{
  "id": 17008084,
  "title": "CDL Hospitality Trusts Q3 net property income rises 7.1% to $36.7 million",
  "url": "https://urgent.news/2026/10/29/cdl-hospitality-trusts-q3-net-property-income-rises-7-1-to-36-7",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T04:20:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/cdl-hospitality-trusts-q3-net-property-income-rises-7-1-to-36-7-million"
  },
  "original_language": "en",
  "account": null,
  "summary": "CDL Hospitality Trusts (CDLHT) reported a 7.1% year-on-year increase in net property income (NPI) to $36.7 million for the third quarter ended September 30, driven by stronger contributions from its UK, New Zealand, Australian, and European properties. Revenue rose 4.1% to $72 million, with the UK portfolio recording the largest increase in NPI, rising $1.2 million year on year. NPI from Grand Millennium Auckland more than trebled to $1.3 million following refurbishment works, while Singapore's NPI fell 1.6% to $21.5 million due to the absence of F&B revenue from the 2025 World Aquatics Championships and renovation works at M Hotel. The group's NPI for the first nine months of 2026 rose 3.8% to $96.4 million, while revenue increased 2.4% to $198.9 million.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "RNZ Business",
        "title": "Government to receive $7 million full-year dividend from Public Trust",
        "url": "https://urgent.news/2026/10/28/government-to-receive-7-million-full-year-dividend-from-public-trust",
        "published": "2026-10-28T23:04:37.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Far East Hospitality Trust Q3 net property income up 6.3% at S$27.6 million",
        "url": "https://urgent.news/2026/10/29/far-east-hospitality-trust-q3-net-property-income-up-6-3-at-s-27-6",
        "published": "2026-10-29T00:43:38.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}