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Hotel Properties
Property
HPL redeveloping northwest Orchard Road
DBS Research says redevelopment of northwest Orchard Road by HPL could add $2 to its RNAV of $5.80
September 14, 2023
Results
Ong Beng Seng's HPL reports $17.2 mil loss for 1HFY2023
As at June 30, HPL's NAV was $3.10, just slightly lower versus it share price. Other developers trade at a bigger discount
August 11, 2023
M&A
Cuscaden scheme receives regulatory approvals from MAS and IMDA
Cuscaden Peak receives regulatory approvals from MAS and IMDA for change of control ins SPH REIT's manager, and stake in M1
November 21, 2021
Broker's Calls
Far East Hospitality Trust, Hotel Properties emerge top picks amid regional hospitality rebound
SINGAPORE (June 18): OCBC Investment Research is positive on Singapore’s hospitality sector as it sees a demand-supply situation ripe for revenue per available room (RevPAR) growth.
June 18, 2018
Results
Hotel Properties reports 68% rise in FY17 earnings to $179.5 mil on higher sales
SINGAPORE (Feb 26): Hotel Properties, which owns the Four Seasons and Hilton hotels in Singapore, reported a 68% rise in FY17 earnings to $179.5 million from $108.6 million a year ago on higher sales and share of results of associates and JVs.
February 26, 2018
Results
Hotel Properties reports 32% rise in 3Q earnings to $42.2 mil
SINGAPORE (Nov 13): Hotel Properties reported 3Q earnings rose 31.5% to $42.2 million from $32.1 million a year ago.
November 13, 2017
Results
Hotel Properties posts 23.2% rise in 2Q earnings to $16.3 mil on higher revenue
SINGAPORE (Aug 11): Wheelock-owned Hotel Properties posted earnings of $16.3 million for the 2Q17 ended June, up 23.3% from the $13.2 million reported a year ago on the back of increased revenue over the quarter.
August 11, 2017
Results
Hotel Properties reports 27% rise in FY16 earnings from gain on disposal
SINGAPORE (Feb 27): Hotel Properties recorded a 27% rise in FY16 earnings to $103.5 million from a year ago.
February 27, 2017
Stocks To Watch
Wilmar, Noble, SBS Transit, SATS, UOL, Hotel Properties
SINGAPORE (Nov 11): Here are some factors and stocks that could move the market this Friday morning:
November 11, 2016
Beware headwinds in property sector but also seize the day
SINGAPORE (Sept 21): Despite the resale market remaining vibrant in August, with 750 caveats lodged, OCBC Research is maintaining its “neutral” call on the property sector, citing physical oversupply for 2016 to 2017.
September 21, 2016