Home Capital Broker's Calls

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
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.

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.

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.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now