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CDL Hospitality Trusts ( (SG:J85) ) has shared an announcement.
CDL Hospitality Trusts reported a slight decline in total revenue for the first quarter of 2025 compared to the same period in 2024, with a 2.8% decrease. The operational update highlighted mixed performance across its geographical portfolio, with notable revenue drops in Singapore and Maldives, while the United Kingdom showed significant growth. The restructuring of rental agreements in Germany and Italy has impacted the revenue figures, with these changes expected to stabilize in the future. This performance reflects the ongoing challenges and strategic adjustments within the hospitality sector.
More about CDL Hospitality Trusts
CDL Hospitality Trusts is a stapled group comprising CDL Hospitality Real Estate Investment Trust and CDL Hospitality Business Trust, both constituted under the laws of the Republic of Singapore. The company operates in the real estate investment sector, focusing primarily on hospitality assets, including hotels and other related properties across various geographical locations such as Singapore, New Zealand, Maldives, United Kingdom, Germany, Italy, Australia, and Japan.
YTD Price Performance: -1.48%
Average Trading Volume: 183
Technical Sentiment Signal: Buy
Current Market Cap: $758.1M
Learn more about J85 stock on TipRanks’ Stock Analysis page.
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