Home News REITs

Analysts still bullish about hospitality trusts

Goola Warden
Goola Warden6/15/2022 03:23 PM GMT+08  • 4 min read
Analysts still bullish about hospitality trusts
Paloma West Midtown student accommodation owned by ART
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.

As travel restrictions are lifted, analysts are becoming increasingly bullish on the outlook for hospitality trusts. DBS Group Research believes that the worst of the lockdowns are done and dusted. “The return of leisure travel has led to hoteliers’ hiking room rates. Leisure demand is poised for a meaningful upturn come 2H2022 as governments across the world ease Covid tests and quarantine requirements for vaccinated travellers,” a May DBS report points out.

For instance, RevPAR rose by 34% y-o-y in 1Q2022 in many countries, DBS observes. Its analysts believe that the uptick in Omicron cases globally that is being reported currently is unlikely to derail the recovery trajectory.

“We continue to expect more upside to RevPAR from 2Q22 onwards. The forward booking pace has improved and hoteliers are more confident in hiking room rates,” DBS says.

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.