STB calls for tenders to operate new cruise terminal
THE SINGAPORE Tourism Board (STB) has launched a second tender for the management and operation of Singapore’s second passenger cruise terminal in Marina South.
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Marriott to manage two more hotels in Jakarta
MARRIOTT International signed an agreement with Indonesia-based property developer Lippo Karawaci last week to operate two more JW Marriott-branded properties in Jakarta by 2015.
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The Saff doing “better than expected”
SINGAPORE-based hospitality group Grace International soft-opened its second boutique property, The Saff, in Chinatown late last year. Occupancy has been “better than expected” so...
AirAsia X posts strong Q1 results
AIRASIA X, the longhaul affiliate of Malaysia-based low-cost carrier (LCC) AirAsia, recorded stellar results for the first quarter of the year.
The airline carried...
Best Western adds Jakarta to portfolio
BEST Western International has opened the BEST WESTERN Mangga Dua Hotel and Residence in Jakarta, the chain’s first property in the Indonesian capital, and...
China losing its pull factor
PROPERTY buyers are on the prowl for opportunities outside of China, swayed by factors such as a looming supply glut in the Chinese market...
Hotel dilemma for Middle East and North Africa
THE BURGEONING hotel sector in the Middle East and North Africa is both a boon and bane to tourism, with oversupply threatening to derail...
Asia warned of road bump ahead
HOTEL investors were cautioned that Asia’s spectacular growth would soon come to a slowdown, when the US finally pulls the plug on government life...
Maldives to get first-ever shariah-compliant resort
UAE-based Islamic hospitality group Lootah Hotel Management (LHM) will launch the first shariah-compliant resort in the Maldives by 2013, having signed a memorandum of...
MAS expects strong response to tactical campaign
MALAYSIA Airlines (MAS) expects to sell some six million seats – two million for travel within Malaysia and four million on international routes –...
