0426 GMT - CDL Hospitality Trusts is likely to fully benefit from its completed asset-enhancement initiatives on some properties in 2026, says Maybank Securities' Liu Miaomiao in a note. The stapled trust's 2025 results showed improved operational metrics, with its revenue per available room in Singapore likely to have bottomed out, the analyst says. While its distribution per unit declined due to two hotels undergoing asset-enhancements, the completion of these enhancements should boost the trust this year, she says. CDL Hospitality Trusts' U.K. living segment is also likely to stabilize as occupancy ramps up, she says. Maybank Securities raises its rating to buy from hold while lifting its target price to S$1.00 from S$0.75 on CDL Hospitality Trusts, which is up 0.6% at S$0.87.(megan.cheah@wsj.com)
(END) Dow Jones Newswires
February 01, 2026 23:26 ET (04:26 GMT)
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