Singapore Hotels MarketView - H1 2014

Overall visitor arrivals slightly down but hotel performance remained strong

TOP NEWS

• Tourism arrivals softening but hotel performance remain strong.
• Universal Studios Singapore ranked as the No.1 amusement park in Asia by TripAdvisor.
• New Attractions: Singapore Sports Hub & The Sisters' Island Marine Park.
• Hotel Grand Chancellor at Little India sold at over S$750,000/key.
• New hotels in the market: The Holiday Inn Express Clarke Quay and Sofitel So Singapore.
• Singapore tourism market continues to be one of the best in the region and is expected to remain so due to its strong fundamentals.

Please click here to download the full report.

CONTACT

Robert McIntosh
Executive Director - CBRE Hotels, Asia Pacific
O: +65 6326 1200
M: +65 8123 0208
E: robert.mcintosh@cbrehotels.com