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hospitality industry
Economic outlook
Hospitality industry sees recovery, new trends and intense competition
These experts share their two cents on the latest trends in the hospitality industry.
October 10, 2024
Travel
Marriott International’s Oriol Montal shares today's new ways to travel
Marriott International’s Oriol Montal tells us about the latest happenings in luxury travel.
August 15, 2024
Tourism
The hospitality industry bounces back
In June, 1.13 million visitors returned to Singapore for leisure and work, signalling a resurgence in the hospitality industry.
August 03, 2023
Digital Economy
Marina Bay Sands introduces mobile check-in and digital keycards for guests
This is part of the transformation plan to elevate the end-to-end digital experience across all touchpoints of the guest journey.
April 10, 2023
Tourism
Returning travellers fuelling the hospitality sector
International tourist arrivals worldwide during the first five months of 2022 recovered to almost half of pre-pandemic 2019 levels
November 03, 2022
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.
November 03, 2022
Results
Hotel Royal sinks into the red in 1H with loss of $3 mil
Hotel Royal sinks into the red in 1H20 with a loss of $3 mil due to global travel restrictions
August 07, 2020
Results
Genting Singapore's 1Q earnings tumble 55% to $149 mil as Covid-19 impact turns 'devastating'
“The pandemic has been absolutely devastating to the tourism industry across the world,” says GENS. “Our flagship property, Resorts World Sentosa (RWS) too, has been severely affected and will continue to face significant challenges,” it adds.
May 13, 2020
Covid-19
Hotels hit by Covid-19 see diversification as key when recovery resumes
“With the plunge in both visitors and meetings, I am sure the government is going to have to do more if there is any hope for the hotels to survive,” says Liza.
April 17, 2020
Tech
SoftBank remakes itself with a US$41 bil bazooka
The deleveraging exercise was forced on Softbank which had piled up gross consolidated debts of nearly US$170 billion and net debts of over US$130 billion.
March 27, 2020