Singapore is home to a growing tourism sector, receiving a wide-ranging mix of travelers from all over the world. From business travelers, families, backpackers to jet setters, there is a demand to meet the need. Investors who are thinking about setting up a hotel business in Singapore will find that there is no better time to do it than now.
Singapore is where some of the world’s leading international hotel chains call home. Also, boutique hotels quickly expanding with the rising demand in the country. If you are eager to set up a hotel business in Singapore, you will find the following information advantageous. Thus, this will help you begin on the right foot. This includes a lodging or boarding house type of hotel as well.
The first thing you would need is to acquire the Certificate of Registration and Hotel-Keeper’s License. Under the Hotels Act in Singapore, any individual who intends to operate a hotel in Singapore must obtain permission to use the premise as a hotel from the Hotel Licensing Board. Another thing is you must obtain required licenses too whether it is guesthouses or boarding houses. As long as the premise will do hotel-related activities, then you should get a license.
In order to qualify for the Certificate of Registration and Hotel-Keeper’s License, you must fulfill these conditions:
The Certificate of Registration and Hotel-Keeper’s License will normally take about three weeks before it is approved. Well, on the condition that the advertisements provided in the English and Chinese dailies receive no objections. The licenses are valid until December of every year and also renewable on an annual basis.
Other types of licenses which you will need to run your hotel business are:
Hence, if you are interested to start a hotel business in Singapore, read more from a local corporate service provider in Singapore who can assist you along the way.