Singapore Hotels MarketView - H2 2013

Continual infrastructure developments to boost tourism numbers despite short term pressure


• Tourism and hospitality landscape continues to be solid.
• The Westin Singapore established a new record transaction on a per key basis, bringing total transactions for 2013 to S3.8 billion, exceeding the previous milestone set a year earlier.
• New game changer: Project Jewel and T4.
• Brief slowdown of new supply expected to enter the market in 2014.

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