Frasers Hospitality
Frasers Hospitality is a a hotel & serviced residence trust with 14 quality assets, mostly located in key gateway cities in Asia, Australia & Europe.
See below for the Latest 99.co and SRX News, Analysis, Profit Results, Share Price Information, and Commentary.
Frasers Hospitality Trust managers tap Benjamin Kuah as CFO
He began his duties on 25 September.
FHT's Singapore RevPAR falls 7.2% YoY amidst easing travel demand
Occupancy also declined in 9M 2024.
Frasers Hospitality ramps up overseas expansion
The company looks to open 20 more locations over the next four years.
Frasers Hospitality debuts in Taiwan with Fraser Residence Taipei
The new residential property will open in 2027.
Singapore property tax hike dents FHT's 1H24 bottom line
In 1H24, the REIT reported a 1.3% YoY lower NPI.
Far East Hospitality Trust's NPI climbs 6% to $25.1m on strong hotel growth
The hotel segment posted an 8.4% YoY higher revenue in 1Q24.
FHT turns down offer to acquire Capri by Frasers, citing strategy mismatch
The property has a 45-year lease remaining under JTC.
Frasers Hospitality Trust’s Singapore portfolio posts 16.6 YoY lower RevPAR in 1Q24
On a quarter-on-quarter comparison, RevPAR declined 25.7%.
Frasers Hospitality Trust's DPS rises 49.3% YoY in FY23
Gross revenue and NPI also improved during the period.
FHT’s Singapore portfolio RevPAR grew 76.8% YoY in 9M FY23
The hospitality trust said it exceeded the pre-2020 level by 15.2%.
Travel recovery boosts Frasers Hospitality Trust’s NPI to $45.2m in 1H23
The REIT’s net property income rose by 42.9%.
S-REITs bounces back in November as total returns rise by 5.7%
In October, S-REITs' total returns fell by 5.6%.
What are the pros and cons of the proposed privatisation of Frasers Hospitality Trust?
Frasers Property Ltd (FPL) is planning to acquire all of FHT’s stapled units for $0.70/unit.
Frasers Hospitality Trust’s second-half net profit more than doubles to S$30.9 million
The NPI was boosted by the higher YoY GR and lower operating costs
Frasers Hospitality revamps staycation deals for approaching school holidays
Prices range from $170 to $200 per night.
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