Hospitality

OUTLOOK 2026

Singapore’s 2026 visitor arrivals may fall short of pre-Covid levels, but tourist spending should keep rising: observers

Growth in tourism receipts will be fuelled by Mice visitors, alongside rising demand for wellness, medical services and experiential offerings

“If you’re determined to be independent, you need to have a more diversified revenue base, customer base and everything else,” says Ho Kwon Ping, founder and executive chairman, Banyan Group.
THE LEADERSHIP PLAYBOOK

‘We survived to 100’: Ho Kwon Ping on Banyan Group’s homecoming with Mandai resort

It is looking at potential conversions under its Dhawa brand in Singapore and acquisitions of small management companies

Experiences which are unique, to the point that visitors are prepared to pay handsomely in order to enjoy them, would be the challenge going forward.

Singapore tourism industry must create unique experiences to survive: veteran hotelier Arthur Kiong

He brings his philosophy to life with the four hotels Far East Hospitality manages on Sentosa

From right: Founder and executive chairman of Banyan Group Ho Kwon Ping, President Tharman Shanmugaratnam, his wife Jane Ittogi, co-founder and senior vice-president of Banyan Group Claire Chiang, and Ho Ren Yung, deputy CEO of Banyan Group, at the Mandai Rainforest Resort by Banyan Tree, at the opening of the hotel on Wednesday (Nov 26).

Banyan Group hopes its new Mandai resort showcases Singapore’s biodiversity, strength in conservation

The group is holding a festival to celebrate its 100th property and its ‘homecoming’

Rendezvous Hotel Melbourne in Australia, a Far East Orchard asset. The group plans to expand its lodging platform across key geographies.

Far East Orchard targets S$3 billion AUM, 110,000 lodging units by 2030

Group doubles down on hospitality and PBSA, plans to recycle capital out of non-core assets

Alan Tang, Far East Orchard's group CEO, says the Covid-19 pandemic helped the company to firm up its resolve to diversify and strengthen recurring income beyond hotels.
TOPLINE

Beyond hospitality: Far East Orchard leans on student accommodation for recurring income

It aims to expand the segment and build up fund management capabilities 

Minor's founder and chairman William Heinecke says: "The minute I feel that I can’t learn anything anymore or I stop learning, that’s when I’m going to retire completely."

Minor in name, a powerhouse in reality: Thailand’s William Heinecke far from ready to call it a day

The 76-year-old billionaire chairman of a conglomerate with 90,000 employees remains hungry to learn

Rendezvous Hotel Melbourne, a Far East Orchard property. Contributions from the group's hospitality joint ventures in Australia and Europe fell, mainly due to softer performance in Europe as well as the impact of a cyber incident.

Far East Orchard’s 9M profit more than doubles to S$37.6 million

The sharp increase is mainly driven by one-off gains of S$24.9 million

MBS is looking at both the leisure and business tourism segments to bring in high-value visitors.

MBS Q3 earnings reach nearly S$1 billion following hotel renovation completion

Parent company LVS is optimistic about growth, citing its expansion project and Singapore’s attractiveness as a destination