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Hospitality S-REITs with US exposures expected to post strong operating results in 1HFY2022: DBS

Felicia Tan
Felicia Tan6/16/2022 04:00 PM GMT+08  • 3 min read
Hospitality S-REITs with US exposures expected to post strong operating results in 1HFY2022: DBS
One of the Hyatt hotels in the US, under ARAHT. Photo: Hyatt Corporation
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With a summer surge in travel demand on the cards in the US, DBS Group Research analysts Geraldine Wong, Tabitha Foo and Derek Tan are “excited” about the prospects of a rebound in operating metrics in US hospitality properties.

“We see a variety of positive indicators starting from major US airlines raising guidance on higher-than-expected ticket prices and capacity yields, cruise spending now just 10% shy of full recovery, and strong forward booking trends on travel websites,” the analysts write in their June 14 report.

“These encouraging signs point towards the ability of hospitality S-REITs with US exposures [such as] ARA US Hospitality Trust (ARAHT) and Ascott Residence Trust (ART) to post strong operating metrics come 1HFY2022 results,” they add.

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