Hospitality
Frasers Hospitality Trust soars around 40% in one month
FRASERS Hospitality Trust’s (FHT) stapled securities have surged around 40 per cent in one month.They were trading at S$0.42 on Nov 29, and then rose to S$0.59 on Dec...
CDL Hospitality Trusts ventures into student accommodation with £37.3 million UK deal
CDL Hospitality Trusts is venturing into the student accommodation business for the first time, with the purchase of a purpose-built student accommodation (PBSA) in Liverpool, United Kingdom.The PBSA is...
IReit Global inks lease agreement with second hospitality company in less than a month
EUROPE-focused real estate investment trust IReit Global has signed a 20-year agreement with hospitality operator Stayery, which will be leasing about 10,600 square metres (sq m) of gross floor...
Emil Bedretdinov: Revolutionizing Nightlife with AI-Driven Hospitality
In the dynamic world of hospitality, Emil Bedretdinov has emerged as a transformative leader, blending innovation and luxury to redefine the guest experience. As the founder and CEO of...
Frasers Hospitality Trust posts 0.8% fall in DPS to S$0.011682 for H2
FRASERS Hospitality Trust (FHT) recorded distribution per stapled security (DPS) of S$0.011682 for the second half of its financial year ended Sep 30, down 0.8 per cent from S$0.011777...
Acrophyte Hospitality Trust’s 9-month net property income down 4% to US$33.8 million
ACROPHYTE Hospitality Trust’s net property income (NPI) for the first nine months of FY2024 fell 4 per cent year on year to US$33.8 million, from US$35.2 million. Revenue amounted...
Stocks to watch: DBS, Acrophyte Hospitality Trust
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 7): DBS: Singapore’s largest lender beat estimates with record net profit crossing the...
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownershipTHE news that Frasers Hospitality Trust’s (FHT) wholly owned Australian subsidiary, FHT Australia...
Frasers Hospitality Trust’s hit by sudden jump in Aussie tax rate serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownershipTHE news that Frasers Hospitality Trust’s (FHT) wholly owned Australian subsidiary, FHT Australia...
Hospitality S-Reits’ RevPAR mostly resilient as tourism activity normalises
SINGAPORE real estate investment trusts (S-Reits) with hospitality assets have reported mostly stable operating performance in the third quarter even as tourism activity normalises following the post-pandemic travel boom.Business...