resorts

Setting the mood: Combining elegance and efficiency in a Bali resort - THE EDGE SINGAPORE

Interior Inspiration

Setting the mood: Combining elegance and efficiency in a Bali resort

Birdhouses Bali seamlessly blends cutting-edge automation with nature and architecture, enhanced by the advanced JUNG KNX system
Secret paradise across the Causeway at One&Only Desaru Coast - THE EDGE SINGAPORE

Travel

Secret paradise across the Causeway at One&Only Desaru Coast

The hidden oasis promises a pampering beach retreat
Continued demand for 'authentic and personalised' travel, says One&Only Desaru Coast's Jérôme Pichon - THE EDGE SINGAPORE

Travel

Continued demand for 'authentic and personalised' travel, says One&Only Desaru Coast's Jérôme Pichon

The general manager of One&Only Desaru Coast spills on the latest trends and triumphs in hospitality

Results

Genting Singapore sees 4Q earnings rise 12% to $150 mil on higher visitors, hotel occupancy

SINGAPORE (Feb 21): Genting Singapore (GENS) announced earnings of $150.2 million for the 4Q ended Dec 2018, rising 12% y-o-y from its earnings of $134 million in 4Q17 due to higher revenue.

Property

Hatten to develop $67 mil water themepark at Harbour City@Melaka

SINGAPORE (Aug 7): Hatten Land intends to jointly build a RM200 million ($67 million) water themepark in Melaka, Malaysia, in collaboration with resort operator Samsung C&T Corp and Polin Waterparks, the designer and installer of water slides.

Results

Banyan Tree 4Q earnings halved to $3.9 mil on higher expenses

SINGAPORE (Feb 27): Banyan Tree Holdings reported earnings of $3.9 million for the quarter ended Dec 2017, down by more than half of the $8.5 million posted in the same period a year ago on higher expenses.

Results

KOP swings back to black in 3Q with $7 mil earnings

SINGAPORE (Feb 14): KOP Limited is back in the black with $7 million of earnings for 3Q18, compared to its loss of $0.5 million a year ago on a near-tripling of revenue over the period under review.

Global Markets

MGM opens new US$3.4 bil resort in Macau

HONG KONG (Feb 13): MGM Resorts International’s debut of its US$3.4 billion ($4.5 billion) property Tuesday is the latest bet on the world’s biggest casino hub, as licensing bids and China’s proposal to allow gambling on a nearby island cast uncerta

Maldives property could add to Keong Hong’s recurring income

(Oct 2) The Mercure Maldives Kooddoo Resort was launched to great fanfare on Sept 25, despite already being in business for a month. In attendance were Maldivian president Abdulla Yameen Abdul Gayoom, the Maldivian ministers for tourism and economic devel

Broker's Calls

Banyan Tree swings back to profitability in 4Q with earnings of $8.5 mil

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.
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