Articles tagged “singapore”

News Blog

Trip.com Jumps on Buy Now Pay Later Bandwagon

China’s Trip.com has struck two new partnerships, covering the UK and Asia Pacific, to give customers the opportunity to delay or spread out payments for their purchases. In Asia Trip.com has joined forces with Atome, while in the UK it will use Klarna. Trip.com bookers in the UK will see Klarna as an additional payment…

Tourism

Reopened Asian Destinations Dangle New Incentives to Win Back Tourists

Destinations are looking to fill the China void by luring international tourists with incentives. And while we'd have to wait to see how effective these schemes turn out to be, travelers surely should make the most of it.

Reopened Asian Destinations Dangle New Incentives to Win Back Tourists

Tourism

TikTok’s Short-Form Video Revolution Gains Traction in Search for Destinations

As short-form video becomes more important to marketing, destinations will need to step up their creativity and adjust their mindset to the new medium, or they will be forced to spend money on hiring those who can do it.

TikTok’s Short-Form Video Revolution Gains Traction in Search for Destinations

News Blog

Southeast Asian Destinations Steer Tourists Towards Road Trip Holidays

In a bid to encourage tourists to explore the region by road, the 10 member states of the Association of Southeast Asian Nations (ASEAN) have come up with a driving tourism manual. The guidebook contains information on driving in Thailand, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, and Vietnam and also includes a list…

Business Travel

Hong Kong’s Restart Prompts Warnings Over Rising Corporate Travel Costs

Experts on the ground in both Hong Kong and Singapore already report booking spikes and surges in airfares and hotel rates. The message is to start laying the groundwork for when China eventually eases its own travel policies.

Hong Kong’s Restart Prompts Warnings Over Rising Corporate Travel Costs

News Blog

Singapore Sovereign Wealth Fund to Buy Majority Stake in Resort Group Valued at $2.2 Billion

The Government of Singapore Investment Corporation has acquired a majority stake in Sani/Ikos Group, a luxury beach resort group in the Mediterranean, for an undisclosed amount. The transaction that is expected to close in the fourth quarter of 2022, subject to regulatory approval, values the Mediterranean-based luxury resort operator at $2.27 billion. U.S.-based Oaktree Capital…

Business Travel

Singapore Regains Title as Conference Hotspot for Dealmakers and Investors

Business travel is booming, and rival financial hub Hong Kong can only look on in frustration as the international banking community flies in for some long overdue networking.

Singapore Regains Title as Conference Hotspot for Dealmakers and Investors

News Blog

MGM in Talks With Genting for Potential Purchase of Resorts World Sentosa

Casino-resort Genting Singapore is in talks with bidders for the purchase of Resorts World Sentosa and US-based MGM Resorts International is one of the top contenders, according to Bloomberg reports. While MGM’s recent talks with Malaysia’s Lim family, that owns 53 percent stake in Genting Singapore, failed to yield an agreement, the Singapore-based casino operator…

News Blog

Singapore’s Ascott to Acquire Serviced Apartment Company Oakwood

Singapore-based Ascott is buying global serviced apartment provider Oakwood Worldwide from Mapletree Investments, increasing its global portfolio by 81 properties and about 15,000 units. Terms of the deal were not disclosed. The acquisition is set to be completed in the third quarter of 2022, after which 8,500 Oakwood operational units are expected to immediately contribute…

Business Travel

Venture Capital Legend Tim Draper Looks to Franchise Hostels

Startup Draper House, which is part of the billionaire investor's funding network, is the perfect embodiment of entrepreneurial tourism, a fast-growing sub sector that blends startup culture and venture capital with hospitality. Co-branding opportunities could help it expand rapidly.

Venture Capital Legend Tim Draper Looks to Franchise Hostels