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The bank’s research team is lifting its target price for the trust to S$1.00, up 13.6% from S$0.88 RHB has upgraded its call on CDL Hospitality Trusts (CDLHT) to “buy” from “neutral”,…
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 18): Singtel: The board of its unit, Optus, on Thursday released a report from an…
ARA USH Chicago, an indirect wholly owned subsidiary of Acrophyte Hospitality Management Trust (AHT), is selling a hotel in the United States for US$7.8 million. Located in Memphis,…
MILAN — The global wellness economy is projected to reach $9.8 trillion by 2029 from $6.8 billion in 2024, the latest data from the Global Wellness Institute showed. According to a…
The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 25): Keppel: It has inked a deal with JTC to embark on a 2026 study that focuses on…
When real estate veteran Alan Tang took over as group chief executive officer of Far East Orchard (FEOR) on Jan 1, 2020, few could have foreseen how quickly the world would change with the…
“It was the first time in my life I didn’t have to do anything,” Asawa later said. She took drawing lessons from three interned Disney animators in an ad-hoc school for the camp’s…
The drop is largely due to hotel dispositions and renovations, as well as increases in operating expenses Acrophyte Hospitality Trust’s net property income (NPI) for the first nine months…
Keeping an open dialogue is critical to making partnerships such as the one between WHP Global and Vera Wang work. WHP Global, the brand management and acquisitions firm, acquired the…
Dubai-based fashion designer Faiza Bouguessa poured all her affection for the city’s Jumeirah neighborhood into a new collaboration with the luxury hotel group bearing the same name. It…
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 5.6 per cent to S$34.3 million for the third quarter ended Sep 30, from S$36.3 million in the year-ago period. Revenue…
The managers of FEHT maintain a moderate outlook for the stapled trust given the competitive environment Far East Hospitality Trust (FEHT) posted on Thursday (Oct 30) a net property income…
WHEN Carolyn Choo entered Worldwide Hotels Group (WWHG) in 2002, the family business was under immense financial and legal pressure amid a challenging economic landscape in Singapore. It…
The following companies saw new developments that may affect trading of their securities on Monday (Oct 6): Keppel: Singapore has appointed a Keppel-led consortium for the next phase of a…
Since 2017, Convene has been the home of the Fast Company Innovation Festival, hosting tens of thousands of attendees and hundreds of panels. And over the years, the Innovation Festival…
PARIS — Thebe Magugu is branching out into hotels. Following the opening last year of Magugu House, his retail and culture hub in Johannesburg, the South African designer is landing in…
The following companies saw new developments that may affect trading of their securities on Friday (Sep 12): CapitaLand Investment (CLI); CapitaLand China Trust (CLCT): CapitaLand…
Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30 Frasers Hospitality Trust (FHT) has received the court’s sanction for its proposed…
The industry veteran will be succeeded by his deputy, Mark Rohner, on Jan 1, 2026 Hospitality veteran Arthur Kiong will step down as the managing director of Far East Hospitality (FEH),…
While the hospitality sector “disappointed” in the latest half-year results for Singapore real estate investment trusts (S-Reits), the industrial sector turned in a better-than-expected…
Singapore has long been recognized as a launchpad for cutting-edge innovation, from smart city infrastructure to fintech and robotics. Now, it's positioning itself as the ideal proving…
The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 5): CapitaLand Integrated Commercial Trust: The trust posted a 3.5 per cent rise in…
Frasers Hospitality Trust saw its revenue per available room (RevPAR) drop in three of the five key markets in which it operates for the quarter ended June, the trust manager said in a…
Three out of five Singapore-listed hospitality trusts have reported half-yearly financial results for the first half of 2025 over the past week, with two more due to report this week.…
