ARA US Hospitality Trust
Listed on the Singapore Exchange on 9 May 2019, ARA US Hospitality Trust is a hospitality stapled group investing in real estate assets used primarily for hospitality purposes located in the United States.
See below for the Latest ARA US Hospitality Trust News, Analysis, Profit Results, Share Price Information, and Commentary.
ARA US Hospitality Trust hit by 4.4% YoY NPI drop on revenue shortfall
Its revenue slipped 2.4% YoY in H1 2024.
ARA US Hospitality Trust hit by 4.4% YoY NPI drop on revenue shortfall
Its revenue slipped 2.4% YoY in H1 2024.
Acrophyte buys 19% stake in ARA H-Trust
Acrophyte AM has acquired both ARA H-Trust’s REIT manager and trustee-manager.
ARA H-Trust sells managers to tycoon Gordon Tang
Tang's children also acquired 19.0% of the trust's stapled securities.
Net property income of ARA H-Trust rises 15.1% YoY to US$47.7m in FY23
The REIT attributed the increase to improved revenues and robust operational performance.
ARA US Hospitality Trust divests Hyatt Place Pittsburgh Airport for US$7.7m
The REIT expects to complete the divestment in 1Q24.
ARA H-REIT to refinance $370m loan facilities
The company and its subsidiaries underwent amendments in a facility agreement.
ARA US Hospitality Trust’s NPI rises 4.3% YoY to US$22m in 1H23
Given the higher NPI, the REIT proposed a 5.2% YoY higher distribution per stapled security.
ARA H-Trust sells hotel in Oklahoma for US$8m
The REIT sold the property to Bhanumati LLC.
ARA US acquires Hilton Colorado Springs South's Home2 Suites for $38.7m
The acquisition reflected the Managers' ongoing portfolio optimisation.
ARA US Hospitality Trust’s NPI soars 66% YoY to US$41.4m in FY22
The higher NPI pushed the REIT”s DPS to US$0.03054.
ARA US Hospitality Trust's net income falls to US$11.9m in Q3
Year-to-date, however, the trust's income increased.
ARA H-Trust’s net income soars 131% YoY to US$21.1m in H122
The increase was on the back of the trust’s higher revenue and gross operating profit.
ARA US Hospitality Trust divests 4-property hotel portfolio for US$32.5m
The trust cited three key benefits from the portfolio's sale.
ARA US Hospitality Trust to divest hotel asset in Chicago for $10.5m
It will be sold to IHP Hospitality.
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