Singapore's Hotel Properties H1 revenue falls on travel drops due to Middle East conflict

Hotel Properties

14/08/2026 12:32

Overview
Singapore hotel operator's half-year revenue declined yr/yr
Company posted net loss after tax for the half-year period
Loss per share was 8.19 cents, compared to earnings last year

Outlook
Company did not provide specific financial guidance or outlook for the current or future periods

Result Drivers
REVENUE DECLINE - Co reported lower H1 revenue yr/yr as travel drops due to Middle East conflict and resultant disrupted air travel and higher fares
HIGHER OPERATING COSTS - Operating costs also rose as higher fuel
prices increased utilities, transportation and other related expenses
HIGHER COSTS - Administrative and finance costs increased yr/yr, contributing to the net loss

Company press release: ID:nSN4Pt36d

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$371.10 mln
 

Analyst Coverage
The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 25 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)