The Business Times
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Singapore luxury hotels poised for rebound following F1, Mice season boost 

This follows a subdued H1 for most hotels, with the exception of Marina Bay Sands

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Jessie Lim

Jessie Lim

Published Mon, Oct 13, 2025 · 07:00 AM
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    • Hotels such as Pan Pacific Orchard are expected to log higher occupancy and rates in H2.
    • Hotels such as Pan Pacific Orchard are expected to log higher occupancy and rates in H2. PHOTO: PAN PACIFIC ORCHARD

    [SINGAPORE] Singapore’s luxury hotels are gearing up for a strong finish to the year as a packed slate of meetings, incentives, conferences and exhibitions (Mice) in the last quarter of 2025 drives a rebound after a sluggish first half.

    Since July, luxury hotel occupancies have increased to around 88 per cent, data from the Singapore Tourism Board (STB) showed.

    For Q4, occupancies are projected to rise further, as Singapore plays host to several high-profile, large-scale events such as the Formula 1 (F1) night race, the Milken Institute’s Asia Summit, cryptocurrency symposium Token2049, and travel trade show ITB Asia. 

    HospitalityHotelsFormula OneSingapore propertyMICEConcerts

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