ARA US Hospitality Trust agrees to sell Hyatt House Shelton and Hyatt House Philadelphia Plymouth Meeting for US$31 mil
The Edge • 5 days ago
XZL.SI : Singapore Exchange
0.275
-1.79%
Share Price in USD. As of 14:41:52 SGT
ARA US Hospitality Trust (XZL.SI) Share Price
Chart
Key stats
- 52-Week High$0.365
- 52-Week Low$0.230
- Market Cap$160M
- Avg Volume152K
- P/E Ratio (TTM)-
- Forward Dividend Yield10.91%
Earnings Highlights
1Q 2024 Results Summary
Revenue: SGD 36.20M
Increased 0% Year-on-Year
The United States ("U.S.") lodging market continued its recovery in 1Q 2024 as the U.S. economy remained resilient, despite persistent high interest rates and elevated inflation.
Net Property Income (NPI): SGD 6.40M
Increased 1% Year-on-Year
The decline in occupancy for the ARA H-Trust was exacerbated by asset enhancement improvement ("AEI") projects at four properties in 1Q 2024.
Portfolio Occupancy: 59.5%
Decreased 2% Year-on-Year
The decline in occupancy for the ARA H-Trust was exacerbated by asset enhancement improvement ("AEI") projects at four properties in 1Q 2024.
Outlook
We believe that the outlook for the U.S. hotel market remains positive and travel demand remains resilient. Barring any unforeseen circumstances, we are cautiously optimistic that our operating metrics will further strengthen, particularly with the AEI projects we have started.
Sources: ARA US Hospitality Trust Financial Report
Consensus Share Price Target
No consensus on recommendation available. View analysis to learn more about ARA US Hospitality Trust.
Share Price Performance
| XZL.SI | Market
| |
|---|---|---|
| 1 Day | 0.00% | -0.03% |
| 5 Day | -1.79% | -0.02% |
| 1 Month | -3.51% | 3.51% |
| 6 Month | -5.17% | 6.03% |
| YTD | -12.70% | 2.15% |
| 1 Year | -22.54% | -2.21% |
| 5 Year | -68.93% | -0.04% |
Include dividend return
Beansprout Insights
Latest News
Latest dividend
- Dividend yield (TTM)
- 12.47%
- Last payment
- $0.01929
- Last ex-Date
- 29/02/2024
By SGX as of 13 May 2024
See how much dividend you will receive in a year based on your investment amount
Compare REITs
Compare ARA US Hospitality Trust with another REIT
Company Description
ARA US Hospitality Trust offers investors the unique opportunity to invest in the upscale select-service hospitality sector across key growth regions of the United States. The high quality and geographically diversified initial portfolio of 38 upscale select-service hotels are located across 21 states in the U.S., with 362 out of the 38 properties in the Initial Portfolio with freehold land titles.
All the properties are franchised under the Hyatt Place and Hyatt House brands, which belong to Hyatt one of the largest global hotel brands; and managed by Aimbridge Hospitality, LLC (Aimbridge) the largest independent hotel management company in the U.S.