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Full Version: Too many new hotels in Orchard Road? Experts weigh in on whether oversupply
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Too many new hotels in Orchard Road? Experts weigh in on whether oversupply is a concernĀ 

https://www.straitstimes.com/singapore/c...-hoteliers
(30-11-2023, 07:52 PM)Oyk Wrote: [ -> ]Where got enough I have 9 granddaughters and a manly face lao bu.
Hotels is for tourist , visitors for holiday , events. Still have to boil down to tourism board, they can managed to attract more tourists come SG .

So far I guess tourists also bored come SG and even come SG will be " Short stay " just stay for 3 days or so.

locals got but is hardly , is only when come National Day or F1 " some locals will book hotel to stay there and enjoy the atmosphere surrounding , view the fireworks etc "
(30-11-2023, 08:09 PM)[[ForeverAlone]] Wrote: [ -> ]Hotels is for tourist , visitors for holiday , events. Still have to boil down to tourism board, they can managed to attract more tourists come SG .

So far I guess tourists also bored come SG and even come SG will be " Short stay " just stay for 3 days or so.

locals got but is hardly , is only when come National Day or F1 " some locals will book hotel to stay there and enjoy the atmosphere surrounding , view the fireworks etc "

(30-11-2023, 08:09 PM)Oyk Wrote: [ -> ]I bring my granddaughter there for short time and my mother for longer time
Why you care ? More than can have competition prices won't go up... Amara hotel soon close shop.
Rich man problem
What oversupply they talking about? 5 stars hotel there per night still cost you average $400, meanwhile only half price in KL, Bangkok, Jakarta....
What oversupply. Hotel room now no $300 no $500 per night no talk. There is not enough supply and this causes demand to push higher and higher price as everyone want to get one.