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.
Investment ValueThe Trust is currently trading at an attractive PB of 0.7x and a forward yield of 6.0%.
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.