Hotels & Tourism

Coliwoo wins tender for Jalan Loyang Besar site

It will be transformed into a new co-living property.

RevPAR drops 5.5% You in May

This was driven by the post-’Taylor Swift effect’ normalisation.

DRC Investments will not extend Amara Holdings buyout offer

The company offered to privatise Amara Holdings at $0.895 per share.

Hotel ADRs drop 5% YoY in Q1 2025

The average daily rate fell to $299.

CDL doubles sales revenue to $1.9b in Q1 2025

It sold 795 units, 85% higher than the same quarter in 2024.

Singapore travel to Japan hits record high on strong SGD in 2024: Mastercard

Travellers from Singapore, India, and China are especially responsive to currency shifts, the report noted.

Genting Singapore profit down 41% to $145m in Q1

On a quarterly basis, earnings rose 2%.

Travel marketers shift focus with trust reshaping influence: report

Consumers rely on multiple platforms such as comparison sites (74%), online travel agencies (65%), loyalty programs (51%).

Amara Holdings taps W Capital Markets to advise on DRC’s proposed buyout

DRC offered $0.895 per share for all of Amara Holdings’ issued ordinary shares.

UOL, Hilton to open Asia Pacific’s first NoMad Hotel in Singapore

The hotel is expected to be operational in early 2027.