DBS Group Research is keeping its "buy" call on ARA US Hospitality Trust (ARAHT) with a higher target price of 79 US cents from 69 US cents previously. 

In a July 9 report, lead analyst Geraldine Wong says, "We believe that ARAHT is on the verge of an operational breakout. Recent sector-wide data shows a front-end loaded recovery unfolding as summer break works its magic this holiday season. ARAHT’s US hotel portfolio is the most favourably poised amongst the S-REITs to ride on this uptrend, with a turnaround in profits likely to be unveiled in the upcoming quarters."

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