Average occupancy in Singapore is expected to stay in the range of 83% and 86% in 2012.

Average room rates in Singapore expected to increase between 10.0 and 15.0 per cent from 2010 levels in 2011, according to the latest research from CBRE Hotels.

CBRE has announced it has transferred Singapore-based executive Raymond Clement to its expanding Pacific Hotels team, ahead of an expected pick up in sales activity at the top end of the hotel investment market.

This white paper from CBRE Hotels looks at the evolution of the serviced apartments industry, its key players, and its challenges and opportunities.