hotel

 Experience old world charm at The Barracks Hotel Sentosa - THE EDGE SINGAPORE

Travel

Experience old world charm at The Barracks Hotel Sentosa

A pampering stay at The Barracks Hotel Sentosa is not complete without a tour of its historical grounds and beyond

Dine in

Yuletide Feasts

When Michael Bublé gets so much airtime, it can only mean one thing: Christmas is coming. We bring you a list of treats to help you entertain in style.

Property

Chip Eng Seng acquires Adelaide property for $14.6 mil in IPT to redevelop into hotel

SINGAPORE (July 2): Chip Eng Seng says that its newly incorporated wholly-owned subsidiary is acquiring a property located at 51 Pirie Street in Adelaide, Australia for A$14.5 million ($14.6 million).

Results

Amara posts 32% 1Q earnings rise to $2.1 mil on higher revenue & forex gain

SINGAPORE (May 14): Amara Holdings reported earnings of $2.1 million for the 1Q ended March, up 32% from its restated earnings of $1.6 million a year ago due to higher revenue and other income.  

3 SGX-listed hotel, restaurant & leisure stocks worthy of the global stage

SINGAPORE (June 20): Over 30 stocks listed on the Singapore Exchange (SGX) make up part of the 1,200 stocks representing the hotel, restaurant and leisure industry, a key driver of the world’s consumer discretionary sector.

Broker's Calls

This REIT could be swimming against the tide of consensus

SINGAPORE (May 16): DBS Vickers is upgrading its call on Far East Hospitality Trust (FEHT) to “buy” from “hold”, raising its target price on the stock to 66 cents from 63 cents previously on expectations of a market recovery from 2018 onward.

Results

Keong Hong Holdings posts 20.9% decline in 1Q earnings to $3.8 mil

SINGAPORE (Feb 13): Keong Hong Holdings has declared 1Q17 earnings of $3.8 million for the three months ended Dec 31, down 20.9% from $4.8 million a year ago on lower revenue.

Global Premium Hotels wins approval for hotel development in Perth

SINGAPORE (Feb 2): Global Premium Hotels has obtained the development approvals for its purchased property in Perth.

Broker's Calls

More near-term volatility lies ahead for GL Limited

SINGAPORE (Jan 25): CIMB continues to rate GL Limited at “hold” with a lower target price of 84 cents from 86 cents previously, after the hospitality and leisure group holding company last week posted a 52% decline in 1H17 earnings on lower sales.

Broker's Calls

Rights issue likely to boost free float, valuations for Frasers Hospitality Trust

SINGAPORE (Sept 14): Daiwa says the imminent rights issue of Frasers Hospitality Trust (FHT), albeit dilutive, could help to improve its free float and valuations.
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