Investor Presentaiton
2H 2022 Gross Profit Rose 80% Y-o-Y
Growth due to 81% y-o-y increase in portfolio RevPAU¹, boosted by contributions from new properties
2H 2022 gross profit rose to 95% of 2H 2019 pro forma levels²
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Revenue and gross profit rose 69% and 80% respectively in 2H 2022 due to stronger operating
performance of the existing portfolio and contributions from new properties
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120
100
80
60
Excluding the contributions from the new properties, on a same-store basis, gross profit was 67%
higher y-o-y
Growth income sources contributed 48% of 2H 2022 gross profit (1H 2022: 32%)
4Q 2022 RevPAU1 rose 78% y-o-y and 17% q-o-q to S$155, reaching pre-Covid 4Q 2019 pro forma
RevPAU² on continued improvement in occupancy (78% in 4Q 2022) and average daily rates (ADR)
All of CLAS' key markets registered q-o-q growth in RevPAU1
•
•
Japan, Australia and USA had the largest sequential improvement of 98%, 29% and 21% respectively
Australia, Singapore, UK and USA performed at pre-Covid RevPAU levels
40
20
Portfolio RevPAU¹
+78%
y-o-y
S$155
2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
2020 2020 2020 2021 2021 2021 2021 2022 2022 2022 2022
2H 2022
▲ 81%
y-o-y to S$143
FY 2022
▲ 74%
y-o-y to S$120
Notes:
1.
2.
Revenue per available unit of properties under management contracts and management contracts with minimum guaranteed income (MCMGI), excludes master leases, rental housing and student accommodation
The combination with Ascendas Hospitality Trust (A-HTRUST) was completed on 31 Dec 2019 and the 2019 pro forma figures include the performance of the A-HTRUST portfolio
CapitaLand Ascott Trust
Investor Presentation
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