YTL Hospitality REIT Company Description
YTL Hospitality REIT has a market capitalisation of approximately RM1.81 billion (as at 30 May 2025) with a wide portfolio of prime hospitality assets across a range of unique locations worldwide.
In Malaysia, these include the JW Marriott Hotel Kuala Lumpur, The Majestic Hotel Kuala Lumpur, The Ritz-Carlton, Kuala Lumpur (Hotel and Suite wings), the Pangkor Laut, Tanjong Jara and Cameron Highlands resorts and the AC hotels in Kuala Lumpur, Penang and Kuantan.
New additions to the portfolio during the financial year under review comprise Hotel Stripes Kuala Lumpur (Autograph Collection) and a hotel in Ipoh formerly known as Syeun Hotel ("Ipoh Hotel"), which is currently vacant and under major renovation.
YTL Hospitality REIT's international portfolio comprises Hilton Niseko Village and The Green Leaf Niseko Village in Japan and the Sydney Harbour, Brisbane and Melbourne Marriott hotels in Australia.
The Trust is also undertaking the development of a hotel under the Moxy brand ("Moxy Niseko"), in Hokkaido, Japan.
YTL Hospitality REIT's principal objective is to provide unitholders with stable cash distributions through owning and investing in yield accretive real estate assets.
This provides potential for sustainable growth in its long term unit value, rewarding unitholders with noticeable returns.
YTL Hospitality REIT was established by a trust deed entered into on 18 November 2005 (as amended and restated) between Pintar Projek Sdn Bhd and Maybank Trustees Berhad, as manager and trustee, respectively, of YTL Hospitality REIT.
Country | Malaysia |
Founded | 2005 |
Industry | Real Estate Investment Trusts |
CEO | Seok Yeoh |
Contact Details
Address: 33rd Floor, Menara YTL Kuala Lumpur, 55100 Malaysia | |
Phone | 60 3 2038 0888 |
Website | ytlhospitalityreit.com |
Stock Details
Ticker Symbol | YTLREIT |
Exchange | Bursa Malaysia |
Fiscal Year | July - June |
Reporting Currency | MYR |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Seok Yeoh | Chief Executive Officer |
Say Keng Ho | Chief Financial Officer |