City Developments Limited (CDL) on Nov 30 reported that global occupancy of 38.3% for year-to-date ended September from 74.0% previously as the hospitality industry remains adversely affected by the impact of the Covid-19 pandemic.

Year-to-date, global revenue per available room (RevPAR) plunged 62.7% to $54.30 from the $145.40 reported during the same period a year ago.

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