- Far East Hospitality Trust reported FY25 DPU of S$3.7 cents (-8.4% y-o-y) as the capital top-up from the divestment of Central Square was fully exhausted (FY25: S$7.9m).
Weak SG RevPAR offset by lower finance expense
- - Read this at SGinvestors.io -
- Gearing and cost of debt both declined during the year.
Improved occupancy rate
- Far East Hospitality Trust's FY25 revenue and NPI came in at S$111.4mil and S$96.6mil, +2.5% and -2.8% y-o-y, respectively. Excluding the Japan hotel, revenue declined 3.8% y-o-y.
- - Read this at SGinvestors.io -
- Japan hotel RevPAR rose 7.6% y-o-y, while gross operating profit increased 10.5% y-o-y in 2H25.
- With continued tourism arrivals and constrained new supply, we expect Singapore hotel and serviced residences RevPAR to grow 4% in FY26E.
Cost of debt to continue trend lower
- Read more at SGinvestors.io.
