OUE Hospitality Trust (OUEHT)

According to Rachel Tan, an analyst at DBS Group Research, OUECT appears to be “firing on all cylinders” following the merger.

SINGAPORE (Aug 6): The manager of OUE Hospitality Trust (OUE HT) has declared a distribution per stapled security (DPSS) of 1.06 cents in 2Q19, a 9.4% drop from the 1.17 DPSS declared in 2Q18 the preceding year.

SINGAPORE (Jan 31): OUE Hospitality Trust (OUEHT), trading at 10% discount to book, should re-rate from its current levels after the 2H18 correction as the hospitality industry is in the midst of a multi-year recovery, says DBS Group Research.

SINGAPORE (Jan 31): OUE Hospitality Trust (OUEHT) on Tuesday saw a 6.6% drop in 4Q17 distribution per stapled security (DPS) to 1.27 cents from 1.36 cents a year ago.

SINGAPORE (Dec 1): OCBC Investment Research is maintaining a “neutral” rating on Singapore’s hospitality sector, given currently rich valuations.

SINGAPORE (Aug 2): OCBC Investment Research is rating OUE Hospitality Trust (OUEHT) as its top pick among the hospitality REITs, after OUEHT on Tuesday posted a “blockbuster” 31.5% growth in distribution per unit (DPU).

SINGAPORE (July 12): RHB Research expects Singapore’s hospitality sector to finally turn around in 2018, on the back of easing hotel supply, continued visitor arrival growth, and a pick-up in corporate activities.

SINGAPORE (July 4): OCBC continues to remain “neutral” on Singapore’s hospitality sector given the recent compression in yields, while highlighting OUE Hospitality Trust (OUEHT) as its top and only “buy” pick with a fair value estimate of 75 cen

SINGAPORE (May 30): A delay in the expected launch of several hotels in the second quarter could help give hospitality REITs some breathing room amid declining revenue per available room (RevPAR), OCBC Investment Research says.

SINGAPORE (Sept 6): OCBC Investment Research is maintaining its “neutral” stance on Singapore’s hospitality sector pending further information on the severity of Zika, with expectations that the impact of virus’s outbreak will be “much milder”