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Home / Capital / Brokers Calls

Low occupancy at European hotels could hit First Sponsor's revenue: Phillip Securities

Broker's Calls

Low occupancy at European hotels could hit First Sponsor's revenue: Phillip Securities

Jeffrey Tan Published on Wed, Oct 28, 2020 / 1:46 PM GMT+8

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While Phillip Securities continues to favour First Sponsor Group, the brokerage believes the property company’s low occupancy rate at its European hotel could impact its top line.

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