Tuesday, September 6, 2022
Asia-Pacific

Singapore Leads Way on Room Cost

  • Bloomberg reported that hotel rooms in Singapore are now the most expensive in almost a decade.
  • Radisson Hotel Group said they are aiming to accelerate growth across Thailand.
  • The Tongsai Bay, the first five-star luxury hotel to be built on Koh Samui, has embarked on an innovative refurbishment and development program to celebrate its 35th anniversary as a luxury eco-haven.

Bloomberg reported that hotel rooms in Singapore are now the most expensive in almost a decade as the city-state seeks to position itself as the tourism and business destination in Asia. The average hotel room rate in Singapore rose nearly 70% year on year in July to S$259, the highest since September 2021. Visitor arrivals continue to […]