Redcape Hotel Group provided distributable earnings guidance for the Year 2021. For the period, the company announced that business has continued to trade positively into the second half. The Group is forecast to deliver distributable earnings of 9.70 cps for FY21. Quarterly Distributions for 2H21 are expected to be consistent with 1H21 of 1.83 cps, reflecting a payout ratio of 75%. Redcape remains committed to delivering sustainable distributions through growing earnings and execution of its growth strategy. With the four recent acquisitions completing during 2H21, management is focused on onboarding these venues to the Redcape platform and increasing market share.