Singapore F&B scene remains festive despite surge in outbound travel
Paige Lim
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.
TRENDING NOW
SpaceX surge further boosts Saudi billionaire prince’s fortune
Private equity giant Carlyle can grow bigger but needs to stay on its toes: co-founder David Rubenstein
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
Strong US dollar and tariff threats ignite broad Asian currency sell-off