Frasers Hospitality Trust (FHT) is a stapled trust comprising Frasers Hospitality REIT and Frasers Hospitality Business Trust. FHT owns a portfolio of 15 hotels and serviced residences across nine cities in the UK, Germany, Malaysia, Singapore, Japan, and Australia. As at 30 September 2020, FHT’s portfolio was valued at S$2.25 billion. Operating in the hospitality industry, FHT’s hotels and serviced residences operations would have been badly hit by the COVID-19 pandemic. Hence, I attended FHT’s 2021 AGM to find out how FHT is planning to recover from the fallout that was caused by the pandemic. 1. FHT CEO Colin Low shared that COVID-19’s impact on the global hospitality industry varied by country. As countries in the Asia-Pacific region had contained the pandemic better which led to the easing of lockdown measures quicker, Asia-Pacific hotel occupancy rates posted a less severe decline than that of Europe. The recovery of Europe’s hospitality industry was marred b...