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9 things I learned from the Ascendas Hospitality Trust 2017 AGM
By The Fifth Person  •  July 5, 2017

Ascendas Hospitality Trust (A-HTrust) owns a portfolio of 11 hotels in Singapore, Japan, China, and Australia. As at 31 March 2017, the portfolio was valued at S$1.6 billion.

I previously attended A-HTrust’s 2016 AGM to find out more about the trust and its outlook on the hospitality sector. Last year, the Trust reported a drop in gross revenue and net property income due to currency losses and headwinds in the industry. The management had also just announced its partnership with Chinese hotel operator Huazhu Hotels Group to operate the trust’s Beijing hotels.

I attended this year’s AGM to find out how the Trust has fared over the past year and whether its partnership with Huazhu Hotels Group has worked out as planned. I got my answers and learned much more.

Here are nine things I learned from Ascendas Hospitality Trust 2017 AGM:

1. Gross revenue grew 4.3% year-on-year ...

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By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
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