VANCOUVER, July 17, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the appointment of Mr. Ian McAuley as Executive Vice President – Asset Management, effective September 1, 2015. Mr. McAuley was co-founder and President of Superior Lodging Corp. (“Superior“) and over the past 15 years developed and… [Read More]
American Hotel Income Properties REIT LP announces additional room commitments and 24-room expansion at the New Oak Tree Inn Glendive, Montana
VANCOUVER, July 2, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today increased room commitments at the recently acquired 50-room Oak Tree Inn hotel located in Glendive, Montana (the “Glendive Property“). The railway customer at the Glendive Property is taking their daily room commitment from 40 guestrooms to… [Read More]
American Hotel Income Properties REIT LP announces completion of US$3.3 million dollar Residence Inn Pittsburgh Cranberry Township renovation
VANCOUVER, June 26, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the grand re-opening of the 96-room Residence Inn Pittsburgh Cranberry Township, Pennsylvania (the “Property“) after successfully completing a US$3.3 million brand mandated property improvement plan (“PIP“). The hotel remained open and operational during the entire renovation,… [Read More]
American Hotel Income Properties REIT LP Completes Portfolio Acquisition of Nine Branded, Select-Service Hotels For US$53.5 Million
VANCOUVER, June 18, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the completion of its previously announced acquisition of a portfolio of nine branded, select-service hotel properties (the “Acquisition Properties“) for an aggregate purchase price of US$53.5 million excluding US$3.5 million for brand mandated property improvement plans… [Read More]
American Hotel Income Properties REIT LP Announces June 2015 Cash Distribution
VANCOUVER, June 17, 2015 /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 June 1, 2015 to June 30, 2015, which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be paid… [Read More]
American Hotel Income Properties REIT LP adds multiyear railway contract to one of its branded hotels at Oklahoma City Airport
VANCOUVER, June 16, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today that it has executed with one of its national railway customers a new two year railway lodging contract for 50 rooms per night at its Holiday Inn Oklahoma City Airport hotel. AHIP acquired the 147-room Holiday… [Read More]
American Hotel Income Properties REIT LP announces acquisition of three Marriott-branded, select-service hotels in Florida for US$30.8 million
VANCOUVER, June 15, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today that it has agreed to acquire through its subsidiaries a portfolio of three Marriott-branded, select-service hotels (the “Acquisition Properties“) located in Ocala, Florida for an aggregate purchase price of US$30.8 million, excluding closing and post-acquisition adjustments. … [Read More]
American Hotel Income Properties REIT LP Announces Election of Directors
VANCOUVER, June 9, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today that at its annual and special meeting of unitholders held on June 9, 2015 (the “Meeting“), all directors nominated as listed in the information circular dated May 8, 2015 were directed to be elected as directors of… [Read More]
American Hotel Income Properties REIT LP announces acquisition of a nine-hotel branded, select-service portfolio for US$53.5 million
VANCOUVER, June 1, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today that it has agreed to acquire through its subsidiaries a portfolio of nine branded, select-service hotel properties (the “Acquisition Properties“) located in Illinois, Iowa, Kansas, Missouri and Oklahoma for an aggregate purchase price of US$53.5 million,… [Read More]
American Hotel Income Properties REIT LP Announces May 2015 Cash Distribution
VANCOUVER, May 19, 2015 /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 May 1, 2015 to May 31, 2015, which is equivalent to Cdn$0.90 per Unit on an annualized basis. The distribution will be paid… [Read More]
American Hotel Income Properties REIT LP Announces First Quarter 2015 Financial Results
Diluted FFO per Unit increased by 12.5% and Diluted AFFO per Unit increased by 15.4% VANCOUVER, May 13, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today its financial results for the three months ended March 31, 2015. All amounts are expressed in U.S. Dollars unless otherwise noted…. [Read More]
American Hotel Income Properties REIT LP Announces Closing of Cdn$66.1 Million Bought Deal
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./ VANCOUVER, April 28, 2015 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“) (TSX: HOT.UN; OTCQX: AHOTF) announced today the closing of its previously announced public offering (the “Offering“) of 6,181,250 limited partnership units (each a “Unit“), on a bought deal basis,… [Read More]