CDL Hospitality Trusts Should Benefit From Brighter Sector Outlook -- Market Talk

Dow Jones02-02

0334 GMT - CDL Hospitality Trusts should benefit from a brighter outlook for Singapore's hospitality sector in 2026, RHB Research's Vijay Natarajan says in a research report. Its 2026 revenue per available room is forecast to grow 3%-5% this year after falling 6% last year, the analyst says. Drivers include higher visitor arrivals in Singapore from a stronger event and concert pipeline and moderate hotel supply CAGR of 1.7% a year over 2026-2028. Its Australia and New Zealand assets are expected to post stronger performance after recent hotel renovations amid a brighter demand outlook. RHB Research upgrades the trust's rating to buy from neutral and raises the target price to S$1.00 from S$0.88. Units are 1.2% higher at S$0.875. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

February 01, 2026 22:34 ET (03:34 GMT)

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