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Hotels in 'shoulder season' as arrivals, occupancy stagnate in February
Domestic boost won't be enough; watchers hope for more tourism "bubbles" in second half of 2021
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Published Tue, Mar 30, 2021 · 09:50 PM
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Singapore
THE hotel industry faces a stagnant half year as visitor arrivals will see a significant upward bump only from July on, watchers suggested.
Industry room revenue stood at S$58.63 million in February, lower by 13.9 per cent on January and by 69.3 per cent in the year before, the most recent data from the Singapore Tourism Board (STB) showed.
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