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Re: May 1, 2021. Covid 19 community cases. What Happened?

Posted: Fri, 18 Jun 2021 1:04 pm
by sundaymorningstaple
The winding up is against Park Hotel Management which used to own the Grand Park Hotel on Orchard. Apparently it is due to arrears of rent. Maybe the first domino falling in the Hospitality sector?

Re: May 1, 2021. Covid 19 community cases. What Happened?

Posted: Mon, 21 Jun 2021 2:09 am
by Lisafuller
BigginHill wrote:
Fri, 18 Jun 2021 11:43 am
Lisafuller wrote:
Wed, 19 May 2021 11:24 pm
You’re probably right about the border.
Update - with the sustained entry approval ban & extended 3 weeks of quarantine, people in hotel quarantine dropped from 16k to 4k in last 2 months, emptying out the hotels.

SHN.JPG
Doesn’t bode well for the hospitality industry. Wonder how long this is going to last…

Re: May 1, 2021. Covid 19 community cases. What Happened?

Posted: Mon, 21 Jun 2021 2:10 am
by Lisafuller
sundaymorningstaple wrote:
Fri, 18 Jun 2021 12:24 pm
I wonder if this means the government subsidies to those hotels will also drop in tandem? If it does, are we liable to see some 5* hotels shuttering?
Hope not…