Welcome!
hospitality
Feature
Jenny Ang, MD of EHL Hospitality Business School in Singapore, is grooming future leaders of the hospitality industry
Budding hoteliers and aspiring bar and restaurant owners get a head start at EHL Hospitality Business School in Singapore
January 19, 2022
Zest
Nobody gets out of this stronger
"We need life pumping through our cities to make people want to come.”
February 19, 2021
Interview
Female power
Harpreet BEdi, CEO of Garcha Group, talks about her passion for women's rights and women's empowerment.
December 04, 2020
REITs
Hospitality trusts mauled by Covid-19, nervous investors as US recession looms
With the US Federal Funds Rate rushing towards zero, and 10- year US treasury bonds at their lowest yields ever, the S-REITs with pure US assets should have held up better.
March 13, 2020
M&A
Datapulse's hospitality quest on firmer footing with stake acquisition in local hotel
SINGAPORE (July 9): Datapulse Technology is taking another step towards its diversification into the hospitality industry – just months after it was thrust into the spotlight for buying a haircare business without proper due diligence.
July 09, 2019
Zest
Marriott International to reinvent 'luxury' with authentic stories, exclusive travel experiences
SINGAPORE (June 3): The term ‘luxury travel’ no longer ascribes to flying first-class or private, Champagne and caviar, or presidential suites with gilded interiors. Rather than jetting off to an exotic island resort for the weekend, even the most wel
June 03, 2019
IPO
Eagle Hospitality Trust public offering re-allocated due to under-subscription
SINGAPORE (May 24): The managers of Eagle Hospitality Trust (EHT) have re-allocated 1.28 million stapled securities from the public offer to the placement tranche due to under-subscription in public tranche of the offering.
May 24, 2019
Property
GIC said to be among bidders for Anbang hotel portfolio
NEW YORK (May 22): Brookfield Asset Management Inc. and Fortress Investment Group are among the bidders for a portfolio of 15 hotels owned by Anbang Insurance Group Co., according to people familiar with the sales process.
May 22, 2019
Results
Banyan Tree's 1Q earnings decline fourfold on lower revenue, absence of one-off gains
SINGAPORE (May 16): Banyan Tree Holdings reported a 74% decline in 1Q19 earnings to $5.2 million from $20.2 million on the back of lower revenue, as well as the absence of one-off gains from the dilution of the group’s interest in its China entities.
May 16, 2019
Broker's Calls
UOL poised for greater growth with Marina Centre stake, says DBS
SINGAPORE (May 14): DBS Vickers Securities is maintaining its “buy” call on UOL Group with a target price of $8.53, which implies 0.8 times P/NAV and is pegged to a 35% discount to RNAV after taking into account the group’s higher valuation as well
May 14, 2019