Wednesday 18 January 2017

Stock Market Today:Another tough operating year ahead for Singapore's hospitality sector



OCBC Investment Research is keeping its "neutral" rating on Singapore's hospitality sector on expectations of a challenging 2017, but highlighting opportunities for dollar-cost averaging in 2018.

In a Tuesday report, lead analyst Deborah Ong notes a growing proportion of Chinese travellers arriving by land compared to by air - which she thinks could be due to an increase in long-haul flights from Chinese cities to Australia over the last three years.

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