Hospitality

Power price hikes held at bay with Singapore landlords, hotel operators buffered by locked-in rates

Even as energy costs soar amid the Middle East war, real estate asset owners say the impact will be limited

Dave Burgos Abelinde (left), a PWD working in F&B services, often helps mature worker Tan Lian Tee carry heavy things when they work together at ParkRoyal Collection Pickering’s buffet restaurant.
TAKING HEART

Extraordinary People partners Pan Pacific to launch hospitality academy for PWDs

Collaboration between the non-profit and hotel group aims to create employment pathways in F&B, guest relations and housekeeping

Frasers Hospitality's expansion will be led by a new flagship Fraser Suites in Bangkok (above), which is opening end-2026.

Frasers Hospitality to open 18 new serviced and hotel residences across Asia by 2028

Demand continues to be supported by increased cross-border mobility, longer average stays and evolving work-travel patterns

Han Khim Siew, CEO of OUE Reit's manager, says disciplined capital recycling and portfolio optimisation could drive the Reit's stock price and DPU growth.
TOPLINE

OUE Reit looks to unlock value in mature assets, eyes Sydney for higher-yield growth

Proceeds from a potential One Raffles Place sale could fund its further expansion in Sydney’s Salesforce Tower

MBS has helped in branding Singapore. The Moshe Safdie-designed integrated resort is a widely recognised landmark of the Republic globally.
HOCK LOCK SIEW

Does foreign ownership matter? Marina Bay Sands’ success benefits Singapore greatly

It’s Singapore’s time to shine in drawing premium visitors, as tourism mega hits drive economic growth and create jobs

Frasers House, a Luxury Collection Hotel, Singapore will undergo a phased transformation scheduled for completion by December 2027.

Frasers Hospitality to spend S$140 million on refurbishing four assets in gateway cities

This will add more keys to the hotels and improve operational efficiency

Patrick Dumont joined LVS in 2010, rising rose through the ranks over the last decade-and-a-half to become president and chief operating officer before his latest appointments.

With billions already committed, Las Vegas Sands remains ‘very interested’ to invest further in Singapore

New chairman and CEO Patrick Dumont takes on the top job after Marina Bay Sands records the best year since it opened in 2010

Anthony Tyler, area vice-president of operations at Mandarin Oriental, says the region can expect more resort and urban hotel openings.

Mandarin Oriental sees potential in South-east Asia to more than double its global footprint

This follows the opening of its first regional resort in Desaru Coast, where the group also plans to develop branded residences

STB expects tourist receipts to come in within the S$31 billion to S$32.5 billion range this year.

Hospitality sector may benefit, with 2026 tourist arrivals forecast to hit 17 million: OCBC Research

Stocks with exposure to hospitality may gain from improved hotel performance, tourist receipts