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CDLHT says hotel rates will stay competitive amid supply (Amended)

Its DPS for the three months ended June 30 dips to 2.23ยข


HOTEL room rates are expected to stay competitive as more supply comes on board, said CDL Hospitality Trusts (CDLHT) as it on Friday reported a 0.9 per cent fall in distribution per stapled security (DPS), reflecting lower net property income.

It said industry room...

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