CDL Hospitality Trusts (CDLHT)

Broker's Calls

RHB keeps CDL Hospitality Trusts 'neutral' amidst a slow recovery

RHB may be upbeat on CDLHT's recovery but spots some bumps up ahead.
Analysts mixed on CDL Hospitality Trusts despite 'stellar performance' in core Singapore market for 1QFY2023 - THE EDGE SINGAPORE

Broker's Calls

Analysts mixed on CDL Hospitality Trusts despite 'stellar performance' in core Singapore market for 1QFY2023

UOB Kay Hian and CGS-CIMB have kept their "buy" and "add" calls, while Citi has maintained its "sell" rating.

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.

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.
Analysts split on CDLHT even after FY2022 outperformance, China's reopening 'already priced in' - THE EDGE SINGAPORE

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.

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.

Broker's Calls

Brokers' Digest: KORE, SIA, CDLHT, Netlink NBN Trust, Digital Core REIT

Here's what the analysts have to say this week.
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