Brighter prospects for hotel industry

“This revival is attributable to the pent-up demand for both leisure and business travel," says Zerin Properties CEO Previn Singhe.

WHILE the hotel industry has seen a rebound in activity this year, it may still be a while before the sector can match the highs that were recorded prior to the pandemic.

Zerin Properties chief executive officer Previn Singhe says the hotel sector has witnessed a positive turnaround, with improving occupancy rates and average room rates across multiple destinations.