The Marina Mandarin Singapore and parts of the Marina Square complex are changing hands for S$675.3 million, under a deal last Friday involving firms linked to tycoon Wee Cho Yaw. United Industrial Corp (UIC) is buying out Finnegan Investments and Mackmoor, as well as mainboard-listed OUE. The whole Marina Square mall will then be owned jointly by UIC and parent UOL Group. UIC is coughing up that sum...
The Singapore F1 tickets are fast selling out, but fans can still catch the action from some choice locations. Hotels along the circuit are seeing high demand but rooms with a circuit view are still available, if you're willing to pay. Offering a bird's eye view of the race, the Swissotel is probably the place to be during the F1 weekend. The hotel is also home to three major F1 teams - Ferrari, BMW and...
Only 3 out of 15 hotels report full occupancy during Grand Prix stretch AS SINGAPORE hoteliers gear up for the nation’s first ever Formula 1 night race later this week, the initial euphoria about a potentially huge tourist windfall has given way to more realistic expectations. Of the management teams at 15 hotels Today spoke to, only three — The Fullerton, Ritz Carlton and St Regis — report full...
Hotel rooms that provide a good view of Singapore's first Formula One Grand Prix race in September are being snapped up, including those that cost more than S$13,000 a night. Most hotels that line the track said business is good. With six more months to go before the big event, some have already had confirmed bookings for 50 to 95 percent of the rooms. From the 26th floor of Fairmont Hotel, one gets to see...
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