The last time I reviewed OUE Hospitality Trust was last year May 2017 (
OUE Hospitality Trust 1Q2017 Results – Signs of Recovery? ). OUE Hospitality Trust released their 4Q2017 financial results on 30th January 2018 however I only managed to take a look at it recently. I am glad that their Hospitality segment recorded higher income due to
better operating performance of Mandarin Orchard Singapore and
full-year contribution from the enlarged 563-room Crowne Plaza Changi Airport.
Annual Distribution per unit increased 11.5% from 4.61 cents to 5.14 cents. This gem has finally reviewed its shine and I hope this continues over the next quarters. Will it?
Below is Singapore Hotel statistics compiled by Singapore Tourism Board.
| Singapore Hotel Tourism Board Statistics 2017 |
Jan to Dec 2017 |
Year-on-Year % Change |
| Standard Average Occupancy Rate (AOR) (%) |
84.7 |
1.5 |
| Total Room Revenue ($ m) |
3,696.3 |
... |
...
