‘Compelling yields’: DBS flags opportunity in hotel S-Reits on Mice, concert hub status 

[SINGAPORE] Hotel Singapore-listed real estate investment trusts (S-Reits) could benefit from the Republic’s drive to establish itself as a regional hub for meetings, incentives, conventions and exhibitions (Mice) and concerts, said DBS analysts.

This comes as Singapore eyes a new Mice hub downtown amid plans by the Singapore Tourism Board (STB) to leverage the country’s position as a regional Mice and concert hub, to more than double tourism receipts from 4 to 10 per cent by 2040. It is set to promote bleisure – a blend of business and leisure travel – to short-stay business travellers as this group made up around 37 per cent of the business-related travel market share in 2024.

“The promotion of bleisure is at the heart of…