03 February 12 | The Business Times by Edwin Loh
CONSUMERS of catered food will now know exactly how long their food has been out of the kitchen with a new regulation requiring caterers to time-stamp their meals. '(Time-stamping) seeks to provide useful information for consumers to make well-informed choices and, secondly, for caterers to prepare and serve their food promptly,' said Tai Ji Choong, director for environmental health at the...
03 February 12 | The Business Times by Nisha Ramchandani
WHILE 2011 turned out to be a stellar year for Singapore's hotel industry, it is likely to deliver a more moderate performance this year as the eurozone crisis continues to unfurl, forecasts hospitality consultancy firm HVS Global Hospitality Services. HVS said revenue per available room (Revpar) rose 15 per cent to $213 last year, boosted by growth in the average room rate (ARR) and by a higher...
01 February 12 | The Straits Times
CDL Hospitality Trusts (CDLHT) is confident its hospitality assets will not be hurt by the influx of new hotels expected to enter the market in the next three years. Twenty-six new hotels are expected to spring up by the end of 2014, adding at least 5,500 new hotel rooms, said Mr Vincent Yeo, chief executive of M&C Reit Management, the manager of CDLHT. These include the Parkroyal on...