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Brokers' take

Published Mon, Nov 21, 2016 · 09:50 PM

Singapore Hospitality | Neutral

OCBC Investment Research, Nov 21

For the hospitality counters we cover, Q3 2016 DPU growth ranged from -2.5 per cent to -7.4 per cent year on year, after adjusting for one-off items and equity financing. Looking ahead to FY2017, with a forecast 6.1 per cent growth in hotel rooms and tepid economic growth outlook, RevPARs (hotel revenue per avai…

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