hospitality sector

Monthly tourist arrivals broke the 1 million mark in March, with with 1Q2023 statistics lining up with full-year expectations.

The hospitality S-REITs subsector is still currently trading at attractive valuations even with the re-rating in prices: DBS

Units in ART, CDLHT, FEHT closed $1.12, $1.29 and 65 cents respectively, while units in FHT closed at 49 cents on March 25.

With a recovering global economy, investors should be looking at companies that are expected to recover once a vaccine is out.

This hospitality stock is trading at a "steep discount" and is poised for a recovery.

Will Singapore's hospitality sector be able to see the sunshine again?

"We reiterate our hold rating on OUE C-REIT as we see limited scope for outperformance in the near term as the hospitality earnings outlook remains challenging," says CGS-CIMB Research.

“The slow but steady recurring income build-up, strong balance sheet, and brand name, coupled with an experienced management team, should help CDL emerge stronger from the crisis,” says RHB analyst Vijay Natarajan.

SINGAPORE (Apr 16): OCBC Investment Research has downgraded its recommendations for both Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) to “hold” from “buy”, after a strong rally so far this year for the two hospitality REITs.

SINGAPORE (Dec 17): Datapulse Technology announced that it is acquiring Hotel Aropa, a hotel located in Seoul, Korea, from Hotel Prima Co for a consideration of KRW 35 billion ($42.7 million).