Chinese tourists

UOBKH lowers TP for ThaiBev; anticipates near-term temporary delay in Chinese tourists arrival following shooting incide - THE EDGE SINGAPORE

Broker's Calls

UOBKH lowers TP for ThaiBev; anticipates near-term temporary delay in Chinese tourists arrival after shooting incident

UOBKH notes that Chinese tourists arrivals in Thailand will soar, following the visa-free entry coming into place in September.

Tourism

Singapore sees Chinese visitors at 30% - 60% of pre-pandemic level

The city-state welcomed about 870,000 Chinese visitors as of end-August, making up close to 30% of 2019 numbers, says STB.

Broker's Calls

Hospitality S-REITs entering 'multi-year upcycle' with 'travelanche' of Chinese travellers: DBS

DPUs will recover to 106% of levels in FY2024, which will more than compensate for higher interest rate risks, say DBS's analysts.
Banyan Tree branches out globally - THE EDGE SINGAPORE

Company in the news

Banyan Tree branches out globally

China’s holidaymakers are still missing but the luxury resort operator is opening new properties elsewhere to make up the numbers.

2019 in review

Looking back at 2019

SINGAPORE (Dec 20): Singapore’s open economy makes it vulnerable to the ebb and flow of global trade. This inevitably has an impact on the local stock market.

Fintech

Alipay and STB conclude first 'cashless trip' for Chinese visitors to Singapore

SINGAPORE (Sept 13): Alipay, the mobile payment and lifestyle platform operated by China’s Ant Financial Services Group, has concluded its first “cashless trip” made by Chinese visitors to Singapore.
Tourists in Singapore

Broker's Calls

Singapore woos Chinese tourists to boost hospitality sector

SINGAPORE (Oct 6): Singapore has stepped up efforts to woo Chinese tourists amid weaker traveller sentiments and lower corporate demand.
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