Crowne Plaza Changi Airport (CPCA)

The REIT completed enhancements for Hilton Singapore Orchard in January 2023 and Crowne Plaza Changi Airport this month.

The AEI saw the addition of a dozen guest rooms to a total of 575 rooms, a revamped all-day dining area and new MICE spaces.

Works include the addition of 12 guest rooms and repurposing a former restaurant space into a 352 sq m function room.

SINGAPORE (July 30): CGS-CIMB Research is maintaining its “add” recommendation on OUE Hospitality Trust (OUE HT) while lowering its target price to 89 cents from 92 cents, after adjusting cost of equity (COE) assumption up to 8.6% compared to 8.4% pre

SINGAPORE (July 29): The manager of OUE Hospitality Trust (OUE HT) has declared a 2Q distribution per stapled security (DPS) of 1.17 cents, down 3.3% from its 2Q17 DPU of 1.21 cents on lower revenue from both its hospitality and retail segments.

SINGAPORE (May 3): Analysts are staying the course on OUE Hospitality Trust (OUE H-Trust), on the back of strong revenue per available room (RevPAR) growth in its hospitality segment, and a potential recovery for its retail segment.

SINGAPORE (May 2): The manager of OUE Hospitality Trust (OUE H-Trust) has announced distribution per stapled security (DPS) of 1.26 cents for the 1Q ended March, some 3% lower than DPS of 1.30 cents a year ago.

SINGAPORE (Nov 21): Passenger movements at Changi Airport continue to climb, registering 7.5% y-o-y growth in Sept and a 5.9% y-o-y growth for 9M17.

SINGAPORE (Nov 6): RHB Research is keeping OUE Hospitality Trust (OUE HT) at “buy” and raising its target price to 88 cents, from 83 cents previously.

SINGAPORE (Nov 2): Analysts believe there is still room for OUE Hospitality Trust (OUE HT) to rally, on the back of an anticipated recovery in the Singapore hospitality market.