You are here

Earnings expected to stabilise for Singapore's hospitality Reits

Fitch Ratings says this is due to higher visitor arrivals and income from new assets


FOLLOWING a tough year for the local tourism industry in 2015, the earnings of Singapore's hospitality Reits are expected to stabilise this year on the back of higher visitor arrivals to Singapore and income from new assets, Fitch Ratings said in a report.

"This is a more