Far East Hospitality Trust

OCBC keeps 'overweight' on Singapore hospitality sector as REITs rally

SINGAPORE (Feb 7): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality space as the sector’s REITs – namely CDL Hospitality Trusts (CDL HT), Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) – rally into the new year with total returns of +5.7%, +2.5% and +6.5%, respectively.

Singapore hotels get boost from Crazy Rich Asian tourism boom

(Dec 19): After Singapore’s residential and office markets made comebacks, the next property sector to bet on might just be its hotels.

The hotel industry is heading into 2019 in good shape after boosts to visitor arrivals from the Trump-Kim summit and the romantic comedy “Crazy Rich Asians.” Average occupancy rates touched 87 percent this year, the highest in a decade, property firm Cushman & Wakefield said.

Far East Hospitality Trust, Hotel Properties emerge top picks amid regional hospitality rebound

SINGAPORE (June 18): OCBC Investment Research is positive on Singapore’s hospitality sector as it sees a demand-supply situation ripe for revenue per available room (RevPAR) growth.

The research house expects hotel RevPARs in the city state to accelerate from its pace seen in 1Q18, with hotel room supply only expected to increase 2.5% this year, and 0.8% and 0.6% in 2019 and 2020, respectively.

Arm yourself with these 5 Singapore REITs before heading into 2018

SINGAPORE (May 18): DBS Vickers recommends investors to remain “overweight” on the office and industrial Singapore REIT (S-REIT) sectors due to the prospects of an improving Singapore GDP, as well as the expected easing of supply pressures come 2018.

This REIT could be swimming against the tide of consensus

SINGAPORE (May 16): DBS Vickers is upgrading its call on Far East Hospitality Trust (FEHT) to “buy” from “hold”, raising its target price on the stock to 66 cents from 63 cents previously on expectations of a market recovery from 2018 onward.

CityDev, Singtel, ST Eng, AHT, FEHT, Design Studio

SINGAPORE (Nov 10): Here are some factors and stocks that could move the market this Thursday morning:

Far East Hospitality Trust hit by competition

SINGAPORE (Aug 1): Religare Institutional Research has cut Far East Hospitality Trust to a hold recommendation, with a lower target price from 69 cents to 64 cents, after the trust had a “non-performing quarter”.

Pang Ti Wee, Religare’s analyst, said in a note on Monday that FEHT’s 2QFY2016 revenue and distribution per unit had respectively achieved 22% and 21% of his full-year estimates, “on the back of continual soft corporate demand and lower room rates amid stiff competition”.

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