Ascott Residence Trust is the first hospitality Trust in Singapore to secure a green loan
Ascott Residence Trust (ART) has obtained a S$50 million five-year green loan from DBS Bank Ltd (DBS), making ART the first hospitality trust in Singapore to secure a green loan.
Asia Pacific hotel occupancy bounces back to 51 per cent - CBRE report
New data from CBRE has shown Asia Pacific hotel occupancy rose in October, underpinned by the return of domestic travel across some of the sub-markets.
'Nike swoosh' recovery expected for Asia Pacific hotel industry - Colliers International
Colliers International's Hotel Insights Q2 2020 report has painted a bleak picture of the Asia Pacific accommodation sector, but the firm believes the industry is capable of coming out stronger from COVID-19.
