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

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

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.

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