cdl hospitality trusts

CDL Hospitality Trusts enters into new lease agreement with Millennium & Copthorne Hotels for New Zealand hotel 

The new lease will run for a term of five years, with an additional five-year renewal option

CDL Hospitality Trust’s UK assets are performing relatively well. Benson Yard, a purpose-built student accommodation building in Liverpool, has a committed occupancy rate of 97% for the academic year 2025/2026.
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CDLHT poised to benefit from interest-rate cuts as hotel outlook improves 

[SINGAPORE] CDL Hospitality Trusts (CDLHT) is shaping up to become one of the key beneficiaries of falling interest rates. 

W Singapore – Sentosa Cove. CDL Hospitality Trusts' Singapore RevPAR falls 5.9% to S$201 from S$214.

CDL Hospitality Trusts Q3 NPI falls 5.6% to S$34.3 million

Revenue for the quarter is up 2.5% on the year at S$69.2 million

CDL's recent hotel launches include the July opening of M Social Penang in Malaysia. Executive chairman Kwek Leng Beng (third from left) says the group has grown its global portfolio through "strategic hotel management contracts and partnerships".

CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500

‘Developing a strong and reputable brand is my priority,’ says the property veteran

Net property income is down 11.9% at S$58.6 million in H1 2025, largely driven by ongoing room renovations at the W Singapore - Sentosa Cove, which accounted for a S$3.2 million drop.

CDL Hospitality Trusts H1 DPS falls 21.1% to S$0.0198

Revenue stands at S$125.1 million, down 1.8% from the same period the year before

The group’s core Singapore market posted declines for NPI of 19.6% alongside lower RevPAR, which fell 15.8%.

CDL Hospitality Trusts Q1 NPI slides 14.2% to S$30 million on lower revenue 

Revenue stands at S$63.4 million, down 2.8% from S$65.3 million previously

Executive chairman Kwek Leng Beng has seen the CDL's hotel business expand, especially after 1993 when the group acquired its first hotels outside Asia.

The highs and lows of CDL’s Millennium & Copthorne Hotels

The business has grown from a single hotel in Orchard Road to a global hospitality group with more than 145 hotels worldwide

CDL executive chairman Kwek Leng Beng said he has filed court papers on Feb 25 to deal with the “attempted coup” by his son and group chief executive, Sherman Kwek.

CDL bypass of nominating committee may seem ‘unusual’ but current rules open to interpretation: observers

Court can determine if directors’ appointments are in accordance with company’s constitution

W Singapore at Sentosa Cove, one of the properties under CDL Hospitality Trusts. The stapled group's managers attribute the lower H2 distribution to a fall in net property income.

CDLHT posts 11.9% fall in H2 DPS to S$0.0281

Distributable income drops 10.9% to S$35.4 million