Singapore's CDL Hospitality Trusts H1 revenue, net property income rise

CDL Hospitality Trusts

30/07/2026 24:54

Overview
Singapore hospitality REIT's H1 2026 revenue rose 1.4% yr/yr
Net property income for H1 2026 increased 1.8% yr/yr
Total distribution per stapled security for H1 2026 grew 8.6%

Outlook
Singapore events calendar expected to support hotel demand in H2 2026
Moxy Singapore Clarke Quay is expected to obtain its TOP in late 2026, with commencement of operations and completion of the acquisition expected in the first half of 2027

Result Drivers
RENTAL REVENUE - Higher rental revenue contributed to overall revenue growth in H1 2026
COST MANAGEMENT - Slight increase in property expenses offset by revenue gains, supporting net property income growth

Company press release: ID:nSN5Lxz8p

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$126.86 mln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and 3 "sell" or "strong sell"
The average consensus recommendation for the specialized reits peer group is "buy."
Wall Street's median 12-month price target for CDL Hospitality Trusts is S$0.85, about 6.9% above its July 29 closing price of S$0.80
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 21 three months ago

Reuters Recommended Reads
July 29 - Singapore's Far East Hospitality Trust H1 gross revenue rises on improved serviced residence performance
July 27 - Singapore's CapitaLand Ascott Trust H1 revenue falls on property closures, divestments
July 29 - Pebblebrook Hotel Trust Q2 hotel EBITDA rises on strong leisure, group demand at resorts

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)