VANCOUVER, Feb. 14, 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$0.054 per limited partnership unit (“Unit”) for the period of February 1, 2020 to February 29, 2020, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution… [Read More]

VANCOUVER, Feb. 12, 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 and year ended December 31, 2019 after market close on Wednesday, March 11, 2020.  Interested parties are invited to participate in… [Read More]

VANCOUVER, Jan. 15, 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$0.054 per limited partnership unit (“Unit”) for the period of January 1, 2020 to January 31, 2020, which is equivalent to US$0.648 per Unit on an annualized basis. The… [Read More]

(All numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, Jan. 8, 2020 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “Company“) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce $5.3 million of renovations have recently been completed at two Florida hotels: approximately $2.7 million of renovations at the 111-guestroom Holiday Inn… [Read More]

VANCOUVER, Dec. 13, 2019 /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$0.054 per limited partnership unit (“Unit”) for the period of December 1, 2019 to December 31, 2019, which is equivalent to US$0.648 per Unit on an annualized basis. The… [Read More]

(All numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, Dec. 11, 2019 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “Company“) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce that it has recently completed approximately $4.5 million of renovations at the Embassy Suites by Hilton Cleveland Rockside (Independence, OH) and… [Read More]

(All numbers are in U.S. dollars unless otherwise indicated) VANCOUVER, Dec. 3, 2019 /CNW/ – American Hotel Income Properties REIT LP (“AHIP“, the “Company“) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce that it has closed the previously announced acquisition of 12 Premium Branded hotels (the “Acquisition“) for $191.0 million, effective today. In addition, AHIP… [Read More]

AHIP also confirms completion of the previously announced profitable sale of the Economy Lodging portfolio for gross proceeds of $215.5 million Acquisition of the 12 Premium Branded hotels at an approximate 8% capitalization rate The hotels, all built in the last five years, are being acquired below replacement cost Transaction follows completion of the sale… [Read More]

VANCOUVER, Nov. 15, 2019 /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$0.054 per limited partnership unit (“Unit”) for the period of November 1, 2019 to November 30, 2019, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution… [Read More]

Revenue for Premium Branded hotels grew 1.0% to $69.3 million, despite renovation activity Premium Branded hotels not under renovation achieved 2.5% growth in RevPAR, 4.4% growth in revenue and 5.1% growth in Net Operating Income Q3 2019 FFO of $0.20 per diluted unit; Q3 2019 AFFO of $0.18 per diluted unit Announces new contract terms… [Read More]

Company also provides update on the closing timeline for the previously announced sale of its Economy Lodging portfolio VANCOUVER, Oct. 28, 2019 /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 September 30,… [Read More]

VANCOUVER, Oct. 15, 2019 /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$0.054 per limited partnership unit (“Unit”) for the period of October 1, 2019 to October 31, 2019, which is equivalent to US$0.648 per Unit on an annualized basis. The… [Read More]