Submitted By:  Staff Reporter Case Study:  No The hotels are located in North Carolina and Texas. ARA US Hospitality Trust has acquired three Marriott-branded upsca...

<p>ARA US Hospitality Trust (ARA H-Trust) will acquire three Marriott-branded upscale select-service hotels in the United States for US$84.5 million.</p>

SINGAPORE (Nov 6): ARA US Hospitality Trust (ARA H-Trust) has declared a distribution per stapled security (DPS) of 1.77 US cents for 3Q19 ended Sept. This is 11.5% lower than the 2.01 US cents figure forecast in its IPO (initial public offering) prospectus. This comes after revenue per available r...

<p>ARA US Hospitality Trust (ARA H-Trust) will&nbsp;acquire three Marriott-branded upscale select-service hotels in the United States for US$84.5 million, it said in a Wednesday morning bourse filing.</p>

The transaction will be funded primarily with debt and by internal cash resources. The post SGX-listed ARA US Hospitality Trust to acquire US hotels for $84.5m appeared first on DealStreetAsia.

SINGAPORE (Oct 23): The Queen Mary Long Beach, a decommissioned ocean liner that has now been converted into a 347-room upscale hotel in California, is one of the key assets in the 18-property portfolio of Eagle US Hospitality Trust. But following a series of damning reports by an independent inspe...

KGI Securities has initiated coverage on two Singapore-listed US-focused property trusts - ARA US Hospitality Trust (ARA H-Trust) and Eagle Hospitality Trust (EHT) - with "outperform" recommendations on the back of resilience in the US hospitality sector and attractive valuations.

SINGAPORE (Sept 16): Australia-listed international property and infrastructure group Lendlease Global has lodged a prospectus to list Lendlease Global Commercial REIT on the Mainboard of the Singapore Exchange. The manager aims to raise a total of approximately $1 billion in gross proceeds from th...

LOWER property expenses and borrowing costs outweighed softer gross revenue at ARA US Hospitality Trust (ARA H-Trust).

SINGAPORE (July 20): The managers of ARA US Hospitality Trust (ARA H-Trust) have announced distribution of stapled security (DPS) of 1.36 US cents for the reporting period starting from its listing date on May 9 to end June, some 3.8% higher than the IPO forecast of 1.31 US cents. ARA H-Trust recor...