Developers interested in bidding for a 12,900 square foot or 0.12-hectare hotel site at Short Street can start putting in their tender. The Urban Redevelopment Authority (URA) launched an eight-week long public tender for the land parcel on Wednesday. This is after the urban planner received an application from a developer to bid for the government land site, which is located within the Bras Basah-Bugis...
Hotel
Singapore is expected to see among the largest growth in hotel room numbers compared to other markets in the region. Over 23,000 new four and five star hotel rooms are expected to come on stream in key Asian cities such as Bangkok, Hanoi, Ho Chi Minh City, Kuala Lumpur and Singapore by 2012. Some 10,000 will be in Singapore. That's nearly 39 per cent growth over Singapore's current numbers. Despite the...
The Urban Redevelopment Authority (URA) is putting up a 0.12 hectare hotel site at Short Street for tender. This, after it received an application from a developer to bid for the land parcel, which is located within the Bras Basah-Bugis district. URA says the site can generate a maximum gross floor area of 4,077 square metres and is ideal for boutique hotel development. It adds that the bid received...
The Park Hotel Group hospitality chain is revamping its hotel property along Singapore's prime shopping district. It announced on Monday that the Park Hotel Orchard will be rebranded as the Grand Park Orchard after major renovation work. The hotel will be closed from April 1 this year till the second quarter of 2010. Park Hotel Group said the new five-star property will become the flagship of its...
An ultra-luxurious hotel has opened its doors in Singapore amidst dwindling tourist numbers here and in the region. Capella Singapore, located on Sentosa island, welcomed its first guests on Monday. The S$400-million hotel is set within more than 12 hectares of sprawling land and lush greenery. It boasts 111 rooms, including 32 private villas – the first of its kind on Sentosa which come with their own...
Operator of Singapore's second integrated resort, Resorts World at Sentosa, said it is on track to open four of its six hotels by the first quarter of 2010, adding some 1,350 rooms in the Republic. Even though tourist arrivals, hotel occupancy and room rates have been falling due to the global economic slowdown, the integrated resort will be launched as scheduled. The IR expects to fill 9,000 job...
Singapore's main shopping district has officially welcomed its first boutique hotel, Quincy, which marks Far East Organisation's maiden foray into this market segment. The 108-room Quincy hotel at Mount Elizabeth Road has been open for just over a month, but it has already managed 76 per cent occupancy in February, despite falling tourist arrivals. Raphael Saw, director of Hospitality Operations, Far...
Far East Organisation has launched its first-ever major rebranding exercise for its hospitality division. The property developer plans to rebrand its stable of 17 hotels and serviced residences in Singapore under new names. This was announced on Wednesday as Far East opened its first boutique hotel at Mount Elizabeth Road. Under the first phase of the rebranding, Far East will introduce a new "Village"...
The average global hotel price per room fell some 12 per cent last year, according to the latest Hotel Price Index from Hotel.com. This is the first on-year drop in room prices in five years for the Asia Pacific region. Compared to 2007 prices, room rates in the Philippines, New Zealand and Australia fell most significantly at between 22 and 35 per cent. Many Asian cities saw substantial drops, with...
Small is apparently beautiful for Singapore's hotel industry in these uncertain times. Boutique hotels with fewer than 100 rooms do not seem to be seeing the tourism blues, with some seeing near full occupancy rates in the past few months, even without slashing prices. Size does not matter for boutique hotel Naumi, even though it has only 10 storeys of 40 rooms. Naumi, set up in 2008, has seen about 75...