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CDL Hospitality Trusts (CDLHT)
Results
CDLHT reports 35.0% higher NPI of $32.7 mil in 1QFY2023 update
CDLHT says it will continue to pursue suitable acquisitions with its short-term bridge loan facilities of $400.0 million.
April 28, 2023
Broker's Calls
Hospitality S-REITs entering 'multi-year upcycle' with 'travelanche' of Chinese travellers: DBS
DPUs will recover to 106% of levels in FY2024, which will more than compensate for higher interest rate risks, say DBS's analysts.
April 13, 2023
Broker's Calls
Analysts split on CDLHT even after FY2022 outperformance, China's reopening 'already priced in'
While CDLHT sports a strong recovery, Citi Research sees Far East Hospitality Trust (FEHT) as a better proxy for tourism.
January 31, 2023
Results
CDLHT reports 2HFY2022 DPS of 3.59 cents, up by 17.3% y-o-y
For the FY2022, CDLHT’s DPS increased by 31.9% y-o-y to 5.63 cents.
January 30, 2023
Company in the news
CDL Hospitality Trusts enters into another 10-year lease agreement with Banyan Tree for Angsana Velavaru
The lease structure provides downside protection for CDLHT.
December 14, 2022
Broker's Calls
Brokers' Digest: KORE, SIA, CDLHT, Netlink NBN Trust, Digital Core REIT
Here's what the analysts have to say this week.
November 04, 2022
REITs
CDLHT reckons with debt even as tourists return
CDLHT has 64% of its debt currently fixed. “This is on the lower side compared to peers.”
November 03, 2022
Broker's Calls
Analysts mixed on CDLHT, noting ‘superb’ 3QFY2022, but warn of interest rates risks
Analysts are mixed over the stock's outlook in the face of rising interest rates. Find out why.
October 31, 2022
Results
CDLHT's NPI increases by 54.4% y-o-y to $31.6 mil in 3QFY2022
For the 9MFY2022, NPI increased by 43.7% y-o-y to $82.6 million in tandem with the higher gross revenue.
October 28, 2022
New appointments
Kwek Eik Sheng appointed as non-independent non-executive director of CDLHT
CDLHT, on Oct 18, also announced several changes to its board.
October 18, 2022