- CapitaLand Ascott Trust will report its 1Q23F business update on 26 April 23, while CDL Hospitality Trusts and Far East Hospitality Trust will report on 28 April 23. (See Earnings Calendar)
- - Read this at SGinvestors.io -
CapitaLand Ascott Trust (SGX:HMN): More pronounced recovery from Japan, China and Vietnam
- - Read this at SGinvestors.io -
- We forecast 90%, 80% and 55% y-o-y RevPAU growth in FY23F for these countries respectively, and for RevPAU to reach 71%, 82% and 101% of pre-COVID-19 levels.
- France accounted for 7.9% of CapitaLand Ascott Trust’s 2H22 gross profit, with 10 out of 16 properties located in Paris. With the intensification of the Paris riots since March 23, the market could focus on management’s outlook and guidance for its France operations.
CDL Hospitality Trusts (SGX:J85): Singapore offsetting seasonal low in other markets
- Read more at SGinvestors.io.
Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.
Natalie ONG CGS-CIMB Research | LOCK Mun Yee CGS-CIMB Research | https://www.cgs-cimb.com 2023-04-24
Read More Analysis On Singapore REITs (S-REITs):
Analyst Reports on Singapore REIT Sector
Check Out Also The Summary Of:
S-REIT Share Price Performance
S-REIT Target Prices & Ratings
