have held Ascott since the IPO days of Ascendas Hospitality Trust (which is quite a number of years 😂). While my personal preferance is in industrial instead of hospitality reits, due to their higher yield in general and a more familiar sector, I have tried to diversify somewhat to gain some other reits exposure. Then came the infamous Covid pandemic and global travel was devastated. 3+ years on and the hospitality sector is still on this painful recovery. Of course the rapid rise of USA interest rates was a double whammy to highly leverage reits/trusts. Still some green shoots of hope are starting to grow in its financials, with gross revenue, profit and DPS steadily increasing into a respectable 6.64% dividend yield for FY2023. From its latest 1Q 2024 business update, the good news seems to be continuing with possibly good 2Q results releasing on 26 July, together with 3.1c dividends estimated, forming 7% dividend yield 12months TTM. Source: Ascott annual report & business update...