Singapore Hotels

Singapore’s first airport hotel has 75% occupancy target

Singapore's first airport hotel has opened its doors to guests, nearly 30 years after Changi Airport began operations. Although the 320-room Crowne Plaza Changi Airport has just opened for two weeks and not all the rooms are ready, it is already meeting its occupancy target of 75 percent for the full year. Room rates at the hotel start from about US$200 – just below the prices at the premium Orchard...

New Changi Business Park site may see bids of up to S$600m

JTC Corporation on Wednesday launched a tender for a mega development site at Changi Business Park, and the 4.7-hectare site is likely to see bids as high as S$600 million. The winning bidder will have to build an integrated development comprising a business park, retail activities and a hotel. Changi Business Park has been a hub for businesses that need to stay close to the airport or away from the city...

No bids received for Race Course Rd/ Bukit Timah Rd hotel site

The Urban Redevelopment Authority (URA) has said it did not receive any bids for the hotel site at Race Course Road/Bukit Timah Road when the tender closed at noon on Wednesday. URA added that it will announce its plans for the site after a decision has been made. URA launched the hotel site for sale by public tender in February this year. It was one of the two hotel sites to be sold through the...

12 sites to be made available for hotel development

In the first half of this year, 12 sites will be made available for hotel development. National Development Minister Mah Bow Tan said these sites would potentially yield another 6,000 rooms which Singapore needs to meet growing demand. Mr Mah was speaking at the official opening of the six-star St Regis Singapore on Sunday, where 1,000 of Singapore's Who's Who attended the event. At St Regis, butler...

F1 trackside hotels see good demand for rooms

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...

Hotel room rates set to hit record high during F1 race

Hotel room rates are set to hit an all-time high when the Formula One Grand Prix comes roaring into Singapore this September. Visitors can expect to pay nearly 100 percent more, even if they are staying at a mid-range hotel. Over 90,000 die-hard fans are expected to catch Singapore's first Formula One Grand Prix from the race ground. But as the speed demons burn up the asphalt, the accommodation may...

URA unveils sales conditions for two reserve list sites

The Urban Redevelopment Authority has released detailed sales conditions for two reserve list sites at Clemenceau Avenue/Havelock Road and Upper Changi Road North/Flora Drive. The site at Clemenceau Avenue is slated for hotel development. The parcel is close to the popular entertainment districts of Clarke Quay, Boat Quay and Robertson Walk. It has an area of about 5,500 square metres and a permissible...

Rising hotel rates dull the lustre of Singapore?

With Singapore hotel rates keeping up a string of record-setting months, some may be wondering: How long can the hospitality bullrun last and at what point will the Republic's attractiveness as a destination become a casualty? Latest figures from the Singapore Tourism Board (STB) showed the Average Room Rate (ARR) in February at an all-time high of S$256. This was an astronomical year-on-year hike of...

Hotel room prices reach new highs with record arrivals in January

Singapore greeted 883,000 visitors in January 2008 setting a new record for visitor arrivals in that month. Not only did visitor arrival figures rise 6.9 per cent higher in January 2008 compared to January 2007, but visitors also stayed longer this time round. The top three markets were Indonesia, China and Australia. Visitor arrivals from China rose 42 per cent than in January 2007. Some 3.5 million...

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