SUBSCRIBERS

Far East H-Trust posts 17.7% drop in Q1 DPS

Fall in international visitor arrivals, shrinking corporate travel budgets take their toll

Nisha Ramchandani

Published Wed, Apr 29, 2015 · 09:50 PM

Singapore

AGAINST the backdrop of softening travel demand and smaller corporate budgets, Far East Hospitality Trust (H-Trust) posted a 17.7 per cent slide in distribution per stapled security (DPS) to 1.07 Singapore cents for the first quarter ended March 31, 2015.

Income available for distribution was 16…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes