0511 GMT - Singapore's hospitality-focused real-estate investment trusts are likely to have improved their 1Q performance, CGS International analysts say in a note. That comes as the city-state's tourism board reported an 11% on-year rise in revenue per available room for Singapore hotels in February, they say. The analysts expect Singapore's visitor arrivals to hold up better than peers in 2026, thanks to sports and entertainment events and business tourism related to meetings, incentives, conferences and exhibitions. Additionally, Singapore hospitality REITs' unit prices have likely factored in any declines in RevPAR, they say. CGSI prefers Far East Hospitality Trust within the Singapore hospitality REIT sector, followed by CapitaLand Ascott Trust and CDL Hospitality Trusts. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
April 09, 2026 01:11 ET (05:11 GMT)
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