Hotel Miramar Singapore, a landmark property along Havelock Road, will permanently close its doors at the end of October 2025. This brings the 4-star hotel to an end after five decades in the nation’s hospitality sector. The closure will affect all 108 employees—many of whom have worked at the hotel for decades—with some serving for the full 54 years. The difficult decision was announced via a joint press release with the Food, Drinks and Allied Workers Union after a comprehensive evaluation of the hotel’s long-term business outlook and increasing challenges in the industry. Here’s what we know about the Hotel Miramar Singapore closure.
Hotel Miramar shuts down after 5 decades
The hotel’s management cited prolonged business uncertainty, rising competition from newer establishments, and manpower challenges that have intensified since the COVID-19 pandemic, as reasons for the shutdown. Meanwhile, Singapore’s maturing hospitality landscape and the aging hotel infrastructure led to dwindling occupancy rates and squeezed margins, directly affecting sustainability.
For many staff—especially long-time employees—the closure is emotional and marks the end of an era filled with memories, friendships, and high-occupancy moments. However, the hotel aims to help these workers transition into new roles. Certainly, this shows commitment and loyalty to their staff.
Additionally, Hotel Miramar and the union have committed to treating staff fairly and responsibly—offering retrenchment packages in line with collective agreements and providing additional payouts for long-serving employees. Meanwhile, employees with less than two years of service will receive ex-gratia payments, career counseling, and job matching support handled by NTUC’s Employment and Employability Institute. In fact, the union praised the exemplary conduct by management in handling the retrenchments.
Hotel Miramar Singapore opened in 1971, with its owner-operator first set up in 1968, placing its length of operations at 54 years by the time of closure in October 2025. Today, it is known for its spacious guest rooms, vibrant outdoor pool, boutique spa, gym, on-site restaurants including a popular Japanese buffet, and more—close to Robertson Quay and the Singapore River.
What will happen to the property after closure?
Negotiations for the sale of the Hotel Miramar site are well-advanced according to reports. Aravest (a spinoff of ARA Asset Management) are emerging as the likely buyer—sparking speculation about redevelopment or conversion into a new hotel or commercial project.
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