Hotels & Tourism
CapitaLand Ascott Trust to divest Citadines Mount Sophia for $148m
The REIT expects to receive net proceeds of $138.6m from the divestment.
CapitaLand Ascott Trust to divest Citadines Mount Sophia for $148m
The REIT expects to receive net proceeds of $138.6m from the divestment.
OUE REIT’s net property income up 15.9% to $119.7m in H2 2023
Hilton Singapore Orchard’s full reopening helped drive OUE REIT’s profits in 2023.
STB, MBS, and UOB launch tourism initiatives for Marina Bay precinct
The initiatives include over 50 exclusive experiences in Marina Bay.
SG tourism product searches from China rise after visa-free travel news
Visa-free travel between the countries will begin on 9 February.
One World Duty Free opens new Singapore Flyer store
A portion of the store will open in the second quarter of the year.
Ascott's Oakwood portfolio sees 20% growth since 2H22
The portfolio has recorded over 20 new signings since Ascott’s acquisition.
Marina Bay Sands invests US$750m in 2nd phase of hotel development
The company plans to finish development works in phases through 2025.
Singapore passport is amongst world’s most powerful
Four other countries hold the same power as a Singaporean passport.
Conrad Singapore Orchard officially opens
The hotel is Hilton’s second Conrad property in Singapore.
Ascott, C-WELL acquire Bugis hotel, to relaunch under lyf brand
The planned lyf Bugis Singapore is expected to launch in mid-2024.
Ascott launching 8 new lyf properties over next four years
The new properties are located in Singapore, Malaysia, Bali, Sydney, Tokyo, and Frankfurt.
Consumers buzz most about Changi Jewel amongst local retail and leisure attractions
The percentage of people talking about the airport stood at 30.2% in November.
Trip.com taps Edmund Ong as new general manager for Singapore
Ong will succeed Ru Yi.
Accor, Worldwide Hotels Group to launch largest Mercure Hotel in Singapore
The hotel will have 989 rooms.
Singapore Airlines, Marriott International boost partnership to offer more benefits to members
The partners will introduce “status match” to members of its lifestyle programmes.
Singapore emerges as the world’s 11th top city destination in 2023
In Southeast Asia, Singapore ranked first.
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