Ascendas Hospitality Trust Announces Retirement of Tan Chong Huat as Independent Director

Ascendas Hospitality Trust (A-HTRUST) is a stapled company, which includes Ascendas Hospitality Real Estate Investment Trust (A-HREIT) and Ascendas Hospitality Business Trust (A-HBT). The Company focuses on investing, directly or indirectly, in a diversified portfolio of income-producing real estate used predominantly for hospitality purposes globally, as well as real estate-related assets in connection with the foregoing. A-HTRUST's diversified portfolio of 14 hotels is spread across seven cities in the Asia Pacific region - Sydney, Melbourne, Brisbane, Seoul, Tokyo, Osaka and Singapore. With more than 4,000 rooms in total, these hotels cater to different segments from economy to upscale.