annual report 2012
01
CDLHT is one of Asia’s leading hospitality trusts with
a current asset size of $2.1 billion. It owns 13 hotels in
Singapore, Australia, New Zealand, the Maldives as
well as a shopping centre in Singapore. The substantial
value of its assets are sited in central locations within
Singapore. Aside from the Maldivian asset, all other
hotels are well located within key gateway cities.
The properties comprise a total of 4,420 rooms
and are operated by master lessees (subsidiaries
of Millennium & Copthorne Hotels plc, Accor S.A.,
Rendezvous Hotels International Private Limited and
Banyan Tree Holdings Limited).
CDLHT is a stapled group comprising CDL Hospitality
Real Estate Investment Trust (“
H-REIT
”), a real estate
investment trust, and CDL Hospitality Business Trust
(“
HBT
”), a business trust. CDLHT was listed on the
Main Board of Singapore Exchange Securities Trading
Limited (“
SGX-ST
”) on 19 July 2006 and has a market
capitalisation of approximately S$1.8 billion as at
31 December 2012.
CDL Hospitality trusts