Sunway REIT earnings momentum expected to continue in coming quarters

KUALA LUMPUR: Sunway Real Estate Investment Trust's (SunREIT) performance is expected to be bolstered by the festive season and holidays in the coming quarters.

According to Hong Leong Investment Bank (HLIB) Research, the hotel segment is expected to continue registering promising growth, driven by the positive average daily rate trend and sustained improvement in occupancy rates.