Singapore’s hospitality industry is projected to see an annual increase of 9.53% between 2022 and 2027, culminating in a market volume of $1.35 billion by 2027, Statista reported. The country’s strategic Hotel Industry Transformation Map (ITM) 2025 designed five strategies to generate actual value-added growth of 5.9 percent between 2020 and 2025 and to promote decent employment in developing areas such as wellness, sustainability, and technology. Jones Lang LaSalle Incorporated (JLL) anticipated that the local hotel real estate industry would conclude this year with investments totalling $950 million. Investors continue to demonstrate an interest in hospitality properties, which is expected to increase through 2023. Between 2023 and 2025, there will be a total of 5,482 additional hotel rooms, according to the Urban Redevelopment Authority (URA) statistics and Edmund Tie's study. Singapore’s average hotel RevPAR will rise to $186.15 in 2023, but it will take some time for the domestic hotel industry to rebound to pre-pandemic levels, as supported by a forecast by Cushman & Wakefield.
The Hospitality Asia Forum (HAF) 2023 will bring together hotel developers, thinkers, and practitioners to explore key aspects of hotel operations in Singapore, including development destinations, investment landscapes, construction and design, revenue, branding and marketing, human resources and technologies to boost momentum for collective and robust growth down the road.
The global leader in secure, intelligent edge-to-cloud networking solutions that use AI to automate the network
HPE Aruba Networking , is the global leader in secure, intelligent edge-to-cloud networking solutions that use AI to automate the network, while harnessing data to drive powerful business outcomes. With Aruba ESP (Edge Services Platform) and as-a-service options, Aruba takes a cloud-native approach to helping customers meet their connectivity, security, and financial requirements across campus, branch, data center, and remote worker environments, covering all aspects of wired, wireless LAN, and wide area networking (WAN).
Signify (Euronext: LIGHT) is the world leader in lighting for professionals and consumers and lighting for the Internet of Things. Our Philips products, Interact connected lighting systems and data-enabled services, deliver business value and transform life in homes, buildings and public spaces. With 2021 sales of EUR 6.9 billion, we have approximately 37,000 employees and are present in over 70 countries. We unlock the extraordinary potential of light for brighter lives and a better world. We achieved carbon neutrality in 2020, have been in the Dow Jones Sustainability World Index since our IPO for five consecutive years and were named Industry Leader in 2017, 2018 and 2019.
Mews is a property management system designed to simplify and automate all operations for modern hoteliers and their guests. From the booking engine to check-out, from front desk to revenue management, every process is easier, faster and more connected. And with the integrated Mews Payments ecosystem, every transaction is secure and seamless.
3M applies science to develop innovations that make lives better, easier and more complete in diverse industrial and consumer industries, all while contributing to sustainable development. At 3M, we are experts in helping you push the boundaries of what is possible through form and function. We work with architects, designers, and construction companies to create beautiful and functional spaces. With the building and construction solutions portfolio ranging from the functional building window solar films to design-centric architectural film solutions for glass and interior design, we combine the demands of solid construction with the core elements of good design.
PR Newswire, a Cision Ltd. company, is a leading global provider of news distribution and earned media software and services. In conjunction with Cision’s cloud-based communications product suite, PR Newswire's services enable marketers, corporate communicators, and investor relations officers to identify key influencers, engage target audiences, craft and distribute strategic content, and measure meaningful impact. Combining the world's largest multi-channel, multi-cultural content dissemination network with comprehensive workflow tools and platforms, PR Newswire powers the stories of organizations around the world. PR Newswire serves tens of thousands of clients from offices in the Americas, Europe, the Middle East, Africa and Asia-Pacific regions.
TTG Asia has been delivering incisive editorials and intelligence analysis on pertinent travel trade developments in the Asia-Pacific since 1974. Renowned for its award-winning journalism, this leading industry business resource is widely acclaimed by travel trade professionals as their preferred read. The TTG Asia portfolio of integrated print and online products includes: the staple print newspaper and its digital complement, the TTG Asia e-Daily email bulletin, the online news portal www.ttgasia.com. TTG Asia is part of TTG Asia Media's core titles, which include, TTG China, TTG India, TTGmice, TTG-BTmice China, TTGassociations, TTG Asia Luxury and TTG Show Daily.