The Business Times

cdl hospitality trusts

Companies & Markets

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

The group’s core Singapore market posted declines for NPI of 20.9% alongside lower RevPAR, which fell 14.2%.
Companies & Markets

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

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

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

Hotelier Kwek Leng Beng had his start with a single hotel on Orchard Road, before rapidly expanding into a global hospitality group with over 145 hotels worldwide.
Property

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

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.
Companies & Markets

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

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.
Companies & Markets

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

Benson Yard, UK
Companies & Markets

CDL Hospitality Trusts ventures into student accommodation with £37.3 million UK deal

W Singapore at Sentosa Cove is one of CDLHT's properties. Revenue per available room for its Singapore hotels was down 10.3 per cent on the year.
Companies & Markets

CDL Hospitality Trusts’ Q3 net property income falls 6.8% to S$36.3 million

CDL Hospitality Trusts' on Tuesday announced the acquisition of a lifestyle boutique hotel in Exeter in the south west of England.
Companies & Markets

CDL Hospitality Trusts acquires boutique hotel in England for £19.4 million

The stapled group’s interest coverage ratio stands at 2.73 times, and weighted average cost of debt is 4.3 per cent, as at the end of Q1.
Companies & Markets

CDL Hospitality Trusts reports unchanged H1 DPS of S$0.0251

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