Nikkei MarketsSingapore developers say malls recovering as virus fears abate
Hotels to face greater challenge with slump in travel
CapitaLand said 12 of its malls in China remain shut due to the coronavirus, though activity at the other 39 is picking up. © Reuters
February 26, 2020 19:16 JST
SINGAPORE (Nikkei Markets) -- Singapore's malls are starting to see more visitors as fears regarding the COVID-19 coronavirus recede among locals but hotels will continue to be hurt by low occupancy given the plunge in travel across Asia, the city-state's two biggest developers said.