Transformation of hotel portfolio during 2017 has diversified and improved quality of AFFO Fourth quarter revenue increased 85.6% from same quarter last year Fourth quarter FFO increased 48.3%; AFFO increased 44.1% from same quarter last year 2017 full year revenue increased 75.0% from 2016 2017 full year FFO increased 60.1%; AFFO increased 57.1% from 2016… [Read More]
American Hotel Income Properties REIT LP to Host Fourth Quarter and 2017 Full Year Results Conference Call on March 8, 2018
VANCOUVER, Feb. 21, 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 and year ended December 31, 2017 after market close on Wednesday, March 7, 2018. Interested parties are invited to participate in… [Read More]
American Hotel Income Properties REIT LP Provides Update on Impact of Hurricane Irma
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 12, 2017) – American Hotel Income Properties REIT LP (“AHIP“) (TSX:HOT.UN)(TSX:HOT.DB.U)(OTCQX:AHOTF) and hotel manager, ONE Lodging Management, Inc. (“ONE Lodging Management“) have completed a preliminary review of AHIP’s properties in Florida and Southern Georgia following the onset of Hurricane Irma and found the damage to be minimal. Of the 14… [Read More]
American Hotel Income Properties REIT LP Update on Hurricane Irma
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 8, 2017) – American Hotel Income Properties REIT LP (“AHIP“) (TSX:HOT.UN)(TSX:HOT.DB.U)(OTCQX:AHOTF) and hotel manager, ONE Lodging Management are taking all precautions to prepare for the onset of Hurricane Irma in Florida and Southern Georgia. All hotel teams have completed their emergency preparedness checklists and are prepared to operate through the… [Read More]
American Hotel Income Properties REIT LP to Acquire 18 Hotel Northeastern U.S. Portfolio for US$407.4 Million
American Hotel Income Properties REIT LP concurrently announces bought deal public offering of Cdn$190 million of Units and US$42.5 million of Convertible Debentures VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 31, 2017) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES American Hotel Income Properties REIT LP (“AHIP“) (TSX:HOT.UN)(OTCQX:AHOTF) announced today… [Read More]
American Hotel Income Properties REIT LP Announces Cdn$90.0 Million Bought Deal Equity Financing for Strategic Hotel Acquisitions
VANCOUVER, BRITISH COLUMBIA–(Marketwired – July 5, 2016) – NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. American Hotel Income Properties REIT LP (“AHIP“) (TSX:HOT.UN)(OTCQX:AHOTF) announced today that it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets (collectively, the “Underwriters“), to sell, on… [Read More]
American Hotel Income Properties REIT LP Announces February 2016 Cash Distribution
VANCOUVER, Feb. 16, 2016 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today a cash distribution of Cdn$0.075 per limited partnership unit (“Unit“) for the period of February 1, 2016 to February 29, 2016, which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be… [Read More]
American Hotel Income Properties REIT LP Announces Change to U.S. Dollar Denominated Cash Distributions and Timing of Release of 2015 Annual Financial Results and Conference Call
VANCOUVER, Jan. 22, 2016 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today that its Board of Directors has approved a change to U.S. dollar denominated cash distributions (based on the Bank of Canada’s closing U.S. dollar exchange rate as at January 22, 2016). The change will take effect for… [Read More]
American Hotel Income Properties REIT LP announces January 2016 cash distribution
VANCOUVER, Jan. 20, 2016 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today a cash distribution of Cdn$0.075 per limited partnership unit (“Unit“) for the period of January 1, 2016 to January 31, 2016, which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be… [Read More]
American Hotel Income Properties REIT LP Completes the Acquisition of a 133-Room Rail Crew Hotel Located in Lincoln, Nebraska
VANCOUVER, Jan. 8, 2016 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the completion of its previously announced acquisition of a 133-room rail crew hotel located in Lincoln, Nebraska (the “Lincoln Property“) for an aggregate purchase price of US$3.9 million, including approximately US$1.2 million of planned capital expenditures and… [Read More]
American Hotel Income Properties REIT LP announces appointment of two new board members
VANCOUVER, Jan. 4, 2016 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the appointment of Ms. Beth Walters and Mr. Richard Frank to its Board of Directors effective immediately. Ms. Beth WaltersMs. Walters has substantial experience in the hotel industry, currently as President of hospitality consulting company BWC and… [Read More]
American Hotel Income Properties REIT LP announces the acquisition of its 80th income property – a 133-room rail crew hotel located in Lincoln, Nebraska
VANCOUVER, Dec. 22, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the acquisition of its 80th income property â a 133-room hotel located in Lincoln, Nebraska (the “Lincoln Property“). The Lincoln Property features a rail crew lodging contract with a large national U.S. railway and is being… [Read More]
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