Singapore's Hotels Get a 'Crazy Rich Asians' Boost
- Industry heads into New Year in good shape as arrivals climb
- ‘Crazy Rich Asians’ showcased some of nation’s top hotels
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After Singapore’s residential and office markets made comebacks, the next property sector to bet on might just be its hotels.
The hotel industry is heading into 2019 in good shape after boosts to visitor arrivals from the Trump-Kim summit and the romantic comedy “Crazy Rich Asians.” Average occupancy rates touched 87 percent this year, the highest in a decade, property firm Cushman & Wakefield Inc. said.