Operational Statistics Presentation
Lodging
Section 3: FY 2020 Operational Highlights
Lodging Performance
Resilient business model ⚫Varied pace of recovery across markets
2H/FY 2020 Key Highlights
~96% of 495 properties operational as of
31 Dec 2020
000
Continued recovery in occupancy - from
~50% in 3Q 2020 to -55% in 4Q 2020
Sequential improvement in RevPAU - a
10% increase from S$55 in 3Q 2020 to
S$60 in 4Q 2020
Asset light operating platform maintained
positive cashflow for FY 2020
4th consecutive year of record growth -
signed over 14,200 units across 71
properties in 2020 despite COVID-19
Opened 25 new properties, adding over
3,900 units in 2020; includes 10 properties in
China with >1,800 units
>S$91 million in revenue generated in 2020
from alternative businesses such as the
'Work in Residence' and 'Space-as-a-
Service' initiatives
•
.
•
USA
0000
Represents ~2% of total
units in Lodging
portfolio¹
100% of 5 properties
operational
Occupancy: +3pp
QoQ
RevPAU: +8% QOQ
.
.
Represents ~5% of total units in
Lodging portfolio¹
000
~74% of 45 properties operational
Occupancy: +5 percentage
points (pp) QOQ
.
RevPAU: -5% QOQ
Represents ~5% of total units
in Lodging portfolio¹
100% of 15 properties
operational
Occupancy: +6pp QoQ
RevPAU: +16% QOQ
Long stays; pick-up in
domestic leisure travel in UAE,
Saudi Arabia and Turkey****
Represents ~3% of total units in
Lodging portfolio¹
100% of 13 properties operational
Europe
CapitaLand
Represents ~6% of total units in Lodging
portfolio¹
~91% of 33 properties operational
Occupancy: +15pp QoQ
RevPAU: +40% QoQ
Improvement in domestic leisure demand set
back by second wave in Japan
Greater China
North Asia
Represents ~27% of total
units in Lodging portfolio¹
100% of 70 properties
operational
Occupancy: +5pp QoQ
RevPAU: +9% QOQ
Localised outbreaks;
recovery expected to
continue once spread is
contained
Gulf Region & India
Singapore
.
Represents ~52% of total units in
Lodging portfolio¹
SE Asia & Australasia
-99% of 284 properties operational
•
RevPAU: +1% QoQ
Occupancy: +1pp QoQ
.
•
Government contracts,
RevPAU: Stable QoQ
staycations and bookings by those
•
Long stays in Vietnam, Indonesia
affected by border closure
and Philippines; government
contracts and event-related
bookings in Australia
Occupancy: +3pp QoQ
•
1.
Consists of operational and under development units as of 13 Jan 2021
Note: Occupancy and RevPAU statistics are on same store basis and include serviced residences leased and managed by the Group. Foreign currencies are
converted to SGD at average rates for the relevant period
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