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CDLHT Q2 distribution falls 8.1%

Earnings hit by decline in tourists arrivals and increasing competition in hospitality sector
Saturday, July 26, 2014 - 06:00
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HEATED competition in the hotel industry and a slowdown in visitor arrivals in Singapore, especially from China, dragged the earnings of CDL Hospitality Trusts (CDLHT), with second-quarter distribution per stapled security falling 8.1 per cent to 2.5 Singapore cents - PHOTO: CDLHT

Singapore HEATED competition in the hotel industry and a slowdown in visitor arrivals in Singapore, especially from China, dragged the earnings of CDL Hospitality Trusts (CDLHT), with second-quarter distribution per stapled security falling 8.1 per cent to 2.5 Singapore cents. But there are

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