hospitality

SINGAPORE (Nov 24): The Ascott Limited, CapitaLand’s serviced residence unit, has launched a new co-living hospitality concept brand Lyf, pronounced ‘life'.

SINGAPORE (Nov 8): Chip Eng Seng has posted a 57.9% decline in earnings to $5.7 million in 3Q as compared to $13.6 million a year ago.  

SINGAPORE (Nov 2): Rowsley, the company controlled by Singapore billionaire Peter Lim, swung back into the black in 3Q16 with earnings of $5.4 million, compared to a loss of $4.2 million a year ago.

SINGAPORE (Oct 28): Roxy-Pacific saw 3Q earnings tumble 39% to $8.1 million from a year ago as cost of sales outstripped revenue growth.

SINGAPORE (Oct 18): City Developments Limited (CDL) announced that its special purpose company, Iconique Tokutei Mokuteki Kaisha has signed an agreement with Mitsui Fudosan Residential for a 20% stake in a prime residential development in Tokyo.

SINGAPORE (Oct 5): UOB Kay Hian says Singapore’s hoteliers may have less to cheer during China’s National Day Golden Week. That's the seven day-long holiday which started this week and marks one of the nation’s biggest events for outbound travel

SINGAPORE (Sept 6): OCBC Investment Research is maintaining its “neutral” stance on Singapore’s hospitality sector pending further information on the severity of Zika, with expectations that the impact of virus’s outbreak will be “much milder”

SINGAPORE (Sept 2): Unsurprisingly, the recent Zika outbreak in Singapore is expected to send shockwaves across local markets, especially with the rapid acceleration of virus cases. The number of infections within the republic stands at 151 as of Thursday

SINGAPORE (Aug 12): UOB Kay Hian is maintaining its “buy” call on City Developments Limited (CDL) with a target price of $10.36. Here are a number of reasons why lead analyst Vikrant Pandey continues to remain positive on the developer and expects it