hospitality

SINGAPORE (May 15): Straits Trading Company, the group with stakes in real estate, hospitality resources and investments in Asia Pacific, has announced $21.9 million in earnings for the first quarter ended March 31 – representing a 2.7% decline from its

SINGAPORE (May 5): Roxy-Pacific Holdings, the property and hospitality group, has announced earnings of $5.9 million for the 1Q ended March, 40% down from $9.9 million a year ago.

SINGAPORE (May 5): Property developer GSH Corp sunk into losses of $1.35 million for the first quarter ended March, versus a profit of $2.8 million posted in the same quarter a year ago.

SINGAPORE (May 4): Maybank Kim Eng Research continues to rate Genting Singapore (GENS) at “buy” with a higher price target of $1.25 from $1.10 previously with catalysts expected from a potential Japanese casino licence.

SINGAPORE (March 30): Unlisted Collection, the umbrella brand of hotelier and restauranteur Loh Lik Peng, will be officially bidding farewell to New Majestic Hotel on June 1 to make way for new developments after owning and operating the boutique establis

SEATTLE (March 23): Amazon.com Inc.’s battle with Apple Inc. over digital assistants is moving to a new venue: hotel rooms, where Alexa and Siri are both vying to be the voice-controlled platform of choice for travelers.

SINGAPORE (March 2): Mandarin Oriental, a member of the Jardine Matheson Group, has declared FY16 earnings of US$55.2 million ($77.9 million), 38% down from its earnings of $89.3 million in the previous year on weak demand in a number of its key cities.

SINGAPORE (Feb 23): Banyan Tree Holdings, the manager and developer of luxury hotels, resorts and spas in Asia, has declared $8.5 million in 4Q earnings on higher operating profit – a turnaround from the $18.4 million loss posted in 4Q15.

SINGAPORE (Feb 9): OCBC Investment Research maintains its “neutral” stance on Singapore’s hospitality industry with OUE Hospitality Trust (OUE HT) as its top and only “buy” pick in the sector with a fair value estimate of 75 cents, as it is expe

(Dec 22): China wants to get more tourists to hit the road, and has even announced targets for skydiving, water skiing and mountain climbing, as authorities push for more consumer spending to aid the economic transition away from old industrial drivers.