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BRIEF-Far East Hospitality Trust says qtrly gross revenue S$27.5 million versus S$28.9 million
February 22, 2017 / 12:47 AM / 7 months ago

BRIEF-Far East Hospitality Trust says qtrly gross revenue S$27.5 million versus S$28.9 million

Feb 22 (Reuters) - Far East Hospitality Trust

* 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: Further company coverage:

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