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Good QR!! YTL Hospitality REIT delivered strong results, with revenue up 6% to RM140.5M & net property income rising 12% to RM77M. Income available for distribution increased 11% to RM29.5M.
The REIT's performance to robust hotel room demand supported by a busy calendar of entertainment & sporting events, despite a weaker Australian dollar.
Property rental income also improved following the commencement of the AC Hotel Ipoh lease in April 2025.
