Discover Singapore: Banyan Tree (BTH SP) Luxury Hotel Group Catching Attention of Industry Giants

Making sense of the Global Market, Euromonitor International Ltd.

Yu Mitsuhashi

Making sense of the Global Market

Euromonitor International Ltd.

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Thematic (Sector/Industry)

Singapore Hotels, restaurants and leisure / Thematic (Sector/Industry)

Mandarin Oriental International (MAND SP)

<ul class=""><li>Luxury hotels (5-star plus) revenues declined by 3% in current value terms in 2017, to sales of SGD1.7 billion</li><li>Hotels in Singapore face an oversupply of rooms and falling business arrivals</li><li>Marina Bay Sands leads brands of luxury hotels in 2016, with a 27% value share</li><li>Luxury hotels is expected to register a 1% value CAGR at constant 2017 prices, reaching SGD1.8 billion in 2022</li></ul>

Luxury hotels (5-star plus) revenues declined by 3% in current value terms in 2017, to sales of SGD1.7 billionHotels in Singapore face an oversupply of rooms and falling business arrivalsMarina Bay Sands leads brands of luxury hotels in 2016, with a 27% value shareLuxury hotels is expected to register a 1% value CAGR at constant 2017 prices, reaching SGD1.8 billion in 2022

Luxury Hotels (5-Star Plus) In Singapore