You are here

HOCK LOCK SIEW

Slow recovery a setback for hotels, but there're encouraging signs

For hospitality Reits, hotel occupancy for Singapore surpassed the 90 per cent mark in Q3

THE recovery for the travel industry remains slower than expected, throwing a spanner into the works for the hotel sector as peak season looms.

The International Air Transport Association was previously banking on international borders re-opening by the fourth quarter of this year, but...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes