Hospitality Industry In Singapore News

Recent industry report about Hospitality Industry In Singapore company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Hospitality Industry In Singapore industry experts.

Hospitality Industry In Singapore News

  • January 2023: Ritz-Carlton, Millennia Singapore took the initiative on an Augmented Reality (AR) hotel art tour where visitors can interact virtually with 10 artworks in the hotel's collection, supplemented by computer-generated graphics and sound as well as written or audio narratives about the piece and artist.
  • May 2022: Raffles Hotel Singapore took the initiative on an immersive virtual experience where guests take part in an interactive treasure hunt that combines virtual and physical gameplay during their stay.
download-icon Get full market coverage in this industry
Download Sample
  • Feb 2023: Hilton opened a new resort and spa facility in Egypt called Hilton Marsa Wazar Red Sea Resort & Spa.
  • Jan 2023: Four Seasons Hotel New York Downtown launched "Next Health and Wellness Services", a collection of medical spa services that include personalized treatments, fitness programming, and a range of wellness offerings.
  • March 2023: Accor's Mercure Hotels brand is continuing its strong expansion in Romania with the signing of a site in the capital city of Bucharest. The 40-key hotel will operate in a fully refurbished building on Dimitrie Cantemir Boulevard, close to Unirii Square and the old city center. Amenities will include a restaurant, a bar, and a conference room, which is divided into two separate meeting rooms.
  • November 2022: JW Marriott Bucharest Grand Hotel upgraded to Contactless Mobile Access and Enhanced Guest Security With ASSA ABLOY Global Solutions. Luxury Romanian hotel destination leveraged future-proof door lock technology to seamlessly and affordably replace magtripe locks with the latest in RFID and digital key functionality.
  • January 2023: International Campus acquired five student apartment blocks from Allianz Real Estate and CBRE Investment Management. This acquisition was one of the largest transactions of an International Campus in German Speaking region. The properties are in Berlin, Frankfurt, am Main, Hanover, and Vienna.
  • November 2022, Berlin-based Catella Residential Investment Management GmbH (CRIM) sold two centrally located fully-let residential and student housing assets in Warsaw and Krakow in Poland to institutional investors in Austria and the Netherlands for more than USD 65.38 million on behalf of Munich-headquartered AIFM platform Catella Real Estate AG (CREAG).
  • December 2022: Hilton Announced Continued Expansion of Waldorf Astoria Hotels & Resorts in the Caribbean and Latin America by signing a new hotel in San Miguel de Allende, Mexico.
  • October 2022: Marriott International to acquire a city express brand to fuel growth in the affordable midscale segment.
  • August 2023: Saudi Arabia is geared up to bolster its meetings, incentives, conferences, and exhibitions sector with the launch of the Expo! Expo! MENA. The event took place in Riyadh on September 10th. The event, being held outside of the US for the first time, has propelled Saudi Arabia into the global spotlight as a hub for diverse business gatherings.
  • January 2023: Saudi MICE Forum explored a sustainable future for the exhibitions and conferences industry. More than 40 local and international specialists participated in MICE. The Saudi Exhibitions and Conferences Association organizes the two-day MICE Forum in partnership with the Saudi Conventions and Exhibitions General Authority.
  • September 2023: Macau-based casino operator Sands China Ltd has partnered with Hong Kong's Emperor Entertainment Group to produce a gaming firm called 'residency shows' for the Londoner Macao resort.
  • July 2023: Novomatic has signed an agreement with Tecnet Asia for the distribution rights for Novomatic products in the Philippines. As the official distribution partner, Tecnet will likely be responsible for both the sales and after-sales service of the gaming technology products by Novomatic. These are expected to include electronic table games, video slot cabinets, and games, as well as casino management tools and solutions.
  • Feb 2023: Hilton opened a new resort and spa facility in Egypt called Hilton Marsa Wazar Red Sea Resort & Spa.
  • Jan 2023: Four Seasons Hotel New York Downtown launched "Next Health and Wellness Services", a collection of medical spa services that include personalized treatments, fitness programming, and a range of wellness offerings.
  • July 2023: Ride & Seek has acquired Cycle Japan, a Japanese bike tour operator. The acquisition gives expansion of their bike tour offerings to include a new extended Samurai Tour, featuring traditional Japanese inns and historic sites.
  • January 2023: Active Travel Group, which operates the Cycling for Softies and BSpoke Tours brands, has acquired the cycling assets of Inspired Italy, an adventure operator. The acquisition gives Active Travel Group a platform for cycle operations in Tuscany and Umbria and brings its operating bases to six across the U.K., France, and Italy.
  • March 2023: Accor's Mercure Hotels brand is continuing its strong expansion in Romania with the signing of a site in the capital city of Bucharest. The 40-key hotel will operate in a fully refurbished building on Dimitrie Cantemir Boulevard, close to Unirii Square and the old city center. Amenities will include a restaurant, a bar, and a conference room, which is divided into two separate meeting rooms.
  • November 2022: JW Marriott Bucharest Grand Hotel upgraded to Contactless Mobile Access and Enhanced Guest Security With ASSA ABLOY Global Solutions. Luxury Romanian hotel destination leveraged future-proof door lock technology to seamlessly and affordably replace magtripe locks with the latest in RFID and digital key functionality.
  • May 2023: MGM Resorts International announced the acquisition of most game developer Push Gaming Holding Limited and its subsidiaries by its wholly owned subsidiary, LeoVegas. This is Leo Vegas' first significant investment since joining MGM Resorts last year. Push Gaming's patented technology, intellectual property, and development experience are expected to strengthen LeoVegas' content creation capabilities and assist its expansion objectives.
  • April 2023: Caesars Entertainment, Inc. has announced the reopening of Tropicana Online Casino in New Jersey. The new iCasino app and online casino experience provide users with greater functionality, including a selection of industry-leading casino games and improved connectivity with Caesars Rewards, the industry-leading reward program.

Hospitality Industry in Singapore Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)