CN 
EN 
作者：Phillip Nova 销售总监 Eric Lee
In 2026, Singapore is lining up a powerful “mega-event pipeline” that could redefine its tourism trajectory. The city will host a four-night residency by global K-pop phenomenon BTS, welcome the first Asia homeport deployment of the Disney Cruise Line, and stage a high-octane race at the Formula 1 Singapore Grand Prix.
Collectively, these headline events are expected to drive tourism receipts to a record S$32.5 billion, even as visitor growth moderates toward 18 million arrivals. While the spotlight will be on sold-out concerts and packed race weekends, the more compelling story for investors could potentially be in the hospitality players positioned to absorb this surge in demand.
One such beneficiary could be Far East Hospitality Trust (SGX: Q5T).
Strategic Positioning for the 2026 Surge
Unlike luxury-focused operators, Far East Hospitality Trust’s portfolio is concentrated in well-located mid-tier and upscale properties—such as the Village Hotel brand—offering quality stays at accessible price points. This positioning is ideal for:
- Families attending concerts and cruise departures
- Corporate travellers tied to business events
- Regional tourists seeking value without sacrificing comfort
As room demand tightens during mega-event periods, mid-tier operators often benefit from both higher occupancy and stronger average daily rates (ADR).
The Real Investment Story: FY2025 Turnaround
While tourism optimism provides the backdrop, the trust’s improving fundamentals form the core of the investment thesis.
Core Distribution Growth
Although headline payouts appeared lower due to the absence of one-off divestment gains, Core Distribution per Stapled Security (DPS) rose a robust 13.2% in 2H2025 to 1.80 cents.
This signals genuine operational recovery rather than accounting-driven gains—a critical distinction for income investors.
Maiden Japan Contribution
The acquisition of Four Points by Sheraton Nagoya marks the trust’s first overseas expansion and has already delivered meaningful income contribution.
This “maiden contribution” not only diversifies earnings geographically but also enhances resilience by reducing overdependence on Singapore’s tourism cycle.
Debt Optimisation Masterstroke
In a decisive capital management move, the trust reduced its weighted average cost of debt from 4.1% to 3.1% within a year.
This sharp decline:
- Improves distributable income
- Enhances balance sheet flexibility
- Positions the trust to benefit as global interest rates stabilise
Lower financing costs provide a crucial buffer should market conditions become more competitive in 2026.
Eric Lee 是 Phillip Nova 的销售总监。凭借在期货、外汇、股票和单位信托方面的专业知识，Eric 是一位全方位的顾问。无需花时间梳理无穷无尽的信息，即可做出明智的交易决策，因为 Eric 可以通过 WhatsApp 随时为客户提供交易警报和见解。凭借多年的经验，Eric 在交易和投资方面制定了系统化的策略。预订下面的免费辅导课程，以利用他的专业知识，因为他传授他的知识来改善您的交易之旅。
- 立即开户
- Free NOVA Demo Account
- 免费 Phillip MT5 模拟账户
*适用条款和条件，请联系下方的 Eric 了解更多信息。
