More hotels jumping on staycation wagon
Attractive deals are luring holiday-starved families, young couples and first-time guests into snapping up bookings
Singapore
HOTELS shifting their focus to staycation packages are hoping that the year-end peak season and the gradual easing of restrictions would allow them to better ride through their biggest crisis in recent history.
The Parkroyal Collection Pickering, which served as a government quarantine facility (GQF), will reopen its doors from Nov 1, following a thorough cleaning and disinfecting of its premises. It did not, however, have any guests that tested positive for Covid-19.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
New York City’s rent-stabilised tenants face third year of price hikes
New Zealand house prices dip for first time in 8 months
Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million
Strained Chinese cities struggle to pay home-buying subsidies
Distressed builder Taeyoung wins debt restructuring vote
China Evergrande to delay 2023 annual results; shares remain suspended