CDLHT eyes rebound after renovation drag as Singapore tourism outlook brightens
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CDL Hospitality Trusts (CDLHT) anticipates a rebound after facing five quarters of declining net property income due to renovations and high interest rates. With recent refurbishments of three hotels completed, CDLHT is poised to benefit from an improving tourism outlook in Singapore. CEO Vincent Yeo expects 2026 to bring a stronger hospitality market driven by a robust events calendar.
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