Category Archives: General

Park Hotels open Singapore property

Posted on 15 Aug 2009 | Comments Off on Park Hotels open Singapore property

Park Hotel Group celebrated the opening of Park Hotel Clarke Quay this week.

The hotel is situated beside the Singapore River in the enclave of Clarke Quay.

With a red-tiled roof and spired towers, the 10-storey hotel pays homage to Singapore’s classic colonial style of the early 1800s.

The opening was marked by a traditional Lion Dance and live entertainment. The ceremony was officiated by S. Iswaran, Singapore’s Senior Minister of State for Trade & Industry and Education.

“Today is a moment we have all been anticipating – the Grand Opening of the newest addition to our family – Park Hotel Clarke Quay,” Allen Continue reading →

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Hotel room rates keep sliding in Q2 in many countries

Posted on 14 Aug 2009 | Comments Off on Hotel room rates keep sliding in Q2 in many countries

HOTEL room rates in many countries continued to slide in the second quarter as occupancy levels fell again, spelling good news for those trying to stretch their travel budget.

‘Mid-year results have shown the international hotel market is continuing to see average rates fall in many regions,’ says Margaret Bowler, director of global hotel relations at UK-based travel consultancy Hogg Robinson Group (HRG). ‘The latest figures suggest that the industry has some way to go before rates stabilise.’

Globally, average room rates fell at three- and four-star hotels as companies downgraded, which translates to stiffer competition for budget hotels that are struggling to maintain market share.

But five-star hotels raised their room rates an average of 7.7 per cent year-on-year, suggesting luxury hoteliers were willing to sacrifice Continue reading →

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