CDL Hospitality Trusts
CDL Hospitality Trusts invests in a diversified portfolio of real estate, which is primarily used for hospitality, hospitality-related and other accommodation and/or lodging purposes globally.
See below for the Latest CDL Hospitality Trusts News, Analysis, Profit Results, Share Price Information, and Commentary.
CDL Hospitality Trusts H1 DPS up by 8.6% YoY to $0.0215
CDL Hospitality Trusts H1 DPS up by 8.6% YoY to $0.0215
Net property income increased 1.8% to $59.7m.
CDL sales slump in Q1 without big launch
Revenue dropped to $609.6m as Newport Residences replaced larger 2025 projects.
CDL Hospitality Trusts Q1 NPI climbs 10.4% on strong SG and Europe performance
Singapore hotels led gains as Japan and Maldives weigh on regional performance.
CDL Hospitality REIT raises $100m in perpetual debt to slash borrowings
The 4.00% securities under a $1.5b programme have no fixed redemption date and semi-annual payouts.
CDL Hospitality, Millennium & Copthorne Hotels enter lease deal for Auckland hotel
Under the 50-year lease deal, they will operate the 453-room Grand Millennium Auckland that is set to open end-2025.
CDL Hospitality Trusts’ NPI down 14.2% YoY
NPI for the period was $30.0m.
CDL Hospitality Trusts issues 4.9 million stapled securities for management fees
The stapled securities were issued at S$0.8505 each.
New acquisitions to boost CDL Hospitality Trust amidst stable Singapore hotel income
Singapore hotels are facing an oversupply of rooms.
CDL Hospitality Trusts' NPI down 9% in 2h 2024
The group’s DPS also declined by 11.9% to 2.81 cents in the same period.
CDL Hospitality Trusts units acquire Liverpool PBSA asset for $63.9m
The acquisition will be funded through debt financing.
CDL Hospitality Trust’s Q3 NPI drops 6.8% YoY
Weaker performance in five markets, including Singapore, attributed to the drop.
CDLHT acquires Hotel Indigo Exeter and retail units for $33.2m
Its retail units have existing leases which will continue until 2033.
Higher interest costs keep CDLHT's DPS flat despite NPI growth
NPI grew 5.9% in H1 2024.
CDL Hospitality Trust boosts NPI by 6.8% amid rising RevPAR
In Singapore, RevPAR rose 16.6% YoY to $205.
Hospitality REITs to get a boost from the normalisation of leisure and business travel
The travel and tourism sector is expected to grow at a 10-year CAGR of 5% to US$15.5t in 2033.
CDLHT NPI surges 23.3% in H1
The group’s revenue reached $119.2m for the half year.
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