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Is hospitality REIT sector headed for a multi-year upswing?

PC Lee
PC Lee4/10/2018 12:03 PM GMT+08  • 2 min read
Is hospitality REIT sector headed for a multi-year upswing?
SINGAPORE (Apr 10): CIMB is maintaining its "overweight" on the hospitality sub-sector given expectations of an earlier and stronger than expected recovery in industry RevPAR.
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SINGAPORE (Apr 10): CIMB is maintaining its "overweight" on the hospitality sub-sector given expectations of an earlier and stronger than expected recovery in industry RevPAR.

Unlike the residential and office sub-segments such which could face higher supply come 2021, CIMB says hotels have minimal new supply.

"Hence, the cyclical recovery could potentially lead to a multi-year upswing," says analyst Yeo Zhi Bin in a Monday report.

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