Hospitality H1 distribution up 13.8% to 93.87c per share vs 82.45c
2016-02-23 · Industrial Developments news
Hospitality Property Fund's (HPA) distribution for the six months to December 21 2015 rose 13.8% per combined share to 93.87c per share from 82.45c per share in the comparable period in 2014‚ the group said on Tuesday.
The A share distribution was up 5% to 77c from 73.33c in 2014 and the B share distribution rose 85% to 16.87c from 9.12c in 2014.
The subdued domestic economy continued to affect trading conditions in the hotel industry‚ compounded by the decline in public sector travel and conferencing‚ Hospitality said.
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