CDL Hospitality Trusts Publishes Q3 and Nine-Month 2026 Operational Update
Bitget2026/10/28 23:47- CDL Hospitality Trusts’ net property income rose 7.1% year-over-year to SGD 36.75 million in the third quarter ended September 30, 2026.
- Quarterly revenue increased 4.1% to SGD 72.02 million, with earnings growth led by the UK, New Zealand, Australia and Europe portfolios.
- Nine-month net property income climbed 3.8% to SGD 96.4 million; revenue grew 2.4% to SGD 198.88 million.
- Singapore hotels’ quarterly revenue per available room rose 2.3% to SGD 206; occupancy reached 88.6%.
- Gearing fell to 35.6% from 37.7% at December 31, 2025; weighted average debt cost declined to 2.8% from 3%.
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