CDL Hospitality Trusts (CDLHT)

Broker's Calls

Hospitality REITs could get a reprieve

SINGAPORE (May 30): A delay in the expected launch of several hotels in the second quarter could help give hospitality REITs some breathing room amid declining revenue per available room (RevPAR), OCBC Investment Research says.
CDL Hospitality Trusts (CDLHT) Grand Copthorne Waterfront

Broker's Calls

This unloved REIT offers outstanding value, says DBS

SINGAPORE (Nov 1): DBS Group Research says CDL Hospitality Trusts’ Singapore operations continue to be impacted by an oversupply of hotel rooms, but believes the REIT offers “outstanding” long-term value.

Results

CDL Hospitality Trusts' 3Q DPS up 3.4% to 2.44 cents

SINGAPORE (Oct 28): The manager of CDL Hospitality Trusts (CDLHT) has announced a 3Q DPS or distribution per stapled security of 2.44 cents, up 3.4% from 2.36 cents a year ago on the back of a 10.5% in revenue to $45.4 million.

Broker's Calls

Higher tourist arrivals fails to boost CDL Hospitality Trusts

SINGAPORE (Aug 1): An increase in visitor arrivals to Singapore has failed to lift CDL Hospitality Trusts (CDLHT), as corporate demand remains weaker compared to last year, according to Daiwa Capital Markets.

Results

CDL Hospitality Trusts' 2Q DPS 0.9% lower at 2.23 cents on soft trading conditions

SINGAPORE (July 29): CDL Hospitality Trusts (CDL HT) has declared a distribution per stapled security of 2.23 cents for 2Q16, 0.9% lower than the DPS of 2.25 cents in 2Q15.
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