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ARA US Hospitality Trust reports DPS of 1.427 US cents for the 1HFY2022

Felicia Tan
Felicia Tan8/4/2022 08:40 AM GMT+08  • 3 min read
ARA US Hospitality Trust reports DPS of 1.427 US cents for the 1HFY2022
During the 1HFY2022, revenue increased by 53.8% y-o-y to US$81.3 million on the back of a higher portfolio average occupancy. Photo: ARA US Hospitality Trust
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The managers of ARA US Hospitality Trust have reported a distribution per stapled security (DPS) of 1.427 US cents (1.971 cents) for the 1HFY2022 ended June.

The half-year period’s DPS is a 302% growth from the trust’s DPS of 0.355 US cents in the 2HFY2021. There was no DPS distributed in the 1HFY2021.

During the 1HFY2022, revenue increased by 53.8% y-o-y to US$81.3 million as the portfolio’s average occupancy grew by 11.5 percentage points y-o-y to 62.7%.

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