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American Hotel Income Properties REIT LP to Host Third Quarter 2025 Results Conference Call on November 7, 2025
Globenewswire· 2025-10-20 13:00
VANCOUVER, British Columbia, Oct. 20, 2025 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP (“AHIP”, “the Company”) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V) announces today that it intends to release its financial results for the quarter ended September 30, 2025 after market close on Thursday, November 6, 2025. Interested parties are invited to participate in the Company’s Q3 2025 results conference call, occurring on Friday, November 7, 2025, at 10:00 a.m. Pacific Time. During the call, Company ...
American Hotel Income Properties REIT LP to Host Second Quarter 2025 Results Conference Call on August 7, 2025
Globenewswire· 2025-07-22 23:00
Core Viewpoint - American Hotel Income Properties REIT LP (AHIP) is set to release its financial results for Q2 2025 on August 6, 2025, after market close, with a conference call scheduled for August 7, 2025, at 10:00 a.m. Pacific Time to discuss the results and answer analyst questions [1]. Company Overview - AHIP is a limited partnership focused on investing in hotel real estate properties across the United States, with a portfolio of 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, benefiting from diverse and stable demand [3].
American Hotel Income Properties REIT LP Reports Voting Results of Annual and Special Meeting
Globenewswire· 2025-06-26 22:00
Group 1 - American Hotel Income Properties REIT LP (AHIP) held its annual and special meeting of unitholders where all nominated directors were elected for the upcoming year [1] - The voting results showed significant support for the directors, with Charles van der Lee receiving 80.61% of votes in favor, while Matthew Cervino had 59.58% [2] - The renewal of the Amended and Restated Securities-Based Compensation Plan was approved with 93.36% of unitholders voting in favor [2] - Amendments to the Amended and Restated Limited Partnership Agreement received 95.29% approval from unitholders [3] - The reconfirmation of the Amended and Restated Unitholder Rights Plan Agreement was also supported by 95.21% of unitholders [3] Group 2 - AHIP is a limited partnership focused on investing in hotel real estate properties across the United States, with a portfolio of premium branded, select-service hotels [4] - The hotels in AHIP's portfolio operate under well-known brands affiliated with Marriott, Hilton, and IHG Hotels [4]
American Hotel Income Properties REIT LP Reports Q1 2025 Results With 5.7% RevPAR Growth
Globenewswire· 2025-05-14 23:30
Core Insights - American Hotel Income Properties REIT LP (AHIP) reported financial results for Q1 2025, highlighting significant progress in debt reduction and portfolio enhancement through asset sales and refinancing [1][3]. Financial Performance - For Q1 2025, AHIP's revenue was $48.6 million, down from $65.3 million in Q1 2024 [32]. - The company reported a loss of $22.4 million for Q1 2025, compared to a loss of $9.5 million in the same period last year [32]. - Diluted Funds From Operations (FFO) per unit was $(0.02) for Q1 2025, compared to $0.03 in Q1 2024 [20]. - Average Daily Rate (ADR) increased by 3.1% to $135, while occupancy rose by 150 basis points to 67.9% [36][17]. - Revenue per Available Room (RevPAR) increased by 5.7% to $92 [36][17]. Debt Management and Refinancing - AHIP completed the sale of three hotel properties for gross proceeds of $41.2 million, with a blended capitalization rate of 6.9% [6][27]. - The company refinanced loans totaling $144.3 million, fully repaying its senior credit facility [6][9]. - AHIP has no debt maturing until Q4 2026, providing time to navigate macroeconomic uncertainties [6][14]. Asset Dispositions - In 2024, AHIP disposed of 16 hotel properties for total gross proceeds of $165.2 million, improving portfolio quality [13]. - Nine additional hotel properties are under purchase and sales agreements, expected to generate $49.7 million in gross proceeds [29][27]. Operational Metrics - Same property Net Operating Income (NOI) was $12.4 million for Q1 2025, a decrease of 2.8% compared to $12.7 million in Q1 2024 [18]. - Same property NOI margin was 27.7%, down 120 basis points from 28.9% in the prior year [18][19]. - The company plans to bring approximately 20 additional hotels to market in 2025 to enhance liquidity and manage future obligations [16]. Capital Improvements - AHIP's 2025 capital plan includes $6.9 million for property improvement plans and $7.5 million for furniture, fixtures, and equipment improvements [31][30].
American Hotel Income Properties REIT LP to Host First Quarter 2025 Results Conference Call on May 15, 2025
Globenewswire· 2025-05-08 00:00
Core Viewpoint - American Hotel Income Properties REIT LP (AHIP) is set to release its financial results for Q1 2025 on May 14, 2025, after market close, with a conference call scheduled for May 15, 2025, at 10:00 a.m. Pacific Time to discuss the results and answer analyst questions [1]. Group 1 - AHIP will announce its financial results for the quarter ended March 31, 2025, on May 14, 2025 [1]. - A conference call for discussing the financial results will take place on May 15, 2025, at 10:00 a.m. Pacific Time [1]. - Participants can register online to join the conference call, with a request to register at least 15 minutes prior to the start [2]. Group 2 - AHIP is a limited partnership focused on investing in hotel real estate properties across the United States [3]. - The portfolio consists of premium branded, select-service hotels located in secondary metropolitan markets with stable demand [3]. - AHIP operates hotels under brands affiliated with Marriott, Hilton, and IHG Hotels through license agreements [3].