OVERVIEW AND FINANCIAL REVIEW
Overview of CDL Hospitality Trusts
02
Chairman’s Statement
06
Financial Highlights
10
Portfolio Summary of CDL Hospitality Trusts
12
Year in Review
18
MARKET REVIEW
Singapore
28
Australia
30
New Zealand
32
Maldives
33
Japan
34
United Kingdom
35
LEADERSHIP STRUCTURE
Board of Directors
36
Management Reporting Structure
39
Management Team
40
PROPERTY PORTFOLIO
• Orchard Hotel, Singapore
44
• Grand Copthorne Waterfront Hotel, Singapore
46
• M Hotel, Singapore
48
• Copthorne King’s Hotel, Singapore
50
• Studio M Hotel, Singapore
52
• Novotel Singapore Clarke Quay, Singapore
54
• Claymore Connect, Singapore
56
• Novotel, Mercure & Ibis Brisbane, Australia
58
• Mercure & Ibis Perth, Australia
60
• Rendezvous Hotel Auckland, New Zealand
62
• Angsana Velavaru, Maldives
64
• Jumeirah Dhevanafushi, Maldives
66
• Hotel MyStays Asakusabashi & MyStays Kamata, Japan
68
• Hilton Cambridge City Centre, United Kingdom
70
REPORTS
Corporate Governance
72
Statement of Policies and Practices of HBT
92
Sustainability Reporting
98
Financial Statements
101
Statistics of Stapled Securities Holdings
187
Interested Person Transactions/Related Party Transactions
189
Glossary
190
Notice of Annual General Meetings
193
CONTENTS
18
Properties
S$2.5
Portfolio
valuation of
billion
