CDL Hospitality Trust (CDLHT)

ART remains CGS-CIMB's top pick given its higher exposure to markets with stronger domestic demand.

Total revenue for 2HFY2020 fell 36.5% y-o-y to $65.5 million due to the “profound impact” of the Covid-19 pandemic.

The analysts prefer Ascott Residence Trust and CDL Hospitality Trust for their attractive valuations.

Maybank Kim Eng has maintained their "hold" call, while RHB Group Research has maintained their "buy" call on CDLHT.

Will Singapore's hospitality sector be able to see the sunshine again?

Analysts from CGS-CIMB Research, DBS Group Research, and Maybank Kim Eng are mixed on CDL Hospitality Trusts (CDLHT) following its results on July 29.

CGS-CIMB analysts Eing Kar Mei and Lock Mun Yee believe hospitality REITs in Singapore are “heading for a good start”.

The hospitality sector continues to be the worst performing sector. Despite their pedigree, CDL Hospitality Trusts (CDL-HT) and Ascott Residence Trust (ART) ranked among the REITs with the highest yields (see chart 1), based on their historic DPUs. REITs

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