Revenue Per Available Room (RevPar)

For the FY2022, DPS grew by 24.3% to 3.27 cents, up from the DPS of 2.63 cents in the FY2021.

Total revenue for 2HFY2020 fell 36.5% y-o-y to $65.5 million due to the “profound impact” of the Covid-19 pandemic.

Occupancy improved y-o-y to 97.3% from 92.3%, supported by contracts from government agencies as isolation facilities.

“We remain optimistic on ARA’s portfolio’s ability to outperform its peers due to the quality of its assets,” KGI analyst Amirah Yusoff writes in a note July 14.

EHT also booked a distribution per stapled security (DPS) of 1.649 US cents, 1.3% less than the forecasted 1.67 US cents. In its earnings call on Sept 30, the REIT’s manager said the misses were attributable to the group’s 10.6% revenue drop to US$

SINGAPORE (Sept 3): Singapore’s hotel occupancy rates have climbed to their highest in over a decade as travelers and business events switched from Hong Kong, where pro-democracy protests have slammed tourist numbers and wider business sentiment.

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 (July 31): OCBC Investment Research is maintaining “neutral” on Singapore REITs (S-REITs) with a weaker outlook for the hospitality sub-sector, which has prompted a pushback in expectations for a pick-up in Singapore hotel RevPAR this year t

SINGAPORE (July 23): The June meeting between US President Donald Trump and North Korean leader Kim Jong Un has proven an unequivocal success -- for Singapore’s hoteliers that is.

SINGAPORE (Sept 21): RHB Research is maintaining its "overweight" rating on Singapore REITs (S-REITs) on expectations of 2018 to be a turnaround year for the hospitality sub-sector as key growth drivers fall into place.