ARA US Hospitality Trust - Annual Report 2021

CORPORATE PROFILE ARA US Hospitality Trust Listed on the Singapore Exchange on 9 May 2019, ARA US Hospitality Trust (“ ARA H-Trust ”) is a hospitality stapled group comprising ARA US Hospitality Proper ty Trust (“ ARA H-REIT ”) and ARA US Hospitality Management Trust (“ ARA H-BT ”). ARA H-Trust invests in income-producing real estate assets used primarily for hospitality and/or hospitality-related purposes located in the United States (“ U.S. ”) and its por tfolio currently comprises 41 upscale select-service hotels with a total of 5,340 rooms across 22 states in the U.S. 39 out of the 41 hotels have freehold land titles. ARA H-Trust is managed by ARA Trust Management (USH) Pte. Ltd. (“ REIT Manager ”) and ARA Business Trust Management (USH) Pte. Ltd. (“ Trustee-Manager ”) (collectively known as the “ Managers ”). The Managers are wholly-owned subsidiaries of ARA Asset Management Limited (“ ARA ” or the “ Group ”). ARA H-Trust has a market capitalization of US$283.7 million as at 31 December 2021. For more information, please visit . ESTABLISHED SPONSOR The Sponsor, ARA Real Estate Investors 23 Pte. Ltd., is an indirect wholly-owned subsidiary of ARA Asset Management Limited, part of the ESR Group (“ ESR ”). ESR is APAC’s largest real asset manager powered by the New Economy and the third largest listed real estate investment manager globally. With US$140 billion in gross assets under management (“ AUM ”), ESR’s fully integrated development and investment management platform extends across key APAC markets, including China, Japan, South Korea, Australia, Singapore, India, New Zealand and Southeast Asia, representing over 95% of GDP in APAC, and also includes presence in Europe and the U.S. ESR provides a diverse range of real asset investment solutions and New Economy real estate development opportunities across the private funds business, which allow capital partners and customers to capitalise on the most significant secular trends in APAC. With 14 listed REITs managed by ESR and its associates, ESR is the largest sponsor and manager of REITs in APAC with a total AUM of US$45 billion. Its purpose – Space and Investment Solutions for a Sustainable Future – drives ESR to manage sustainably and impactfully and it considers the environment and the communities in which it operates as key stakeholders of its business. For more information, please visit and On the Road to Recovery OUR MISSION To provide sustainable and stable returns to our Stapled Securityholders through attractive distributions and long-term capital appreciation.