CapitaLand Ascott Trust (CLAS) (SGX:HMN) reported Q4 and FY 2022 results on 30 Jan 2023, which were green across the board. CLAS reported 80% increase in 2H 2022 gross profit due to 81% growth in Revenue Per Available Unit (RevPAU) to pre-pandemic levels and quality acquisitions. Source: CLAS FY 2022 presentation slides DPS for 2H 2022 also rose 47% yoy to 3.33 cents, and FY 2022 DPS increased 31% yoy to 5.67 cents. CLAS is now yielding around 5.1% (HMN price of S$1.11 as of 31 Jan 2023). CLAS boasted QoQ growth in RevPAU across all its key markets, with portfolio RevPAU reaching pre-covid Q4 2019 pro forma RevPAU (including assets from Ascendas Hospitality Trust). Ascendas H-Trust combined with Ascott Residence Trust in 31 Dec 2019 to form what is now CLAS. CLAS expects the post-covid recovery to continue gathering steam in 2023. The World Tourism Organization...