Analysts from CGS-CIMB Research, DBS Group Research, and Maybank Kim Eng are mixed on CDL Hospitality Trusts (CDLHT) following its results on July 29.

The REIT posted a 63.7% y-o-y plunge in 1H20 distribution per stapled security (DPS) of 1.51 cents, and a 44.5% y-o-y decline in revenue to $52.1 million due to the halt in global tourism and travel amid the Covid-19 outbreak.

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