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Far East H-Trust Q3 DPS higher on improved outlook

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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%.

Singapore

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...

sentifi.com

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