Acrophyte Hospitality Trust

Acrophyte Hospitality Trust (formerly known as ARA US Hospitality Trust) (ACRO-HT) is a hospitality stapled group comprising Acrophyte Hospitality Property Trust (formerly known as ARA US Hospitality Property Trust) and Acrophyte Hospitality Management Trust (formerly known as ARA US Hospitality Management Trust). ACRO-HT invests in income-producing real estate assets used primarily for hospitality purposes located in the United States. As at the date of this announcement, ACRO-HT’s portfolio comprises 33 select-service hotels with a total of 4,315 rooms across 17 states in the United States. ACRO-HT is managed by Acrophyte Hospitality Trust Management Pte. Ltd. (formerly known as ARA Trust Management (USH) Pte. Ltd.) and Acrophyte Hospitality Business Trust Management Pte. Ltd. (formerly known as ARA Business Trust Management (USH) Pte. Ltd.), collectively known as the Managers. The Managers are wholly owned subsidiaries of Acrophyte Asset Management Pte Ltd (Acrophyte AM). Acrophyte Hospitality Trust was incorporated in September 24, 2018 and incorporated in Singapore.