hospitality

M&A

Datapulse's hospitality quest on firmer footing with stake acquisition in local hotel

SINGAPORE (July 9): Datapulse Technology is taking another step towards its diversification into the hospitality industry – just months after it was thrust into the spotlight for buying a haircare

Travel

Marriott International to reinvent 'luxury' with authentic stories, exclusive travel experiences

SINGAPORE (June 3): The term ‘luxury travel’ no longer ascribes to flying first-class or private, Champagne and caviar, or presidential suites with gilded interiors.

IPO

Eagle Hospitality Trust public offering re-allocated due to under-subscription

SINGAPORE (May 24): The managers of Eagle Hospitality Trust (EHT) have re-allocated 1.28 million stapled securities from the public offer to the placement tranche due to under-subscription in publi

Property

GIC said to be among bidders for Anbang hotel portfolio

NEW YORK (May 22): Brookfield Asset Management Inc.

Results

Banyan Tree's 1Q earnings decline fourfold on lower revenue, absence of one-off gains

SINGAPORE (May 16): Banyan Tree Holdings reported a 74% decline in 1Q19 earnings to $5.2 million from $20.2 million on the back of lower revenue, as well as the absence of one-off gains from the di

Broker's Calls

UOL poised for greater growth with Marina Centre stake, says DBS

SINGAPORE (May 14): DBS Vickers Securities is maintaining its “buy” call on UOL Group with a target price of $8.53, which implies 0.8 times P/NAV and is pegged to a 35% discount to RNAV after takin

Broker's Calls

3 non-office REITs to tide investors through an uncertain 2019: OCBC

SINGAPORE (Mar 12): OCBC Investment Research is maintaining “neutral” on the Singapore REIT (S-REIT) sector with a preference for retail and hospitality REITs over their office counterparts for the

Broker's Calls

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), Asc

Broker's Calls

2019 will be a good year for hospitality, but risks from trade tensions remain: OCBC

SINGAPORE (Jan 16): OCBC Investment Research is maintaining “overweight” on Singapore’s hospitality sector as it sees value in some of the hospitality REITs under its coverage at their current unit

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