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PHUKET HOTEL DREAM Singapore Average Rates Skyrocket

Category: Hotels, Posted:09 Jun 2010 | 06:00 am

As the 'red' impact continues to suppress average rate growth in Phuket, Singapore hotel owners are looking at a 10-15% increase in 2010 as per leading consulting firm HVS.
While many naysayers have thought the island republics broad ambitions with the mega hotel destinations Marina Bay Sands and Sentosa's Resorts World would result in lower rates, the opposite has proved true as critical mass has increased demand and rates have shot up.
At the same time Singapore's hotel transaction market has been on fire with sales of the iconic Raffles Hotel, Swisshotel Merchant Court and now the IBIS which looks to trade at an extremely high number.

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Mind the Gap – Keep People Inspired Event in November

Category: Hotels|Tourism, Posted:22 Oct 2022 | 08:50 am Keep People Inspired (KPI) is the second in a series of Mind the Gap Learning events. The focus of the event is on inclusiveness in hospitality, spanning Phuket’s hotels, tourism and service industries. Inclusiveness is a key element of businesses that rely heavily on human resources and is in effect all about people, whether they […]
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Japanese Luxury Brand Hoshinoya Heads To Niseko

Category: Hotels|Real estate, Posted:14 Oct 2022 | 17:42 pm Leading Japanese hotel operator Hoshino has inked a deal for a luxury resort in Niseko with developer Zekkei Properties. Located in a prime ski-in and ski-out location in Upper Hirafu Village, the 62-unit hotel and residence property will be named Hoshinoya Lodge Niseko. With one of Hirafu’s best locations, the site was formerly occupied by […]
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Phuket and Beyond, A Brief Friday Hotel Update

Category: Hotels, Posted:14 Oct 2022 | 10:24 am In Phuket, Wyndham Vacation Resorts has signed a deal to manage the 50-key Zenmaya Oceanfront in Kalim. The property will be under the Trademark Collection by Wyndham. There are synergies for the hotel given it is located across a main coastal road from the Wyndham Grand Phuket Kalim Bay. Regional carrier Myanmar Airways International (MAI) […]
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