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Home / Capital / Brokers Calls

Hospitality REITs in for multi-year upswing from stronger than expected RevPAR recovery

Broker's Calls

Hospitality REITs in for multi-year upswing from stronger than expected RevPAR recovery

PC Lee Published on Thu, Jan 04, 2018 / 11:19 AM GMT+8

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SINGAPORE (Jan 4): CIMB is "overweight" on the hospitality REIT sub-sector given RevPAR for Singapore hotels is expected to recover stronger at 7% y-o-y in 2018 versus 3% previously.

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