Acrophyte Hospitality Trust names James Sung Jung as CEO

SGX Filings

Jul 13

Acrophyte Hospitality Trust announced on Jul, 13 2026 that its Director of Investments, James Sung Jung, will become Chief Executive Officer of the managers of the stapled group with effect from Jul, 16 2026.

The outgoing CEO, Lee Jin Yong, will remain with the managers until Jul, 31 2026 to support a smooth transition.

Jung has overseen the trust’s investment activities since its 2019 listing and brings more than 20 years of experience in hospitality acquisitions, dispositions and asset management. Prior to joining Acrophyte Hospitality Trust, he spent over a decade at HEI Hotels and Resorts, completing about US$2 billion of transactions.

Listed on the Singapore Exchange on May, 9 2019, Acrophyte Hospitality Trust holds 31 upscale select-service hotels totaling 4,061 rooms across 16 U.S. states. It is managed by Acrophyte Hospitality Trust Management Pte. Ltd. and Acrophyte Hospitality Business Trust Management Pte. Ltd., both wholly owned by Acrophyte Asset Management Pte. Ltd.

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Prior to joining Acrophyte Hospitality Trust, he spent over a decade at HEI Hotels and Resorts, completing about US$2 billion of transactions.</p>\n<p>Listed on the Singapore Exchange on May, 9 2019, Acrophyte Hospitality Trust holds 31 upscale select-service hotels totaling 4,061 rooms across 16 U.S. states. It is managed by Acrophyte Hospitality Trust Management Pte. Ltd. and Acrophyte Hospitality Business Trust Management Pte. Ltd., both wholly owned by Acrophyte Asset Management Pte. 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