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    CDL Hospitality Trusts (J85.SI)

    1.41 Down 0.04(2.76%) Jun 24, 5:04AM EDT
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    CDL Hospitality Trusts
    390 Havelock Road
    No. 02-05 King's Centre
    Singapore, 169662
    Singapore - Map
    Phone: 65 6664 8888
    Fax: 65 6732 2868
    Website: http://www.cdlht.com

    Index Membership:N/A
    Industry:REIT - Hotel/Motel
    Full Time Employees:N/A

    Business Summary 

    CDL Hospitality Trusts, through its subsidiaries, operates as a hotel real estate investment trust (REIT). It invests in a portfolio of hospitality and hospitality related real estate assets. As of December 31, 2009, the company owned and operated 11 hotels comprising Orchard Hotel, Grand Copthorne Waterfront Hotel, M Hotel, Copthorne King’s Hotel, and Novotel Clarke Quay in Singapore; Rendezvous Hotel Auckland, a deluxe hotel located in Auckland, New Zealand; and Novotel Brisbane, Mercure Brisbane, Ibis Brisbane, Mercure Perth, and Ibis Perth located in Brisbane and Perth, Australia comprising a total of 3,942 hotel rooms. It also operated Orchard Hotel Shopping Arcade, the shopping arcade adjoining Orchard Hotel in Singapore. The company has elected to be taxed as a REIT. As a REIT, it would not be subject to corporate income tax on 90% of its net income that is distributed to shareholders. CDL Hospitality Trusts was founded in 2006 and is based in Singapore, Singapore.

    Key Statistics

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    Key Executives 
    Mr. Wee Eng Yeo , 47
    Chief Exec. Officer of M&C REIT Management Limited, Exec. Director of M&C REIT Management Limited, Member of Risk Management Committee and Chief Exec. Officer of M&C Bus. Trust Management Limited
    Ms. Annie Gan , 52
    Chief Financial Officer of M&C REIT Management Limited
    Ms. Mandy Koo ,
    VP of Investments & Investor Relations of M&C REIT Management Limited
    Ms. Marina Mah ,
    Compliance Officer of M&C REIT Management Limited
    Mr. David Ling ,
    Head of Strategic Devel. of M&C REIT Management Limited
    Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in SGD.