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Far East H-Trust Q3 DPS higher on improved outlook

An exterior shot of Oasia Hotel Downtown (right). The trust says there is "an uptick in overall market demand for rooms on the broader front". For its 9 hotels, revenue per available room grew 6.6%.


IMPROVEMENTS in the tourism sector plus the addition of Oasia Hotel Downtown to its portfolio lifted Singapore-focused hospitality owner Far East Hospitality Trust (Far East H-Trust) in its third quarter.

Distribution per stapled security (DPS) crept up to 1.05 Singapore...

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