hospitality sector

SINGAPORE (June 8): The historic Trump-Kim Summit is scheduled to be hold on June 12 at Sentosa Capella Hotel.

SINGAPORE (Oct 30): CDL Hospitality Trust (CDLHT) on Friday announced its 3Q17 results, posting a 3% decrease in distribution per stapled security (DPSS) to 2.29 cents compared to 2.36 cents in the previous year.

SINGAPORE (Aug 4): Chong Kee Hiong, CEO of OUE Hospitality Trust (OUE-HT)’s manager, senses from his regular interaction with investors that the market is looking for an inflection point in the hotel sector.

SINGAPORE (March 28): OCBC Investment Research is maintaining its “neutral” call on Singapore’s hospitality sector with OUE Hospitality Trust (OUE HT) as its top and only “buy” pick in the Singapore REITs space at a fair value of 75 cents.

SINGAPORE (March 16): OCBC is maintaining its “neutral” rating on the hospitality sector, advising investors to buy into the sector on dips.

SINGAPORE (Jan 18): OCBC Investment Research is keeping its “neutral” rating on Singapore’s hospitality sector on expectations of a challenging 2017, but highlighting opportunities for dollar-cost averaging in 2018.

SINGAPORE (Aug 29): OCBC Investment Research is keeping its “neutral” rating on the hospitality sector with expectations that the industry’s supply overhang situation will worsen this year.