CDL Hospitality Trusts

RevPar growth has moderated

Despite the pandemic, CDLHT’s portfolio has displayed resilience

CDLHT’s increase in its 9MFY2023 NPI was backed by strong growth from its Singapore, Italy, Germany and Japan hotels.

Singapore has a unique opportunity to become the entertainment capital of Asia

DBS says hospitality S-REITs reported strong performance in 3Q2021 and show promise heading into 2022.

DBS believes the STI is poised for a pullback in the near term.

With the remaining amount of approximately $370.3 million, about $342.2 million will be used to fund the acquisition of W Singapore – Sentosa Cove hotel by paying down the short term borrowings.

Here are three stocks to watch for the week: Keppel Infrastructure Trust, Ascendas REIT and CDL Hospitality Trusts

SINGAPORE (Sept 20): Singapore’s 31 real estate investment trusts (REITs) and six stapled trusts have averaged a total return of 18.6% in the year to date, according to Singapore Exchange (SGX).

SINGAPORE (Sept 6): DBS expects August’s market choppiness to continue into September over uncertainty policy actions over central banks, the risk of escalating geopolitical tensions in the Korean peninsula plus a lacklustre 2Q results season.