In its business update for the 1QFY2021 ended December, Frasers Property Limited (FPL) has reported lower revenue per average room (RevPAR) across its hospitality properties globally.

In North Asia, RevPAR declined 24.9% y-o-y to $67.4, while RevPAR in Asia Pacific ex North Asia fell 43.9% y-o-y to $99.

RevPAR in Europe for the 1QFY2021 plunged 68.7% y-o-y to $54.3.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook