Financial PerformanceThe UK hotel portfolio accounted for approximately 15% of net property income, with revenue per average room rising and net property income increasing by 27% year-over-year.
Growth OutlookThe organic growth outlook remains strong, underpinning a c.10% two-year CAGR in DPU on the back of the resumption of travel demand.
Market PositionCDLHT continues to be one of the top hospitality S-REITs to benefit and ride on record-high RevPARs in Singapore, with hotels in prime locations, and is well positioned within both the leisure and corporate travel segments in Singapore.