Acrophyte Hospitality Trust
SSGX:XZL0.23
USD
+0.01
(+4.55%)
ISIN
SGXC80011726
Return %
Stock
S&P 500
1Y
-8.00
14.20
3Y
-4.17
81.12
5Y
-52.58
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
USD
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
USD
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in mil. unless spec.Company Description
- CEO
- James S. Jung
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 10 Anson Road, #23-15 Singapore CE Singapore 079903
- IPO Date
- May 9, 2019
- Website
- acrophytetrust.com
- Similar Companies
- Business
- Acrophyte Hospitality Trust (SGX: XZL), formerly known as ARA US Hospitality Trust, is a Singapore-listed hospitality stapled group comprising Acrophyte Hospitality Property Trust and Acrophyte Hospitality Management Trust that invests primarily in income-producing real estate used for upscale select-service hospitality purposes in the United States. The Trust owns and operates a diversified portfolio of 32 upscale select-service hotels with 4,188 guest rooms across 17 U.S. states, featuring brands such as Hyatt Place, Hyatt House, Hilton, and Marriott; the properties are managed by ARA US Hospitality Management, Inc. as asset manager, with day-to-day operations handled by third-party property managers including Aimbridge Hospitality, Avion, Concorde, and Chartwell. Listed on the Singapore Exchange in May 2019 and headquartered at 10 Anson Road #23-15, International Plaza in Singapore, the Trust targets stable distributions and net asset value growth for stapled securityholders through its geographically dispersed holdings in submarkets driven by diverse demand generators. In recent developments, Acrophyte Asset Management, a subsidiary of sponsor Tang Organization Pte. Ltd., acquired the REIT manager and trustee-manager in 2024, solidifying its sponsorship role; the Trust sold the underperforming Hyatt Place Detroit Auburn Hills in September 2025 for $6.65 million and the Hyatt Place Detroit Livonia for $13 million in December 2025 to optimize its portfolio. Additionally, the Trust is undertaking a strategic review of options including asset divestitures, equity or debt fundraising, potential mergers, privatization, or distribution suspensions to fund approximately S$100 million in required capital expenditures for brand-mandated renovations, maintenance, and equipment upgrades across 26 hotels from 2025 to 2027, following completion of enhancements on six hotels in 2024 and with seven more slated for 2025.