Its earnings season again. I've received a couple of annual reports as many companies have just closed their financial year to wrap up FY2017. I'm particularly interested in the results of the hospitality trusts which I own as 2018 is suppose to be the year where we should see some great recovery for this sector.


Most of the annual reports are now in a booklet format which saves a lot of cost for the companies as well as the environment. I have to go online or use the CD to view the annual reports. 2 hospitality trusts which I own are CDL Htrust and Far East Htrust.

In this post, I will deconstruct and dive down into the performance of individual hotels which they own which I believe will give us a better picture of the outlook of the hospitality sector in Singapore as well in other countries.

CDL Hospitality ......