American Hotel Income Properties REIT LP
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- John Christopher O'Neill
- Full Time Employees
- 10
- Sector
- Real Estate
- Industry
- REIT - Hotel & Motel
- Address
- 925 West Georgia Street Vancouver BC Canada V6C 3L2
- IPO Date
- Apr 12, 2013
- Website
- ahipreit.com
- Similar Companies
- Business
- American Hotel Income Properties REIT LP (AHIP), a limited partnership formed under the Limited Partnerships Act (Ontario) in 2012 and headquartered at Suite 810, 925 West Georgia Street, Vancouver, British Columbia, V6C 3L2, Canada, invests in hotel real estate properties across the United States. The company owns a portfolio of approximately 38 premium branded, select-service hotels located in secondary U.S. markets across 15 states, benefiting from diverse and stable demand generators such as railroad operations and other industries; these properties operate under license agreements with leading brands including Marriott, Hilton, IHG, and Choice Hotels, with third-party management provided by Aimbridge Hospitality. AHIP focuses on select-service segments including limited-service and extended-stay hotels, targeting stable occupancy from business travelers, railroad crews, and leisure guests in non-primary urban areas. AHIP trades on the Toronto Stock Exchange under the symbols HOT.UN (CDN$), HOT.U (US$), and HOT.DB.V (debentures), as well as AHOTF on OTC markets, with a fiscal year ending December 31 and reporting in U.S. dollars. The company's long-term objectives emphasize increasing hotel property values through operational excellence, active asset management, value-adding capital expenditures such as property improvement plans and FF&E upgrades budgeted at $14.4 million for 2025, portfolio expansion via accretive acquisitions, and enhancing unitholder value through distributions. Subsidiaries include entities such as AHIP Properties II LLC, Lodging Enterprises LLC, and Ahip Enterprises II LLC, supporting lodging services for the railroad industry and real estate development. In recent developments, AHIP actively reduces leverage and enhances portfolio quality through strategic dispositions and refinancings; the company sold 16 hotels in 2024 for $165.2 million and three more in Q1 2025 for $41.2 million at a blended 6.9% cap rate based on 2024 EBITDA, with nine additional properties under sales agreements projected to yield $49.7 million, eight closing in Q2 2025 and one in Q4 2025. Q1 2025 refinancings generated $144.3 million in proceeds, fully settling the senior credit facility including revolver and term loan components, while a March 2025 non-recourse debt refinancing of $85 million secured by 11 properties supported renovations and eliminated debt maturities until late 2026. On November 24, 2025, AHIP completed its normal course issuer bid, and Q3 2025 results showed 1.9% same-property RevPAR growth alongside same-property NOI of $13.7 million, reflecting ongoing operational resilience amid economic uncertainty.
American Hotel Income Properties REIT LP Announces Annual and Special Meeting of Unitholders
American Hotel Income Properties REIT LP Reports Q1 2026 Results
American Hotel Income Properties REIT LP to Host First Quarter 2026 Results Conference Call on May 15, 2026
American Hotel Income Properties REIT LP Announces Review Of Strategic Alternatives
American Hotel Income Properties REIT LP Common Units (HOT.UN:CA) Q4 2025 Earnings Call Prepared Remarks Transcript
American Hotel Income Properties REIT LP Reports Q4 2025 Results, Improved Balance Sheet and Demonstrated Hotel Value
American Hotel Income Properties REIT LP to Host Fourth Quarter 2025 Results Conference Call on March 31, 2026
American Hotel Income Properties REIT LP Announces Completion of Its Normal Course Issuer Bid
American Hotel Income Properties REIT LP Common Units (HOT.UN:CA) Q3 2025 Earnings Call Transcript
American Hotel Income Properties REIT LP to Host Third Quarter 2025 Results Conference Call on November 7, 2025
American Hotel Income Properties REIT LP Common Units (AHOTF) Q2 2025 Earnings Call Transcript
American Hotel Income Properties REIT LP Reports Q2 2025 Results with 2.9% RevPAR Growth and Provides Corporate Update
American Hotel Income Properties REIT LP to Host Second Quarter 2025 Results Conference Call on August 7, 2025
American Hotel Income Properties REIT LP Reports Voting Results of Annual and Special Meeting
American Hotel Income Properties REIT LP Provides Update On Voting And Notes Adjustment To Its Management Information Circular
American Hotel Income Properties REIT LP (AHOTF) Q1 2025 Earnings Call Transcript
American Hotel Income Properties REIT LP Reports Q1 2025 Results With 5.7% RevPAR Growth
American Hotel Income Properties REIT LP to Host First Quarter 2025 Results Conference Call on May 15, 2025
American Hotel Income Properties REIT LP Common Units (AHOTF) Q4 2024 Earnings Call Transcript
American Hotel Income Properties REIT LP Reports 2024 Results With 5.6% RevPAR Growth, Property Dispositions and Debt Reduction