Suffice it to say that the hospitality market in Singapore is in a constant state of flux, particularly when it comes to independently-run boutique brands. Earlier this month, Hotel Soloha welcomed its first guests , as did KeSa House a few months earlier. In Dec 2018, Six Senses Maxwell opened its doors , just eight months after sister property Six Senses Duxton made its first foray in the city-state. That said, 2018 also bore witness to the sale of Wanderlust Hotel, Unlisted Collection’s last remaining boutique property in Singapore, following 2017’s closure of Hotel New Majestic and 2013’s sale of Hotel 1929. Amid the current challenges facing the hospitality industry, we spoke to Unlisted Collection’s Loh Lik Peng, as well as Ashish Manchharam – whose firm 8M Collective owns KeSa House – and Satinder Garcha, founder of Garcha Hotels, which runs the two Six Senses properties in Singapore, to find out what’s on the horizon. BEFORE WE DISCUSS THE FUTURE OF BOUTIQUE HOTELS … [Read more...] about Is there a future for independent boutique hotels in Singapore?
Algirdas city hotels
Many offers to sell coastal hotels in Da Nang have appeared on real estate forums these days. Most of them are located in districts Son Tra and Ngu Hanh Son. A hotel put up on sale On just one real estate website on February 22 many ads were listed. A 4-star hotel on Vo Nguyen Giap street, 600 square meters, with 19 stories, 125 rooms and 2 conference rooms is offered at VND440 billion. Hotels on the major streets of Ha Bong, Tran Bach Dang, Ho Nghinh, Vo Nguyen Giap and Ho Xuan Huong are offered at tens or hundreds of billions of dong. Hoang Lam, the owner of a hotel on Tran Bach Dang street, said accommodation service providers have been hit hard by Covid-19. “We have been struggling to survive by cutting costs. However, as capital is getting exhausted, hotel owners have to liquidate assets to pay bank debts,” he said. “Selling hotels is unavoidable as there is no source of revenue, and the operation cost is high,” he said. Do Van Hien from Dana Hotel, a broker, … [Read more...] about Unable to cover expenses during Covid-19, owners sell hotels at cheap prices
SINGAPORE: Hotel Equatorial Penang will shut down operations by the end of March because of "adverse business conditions caused by COVID-19", the hotel's management announced on Tuesday (Jan 26). "This is a very sad and difficult decision," the hotel's management said in a memo to employees seen by CNA. The last day the hotel will be open for business to the public has yet to be decided, but will be before Mar 31, it added. "Until we officially cease operations, all of you shall remain as employees of the hotel and we remain committed to upkeep the strong heritage and name of Hotel Equatorial Penang," said the management. READ: From malls to hotels, the Singaporean haunts that have gone quiet in Johor Bahru amid COVID-19 The hotel has suffered "huge losses" but will pay severance benefits, details of which will be announced later, the management added. According to the Star, Hotel Equatorial Penang was the first five-star hotel in the south of Penang island when it … [Read more...] about Hotel Equatorial Penang to shut down over COVID-19 impact
Mumbai: In a shocking incident, a hotel employee was stabbed while he went to rescue a customer . The incident took place at a hotel near Borivali railway station on Wednesday morning. He was stabbed as he went to the rescue of a customer who was being taken out of the hotel at gunpoint. READ: Mumbai City Updates Later, the staff member Naushad Buraniya asked one of the hotel boys to take them to the room of a customer. However, after returning, one of them again went up to the customer's room, without telling anything to the hotel staff. Later, Naushad along with his brother Salim followed him and saw he was dragging out the person at gunpoint. Crime Intelligence Unit to record Hrithik Roshan's statement in case against Kangana Ranaut tomorrow In 2016, Hrithik Roshan filed a complaint stating that someone impersonated him and mailed Kangana Ranaut As they tried to stop them, he stabbed Salim and fled. A case has been registered and further … [Read more...] about Borivali: Hotel employee stabbed for helping a customer
JOHOR BAHRU: Once bustling with visitors and tourists, Johor Bahru is quieter these days as a result of the COVID-19 pandemic. At least one hotel has shut down for good, while shopping malls look deserted, with some shops remaining shuttered. Commercial activities in Malaysia have been greatly impacted across the board since the government instituted the movement control order (MCO) beginning Mar 18 to curb the spread of the coronavirus. While green light was given for most businesses to resume operations in early May, those dependent on tourists and visitors find themselves struggling to survive as travel restrictions across the globe have reduced international tourist arrival to almost zero. READ: COVID-19 - Some Johor Bahru eateries feel the pinch as fewer Singaporeans travel across the Causeway In Johor Bahru’s case, the state capital is a popular destination for visitors from neighbouring Singapore to shop, dine and relax. But with border restrictions … [Read more...] about From malls to hotels, the Singaporean haunts that have gone quiet in Johor Bahru amid COVID-19