Hospitality S-Reits, integrated resorts most exposed to fallout from outbreak: Moody's
Add BT as a preferred source
Vivienne Tay
Singapore
THE revenue-generating capacities of Singapore's gaming sector and hospitality real estate investment trusts (Reits) will be the hardest hit by the novel coronavirus outbreak, according to Moody's Investors Service.
This is because the two industries generate the majority of their revenue from foreign visitors, Moody's said in a report on Wednesday.
TRENDING NOW
Yeoh Pei Xien: YTL’s third-gen scion with a pastor’s heart
UOB CEO’s youngest child Grant Wee turns burnout into a wellness business
Keppel H1 net profit drops 59% to S$155 million on impairments, M1 deal fallout; shares fall 4%
Singtel explores Nasdaq-SGX dual listing for data centre arm Nxera, local data centre Reit
