Grand Millennium Auckland

Broker's Calls

CDL Hospitality best proxy to ride likely rebound in hotel RevPAR

SINGAPORE (July 31): CDL Hospitality Trusts (CDLHT) is RHB’s preferred hospitality REIT pick given that it remains one of the best proxies to ride the expected rebound in Singapore hotel RevPARs.

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.
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