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.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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