Hospitality
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
Punggol Digital District hotel site awarded for S$43.5 million to entity linked to Yeo Hiap Seng family scion
The project will feature a 224-key hotel and serviced residence development
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
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
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
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
Mandarin Oriental launches its first South-east Asian resort in Desaru Coast
Set within nearly 52 hectares of rainforest, the property has 44 suites and a four-bedroom pool villa
Steel tycoon You Zhenhua’s New Vision takes over 15 Enggor Street project
The hospitality development, operated by The Ascott, will be completed in Q4 2029
CapitaLand eyes Gulf region’s ‘deep, liquid pools of capital’, investments in logistics, hospitality
Real asset manager intends to grow its presence and engage investors in the region, as the oil-producing nations reinvent themselves
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
