Brief: Ara US Hospitality Trust Says Ara H-Trust Is Expected To Report Net Property Loss For 1H2020

Acrophyte Hospitality Trust

17/07/2020 11:40

July 17 (Reuters) - ARA US Hospitality Trust  ARAU.SI :
    * ARA H-TRUST IS EXPECTED TO REPORT NET PROPERTY LOSS AND NO
DISTRIBUTABLE INCOME FOR 1H 2020
    * ARA US HOSPITALITY TRUST SEES SIGNIFICANT DECLINE IN H1
GROSS
REVENUES
    * DECLINE IN HOTEL OCCUPANCIES AND TEMPORARY CLOSURES
RESULTED IN
SIGNIFICANT DECLINE IN HY GROSS REVENUES

Source text for Eikon:  ID:nSNZbKTHH 
Further company coverage:  ARAU.SI 

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