, Singapore

3 assets to provide OUE Hospitality Trust some medium-term growth

Hotel rooms could double to 2,233.

According to OCBC, OUE Hospitality Trust (OUEHT) possesses the Right of First Refusal for three properties -- Crowne Plaza Changi Airport, Meritus Mandarin Haikou China and Meritus Mandarin Shantou China -- due to having OUE as a sponsor.

"These properties could provide some medium-term growth for OUEHT, potentially more than doubling the number of hotel rooms to 2,233," said OCBC. 

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