Sunway REIT hotels to lead earnings growth in FY24

KUALA LUMPUR: Sunway Real Estate Investment Trust's (SunREIT) positive earnings trend is expected to continue in the coming year, underpinned by growth in the hotel segment.

The research firm said the REIT's hotel segment is expected to continue improving in FY24 as domestic leisure, corporate and MICE activities increase, along with a return to normalcy in international and domestic tourist arrivals.