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Hotel revenues take a hit as cancellation numbers grow

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Posted 06 February 2020 - 08:08 PM

Hotel occupancy here has been badly hit by the coronavirus outbreak.

Cancellations are on the rise and some hotels have to chalk up additional expenses to clean and disinfect rooms.

Mr Arthur Kiong, chief executive of Far East Hospitality Management, which manages both outlets of Oasia Hotel at Downtown in Tanjong Pagar and Novena, and Village Hotel Sentosa, said that since the first case here on Jan 23, cancellations have peaked.

Mr Kiong said Oasia Hotel's occupancy rate has fallen sharply.

It is not sustainable in the long run, he said, adding that the hotel relies heavily on Chinese travellers for business.

He said: "From the onset, 20 per cent of our business has been wiped out.

"We are holding our breath to see how business will pick up in the coming months."

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