Listed in July 2012, Ascendas Hospitality Trust (A-HTrust) owns a portfolio of hospitality properties located across Asia-Pacific. As at 31 March 2018, A-HTrust’s portfolio was valued at S$1.6 billion.

In this article, I’ll provide an overview of A-HTrust’s latest financial results, updates on its property portfolio, and look at a few valuation metrics to evaluate its investment potential at its current price. Here are 13 things to know about Ascendas Hospitality Trust before you invest.

Portfolio reshuffling

1. As at March 2017, A-HTrust owned 11 hotels — six in Australia, two in China, two in Japan, and one in Singapore. The hotels in Australia and China are leased under management contracts where A-HTrust earns a variable income from their performance. For its hotels in Japan and Singapore, A-HTrust receives a stable income from master leases where rental rates are fixed. In FY2017, A-HTrust made 57% of its net property ...