Ascendas Hospitality Trust is an investment company, which engages in owning income-producing real estate used predominantly for hospitality purposes. It operates through Master Leases and Hotels Under Management segments. The Master Leases segment comprises the properties leased to tenants to operate as hotels for which the group earns rental income. The Hotels Under Management segment includes properties managed by third party operators, who are paid a management fee to run the hotel operations for the group. The company was founded on March 13, 2012 and is headquartered in Singapore.