News Snapshot:
More hotel groups, hotel developers securing green loans Green loans on the rise; finance sector plays its part to support government and private sector’s sustainability agenda Green financing encourages sustainable business practices, engagement with responsible travellers The pandemic may have devastated Singapore’s travel and tourism industry but green financing for hotel properties has remained buoyant and experts expect even stronger investments ahead. Major financiers and industry players TTG Asia spoke to indicated that sustainability efforts to green properties will likely accelerate post-pandemic and green financing seems poised on an upward trajectory too. Ascott Residence Trust secured a S$50 million five-year...
