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ARA US Hospitality Trust (ARA H-Trust)
REITs
ARA US Hospitality Trust agrees to sell Hyatt House Shelton and Hyatt House Philadelphia Plymouth Meeting for US$31 mil
According to the managers, the proposed sale will be slightly dilutive to the trust’s DPS and NAV.
May 09, 2024
REITs
ARA US Hospitality Trust completes sale of Hyatt Place Pittsburgh Airport
Units in ARA US Hospitality Trust closed at 28.5 US cents on March 25.
March 26, 2024
Broker's Calls
ARA US Hospitality Trust weathered through tough times, poised for better days: DBS
The trust's revenue per available room is projected to surpass pre-pandemic levels in FY2024.
February 29, 2024
Results
ARA US Hospitality Trust reports FY2023 DPS of 3.43 US cents, 12.3% higher y-o-y
DPS for the 2HFY2023 rose by 18.6% y-o-y to 1.929 US cents.
February 22, 2024
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.
November 28, 2023
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.
November 10, 2023
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
September 27, 2023
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.
August 08, 2023
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.
July 01, 2023
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.
May 04, 2023