, Singapore

Hospitality REITS should brace for tourism drought in 2015

There will be fewer flights from two key markets.

Tourist arrivals into Singapore are likely to remain weak in 2015, due to softer economic growth in China and higher inflation in Indonesia, said Fitch Ratings.

Hospitality S-REITs are also the most exposed to refinancing and interest-rate risk next year as the sector has proportionately more debt maturing during the year, it added.

Analysts from OSK-DMG remain biased towards segments that offer potentially strong rent
growth on favorable demand/supply conditions. 

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