Hotels

Shimao tried to sell the hotel assets in 2023 and 2025 but there were no takers

The buyer is a JV between a local developer and Westmont Hospitality; hotel is expected to be rebranded

The price for Capri by Fraser China Square is expected to be about S$330 million; the hotel is on a long lease with a balance of about 69.5 years

The rush by operators to add rooms reflects a surge in demand from the country’s growing middle class

Travellers can access BT’s insights across more than 200 hotels by scanning QR codes

Lenders seek receivers for 1,200-room property to speed up sale and recover funds

The heir to APA Hotels is expanding into North America, and says growth will come partly from acquisitions

The 336-unit hotel will be sold at 4% above book value

As the midyear break draws near, parents are taking their kids outdoors to rekindle their sense of adventure