Basic Profile & Key Statistics ARA US Hospitality Trust (ARAHT) is a stapled group that comprises of ARA US Hospitality Property Trust (ARA H-REIT) and ARA US Hospitality Management Trust (ARA H-BT). ARAHT invests in 41 hotels across 22 states in U.S. It is trading in USD. Lease Profile All properties are master leased to ARA USH Chicago Tenant, LLC, a wholly-owned subsidiary of ARA H-BT. 1H 2020 REVPAU for that master lease is US$ 48 (approx. S$ 66.90). WALE is slightly long t 4.5 years where 100% of the lease expiry falls in the year 2024. Weighted average land lease expiry is long at 95.6 years as the majority of the properties are freehold. Debt Profile Gearing ratio is high at 42.5%. Cost of debt is high at 3.5% with unsecured debt low at 26.8%. Fixed-rate debt % is moderate at 83%. Interest cover ratio is low at 1.5 times. WADE is long at 3.6 years. The highest debt maturity is estimated at 71% which falls in the year 2024, as there is no information for the new debt which used for recent acquisition in January....