RevPAR

The trust reported NPI of $19.8 mil for 1Q21 as travel restrictions continue to impact its business.

FHT as at Dec 31, 2020, has 15 properties in nine cities and an appraised portfolio value of $2.25 billion.

CDLHT's gross revenue and NPI registered growth in 3QFY2020 compared to the previous quarter.

Although the group is expecting its FY2020 results to be “severely impacted” as the pandemic rages on, the board will be tabling its previously announced FY2019 dividend of 6 cents per share at the upcoming AGM.

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.

SINGAPORE (Jan 13): Singapore saw 1.2 million visitor arrivals in November, 2.5% higher compared to a year ago, according to the city-state’s tourism board.

SINGAPORE (July 4): RHB is maintaining its “overweight” call on the Singapore REITs (S-REITs) sector while reiterating its preference for the retail and hospitality sub-sectors.

SINGAPORE (June 17): UOB Kay Hian is maintaining its “overweight” rating for hospitality REITs on the back of a strong performance from hoteliers in April and exceptional growth in tourist arrivals, particularly from China and Indonesia.

SINGAPORE (June 14): CIMB is reiterating its “overweight” call on S-REITs, though hospitality remains its least preferred sub-sector as the house does not anticipate a recovery in RevPAR in 2016 just yet.