Investor Presentaiton
Marrying Growth with Resilience
Proxy to recovery of hospitality sector, underpinned by stable income base and strong fundamentals
Continued recovery expected for the sector
2022
63%
2023 Forecast
80%-95%
of pre-pandemic levels
of pre-pandemic levels
•
.
Positioned to benefit from recovery while staying resilient
Cautiously optimistic of the continued recovery in the hospitality
industry
CLAS is well-positioned to capture opportunities with its geographically
diversified portfolio, range of lodging asset classes and balanced mix of
stable and growth income streams
Note:
1.
World Tourism Barometer, World Tourism Organization, Jan 2023
CapitaLand Ascott Trust
•
Despite macroeconomic and geopolitical challenges, UNWTO¹ expects
international arrivals to reach 80% to 95% of pre-pandemic levels in 2023
•
Supported by pent-up demand, particularly in Asia Pacific, and China's
reopening
Europe, which recovered nearly 80% of pre-pandemic levels in 2022, is expected
to reach or exceed pre-pandemic levels in 2023
•
•
.
Exercising prudence, delivering sustainable returns
Amid the macroeconomic uncertainties, CLAS will continue to exercise
financial discipline in its investment and portfolio reconstitution plans
CLAS will undertake asset enhancement initiatives to uplift the value and
profitability of its properties
Healthy financial position and prudent capital management enable
CLAS to manage rising interest rates and foreign exchange volatility
Investor Presentation
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