Daily Debrief: What Happened Today (Jan 3)

Published Wed, Jan 3, 2024 · 06:30 PM
    • November's hotel performance suggests that average rate growth may have peaked for most hotel segments as consumers grow more price-conscious.
    • November's hotel performance suggests that average rate growth may have peaked for most hotel segments as consumers grow more price-conscious. PHOTO: BT FILE

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    Singapore hotel room rates, revenue hold steady in November

    SINGAPORE hotels’ performance held mostly steady in November, with average room rates (ARR) and other key measures either flat or slightly down from the month before, the latest data from the Singapore Tourism Board showed.


    EY proposes sustainability funding for SMEs, tax incentive changes in its Budget 2024 wish list

    EY IS calling for more funding support for small and medium-sized enterprises (SMEs) to strengthen sustainability capabilities, as well as for a reassessment of Singapore’s tax incentives ahead of upcoming tax reform moves, in its Budget 2024 wish list released on Wednesday (Jan 3).


    5 Questions with Willis Wee, founder of Tech in Asia

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    BEFORE Tech in Asia (TIA) became a top brand for startup news in South-east Asia, it was a blog fuelled by the passion of a university student fascinated by how tech was changing the world.


    Commercial building at Prinsep Street up for sale with S$157 million guide price

    A COMMERCIAL building at 30 Prinsep Street is up for sale via expression of interest at a guide price of S$157 million, exclusive marketing agent CBRE said on Wednesday (Jan 3).


    Singapore stocks extend losses on regional declines; STI down 0.9%

    SINGAPORE shares fell for the second consecutive day on Wednesday (Jan 3), mirroring regional losses and an overnight decline on Wall Street.

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