Net property income (NPI) increased by 6.7% y-o-y to US$35.2 million while NPI margin was up by 0.8 percentage points y-o-y to 26.2%.
ARA US Hospitality Trust has reported total revenue of US$134.6 million ($183.1 million) for the 9MFY2023 ended Sept 30, 3.6% higher y-o-y.
Gross operating profit (GOP) rose by 8.6% y-o-y to US$48.7 million while GOP margin increased by 1.7 percentage points y-o-y to 36.2%.
