The managers of Acrophyte Hospitality Trust : XZL 0% are considering temporarily suspending or reducing distributions, equity fundraising or a portfolio recalibration through brand repositioning, among other options, as part of its ongoing strategy review for the hospitality stapled group.

This follows an announcement on May 30 when the managers said they were evaluating a range of options for the stapled group, including a potential transaction involving its stapled securities, in light of potential capital expenditure needs related to its portfolio’s asset enhancement requirements.