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 sales slump in Q1 without big launch
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.
Analyst remains neutral on S-Reits amidst global financial situation
There may be tighter financial conditions in the US due to interbank rates.
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