Category Archives: Hotel

AccorHotels creates lifestyle division for boutique brands

AccorHotels , Europe’s largest hotel group, is creating a new lifestyle division to pool its fast-growing “boutique” hotel brands, the company said on Monday. From Feb. 1, Cedric Gobilliard will head the division, which comprises the Jo&Joe youth hostel brand … Continue reading

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AccorHotels invests S$24m in Banyan Tree

French multinational company AccorHotels will be investing S$24 million into Singapore-based hospitality brand Banyan Tree Holdings, the latter said in a press release on Thursday (Dec 8). Under the long-term partnership, both parties intend to work together to develop and … Continue reading

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Goodwood Park investors get exit offer

Goodwood Park Hotel, once one of the best-known listed companies here, is offering to buy out its remaining minority shareholders. The Khoo family used Hotel Holdings, a private vehicle, to mount a voluntary unconditional cash offer yesterday for all the … Continue reading

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Sentosa hotel on the market for S$300 million

The hotel that was formerly known as Movenpick Heritage Hotel Sentosa and is being rebranded into a Le Meridien has been put on the market. Sources say the asking price is S$300 million, although two recent valuations were done at … Continue reading

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Raffles Hotel to undergo 16-month restoration in stages from Jan 2017

Singapore’s iconic Raffles Hotel will embark on a 16-month restoration programme starting January 2017, the hotel announced on Tuesday. SINGAPORE’S iconic Raffles Hotel will embark on a 16-month restoration programme starting January 2017, the hotel announced on Tuesday. Structurally, the … Continue reading

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Two more Starwood brands to arrive in Singapore

TWO more Starwood brands – The Luxury Collection and Tribute Portfolio – will make their debut in Singapore this year and next, taking the number of Starwood properties in Singapore to eight. The luxury Duxton Club will consist of two … Continue reading

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AccorHotels buys concierge group to counter Airbnb challenge

AccorHotels said on Wednesday it had entered exclusive talks to buy concierge service provider John Paul, as it pushes further into new hospitality services and beefs up its response to the challenges of Airbnb. Under the terms of the deal, … Continue reading

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Weaker demand for hotels in city area as NDP returns to National Stadium

As this year’s National Day Parade (NDP) will return to the National Stadium for the first time in 10 years, hotels in the city area have taken a hit with slower booking rates around the Aug 9 public holiday, and … Continue reading

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Claremont hotel going for S$90m

The Claremont hotel along Serangoon Road, near the junction of Owen Road, has been put up for sale. The guide price for the eight-storey, freehold budget hotel is about S$90 million, or S$1 million per room. Knight Frank, which is … Continue reading

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Hotelier Eddie Tan opens Penang’s first small luxury hotel

Malaysia will see its eighth Small Luxury Hotels of the World (SLH) property open next month, this time in Penang. It’s a first for the state, which has seen its real estate prices and values in George Town soar since … Continue reading

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