70-Room Boutique Hotel Joo Chiat Singapore For Sale by Expression of Interest
Aqueen Heritage Hotel for sale – Joo Chiat a boutique hotel located at 51 Joo Chiat Road, has been put up for sale via an Expression of Interest (“EOI”) exercise by the exclusive marketing agent Shaun Poh Cushman & Wakefield.
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.
Singapore’s mid-market hotel industry is being forced to consider reimagined business models, guest amenities and experiences, as well as space usage due to challenges presented by COVID-19 and evolving consumer trends and lifestyle choices, JLL says.
