Singapore Hotels MarketView - H1 2014

Overall visitor arrivals slightly down but hotel performance remained strong


• 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.

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Robert McIntosh
Executive Director - CBRE Hotels, Asia Pacific
O: +65 6326 1200
M: +65 8123 0208