Acrophyte Hospitality Trust’s NPI falls 18.1% YoY in Q1 2025

The decline was attributed to property management transitions.

Acrophyte Hospitality Trust reported an 18.1% year-on-year (YoY) decline in net property income (NPI) for Q1 2025 to $6.8m (US$5.3m).

Gross operating profit and gross revenue also fell 12.8 YoY to $12m (US$9.3m) and 7.7% YoY to $43m (US$33.5m), respectively.

The company attributed the declines to seven properties that underwent property management transitions and weather abnormalities.

($1=US$0.77)

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