Singapore hospitality industry can expect a good 2019

In Singapore, the hotel industry is heading into 2019 in good shape thanks to the Trump-Kim summit and the romantic comedy “Crazy Rich Asians.” Average occupancy rates in Singapore were at 87 percent this year, the highest in a decade.

Singapore hospitality industry can expect a good 2019
In Singapore, the hotel industry is heading into 2019 in good shape thanks to the Trump-Kim summit and the romantic comedy “Crazy Rich Asians.” Average occupancy rates in Singapore were at 87 percent this year, the highest in a decade.
Occupancy rates climbed across luxury, upscale, mid-tier and economy rooms, generating a revenue of US$141.00 per room night. 
“Crazy Rich Asians” delivered a promotional boost to the industry this year by showcasing the likes of the Marina Bay Sands and Raffles Singapore, the colonial-style hotel. A plethora of events, including an air show and the ASEAN summit, increased arrivals into the City State. International visitor numbers wear measured at 1.7 million in July.
In 2019 the Dusit Thani Laguna  Yotel Changi Jewel The Outpost Hotel, Sentosa Village Hotel, Sentosa The Barracks Hotel Capri by Fraser, China Square Holiday Inn Express Serangoon Citadines Rochor (Serviced apartments) will open in Singapore.

Author: Juergen T Steinmetz

Juergen Thomas Steinmetz has continuously worked in the travel and tourism industry since he was a teenager in Germany (1979), beginning as a travel agent up through today as a publisher of eTurboNews (eTN), one of the world’s most influential and most-read travel and tourism publications. He is also Chairman of ICTP. His experiences include working and collaborating with various national tourism offices and non-governmental organizations, as well as private and non-profit organizations, and in planning, implementing, and quality control of a range of travel and tourism-related activities and programs, including tourism policies and legislation. His major strengths include a vast knowledge of travel and tourism from the point of view of a successful private enterprise owner, superb networking skills, strong leadership, excellent communication skills, strong team player, attention to detail, dutiful respect for compliance in all regulated environments, and advisory skills in both political and non-political arenas with respect to tourism programs, policies, and legislation. He has a thorough knowledge of current industry practices and trends and is a computer and Internet junkie.

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