ARA US Hospitality Trust (ARA H-Trust)

REITs

ARA US Hospitality Trust agrees to sell Hyatt Place Pittsburgh Airport for US$7.7 mil

On a pro forma basis, if the sale had been completed on Jan 1, 2022, the trust’s DPS would have been down to 3.051 US cents.

Results

ARA US Hospitality Trust reports 9MFY2023 NPI of US$35.2 mil, 6.7% higher y-o-y

9MFY2023 revenue per available room (RevPAR) increased by 14.8% y-o-y to US$98.

REIT Watch

ARA US Hospitality Trust refinances US$270.8 mil loan facilities

In a separate statement, the REIT announced that it has completed the sale of Hyatt Place Oklahoma City Airport for US$8.0 million

Results

ARA US Hospitality Trust reports 1HFY2023 DPS of 1.501 US cents, 5.2% higher y-o-y

Unitholders will receive their distributions on Sept 27.
ARA US Hospitality Trust proposes to sell Hyatt Place Oklahoma City Airport for US$8.0 mil - THE EDGE SINGAPORE

REIT Watch

ARA US Hospitality Trust proposes to sell Hyatt Place Oklahoma City Airport for US$8.0 mil

The hotel is valued at US$8.6 million as at Dec 31, 2022.

Results

ARA US Hospitality Trust reports 1QFY2023 NPI of US$6.4 mil, 19% higher y-o-y

As at March 31, the REIT's NAV per stapled security fell by 3 cents q-o-q to 77 US cents.
ARA US Hospitality Trust's recovery is on track - THE EDGE SINGAPORE

SGX Research Series: 10 in 10

ARA US Hospitality Trust's recovery is on track

ARA US Hospitality has resumed regular distributions in FY2022.
ARA US Hospitality Trust reports 4.6 times surge in 2HFY2022 DPS of 1.627 US cents - THE EDGE SINGAPORE

Results

ARA US Hospitality Trust reports 4.6 times surge in 2HFY2022 DPS of 1.627 US cents

The year’s DPS, which amounts to a yield of 8% for the FY2022, is payable on March 30.

REITs

ARA US Hospitality Trust to acquire Home2 Suites by Hilton Colorado Springs South hotel for US$29.0 mil

The acquisition is expected to be accretive on a historical pro forma basis.
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