Hotels & Tourism
Hotel Properties’ profit plummets 95% in FY2024
Hotel Properties’ profit plummets 95% in FY2024
The company said it was due to higher finance costs and fair value loss.
Currency pressures, regional rivals hit Singapore’s medical tourism
Singapore is facing a decline in foreign patients as they opt for cheaper alternatives.
How Singapore hotels target sleep-deprived majority with wellness packages
93% of Singaporeans aged 18 to 50 wake up unrested, according to the Sealy Global Sleep Census.
Minion Land, Oceanarium grant earnings uplift potential to Genting Singapore
RWS’ Waterfront Development will further elevate the resort’s vibrancy, an analyst said.
Strong tourism rebound boosts hotel investment appeal: CBRE
The recovery of international travel and business tourism has further bolstered investor confidence in the Singapore hotel sector.
Genting Singapore net profit down 5% to $578.9m in FY2024
Revenue rose 5% to over $2.5b.
Trip.com reveals top travel trends for Singaporeans in 2025
Cruising and space tourism is gaining traction among Singaporean travellers.
BUDGET 2025: $1B investment for hawker centres over next 30 years
Hawker vendors to receive one-time $600 rental support.
Singapore remains Western Australia’s top APAC market in 2024
Family travellers accounted for 35% of total visits.
NBA announces multi-year Singapore events with SportSG and STB
The partners will launch the NBA Rising Stars Invitational” in June.
Singapore’s visitor arrivals could reach up to 18.5M in 2025: report
This follows a 21% YoY growth in 2024.
What are the top hotels in Singapore in 2024?
Artyzen Singapore was the highest-rating hotel, according to Atiom’s report.
Singapore retail sector poised for 2025 rebound amidst new attractions
In December 2024, retail sales declined by 1.5% MoM seasonally adjusted after a 2.8% drop in November.
Tourism spend to reach all-time high for 2024
Chinese, Indonesian, and Australian tourists are the top spenders.
Singapore tourism grows with China-led visitor surge in 2024
The surge was due to the 30-day mutual visa exemption with Mainland China
Trip.com, ASEAN target Southeast Asia as top travel hub in 2025
The company will take advantage of the growing travel market in the region.
Ascott expands Oakwood brand with 16 new property signings in 2024
The Oakwood portfolio now comprises nearly 100 properties.
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