Page 20 - ar2012

CDL Hospitality TrustS
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NURTURING FOR GROWTH
The H-REIT Manager is continuously working with master lessees to enhance the quality of the assets of CDLHT
under management with a view to increase value and returns to Security Holders.
At Novotel Singapore Clarke Quay, the upgrade of bathrooms and minor room touch ups for all 401 rooms
and the addition of two newly converted rooms to the room count were fully completed in 2012. All level 5
meeting rooms were also refurbished to provide better quality conference experience. At Copthorne King’s
Hotel, existing retail space on level 2 was converted into more than 300 square meters of pre-function and
function/meeting space, coupled with refurbishment which uplifted the appearances of the staircase and toilets.
These asset enhancement initiatives are expected to enhance CDLHT’s product ofering as well as the long-term
revenue-generating ability of its properties.
As for the overseas portfolio, Rendezvous Grand Hotel Auckland completed the soft refurbishment of all its 452
guest rooms, meeting room, club lounge and lobby in 2012. The restaurants and bars have also been renovated.
Mercure Brisbane is currently undergoing soft refurbishment of its guest rooms and bathrooms. Work commenced
in November 2012 and is scheduled to be completed in mid-2013.
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New Function Room, Copthorne King’s Hotel Renovated Room, Rendezvous Grand Hotel Auckland
Refurbished Pre-Function Area, Novotel Singapore Clarke Quay