You are here

ARA H-Trust to buy three US hotels for US$84.5m

This comes after the hospitality trust posts Q3 performance that misses IPO forecast

Singapore

ARA US Hospitality Trust (ARA H-Trust) will acquire three Marriott-branded upscale select-service hotels in the United States for US$84.5 million.

They are AC by Marriott Raleigh North Hills in North Carolina, and Courtyard San Antonio at The Rim and Residence Inn San...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes