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Hospitality S-Reits, integrated resorts most exposed to fallout from outbreak: Moody's
Published Wed, Feb 5, 2020 · 09:50 PM
Singapore
THE revenue-generating capacities of Singapore's gaming sector and hospitality real estate investment trusts (Reits) will be the hardest hit by the novel coronavirus outbreak, according to Moody's Investors Service.
This is because the two industries generate the majority of their revenue from foreign visitors, Moody's said in a report on Wednesday.
Tourist arrivals to Singapore are set to fall "sig…
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