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Singapore still needs more hotel rooms; occupancy likely to stay above 84%: Colliers

STB expects international visitor arrivals to rise by 4% to 18.1m this year, which will quicken hotel demand

Singapore

SINGAPORE still needs a "significant" number of hotel rooms to keep pace with rising tourist numbers in the future despite substantial growth in room supply over the last three years, according to real estate agency Colliers International.

Room supply increased by over 5,...

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