You are here

HOCK LOCK SIEW

Tourist arrival rebound points to better year for hospitality Reits

Pace of growth, if sustained, could help trusts ward off downward pressure on earnings

tourists1.jpg
Things are looking a bit more optimistic this year for Singapore's hospitality real estate investment trusts (Reits) even with additional room supply coming onstream, as a resurgence in visitor arrivals this year could help stave off downward pressure on earnings.

THINGS are looking a bit more optimistic this year for Singapore's hospitality real estate investment trusts (Reits) even with additional room supply coming onstream, as a resurgence in visitor arrivals this year could help stave off downward pressure on earnings.

According to preliminary

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom