Far East Hospitality Trust Review @ 23 February 2023

Basic Profile & Key Statistics

  • Main Sector(s): Hospitality, Retail & Office
  • Country(s) with Assets: Singapore
  • of Properties (exclude development/associate/fund): 12

Key Indicators

Performance Highlight

Despite the divestment of Central Square on March 24, 2022, gross revenue, NPI and the income available for distribution increased yoy mainly due to higher income from the hotels’ segment.

Revenue per Available Room

REVPAR has been improving for both hotels and serviced residences where REVPAR for hotels has recovered to 90% of the 2019 level and REVPAR for serviced residences has surpassed the 2019 level….

Author: jeserje

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