25 Nov 2019 - Singapore Business Review
W Hotel, which CDLHT traded for, has a RevPAR of $318 per night. CDL Hospitality Trusts (CDLHT) and Ascott Residence Trust (Ascott Reit) can stand to gain from selling Novotel Clarke Quay and Somerset Liang Court, respectively, to the joint venture between City Developments (CDL) and CapitaLand that ...
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