VANCOUVER, May 16, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today a cash distribution of US$0.054 per limited partnership unit (“Unit”) for the period of May 1, 2018 to May 31, 2018, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution will… [Read More]
American Hotel Income Properties REIT LP Discloses Unit Purchases By Rob O’Neill (CEO)
VANCOUVER, May 11, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”, the “Company”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) discloses that Rob O’Neill, CEO, purchased 34,000 additional units today through open market purchases. Since January 1, 2018, Mr. O’Neill has acquired 43,322 additional units of AHIP, including 9,322 units provided as part of his… [Read More]
American Hotel Income Properties REIT LP Announces Election of Directors
VANCOUVER, May 9, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today that at its annual meeting of unitholders, held earlier today, all directors nominated as listed in the information circular dated April 5, 2018 were directed to be elected as directors of American Hotel Income Properties… [Read More]
American Hotel Income Properties REIT LP Reports First Quarter 2018 Results
Revenue grew 31.3%, EBITDA increased 20.8% from year-ago period RevPAR grew 5.5% from Q1 2017 due to the acquisition of higher quality hotels Higher occupancy-related expenses and planned renovation activity resulted in lower margins Increased seasonality from recent acquisition activity is affecting quarterly performance CEO, Rob O’Neill, making additional significant investment in the Company (All… [Read More]
American Hotel Income Properties REIT LP Announces Aimbridge Hospitality has Assumed Hotel Management Responsibilities
VANCOUVER, April 26, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U and HOT.DB.U) is pleased to announce that the previously announced transfer of hotel management responsibilities to Aimbridge Hospitality (“Aimbridge”) was completed on April 25, 2018. Aimbridge, a leading U.S.-based hotel management company, is now responsible for operating all 115… [Read More]
American Hotel Income Properties Reit LP to Host First Quarter 2018 Results Conference Call on May 10, 2018
VANCOUVER, April 25, 2018 /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, 2018 after market close on Wednesday, May 9, 2018. Interested parties are invited to participate in the Company’s… [Read More]
American Hotel Income Properties REIT LP Announces April 2018 U.S. Dollar Cash Distribution
VANCOUVER, April 16, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today a cash distribution of US$0.054 per limited partnership unit (“Unit”) for the period of April 1, 2018 to April 30, 2018, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution will be… [Read More]
American Hotel Income Properties REIT LP Announces Aimbridge Hospitality to Assume Hotel Management Responsibilities
VANCOUVER, April 2, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN, HOT.U and HOT.DB.U) is pleased to announce that Aimbridge Hospitality (“Aimbridge“), a leading U.S.-based hotel management company, has entered into a binding agreement with ONE Lodging Management (“ONE“) to assume the hotel management responsibilities for all of AHIP’s 115 hotels. Aimbridge’s… [Read More]
American Hotel Income Properties REIT LP Announces Expanded Asset Management Department
VANCOUVER, March 23, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN, HOT.U, and HOT.DB.U) is pleased to announce that it has expanded its in-house Asset Management department, which is responsible for overseeing and enhancing the performance of its hotel portfolio to drive stronger returns for AHIP’s unitholders. “Over the past two… [Read More]
American Hotel Income Properties REIT LP announces refinancing of certain Economy Lodging properties
VANCOUVER, March 21, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN, HOT.U and HOT.DB.U) is pleased to announce that it has consolidated the debt and business structure of its Economy Lodging hotel portfolio to provide it with improved operating and tax efficiencies. AHIP has refinanced its Railway Portfolio Term Loan of… [Read More]
American Hotel Income Properties REIT LP clarifies currency misinterpretation on analyst target pricing
AHIP is currently covered by nine analysts VANCOUVER, March 20, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN, HOT.U and HOT.DB.U) wishes to remind investors, data feeds and media that its units trade in both Canadian dollars (HOT.UN) and U.S. dollars (HOT.U) on the Toronto Stock Exchange. Five analysts choose to… [Read More]
American Hotel Income Properties REIT LP announces March 2018 U.S. dollar cash distribution
VANCOUVER, March 15, 2018 /CNW/ – American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today a cash distribution of US$0.054 per limited partnership unit (“Unit”) for the period of March 1, 2018 to March 31, 2018, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution will… [Read More]
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