The group is also involved in property development in Singapore, Thailand and the UK and owns prime commercial and retail properties in Singapore.
DBS Group Research analysts Elizabelle Pang and Derek Tan have initiated coverage on Hotel Properties Limited with a “buy” call and a target price of $4.35.
Hotel Properties Limited is a luxury hotel operator that runs and owns 39 hotels across 15 countries under renowned names such as Four Seasons, Concorde, InterContinental Hotels, Six Senses and Como.
