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ARA US Hospitality Trust resilient, though Covid-19 cases accelerate in US: KGI

Broker's Calls

ARA US Hospitality Trust resilient, though Covid-19 cases accelerate in US: KGI

Jeffrey Tan Published on Tue, Jul 14, 2020 / 12:40 PM GMT+8

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SINGAPORE (July 14): Despite a recent spike in new novel coronavirus (Covid-19) cases in the US, ARA US Hospitality Trust has continued to be a favourite of KGI Securities.

The brokerage points out that ARA can keep margins up, thanks to its defensive portfolio.

This is due to the cost flexibility associated with the select-service and extended-stay sector.

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