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Singapore hotel rates, bookings surge in July; stronger H2 expected

Industry players cite upcoming F1, North Asia peak travel period and some diversion of MICE bookings from HK

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Singapore's hotels appear to have garnered robust bookings for July and August, with expectations for a healthy performance in the second half of the year.

Singapore

SINGAPORE'S hotels appear to have garnered robust bookings for July and August, with expectations for a healthy performance in the second half of the year.

Market watchers pointed to the peak travel season as well as diversion of traffic from Hong Kong as likely factors,...

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