VANCOUVER, BC, July 20, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”, “the Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) announces today that it intends to release its financial results for the quarter  ended June 30, 2020 before market open on Friday, August 7, 2020. Interested parties are invited to participate in the Company’s… [Read More]

VANCOUVER, BC, July 2, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP” or the “Company”) (TSX: HOT.UN)  (HOT.U) and (HOT.DB.U) announced today that for the month of June, occupancy across its portfolio of 79 Premium Branded hotels averaged 49.0%, an increase from an average of 32.8% in May and 21.7% in April.  Most recently, in… [Read More]

VANCOUVER, BC, June 17, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announces that at its annual and special meeting of unitholders, held earlier today, all directors nominated as listed in the information circular dated May 15, 2020 were directed to be elected as directors of American Hotel… [Read More]

Occupancy rates continue to improve, with nine consecutive weeks of growth and total portfolio occupancy of approximately 48% in the past week Given the current pace of occupancy growth, AHIP is approaching breakeven cashflow and currently anticipates generating positive cashflow by the end of Q3 2020 Successfully restructured payments on approximately 70% of its CMBS… [Read More]

VANCOUVER, May 28, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”, “the Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) announces today that it will host its 2020 Annual and Special Meeting of Unitholders (the “Meeting”) in a hybrid (teleconference and limited in-person) format on June 17, 2020 at 9:00 am (Pacific Time).  In… [Read More]

Q1 2020 diluted FFO per Unit of $0.06; Q1 2020 diluted AFFO per Unit of $0.05 Net operating income (NOI) during first two months of Q1 2020 grew 3.6% compared to the same period last year; Same-Property NOI grew 9.8% in first two months of Q1 2020 Significant impact of COVID-19 experienced in last half… [Read More]

VANCOUVER, April 20, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”, “the Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) announces today that it intends to release its financial results for the quarter ended March 31, 2020 after market close on Wednesday, May 13, 2020.  Interested parties are invited to participate in the Company’s… [Read More]

AHIP announces that it has undertaken significant steps to mitigate the operational and financial impacts of the COVID-19 pandemic 60 of AHIP’s 79 hotels are currently open for business, generating revenue and serving guests in compliance with government health guidelines Occupancy rates stabilizing at reduced levels, with extended stay properties remaining the best performing Hotel… [Read More]

All 79 hotels are currently open for business and are serving guests in compliance with government health guidelines Decline in occupancy rates in the past week as a result of social distancing mandates, travel restrictions and overall heightened awareness of COVID-19 Aggressive cost saving and cash management strategies have been implemented to preserve cash and… [Read More]

VANCOUVER, March 13, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”, “the Company”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today a cash distribution of US$0.038 per limited partnership unit (“Unit”) for the period of March 1, 2020 to March 31, 2020, which is equivalent to US$0.456 per Unit on an annualized basis. The… [Read More]

MANAGEMENT TAKES ACTION TO PRESERVE CAPITAL AND TO BETTER POSITION THE COMPANY TO ACHIEVE LONG-TERM FFO GROWTH OBJECTIVES INCLUDING CHANGING ITS MONTHLY DISTRIBUTION Q4 2019 revenue for Continuing Operations increased 5.4% compared to Q4 2018 Q4 2019 net operating income for Continuing Operations increased by 2.5% Same-property revenues for the fourth quarter increased 1.3% For… [Read More]

VANCOUVER, March 10, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”, “the Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) wishes to update interested parties that it now intends to release its financial results for the quarter and year ended December 31, 2019 before market open on Wednesday, March 11, 2020.  Interested parties are… [Read More]