CDL Hospitality Trusts (SG:J85) has released an update.
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CDL Hospitality Trusts reported a mixed performance for the third quarter and nine months ending September 2024, with total revenue showing a slight increase of 2.9% compared to the previous year. While revenue from leased properties in regions like Singapore and the United Kingdom showed growth, other areas like New Zealand and the Maldives saw declines. Managed hotels in Australia and Japan performed well, contributing to the overall revenue growth.
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