VANCOUVER, Sept. 18, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “Company“) (TSX: HOT.UN, HOT.U, and HOT.DB.U) is pleased to confirm that its hotels in North Carolina have remained open during Hurricane Florence and these properties have not sustained any meaningful damage as a result of the storm. AHIP has five hotels in the region, all located inland, that represent just 4% of the Company’s total hotel guestrooms. These properties were well prepared and continue to cater to guests â including those seeking accommodation as a result of the storm.
“Our thoughts are with those affected by Hurricane Florence, including our many hotel guests and employees in the region,” said Rob O’Neill, CEO, AHIP.
ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP
American Hotel Income Properties REIT LP (TSX: HOT.UN; HOT.U and HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 113 hotels, and is engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, IHG, Wyndham and Choice Hotels through license agreements. The company’s long-term objectives are to build on its proven track record of successful investment, deliver reliable and consistent U.S. dollar denominated distributions to unitholders, and generate value through the continued growth of its diversified hotel portfolio. More information is available at www.ahipreit.com.
SOURCE American Hotel Income Properties REIT LP
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