Real estate tycoon Asok Kumar Hiranandani of the Royal Group has bought DoubleTree Hotel, the second parcel of The Intermark to be sold in a week. 479 more words
Tags » Hotelier News
Hotel room rates rose last year though occupancy took a hit from declining tourist arrivals, according to a report out yesterday.
A room cost $260 a night on average last year, up from $258 in 2013, making Singapore one of the most expensive out of 18 cities across Asia tracked by property consultancy Cushman & Wakefield. 505 more words