News about hospitality

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.

PETALING JAYA (June 1): UOA Hospitality Sdn Bhd (UOA Hospitality), a unit of UOA Development Bhd, has inked a memorandum of understanding (MoU) with Hubei Chutian Media & Hotel Investment Management Co Ltd (Hubei Chutian) for a long-term partnership that involves resource sharing, complementary advantages and exploration of new markets, UOA Hospitality announced in a media statement today.

SINGAPORE (April 18): Jennifer Chang, chief operating officer of property developer Top Global, describes the Singapore property scene as being at a “standstill” amid weak demand and a supply glut in the market.

PETALING JAYA (April 11): Singaporean hotel and serviced residences operator Far East Hospitality (FEH) is upbeat about Malaysia’s tourism industry and is poised to take advantage of an anticipated growth in international tourist arrivals to the country, said CEO Arthur Kiong.

The historic Hotel del Coronado, popularly known as The Del, was inspired by the natural beauty of Coronado island.

HOKKAIDO (Jan 20): Sustainable hostel MY ecolodge by Low Yat Group was officially launched in Hokkaido, Japan on Dec 1 last year.