Far East Hospitality Trust - Phillip Securities 2025-05-02: Lower Hospitality Contribution Due To High Base Effect

• Far East Hospitality Trust's 1Q25 revenue/NPI declined by 6.8%/8.3% y-o-y to S$25.2mil/S$23mil, which is in line with our expectations and forms 23% of our FY25e estimates. Due to the absence of major events compared to FY24, the lower contribution from the hospitality segment was the main factor behind the decline of the y-o-y performance.
• - Read this at SGinvestors.io -
• Far East Hospitality Trust remains confident of achieving low-single-digit RevPAR growth in FY25e, supported by healthy forward bookings for 2Q25.
• - Read this at SGinvestors.io -

The Positive

Commercial segment remains resilient.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Previous report by Phillip:
2025-02-13 Far East Hospitality Trust - RevPAR Growth Is Expected To Continue In FY25e.

Price targets by other brokers at Far East Hospitality Trust Target Prices.

Listing of research reports at Far East Hospitality Trust Analyst Reports.

Relevant links:
Far East Hospitality Trust Share Price History,
Far East Hospitality Trust Announcements,
Far East Hospitality Trust Dividend Payout Dates & Corporate Actions,
Far East Hospitality Trust News