ARA H-Trust poised to ride growing wave of ‘bleisure’ travellers

ARA US Hospitality Trust (ARA H-Trust), whose portfolio comprises about three dozen hotels across the United States, is one of five actively traded US-focused property trusts listed in Singapore.

Lee Jin Yong, chief executive officer of its managers, appears keen for the trust to be treated as separate from its US peers.

“It’s a bit frustrating because you’re doing everything right and improving performance, yet the market is not recognising that,” he said. “We’re seen as a US strategy, which we clearly are, but we’re distinct because we’re a different asset class than most of the other US strategies which are office-focused.”