The Business Times

ara h-trust

Companies & Markets

Acrophyte Hospitality Trust H1 DPS falls 42.2% to US$0.00432 amid portfolio contraction, softer lodging demand

Hyatt Place Oklahoma City Airport is in Acrophyte's portfolio. The trust currently operates 33 hotels in the US.
Companies & Markets

Acrophyte Hospitality Trust Q1 revenue falls 7.7% to US$33.5 million

The declines came as portfolio size was reduced due to the disposition of hotels and asset enhancement initiative projects in 2024, which resulted in a lower number of rooms available for sale, the manager said. 
Companies & Markets

Acrophyte Hospitality Trust’s H2 DPS falls 55.9% to US$0.00848

What can the new sponsor groups of these property trusts do to unlock value?
Podcasts

BT Mark to Market: ARA H-Trust, Cromwell E-Reit get new sponsors (Ep 44)

Cromwell E-Reit, like ARA H-Trust, owns faraway assets and is laden with debt
Opinion & Features
MARK TO MARKET

New sponsors of Ara H-Trust, Cromwell E-Reit unlikely to quickly lift their depressed valuations

Acrophyte Asset Management intends to acquire all 1.5 million shares in the capital of Ara Trust Management and all 50,000 shares in the capital of Ara Business Trust Management (USH).
Reits & Property

Property tycoon Gordon Tang and family to fully acquire ARA H-Trust’s managers, buy 19% stake in stapled group

ARA Hospitality US Trust has 38 properties comprising Hyatt Place and Hyatt House hotels.
Companies & Markets

ARA H-Trust to sell 2 Hyatt House hotels for US$31 million

Lee Jin Yong, CEO of the manager of ARA US Hospitality Trust, says: “Upon completion of the AEI projects, those hotels disrupted in Q1 2024 will be in a better position to drive revenues and profits moving forward."
Companies & Markets

ARA H-Trust Q1 net property income up marginally to US$6.4 million

Lee Jin Yong, CEO of the managers of ARA US Hospitality Trust, expects the trust to benefit from growth in revenue per available room in the coming year.
Companies & Markets

ARA H-Trust’s H2 DPS rises 18.6% to US$0.01929

The 127-room hotel commenced operations in 1998. It was last renovated in 2016 and is located in a neighbourhood with a mix of retail, commercial, industrial and hospitality properties.
Companies & Markets

ARA H-Trust to divest Pittsburgh Airport hotel at US$7.7 million valuation

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