(May 28 06:00) Sbr.com.sg
Uploaded By:
Janine Ballesteros
Submitted By:
Janine Ballesteros
Case Study:
No
Slow demand poses a risk to hotels receiving mainly fixed rents.
This chart from OCBC Investment Research (OIR) shows the proportion of fixed rent to the variable rent component of Ascott Residence Trust (ART), CDL Hospitality Trusts (CDLHT), and Far East Hospitality Trust (FEHT). Amongst these, FEHT has the highest, where fixed rents formed 72% of its master lease rental in 2019, followed by CDLHT and ART with 36% and 30%, respectively.
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