hospitality trusts

CDLHT says it will continue to pursue suitable acquisitions with its short-term bridge loan facilities of $400.0 million.

FHT's NAV per stapled security stood at 64 cents as at March 31, unchanged from its levels as at Dec 31, 2022.

The top performer among REITs and trusts in 1H2022 was Frasers Hospitality Trust; the worst performer was EC World REIT

Singapore staycation demand is encouraging, with weekends achieving occupancy up to the permitted capacity.

Analysts appear mixed on Far East Hospitality Trust (FEHT), following its performance for 1H2020 ended June.

The hospitality sector continues to be the worst performing sector. Despite their pedigree, CDL Hospitality Trusts (CDL-HT) and Ascott Residence Trust (ART) ranked among the REITs with the highest yields (see chart 1), based on their historic DPUs. REITs

 Since March 23, when the FTSE ST REIT Index made its low, ARA US Hospitality Trust has recovered the most within its stressed hospitality sector. However, since the start of the year, the US trust is the worst performer.

SINGAPORE (Feb 10): The outbreak of the novel coronavirus is likely to affect REITs with exposure to Singapore’s hospitality sector. This is no surprise, given Chinese visitors comprised around 24% of total visi­tors for the 11 months to Nov 30, 2019.