Home Capital Broker's Calls

Hospitality REITs could get a reprieve

Jude Chan
Jude Chan5/30/2017 04:51 PM GMT+08  • 2 min read
Hospitality REITs could get a reprieve
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.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

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.

The opening of the hotels have been pushed back to late 2H17.

“With a better spaced out supply injection, we expect more evenly spread mid-single digit year-on-year declines in hotel RevPAR for the remaining three quarters of the year,” says lead analyst Deborah Ong in a Monday report.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.