Between Ascendas Hospitality Trust and Ascott Residence Trust Management Limited, which would be a better hospitality reit? If possible, please share with me why?
New to reits and would like to find out which is a better reit, and would like to see how you compare the two.
Both are close to their 52week high and are trading at around 1.02 P/B ratio
Difference : Ascendas having slightly higher dividend yield and lower gearing, can prove to be a better choice.
I personally went for Ascott, simply because I like the business more.
End of the day, you must understand and like the company's business model.