ARA U.S. Hospitality Trust Has Long-Term Growth Potential -- Market Talk

Dow Jones02-29

0808 GMT - ARA U.S. Hospitality Trust's portfolio optimization strategy may support the REIT's long-term growth, DBS Group Research analysts say, as they maintain the unit's buy rating. The REIT manages its portfolio via divestment of under-performing assets and redeployment of capital into acquisitions with strong underlying market fundamentals, they say in a research note. Its maiden purchase of three Marriott-branded hotels and a recent Hilton acquisition exceeded expectations in terms of recovery and set the stage for future acquisition targets, they add. However, DBS cuts its 2024 DPU forecast for the REIT by roughly 14.5% partly owing to higher debt-cost assumptions, and trims the target price to US$0.40 from US$0.45. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

February 29, 2024 03:08 ET (08:08 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2415595029?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-02-29 16:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2415595029","market":"sg","top_or_hot":-1,"title":"ARA U.S. Hospitality Trust Has Long-Term Growth Potential -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0808 GMT - ARA U.S. Hospitality Trust's portfolio optimization strategy may support the REIT's long-term growth, DBS Group Research analysts say, as they maintain the unit's buy rating. The REIT manages its portfolio via divestment of under-performing assets and redeployment of capital into acquisitions with strong underlying market fundamentals, they say in a research note. Its maiden purchase of three Marriott-branded hotels and a recent Hilton acquisition exceeded expectations in terms of recovery and set the stage for future acquisition targets, they add. However, DBS cuts its 2024 DPU forecast for the REIT by roughly 14.5% partly owing to higher debt-cost assumptions, and trims the target price to US$0.40 from US$0.45. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 29, 2024 03:08 ET (08:08 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ARA U.S. Hospitality Trust Has Long-Term Growth Potential -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nARA U.S. Hospitality Trust Has Long-Term Growth Potential -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-29 16:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0808 GMT - ARA U.S. Hospitality Trust's portfolio optimization strategy may support the REIT's long-term growth, DBS Group Research analysts say, as they maintain the unit's buy rating. The REIT ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0532188223.SGD","symbol_name":"JPMorgan Funds - ASEAN Equity A (acc) SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2415595029","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2415595029","pubTimestamp":1709194080,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0808 GMT - ARA U.S. Hospitality Trust's portfolio optimization strategy may support the REIT's long-term growth, DBS Group Research analysts say, as they maintain the unit's buy rating. The REIT manages its portfolio via divestment of under-performing assets and redeployment of capital into acquisitions with strong underlying market fundamentals, they say in a research note. Its maiden purchase of three Marriott-branded hotels and a recent Hilton acquisition exceeded expectations in terms of recovery and set the stage for future acquisition targets, they add. However, DBS cuts its 2024 DPU forecast for the REIT by roughly 14.5% partly owing to higher debt-cost assumptions, and trims the target price to US$0.40 from US$0.45. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","LU0831103253.SGD":"JPMorgan Funds - Asia Pacific Income A (mth) SGD","LU0029875118.USD":"TEMPLETON ASIAN GROWTH \"A\" INC","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","BK6512":"房地产股","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","ARA":"American Renal Associates Holdings, Inc.","BK6112":"综合性银行","LU0873338254.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (USD) INC","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","CFA.SI":"NikkoAM-STC Asia REIT","XZL.SI":"亚腾美国酒店信托","SG9999001127.SGD":"United Singapore Growth Fund SGD","D05.SI":"星展集团控股","LU0630378429.USD":"HSBC GIF ASIA PACIFIC EX JAPAN EQ HD \"AM2\" (USD) INC","LU0577902371.SGD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","SG9999002620.SGD":"LionGlobal South East Asia SGD","BK6089":"酒店及度假村房地产投资信托","LU0557290698.USD":"施罗德环球可持续增长基金","SG9999003800.SGD":"Nikko AM Global Dividend Equity Acc SGD-H","BK6516":"银行与投资服务概念","BK6523":"ESG概念","SG9999001903.USD":"Aberdeen Standard Pacific Equity USD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU0831093199.SGD":"HSBC GIF MANAGED SOLUTIONS ASIA FOCUSED INCOME \"AM3\" (SGDHDG) INC","LU0577902538.SGD":"Fullerton Lux Funds - Asia Growth and Income Equities A Acc SGD","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999013478.USD":"利安新加坡股息基金","LU0672654166.SGD":"FTIF - Templeton Asian Growth A (acc) SGD-H1","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","BK6129":"酒店及度假村房地产信托","LU0577902454.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (USD) ACC","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","LU0543330483.HKD":"TEMPLETON ASIAN GROWTH \"A\" (HKD) ACC","SG9999001846.SGD":"Schroder Asian Equity Yield A Dis SGD","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","LU0048573645.USD":"富达东盟基金","LU0128522157.USD":"TEMPLETON ASIAN GROWTH \"A\" ACC","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","LU1282649067.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AMG\" (USD) INC A","LU0210637038.USD":"HSBC GIF THAI EQUITY \"AD\" INC","LU0488056044.USD":"Allianz Asian Multi Income Plus Cl AM DIS USD","SG9999000459.SGD":"Aberdeen Standard Pacific Equity SGD","LU0084288322.USD":"Natixis Asia Equity RD USD","SG9999004220.SGD":"Nikko AM Shenton Asia Dividend Equity Fund  SGD","LU0384037296.USD":"ALLIANZ ASIAN MULTI INCOME PLUS \"AT\" (USD) ACC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD"},"translate_title":"ARA美国酒店信托具有长期增长潜力——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARA":1,"XZL.SI":0.9,"CFA.SI":0.9,"D05.SI":0.9},"content_text":"0808 GMT - ARA U.S. Hospitality Trust's portfolio optimization strategy may support the REIT's long-term growth, DBS Group Research analysts say, as they maintain the unit's buy rating. The REIT manages its portfolio via divestment of under-performing assets and redeployment of capital into acquisitions with strong underlying market fundamentals, they say in a research note. Its maiden purchase of three Marriott-branded hotels and a recent Hilton acquisition exceeded expectations in terms of recovery and set the stage for future acquisition targets, they add. However, DBS cuts its 2024 DPU forecast for the REIT by roughly 14.5% partly owing to higher debt-cost assumptions, and trims the target price to US$0.40 from US$0.45. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 29, 2024 03:08 ET (08:08 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2415595029"}