Hotel Properties flags loss for first half of 2026
SGX Filings
Jul 31
Hotel Properties Limited said it expects to post a net loss for the six months ended Jun, 30 2026, according to a profit guidance released on Jul, 31 2026.
The hospitality group attributed the anticipated downturn to weaker performance at its hotels and resorts amid the ongoing conflict in the Middle East, as well as higher borrowing costs stemming from additional debt taken on for recent acquisitions.
Hotel Properties plans to release its unaudited half-year results by Aug, 14 2026 and urged investors to exercise caution when trading its shares ahead of the announcement.
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