Fitch: Singapore Hospitality REITs' Earnings Under Pressure
Singaporean hotels continue to experience the weakest conditions among geographies in which hospitality SREITs operate. This is because of slower economic activity across key inbound markets, and a concurrent overcapacity in domestic hotel rooms. Singapore hotels accounted for nearly half of the sector's income.
The report also discusses the key themes that can change the sector's credit profile over the short- to medium-term. The complete report, including more details on these topics, is available at www.fitchratings.com.
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