Auditor flags going concern doubt at Acrophyte Hospitality Trust over loan repayment

Ernst & Young LLP, the independent auditor of Singapore-listed Acrophyte Hospitality Trust (ACRO-HT), has raised a material uncertainty over the hospitality stapled group's ability to continue as a going concern, citing concerns over the refinancing of a secured term loan of USD198,500,000 due for repayment in September 2026.

In its independent auditor's report contained in ACRO-HT's audited financial statements for the financial year ended 31 December 2025, Ernst & Young included an emphasis of matter warning that significant doubt exists over whether the trust and its constituent entities can sustain operations should the refinancing of the loan fail to be secured.