Back 07 May 2025

Acrophyte Hospitality Trust Q1 revenue falls 7.7% to US$33.5 million ​  

Summary: Acrophyte Hospitality Trust’s Q1 2025 revenue fell 7.7% to US$33.5 million due to a decrease in portfolio size and the absence of contributions from disposed hotels. Operating profit and net property income also decreased. Despite this, occupancy increased and the US lodging market is expected to stabilize with growing demand.

Link: https://www.businesstimes.com.sg/companies-markets/acrophyte-hospitality-trust-q1-revenue-falls-7-7-us33-5-million