hospitality sector recovery

Better earnings ahead for CDL HT as it rides local hospitality market recovery

SINGAPORE (Jan 30): Analysts are keeping a positive stance on CDL Hospitality Trusts (CDL HT) following Tuesday results announcement.

The managers of CDL HT, a stapled group comprising CDL REIT and CDL Hospitality Business Trust, posted a 2.1% decline in 4Q18 distribution per stapled security (DPS) to 2.77 cents from 2.83 cents in 4Q17.

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