hsien Loong wants travel to resume within the year end.
Garcha Group launches luxury co-living boutique hotel
MYPOSHPAD offers members exclusive social events ideal for professionals.
Connect@Changi welcomes first set of overseas travellers
The facility aims to resume businesses amidst the COVID-19 pandemic.
UOL net profit plunges by 97%
Earnings per share took a dive from $56.8 cents to $1.6 cents.
CDL suffers $1.9b loss in H2 2020
The property firm's revenue fell by 38.5% for FY 2020.
Far East Orchard profit crashes by 94% in 2020
The hotel operator took a massive hit behind closed borders.
Genting Singapore suffers 90% profit loss in 2020
Profits continued to plunge despite the reopening of Resorts World Sentosa in H2 2020.
Singapore delays business travel bubble plans
The plan was first announced in December 2020.
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