ARA US Hospitality Trust: Delivers Stable Operational Performance With Sustained Revenue At US$36.2 Million.

06 May 2024 10:03

Revenue of US$36.2m, up 0.2% year-on-year. Gross Operating Profit of US$10.7m, up 2.1% year-on-year. Net Property Income of US$6.4m, up 1.1% year-on-year. Debt is 34% hedged to fixed interest rates, proactively mitigating rising interest rates. Weighted average debt maturity at 2.3 years...

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Source: ShareInvestor Express