VANCOUVER, Sept. 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 September 1, 2019 to September 30, 2019, which is equivalent to US$0.648 per Unit on an annualized basis. The… [Read More]

VANCOUVER, Aug. 28, 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 US$1.5 million of renovations at the Residence Inn by Marriott Chattanooga near Hamilton Place (Tennessee). “We’re very pleased to have another hotel renovation now completed,… [Read More]

VANCOUVER, Aug. 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 August 1, 2019 to August 31, 2019, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution… [Read More]

Total Portfolio Average Daily Rate (“ADR”) grew 0.7% from comparable quarter Excluding hotels under renovation, Premium Branded hotels achieved 1.0% growth in RevPAR, 3.0% growth in revenue and 2.7% growth in Net Operating Income Q2 2019 FFO of $0.23 per diluted unit; Q2 2019 AFFO of $0.21 per diluted unit AHIP announced sale of its… [Read More]

VANCOUVER, Aug. 1, 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 completed approximately US$4.2 million of renovations at the Embassy Suites By Hilton Phoenix Tempe (Phoenix, AZ). “We are very pleased with this renovation project, as it was… [Read More]

AHIP has agreed to sell its Economy Lodging portfolio of 45 hotel properties for a total sale price of US$215.5 million The sale price represents an attractive selling capitalization rate of approximately 8.2%, based on trailing 12-months net operating income, after management fees and FF&E reserve Post sale of the Economy Lodging Portfolio, AHIP’s portfolio… [Read More]

VANCOUVER, July 18, 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 June 30, 2019 after market close on Thursday, August 8, 2019.  Interested parties are invited to participate in the Company’s… [Read More]

VANCOUVER, July 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 July 1, 2019 to July 31, 2019, which is equivalent to US$0.648 per Unit on an annualized basis. The… [Read More]

VANCOUVER, July 15, 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 US$5.0 million of renovations at three hotels: the Fairfield Inn & Suites by Marriott Jacksonville (Florida), the Homewood Suites by Hilton Allentown (Pennsylvania), and the Homewood… [Read More]

VANCOUVER, June 17, 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 June 1, 2019 to June 30, 2019, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution… [Read More]

VANCOUVER, April 22, 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 March 31, 2019 after market close on Wednesday, May 8, 2019.  Interested parties are invited to participate in the Company’s… [Read More]