About ARA US Hospitality Trust
ARA US Hospitality Trust (The Trust) is a Singapore-listed stapled security which comprises ARA US Hospitality Property Trust (ARA H-REIT) and ARA US Hospitality Management Trust (ARA H-BT). Listed on the Mainboard of the Singapore Exchange on 9 May 2019, the Trust is the first pure-play U.S. upscale select-service hospitality trust listed in Asia.
The Trust is established with the principal investment strategy of investing in a portfolio of income-producing real estate which is used primarily for hospitality and/or hospitality-related purposes, located in the U.S.
ARA US Hospitality Trust's initial portfolio consists of 38 Hyatt®-branded hotels with 4,950 guest rooms located throughout 21 states. The 38 hotels include 27 Hyatt Place and 11 Hyatt House.
Following the completion of the Acquisition on 17 January 2020, our portfolio consists of 41 upscale select-service hotels with 5,340 guest rooms located throughout 22 states. The 41 hotels include 38 Hyatt®-branded hotels and 3 Marriott®-branded hotels.
The Trust is externally managed by ARA Trust Management (USH) Pte. Ltd. (REIT Manager) and ARA Business Trust Management (USH) Pte. Ltd. (Trustee-Manager), collectively known as the Managers. The Managers are indirect wholly-owned subsidiaries of ARA Asset Management Limited (ARA), a premier global integrated real assets fund manager headquartered in Singapore. As at 30 June 2019(1), the gross assets managed by ARA Group and its associates is over S$83 billion across 23 countries.
Our objective is to increase shareholder value through delivering stable and growing distributions to stapled securityholders and achieving long-term growth in distribution and in the net asset value per stapled security while maintaining an appropriate capital structure.
- Includes assets under management by ARA Group and its associates and joint ventures as at 30 June 2019.