Recovery In Sight Awaiting RevPAR recovery FEHT's distributable income rose 12.5% YoY/47.7% QoQ in 3Q21, with 9M21 up 3.0% YoY, underpinned by higher revenue/NPI at +0.7% YoY/+2.6% YoY and +2.4% QoQ/+1.8% QoQ. While its hotels should stay cushioned by government demand into 1Q22, RevPAR recovery remains in sight with Singapore's steady reopening, and should strengthen […]

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