Higher payouts from S’pore’s hotel Reits as demand recovers

SINGAPORE – Shareholders of Singapore’s three listed hospitality real estate investment trusts (Reits) will enjoy higher dividend payouts on the back of a recovery in travel this earnings season. Ascott Residence Trust, CDL Hospitality Trusts and Far East Hospitality Trust have posted impressive first-half results, thanks to a surge in travel demand. Ascott, which is […]