American Hotel Income Properties REIT LP Announces Completion of Its Normal Course Issuer Bid

Core Viewpoint - American Hotel Income Properties REIT LP (AHIP) has completed its normal course issuer bid (NCIB) and automatic securities purchase plan (ASPP), purchasing approximately 10% of its public float [1][2]. Group 1: NCIB and ASPP Details - AHIP purchased a total of 7,521,189 units under the NCIB and ASPP at a weighted average price of Cdn$0.43 per unit [2]. - The total outstanding units of AHIP currently stand at 71,890,348 [2]. - AHIP plans to apply for the renewal of its NCIB and ASPP for an additional twelve months, from December 30, 2025, to December 29, 2026, pending approval from the Toronto Stock Exchange [2]. Group 2: Company Overview - AHIP is a limited partnership focused on investing in hotel real estate properties across the United States, primarily in premium branded, select-service hotels located in secondary metropolitan markets [3]. - The hotels operate under brands affiliated with Marriott, Hilton, and IHG Hotels through license agreements [3]. - The long-term objectives of AHIP include increasing the value of its hotel properties through operational excellence, active asset management, and capital expenditures, as well as enhancing unitholder value and distributions [3].