Case Study: 

But the oversupply of rooms may temper growth.

The average daily rate (ADR) of Singapore's hotels is expected to climb by 1-3%, similar to most Asian countries, except Japan with 3-5% and Korea with 6-8%, Colliers International said.

According to its hotel insight, consumer confidence is likely to strengthen, as Singapore, along with Bangkok and Hong Kong, is expected to firmly remain the leading Asian destinations of choice in 2018

However, the oversupply of hotel rooms in Singapore is likely to temper growth.

read more