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NEWS

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Tourist arrivals up 7.6% for first half of the year

About 9.2 million tourists visited Singapore between January and June this year, a 7.6 per cent increase over the same period last year.

The increase was highest for the month of June, when the Republic hosted the meeting between United States President Donald Trump and North Korean leader Kim Jong Un. That month, 1.54 million visitors arrived in Singapore, up 11.32 per cent from the same ...more

Hilton gears up for regional expansion as travel market grows

Singapore

HOTEL group Hilton will triple its presence in the Asia-Pacific in the next three to five years as it introduces new brands and expands the footprint of existing brands in the burgeoning travel market.

Growth in the global travel and tourism industry is being propelled by an emerging middle class as well as a hunger for experiences, highlighted Hilton's chief executive officer ...more

Crazy Rich Asians sparks local tour craze

It is unusual to see anyone other than students, teachers and parents in the vicinity of the Anglo-Chinese School in Barker Road.

So passers-by would have been somewhat surprised to see a minibus with 16 passengers - from countries including Britain, Norway and Australia - slowing down so the foreigners could take a look at its red brick facade earlier this month, as a guide spoke of the ...more

DBS ramps up project finance deals on Asia infrastructure

Singapore

DBS Bank is beefing up its project finance team to get a share of Asia's huge infrastructure development needs.

From Beijing to Sydney, DBS project finance (PF) bankers can be found as Southeast Asia's largest bank hopes to play a key role in helping develop the region's infrastructure.

Developing Asia will need to invest US$26 trillion from 2016 to 2030, or US$1.7 ...more

CapitaLand invests US$25.9m in Indonesian hotel operator

Singapore

CAPITALAND has invested US$25.9 million for a 70 per cent share in Indonesian company Green Oak Hotel Management (GOHM), the real estate developer announced on Monday.

The investment in GOHM, which is the holding company of Tauzia, one of Indonesia's top five hotel operators, is part of CapitaLand's strategy to grow its hospitality business through The Ascott, its wholly-owned ...more

Celebrities bring star power to enterprise tech conferences

Singapore

ENTERPRISE tech conferences have evolved into extravaganzas.

Once events for enterprise tech firms to showcase their products to clients, partners and the media, many of them now feature musicians, inspiring speakers, games and recreation events to create a spirited environment for attendees to learn and network. To observers, these have been costly but rewarding in helping ...more

More than a hotel-listing platform

UNLIKE many other tech startups out there, Zuzu Hospitality Solutions believes that people still have a place in its services. The three-year-old company, which focuses on providing online management and distribution tools to independent hotels, packages both software and consultants together.

"The challenge is that if you give hotels technology, they don't know how to use it. And if you just ...more

Mickey Mouse to light up Orchard Rd this Christmas

A host of Disney characters, including the most famous of them all, Mickey Mouse, will feature in the light-up of Orchard Road this Christmas.

This follows a tie-up between the Orchard Road Business Association (Orba) and the Walt Disney Company South-east Asia.

Mr Mark Shaw, who chairs Orba, said: "We hope this year's brilliant display of many well-loved Disney characters will ...more

Raffles Hotel to reopen with new restaurants

Chef Anne-Sophie Pic of three-Michelin-starred Anne-Sophie Pic - The Restaurant in France is opening a restaurant at the Raffles Hotel. To be called La Dame de Pic, the 50-seat restaurant in the main building of the hotel is her first foray into Asia.

It will offer diners a taste of Valence in south-east France, where her restaurant is located. The cooking, the hotel says, "reflects her search ...more

Far East Hospitality sees room for variety as it grows

Singapore

MID-TIER hotel operator Far East Hospitality's chief executive Arthur Kiong acknowledges the rosy statistics for the hospitality industry: tourism arrivals were up to 17.4 million last year and hotel occupancy this year hovers around the mid-80s.

Pointing to Singapore Tourism Board (STB) figures that show average room rates for the mid-tier segment between January to May ...more
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