CDL Hospitality Trusts Likely Hit by Headwinds -- Market Talk

Dow Jones
2025/09/24

0154 GMT - CDL Hospitality Trusts has likely been hit by some headwinds, RHB Research's Vijay Natarajan says in a research report. Revenue per available room for its hotels in Singapore fell 14% in 1H, mostly due to subdued corporate demand and increased hotel supply, the analyst says. The 3Q outlook remains soft with Singapore Grand Prix this year being held in October instead of end-September, the analyst says. The outlook for its hotels in the Maldives also appears challenging owing to increased competition. RHB Research cuts its 2025 and 2026 distribution-per-unit forecasts for the trust by 12% and 6%, respectively. It lowers the unit's target price to S$0.88 from S$0.93, with an unchanged neutral rating. Units are 0.6% lower at S$0.81. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

September 23, 2025 21:54 ET (01:54 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10