News about hospitality

NEW Bob Group soft launched its Tropics 8 hospitality suites in Jalan Gottlieb, Penang, earlier this month (January).

SINGAPORE (Jan 26): Ascendas Hospitality Trust saw DPS grow 13.

SINGAPORE (Dec 15):  DBS Group Research says Frasers Hospitality Trust is in a stronger position to pursue acquisition opportunities, following its recent pre-emptive rights issue.

SINGAPORE (Dec 13): Frasers Hospitality Group, a division of Frasers Centrepoint Limited, recently launched North Park Place, a 105-unit luxury serviced residence located within the exclusive Rajpruek Golf Club in Bangkok, Thailand.

KUALA LUMPUR (Nov 28): Mulpha International Bhd said it is in discussions to acquire the Novotel Brisbane Hotel but has not inked any legally-binding contract for the purchase.

SINGAPORE (Nov 9): Investors now have a chance to accumulate Singapore REITs while the market overshoots, according to a Tuesday report by DBS.

SINGAPORE (Sept 23): UOB Kay Hian is keeping Frasers Hospitality Trust on “buy” but has cut its target price to 81 Singaporean cents, from S$1.

SINGAPORE (Aug 23): OCBC Investment Research has maintained its “overweight” rating on the Singapore REIT industry, following the conclusion of the 2Q2016 results season.

KUALA LUMPUR (July 15): Malaysian real estate investment trusts (REITs) may soon be able to buy vacant land and engage in property development activities if a new proposal by the Securities Commission Malaysia (SC) garners positive response.

THERE have been times when presti­gious brands known for offering­market-leading luxury have joined forces to come up with unique offerings.