Basic Profile & Key Statistics CDL Hospitality Trusts (CDLHT) is a stapled group comprises of CDL Hospitality Real Estate Investment Trust ("H-REIT") and CDL Hospitality Business Trust ("HBT"). CDLHT invests mainly in hotels and currently owns 18 properties across 8 countries.
Quarter Performance ReviewTotal gross revenue and NPI decreased YoY by 38.7% and 57.4% respectively. However, both New Zealand and Australia gross revenue and NPI increased YoY. REVPAR decreased YoY varies between different countries, the worst drop is Maldives at 95% while the least drop is Singapore at 58.2%. New Zealand has an increase of 0.4% YoY, this mainly contributed by Grand Millennium Auckland which secured government’s managed isolation business.

Besides Maldives, all countries have REVPAU improvement as compared to the previous quarter.

Lease Profile YTD REVPAU of S$ 78.3 is calulcated manually from business update, weighted by gross revenue. All of CDLHT income...