CDL Hospitality Trusts 1H FY26 DPS rises 8.6% to 2.15 Singapore cents; revenue climbs 1.4% to S$126.86 million

Reuters2026/07/29 23:33

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CDL Hospitality Trusts lifted 1H 2026 distribution per stapled security 8.6% to 2.15 cents; total distribution rose 9.7% to S$27.51 million.
Revenue edged up 1.4% to S$126.86 million; net property income increased 1.8% to S$59.65 million.
Funding costs fell 14.5% to support payouts, on lower floating interest rates and proactive interest rate management.
Singapore hotels RevPAR climbed 4.1% as a strong first quarter offset a softer second quarter; occupancy rose 3.5 percentage points to 76.7%.
Management expects further funding cost savings in 2H 2026 versus a year earlier; M Hotel renovation targets 3Q 2027 completion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CDL Hospitality Trusts published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: I4VS2ZJGRP7D6MIZ) on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CDL Hospitality Trusts 1H FY26 DPS rises 8.6% to 2.15 Singapore cents; revenue climbs 1.4% to S$126.86 million

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