The Management Team

Lee Jin Yong

Mr Lee Jin Yong is the Chief Executive Officer of the Managers and is based in the U.S.

Mr Lee has full executive responsibilities over the business directions and operational decisions in the day-to-day management of the Managers. Mr Lee has over 30 years of relevant hotel management and investment experience, personally closing on US$3.5 billion in acquisitions.

Mr Lee received a Bachelor of Science in Hotel Administration from Cornell University, New York, U.S. and a Masters of Business Administration from the University of California, Irvine, U.S.

James S. Jung

Mr James S. Jung is the Director, Investments of the Managers and is based in the U.S.

Mr Jung will work with the Chief Executive Officer to identify and evaluate potential acquisitions and related investments or divestments with a view to enhance the Trust's portfolio. Mr Jung has over a decade of experience in the full lifecycle of hospitality acquisition, asset management and disposition. Prior to joining the Managers, Mr Jung has reviewed over US$10 billion in asset valuation and was personally involved in closing a US$2 billion acquisition/divestment in partnership with institutional U.S. capital.

Mr Jung holds a Masters of Management in Hospitality (concentration in Real Estate Finance) from Cornell University, New York, U.S. and a Bachelor of Science/Masters of Business Administration from the University at Albany, State University of New York, U.S.

Lisa Swain

Ms Lisa Swain, who is based in the U.S. and employed by the ARA Hotel Manager, has over 25 years of experience and operational expertise in revenue management, sales and e-commerce. Prior to joining the ARA Hotel Manager, Ms Swain was Vice President of Asset Management at Clarion Partners, and oversaw a portfolio of 26 select-service and 6 full-service hotels. Ms Swain also has additional experience in hotel real estate investment consulting and property-level hotel management.

Ms Swain holds a Bachelor in Business Administration (Hotel, Restaurant and Tourism Administration) from the University of South Carolina.

Ryan Ikemeier

Mr. Ryan Ikemeier is the Assistant Director, Asset Management and is based in the U.S..

Mr. Ikemeier has over 25 years of hospitality industry experience with expertise in hotel operations, revenue management, and sales. Prior to joining the ARA Hotel Manager, he was the Vice President of Operations at Aimbridge Hospitality, the largest third-party hotel management firm in the U.S.. In his role, Mr Ikemeier had direct oversight and accountability for a portfolio of 80+ hotels and 15+ ownership groups.

Mr. Ikemeier holds a Bachelor of Arts (Hospitality, Meeting and Travel Administration) from the Metropolitan State College of Denver in Colorado, U.S..

Lim Kai Lun

Mr. Lim Kai Lun is the Head of Finance of the Managers and is based in Singapore.

Mr. Lim is responsible for all finance matters of ARA H-Trust. He has more than 15 years of experience in the accounting, finance and audit industry. Prior to joining the Managers, he held various finance and managerial positions in public listed companies, including Singapore Post Limited, ARA Asset Management Limited and SIA Engineering Company Limited. Mr. Lim had previously worked on the initial public offering of a public listed REIT and other corporate projects, including acquisitions of public listed equities and debt financing.

Mr. Lim graduated from Nanyang Technological University of Singapore with a Bachelor of Accountancy and is a Chartered Accountant with the Institute of Singapore Chartered Accountants.

Serene Lui

Ms. Serene Lui is the Assistant Finance Director of the Managers and is based in Singapore.

Ms. Lui assists the Head of Finance with the finance function of ARA H-Trust. She has more than 23 years of experience in the accounting, finance and audit industry. Prior to joining the Managers, she held various finance and managerial positions within ARA Asset Management Limited ("ARA), including positions in ARA Managers (APF) Pte Ltd, ARA Trust Management (Suntec) Limited, and ARA Management Pte Ltd. Prior to joining ARA, Ms. Lui was an Audit Manager at PricewaterhouseCoopers.

Ms. Lui graduated from University of Western Australia, Perth, and is a Certified Public Accountant.

Cheryl Chor

Ms. Cheryl Chor is the Senior Accountant of the Managers and is based in Singapore.

Ms. Chor assists the Head of Finance with the finance function of ARA H-Trust and she has more than 15 years of experience in the accounting and finance industry. Prior to joining the Managers, she held various finance positions in real estate related and public listed companies, including Mapletree Investments Pte Ltd, Venture Corporation Limited and Singapore Press Holdings Limited.

Ms. Chor graduated from Ngee Ann Polytechnic with a Diploma in Accountancy.