There may be positive news on the vaccine front with developments in Pfizer.
That means hope that hospitality sector can recover!
Moreover, SG-HK travel bubble will start on 22nov2020 which is more good news.
Read "Everything you need to know about the travel bubble between SG and HK"
If the travel bubble is successful, do expect more partnerships to emerge and a resurgence of tourist to Singapore!
Makes sense to own hotels?
Hotels benefit from tourism of course.
A simple way to own hotels is via a Hospitality REIT which owns hotels and service apartments.
If you buy such a REIT, you ultimately benefit from room rentals. Kind of like the owner of the hotel.
Do note that hotel room rentals are usually a day-day business.
Not just covid-19 that can impact hospitality, economic crisis will also.
I invested in 2008 in CDL hospitality Trust and it was affected by credit crisis and a freeze in corporate travels. The share price plunged.
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