hotels

Banyan Tree may redraw plans for Gold Coast site

SINGAPORE (Feb 10): Banyan Tree Holdings is said to be considering redrawing its existing and already-approved plans to build a twin-tower serviced apartment and residential development, Cassia Northpoint, on its Surfers Paradise site in Gold Coast, Austr

Results

GL posts 52% earnings decline in 1H17 on lower sales

SINGAPORE (Jan 19): GL has reported earnings of US$24.6 million ($35 million) for 1H17, a 52% decrease from the US$51.3 million earnings in 1H16.

Results

UOL posts 14% decline in 3Q earnings to $87 mil on lower margin and JV contributions

SINGAPORE (Nov 10): UOL posted a 14% drop in 3Q16 earnings to $87.1 million on lower gross profit margin and lower contributions from joint ventures.

Results

Global Premium Hotels posts 8.5% fall in earnings to $3.2 mil in 3Q

SINGAPORE (Nov 3): Global Premium Hotels posted a 8.5% fall in earnings to $3.2 million in 3Q16 from a year ago on the back of lower revenue.

Results

OUE Hospitality Trust’s 3Q DPS falls 28.5% to 1.23 cents on lower retail revenue

SINGAPORE (Oct 31): OUE Hospitality Trust (OUE HT) reported higher revenue and net property income (NPI) in 3Q16 from a year ago but DPS fell 28.5% to 1.23 cents due to lower distribution income and an enlarged number of stapled securities following a rig

Man Utd legends Giggs, Neville to bring football hotels to Asia

SINGAPORE (Oct 26): Former Manchester United stars Ryan Giggs and Gary Neville, who have teamed up with Singapore billionaire Peter Lim on property developments in Manchester, are seeking to bring their football-themed hotels and cafes to Asia.

Your fresh grad new hire is a lot happier than your CEO

SINGAPORE (Sept 30): Singapore has the most unhappy workforce in the region, according to a survey by JobStreet.com.

Results

IPC sinks deeper into losses in 2Q

SINGAPORE (July 29): IPC Corp says losses for the 2Q ended June widened to $1.2 million from $0.9 million last year.
  •  
×