| Stock Name /Code: | CDL Hospitality Trusts (J85) | ||||
| Sector: | Real Estate Investment Trusts (REITs) | ||||
| Opening Price as of 11 May 2015: | SGD 1.72 | ||||
| 52 wk high/low: | SGD 1.815/1.625 | ||||
| What business does the company do? | CDL Hospitality Trusts, through its subsidiaries, operates as a hotel real estate investment trust (REIT). It invests in a portfolio of hospitality and hospitality related real estate assets. As of December 31, 2009, the company owned and operated 11 hotels comprising Orchard Hotel, Grand Copthorne Waterfront Hotel, M Hotel, Copthorne King’s Hotel, and Novotel Clarke Quay in Singapore; Rendezvous Hotel Auckland, a deluxe hotel located in Auckland, New Zealand; and Novotel Brisbane, Mercure Brisbane, Ibis Brisbane, Mercure Perth, and Ibis Perth located in Brisbane and Perth, Australia comprising a total of 3,942 hotel rooms. It also operated Orchard Hotel Shopping Arcade, the shopping arcade adjoining Orchard Hotel in Singapore. The company has elected to be taxed as a REIT. As a REIT, it would not be subject to corporate income tax on 90% of its net income that is distributed to shareholders. CDL Hospitality Trusts was founded in 2006 and is based in Singapore. | ||||
| Research more on its website: | www.cdlht.com | ||||
| What is the Dividend Yield % pa? | 6.5% pa | ||||
| What is the P/E Ratio? | 13.859 | ||||
| Who owns the stock? | 31.92% by Hospitality Holdings Pte. Ltd. | ||||
CDL Hospitality Trusts
Sunday, May 10, 2015
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