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BROKERS' TAKE

Staycation reopening a plus for hospitality S-Reits: DBS

Far East Hospitality Trust, CDL Hospitality Trusts 'prime beneficiaries', given their significant Singapore exposure

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DBS says Sentosa hotels will likely benefit first as they are probably the more attractive alternatives, given that most are still confined within local shores.

Singapore

DBS Group Research on Monday said the reopening of hotels for staycations in Singapore will be positive for all hoteliers in the Republic, including Ascott Residence Trust and Frasers Hospitality Trust.

Far East Hospitality Trust (FEHT) and CDL Hospitality Trusts (CDLHT)...

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