hospitality sector

Broker's Calls

OUE C-REIT kept on 'hold' as hospitality sector outlook remains challenging

CGS-CIMB Research is keeping its “hold” recommendation on OUE Commercial REIT (OUE C-REIT) with an unchanged target price of 48.2 cents, as there is limited scope for outperformance in the near ter

Broker's Calls

City Developments gets upgraded to 'buy' amid potential rebound in 2021, attractive valuations: RHB

SINGAPORE (May 29): RHB Group Research analyst Vijay Natarajan is upgrading City Developments (CDL) to a “buy” from the previous “hold” with a lower target price of $9.50 as the stock trades below

Broker's Calls

ART, FEHT downgraded to 'hold' by OCBC; hospitality sector grapples with weak RevPAR

SINGAPORE (Apr 16): OCBC Investment Research has downgraded its recommendations for both Ascott Residence Trust (ART) and Far East Hospitality Trust (FEHT) to “hold” from “buy”, after a strong rall

M&A

Datapulse to acquire Seoul hotel for $42.7 mil

SINGAPORE (Dec 17): Datapulse Technology announced that it is acquiring Hotel Aropa, a hotel located in Seoul, Korea, from Hotel Prima Co for a consideration of KRW 35 billion ($42.7 million).

Broker's Calls

Will Kim-Trump powwow lure more visitors to Singapore?

SINGAPORE (June 8): The historic Trump-Kim Summit is scheduled to be hold on June 12 at Sentosa Capella Hotel.

Broker's Calls

Munich and Manchester give CDL Hospitality's revenue a lift

SINGAPORE (Oct 30): CDL Hospitality Trust (CDLHT) on Friday announced its 3Q17 results, posting a 3% decrease in distribution per stapled security (DPSS) to 2.29 cents compared to 2.36 cents in the

In print this week

The time to look into hospitality REITs is now

SINGAPORE (Aug 4): Chong Kee Hiong, CEO of OUE Hospitality Trust (OUE-HT)’s manager, senses from his regular interaction with investors that the market is looking for an inflection

Broker's Calls

Wait for dips to buy into hospitality sector, advises OCBC

SINGAPORE (March 28): OCBC Investment Research is maintaining its “neutral” call on Singapore’s hospitality sector with OUE Hospitality Trust (OUE HT) as its top and only “buy” pick in the Singapor

Broker's Calls

With recovery in hospitality sector on hold for another year, what should investors do?

SINGAPORE (March 16): OCBC is maintaining its “neutral” rating on the hospitality sector, advising investors to buy into the sector on dips.

Broker's Calls

Another tough operating year ahead for Singapore’s hospitality sector

SINGAPORE (Jan 18): OCBC Investment Research is keeping its “neutral” rating on Singapore’s hospitality sector on expectations of a challenging 2017, but highlighting opportunities for dollar-cost

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