The U.S. hotel industry reported higher performance than the month prior.
Ascott and Ascenda may soon be the largest hospitality trust in APAC
Ascott Residence Trust (Ascott Reit) and Ascendas Hospitality Trust jointly announced a proposed combination, which will result in the combined entity becoming the largest hospitality trust in Asia Pacific, and the eighth largest globally, with an asset value of S$7.6 billion.
