Brief: Far East Hospitality Trust says qtrly gross revenue S$27.5 million versus S$28.9 million

Far East Hospitality Trust

21/02/2017 23:55

Feb 22 (Reuters) - Far East Hospitality Trust  FAEH.SI  
    * Qtrly gross revenue s$ 27.533  million versus s$28.9 
million 
    * Qtrly net property income s$ 24.9 million versus $26.3 
million 
    * "Growth in tourism is expected to remain subdued in 2017" 
    * Addition of 3,200 new hotel rooms in 2017 will put 
pressure on room rates 
    * Announced a distribution of 1.12 singapore cents per 
stapled security for the period 1 october 2016 to 31 december 
2016 
 
Source text for Eikon:  ID:nSNZ2bSJq6  
Further company coverage:  FAEH.SI  
 
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