Singapore Hotels MarketView - H2 2014

Lacklustre end to 2014 but sector set to recover in 2015

TOP NEWS

• Tourism arrivals declined but hotel performance remains strong and number of room nights sold increased.
• Key future development: Integration of several key attractions in Mandai precinct.
• Investment market quiet for 2014, high prices and the lack of assets available continue to impede deals.
• Singapore tourism market faces potential headwinds for 2015 but is expected to hold up.

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CONTACT

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