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American Hotel Income Properties REIT LP (HOT_u.TO)

HOT_u.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

American Hotel Income Properties REIT Q4 diluted FFO per unit $0.19
Tuesday, 7 Mar 2017 08:27pm EST 

American Hotel Income Properties REIT Lp : American Hotel Income Properties REIT lp reports fourth quarter and year end 2016 financial results . Total revenues for quarter increased by 11.5% to $44.3 million compared to $39.8 million . For current quarter, diluted ffo per unit was $0.19 .Qtrly adjusted funds from operations ("affo") was up 24.2% to $7.7 million.  Full Article

American Hotel Income Properties REIT LP says sell on a bought deal basis, 9.8 mln Limited Partnership units of AHIP at a price of CDN$10.20 per unit
Monday, 5 Dec 2016 04:32pm EST 

American Hotel Income Properties REIT LP : American Hotel Income Properties REIT LP announces cdn$100 million bought deal equity financing for strategic hotel acquisition . American Hotel Income Properties REIT LP says sell on a bought deal basis, 9.8 million Limited Partnership units of AHIP at a price of CDN$10.20 per unit .American Hotel Income Properties - Intends to use proceeds from offering to partially fund potential acquisition of 3 embassy suites by hilton branded hotels.  Full Article

American Hotel REIT announces renewal of 6 rail crew lodging contracts to 2022
Monday, 5 Dec 2016 06:00am EST 

American Hotel Income Properties Reit Lp : American Hotel Income Properties REIT LP announces renewal of six long-term rail crew lodging contracts to 2022 . American Hotel Income Properties REIT - Renewal of six rail crew lodging with its largest railway customer for a term of six years, effective Dec. 1, 2016 .American Hotel Income Properties - Contract renewal increases weighted average remaining term of rail crew lodging agreements by 18 percent from 3.9 years to 4.6 years.  Full Article

American Hotel Income Properties REIT buys rail crew hotel in Tennessee
Tuesday, 1 Nov 2016 06:00am EDT 

American Hotel Income Properties REIT LP: American Hotel Income Properties REIT LP announces the acquisition of a 104-room rail crew hotel in Nashville, Tennessee . American Hotel Income Properties REIT LP - purchase price of approximately $8.7 million .American Hotel Income Properties REIT LP - acquisition will be funded with cash from July 2016 bought deal offering.  Full Article

American Hotel Income Properties reduces its base hotel management fees to 3.0% from 3.5% of gross revenue for all 80 hotels in its portfolio
Tuesday, 11 Oct 2016 06:00am EDT 

American Hotel Income Properties Reit Lp : American Hotel Income Properties Reit Lp announces accretive changes to its Master Hotel Management agreement . American Hotel Income Properties -a reduction in its base hotel management fees from 3.5% to 3.0% of gross revenue for all 80 hotels in its portfolio . American Hotel Income Properties Reit Lp - exclusivity period for tower rock as ahip's hotel manager has also been extended for further five-year term .American Hotel Income Properties Reit Lp says reduction was negotiated by AHIP to increase cash flow and improve AFFO.  Full Article

American Hotel Income Properties Q2 diluted FFO per unit $0.30
Tuesday, 9 Aug 2016 10:50pm EDT 

American Hotel Income Properties Reit LP : Q2 diluted FFO per unit $0.30 . Q2 diluted AFFO per unit $0.27 . Q2 revenue view C$50.6 million -- Thomson Reuters I/B/E/S . American Hotel Income Properties Reit LP reports strong second quarter 2016 financial results . Total revenues for quarter increased by 30.5% to $44.5 million compared to $34.1 million for same quarter last year .Q2 FFO per share view c$0.34 -- Thomson Reuters I/B/E/S.  Full Article

American Hotel Income Properties to acquire two embassy suites by Hilton Hotels
Wednesday, 13 Jul 2016 06:00am EDT 

American Hotel Income Properties Reit Lp : American Hotel Income Properties REIT LP announces agreement to acquire two embassy suites by Hilton Hotels for US$57.6 million . To acquire previously announced 2 embassy suites by Hilton for aggregate purchase price of about $57.6 million . Purchase price of about $57.6 million, excluding about $5.7 million in brand mandated property improvement plans . Will fund purchase price, including pips, using combination of portion of proceeds from bought deal offering . Acquisition was approved by independent members of board of directors of Ahip's general partner . Funding includes issuance to vendors of about $17.4 million in new Ahip units .Funding includes existing $19 million Dallas mortgage, new $13.5 million CMBS loan on Tempe property.  Full Article

American Hotel Income Properties announces C$90 mln bought deal equity financing
Tuesday, 5 Jul 2016 03:21pm EDT 

American Hotel Income Properties Reit Lp : American Hotel Income Properties REIT LP announces CDN$90.0 million bought deal equity financing for strategic hotel acquisitions .Intends to use net proceeds to partially fund potential deal of two suites by Hilton branded hotels among others.  Full Article

American hotel income properties REIT Q1 FFO $0.21/unit
Thursday, 12 May 2016 08:07pm EDT 

American Hotel Income Properties Reit Lp : Says total revenues for quarter increased by +35.9% to $40.1 million compared to $29.5 million last year .Q1 diluted ffo per unit was up +16.7% to $0.21.  Full Article

American hotel income properties REIT Q1 FFO $0.21/unit
Thursday, 12 May 2016 06:46pm EDT 

American Hotel Income Properties Reit Lp : Says total revenues for quarter increased by +35.9% to $40.1 million compared to $29.5 million last year .Q1 diluted ffo per unit was up +16.7% to $0.21.  Full Article

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