The Business Times
business-time-50
SGSME logo
OUTLOOK 2024
·
SUBSCRIBERS

Singapore F&B scene remains festive despite surge in outbound travel

google-preferred-sourceAdd BT as a preferred source
Paige Lim

Paige Lim

Published Sat, Dec 16, 2023 · 05:00 AM
    • Though more Singapore residents have been heading abroad, restaurants and hotels foresee demand ramping up towards year-end.
    • Though more Singapore residents have been heading abroad, restaurants and hotels foresee demand ramping up towards year-end. PHOTO: YEN MENG JIIN, BT

    A YEAR-END rise in outbound travel has not weakened demand for festive dining and takeaways, with hotels and food and beverage (F&B) operators anticipating a further pick-up near Christmas.

    As of mid-December, several hospitality and F&B players are nearly or already at full capacity for Christmas and New Year dining.

    Demand has been mostly driven by locals, as tourist numbers are not yet back to pre-Covid levels, they added.

    Singapore SMEsSingapore F&BChristmasTourismOutlook 2024Spotlight

    TRENDING NOW

    The Monetary Authority of Singapore said it is following up with the three Singapore entities to reinforce its expectations of conduct and compliance.

    Tiger Brokers, Moomoo, Longbridge Singapore units ‘financially independent’ amid China crackdown: MAS

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    KSL's Khoo Lee Feng says it is "not so much what you study, but how you learn".

    Johor property old hand KSL readies family handover amid market boom

    Nuclear power “is very much back in the conversation” in Asia, say industry observers.

    As India and China surge ahead with nuclear energy, all eyes on Asean’s next move

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More