Business
‘Beat estimates’: RHB upgrades CDL Hospitality Trusts to ‘buy’ on improved earnings, bright sector outlook
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…
Tag
Hospitality
Business
Mews raises €255M to accelerate AI and automation in hospitality
Amsterdam-based hospitality tech platform Mews has raised €255 million (about $300 million) in a Series D funding round as it pushes…
Business
Stocks to watch: Singtel, Stoneweg Europe Stapled Trust, Acrophyte Hospitality Trust, HG Metal
The following companies saw new developments that may affect trading of their securities on Thursday (Dec 18): Singtel: The board of its…
Business
Acrophyte Hospitality Trust unit to divest Hyatt Place Primacy Parkway hotel for US$7.8 million
ARA USH Chicago, an indirect wholly owned subsidiary of Acrophyte Hospitality Management Trust (AHT), is selling a hotel in the US for…
Beauty
An Effortless Estate Weekend Filled with Champagne Welcome and Warm Hospitality
Inspired by vintage floral prints, the color palette for the day consisted of dusty rose, peach, lavender, and hints of sage green. Nick…
Lifestyle
Hospitality Wellness: The Trends Driving a $7 Trillion Industry
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…
News
Young people on benefits to be offered construction and hospitality work
Young people on benefits will be offered job opportunities in industries such as construction and hospitality in a bid to tackle rising…
Business
Beyond hospitality: Far East Orchard leans on student accommodation for recurring income
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…
Style
Ruth Asawa’s Art of Defiant Hospitality
“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…
Business
Acrophyte Hospitality Trust 9-month net property income falls 13.9% to US$29.1 million
The drop is largely due to hotel dispositions and renovations, as well as increases in operating expenses Acrophyte Hospitality Trust’s…
Beauty
A Family-Home Reception of Heritage, Hospitality, and Quiet Luxury in Augusta
French Blue and Spring Pastels Set at the bride’s family home in historic Augusta, Georgia, this reception was the epitome of Southern…
Business
Vera Wang and WHP Global’s Yehuda Shmidman Talk Growth Opportunities, Hospitality and Shopping
Keeping an open dialogue is critical to making partnerships such as the one between WHP Global and Vera Wang work. WHP Global, the brand…
Fashion
EXCLUSIVE: Fashion and Luxury Hospitality Meet Up at Jumeirah
Dubai-based fashion designer Faiza Bouguessa poured all her affection for the city’s Jumeirah neighborhood into a new collaboration with…
Business
CDL Hospitality Trusts Q3 NPI falls 5.6% to S$34.3 million
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…
Business
Far East Hospitality Trust Q3 net property income declines 1% to S$25.9 million
The managers of FEHT maintain a moderate outlook for the stapled trust given the competitive environment Far East Hospitality Trust (FEHT)…
Business
Staying resilient and redefining hospitality for a new era
WHEN Carolyn Choo entered Worldwide Hotels Group (WWHG) in 2002, the family business was under immense financial and legal pressure amid a…
Business
Stocks to watch: Keppel, Frasers Hospitality Trust, HRnetGroup, AEM, Grand Venture Technology, Fu Yu, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Monday (Oct 6): Keppel: Singapore has…
Business
Printemps’ Former CEO Is Heading to Hospitality
Jean-Marc Bellaiche, who wound up a five-year tenure as chief executive officer of Printemps earlier this week, is to become CEO of resort…
Business
Exclusive: Convene announces parent company Convene Hospitality Group
Since 2017, Convene has been the home of the Fast Company Innovation Festival, hosting tens of thousands of attendees and hundreds of…
Lifestyle
EXCLUSIVE: Thebe Magugu Expands Into Hospitality With Belmond in Cape Town
PARIS — Thebe Magugu is branching out into hotels. Following the opening last year of Magugu House, his retail and culture hub in…
Business
Stocks to watch: CapitaLand Investment, CapitaLand China Trust, Frasers Hospitality Trust, TalkMed, Low Keng Huat, IReit Global
The following companies saw new developments that may affect trading of their securities on Friday (Sep 12): CapitaLand Investment (CLI);…
Business
Frasers Hospitality Trust to suspend trading on Sep 12, expected to delist on Oct 6
Payment for the scheme consideration to eligible securityholders is set to be made on or around Sep 30 Frasers Hospitality Trust (FHT) has…
Culture
Arthur Kiong to step down as managing director of Far East Hospitality by end-2025
The industry veteran will be succeeded by his deputy, Mark Rohner, on Jan 1, 2026 Hospitality veteran Arthur Kiong will step down as the…
Business
Half of UK job losses in hospitality, say bosses
Faarea Masud BBC Business reporter Leaders in the hospitality industry have said that more than half of the UK's job losses since the last…