Added to YB: 2026-09-14
Pitch date: 2026-08-27
XZL.SI [neutral]
Acrophyte Hospitality Trust
Author Info
Whiteout Capital is a software engineer and private investor publishing independent research focused on global microcaps. Sign up for the newsletter.
Company Info
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).
Market Cap
$118.9M
Pitch Price
N/A
Price Target
0.43
Dividend
1.82%
EV/EBITDA
12.49
P/E
-4.49
EV/Sales
2.67
Sector
Hotel and Resort REITs
Category
special_situation
Traverse #1 - Starting Singapore Exchange: #'s-C - Acrophyte Hospitality Trust
XZL.SI (quick overview): Acrophyte owns 30 upscale select-service U.S. hotels and trades at roughly 0.32-0.4x NAV while a strategic review considers a potential transaction; a sale at 0.75x NAV would still imply a double. However, interest exceeds net property income, distributions are suspended, and $100m of required renovations plus a $198.5m September 2026 maturity create material going-concern uncertainty and forced-sale risk.
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