Singapore Stock Market News

CDL Hospitality Trusts - Challenging times

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Publish date: Thu, 29 Jan 2015, 11:55 AM
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Results in-line with DPU up 0.1% YoY as Maldives' strength balances fragility in Singapore. Singapore to remain challenging with MTD RevPAR down 6% to 26-Jan-15 while Maldives' outlook weakens on the back of strong USD, as well as depreciation of the Ruble and Euro.
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