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].

Core Insights - The company reported its financial results for the three and nine months ended September 30, 2025, highlighting significant progress in reducing debt and enhancing portfolio quality through asset sales and refinancings [1][3]. Financial Performance - For Q3 2025, the Average Daily Rate (ADR) was $141, a 0.7% increase from Q3 2024, while occupancy rose to 75.0%, up 70 basis points year-over-year [6][10]. - Revenue for Q3 2025 was $47.6 million, a decrease of 27.6% compared to $65.7 million in Q3 2024, primarily due to the sale of hotel properties [27][33]. - Net Operating Income (NOI) for Q3 2025 was $12.9 million, down 34.3% from $19.6 million in Q3 2024, attributed to the sale of properties and increased operating expenses [11][34]. Asset Dispositions - In 2025, the company completed the sale of thirteen hotel properties for total gross proceeds of $103.8 million, with an additional seven properties under contract for an estimated $77.0 million [3][24]. - The completed dispositions in 2025 had a combined capitalization rate of 7.7%, indicating value above the current trading levels of remaining assets [3][23]. Debt Management - The company has no debt maturing until Q4 2026, with a cash balance of $26 million at the end of Q3 2025, allowing for strategic planning regarding future obligations [3][8]. - Debt-to-gross book value was reported at 48.7%, a decrease from 50.0% at the end of 2024, while debt-to-EBITDA increased to 9.1x [19][30]. Future Outlook - The company is considering various alternatives to address future obligations related to preferred shares and convertible debentures, including further hotel sales and recapitalization strategies [3][9]. - The Board has determined that it is no longer in the best interests of the company for its U.S. subsidiary to maintain REIT status, providing more flexibility in managing financial obligations and pursuing asset sales [36][38].

Core Points - American Hotel Income Properties REIT LP (AHIP) will release its financial results for Q3 2025 on November 6, 2025, after market close [1] - A conference call to discuss the financial results will take place on November 7, 2025, at 10:00 a.m. Pacific Time [1] - Participants can register online for the conference call and will receive a dial-in and unique PIN [2] Company Overview - AHIP is a limited partnership focused on investing in hotel real estate properties across the United States [3] - The company's portfolio consists of premium branded, select-service hotels located in secondary metropolitan markets [3] - AHIP hotels operate under brands affiliated with Marriott, Hilton, and IHG Hotels through license agreements [3]

Core Insights - American Hotel Income Properties REIT LP (AHIP) reported its financial results for the second quarter and first half of 2025, highlighting significant progress in debt reduction and portfolio enhancement through asset sales and refinancings [1][3]. Financial Performance - For Q2 2025, diluted FFO per unit was $0.06, down from $0.12 in Q2 2024, while normalized diluted FFO per unit also decreased from $0.10 to $0.06 [6][13]. - Average Daily Rate (ADR) increased by 2.2% to $140, and occupancy rose by 30 basis points to 75.7% compared to Q2 2024 [10][32]. - Revenue for Q2 2025 was $51.1 million, a decrease of 28.5% from $71.5 million in Q2 2024, primarily due to the sale of hotel properties [27][32]. Asset Dispositions - In 2025, AHIP completed the sale of 11 hotel properties for total gross proceeds of $73.5 million, with an additional two properties under contract for estimated proceeds of $25.2 million [3][24]. - The dispositions completed in 2024 and 2025 had a combined capitalization rate of 7.3%, indicating value above current trading levels of remaining assets [3][21]. Debt Management - AHIP has no debt maturing until Q4 2026, with a stable cash position allowing for orderly management of future obligations [8][9]. - The company disposed of 16 hotel properties in 2024 for gross proceeds of $165.2 million, improving overall portfolio quality and significantly reducing leverage [5][19]. Operational Metrics - Same property NOI for Q2 2025 was $15.1 million, down 5.4% from $15.9 million in Q2 2024, with a same property NOI margin of 32.9%, a decrease of 150 basis points [11][12]. - RevPAR increased by 2.9% to $106 in Q2 2025 compared to $103 in Q2 2024, attributed to improved ADR and occupancy [10][32]. Future Outlook - Management anticipates continued interest in marketed properties, with approximately 20 hotels currently being marketed for sale [3][9]. - The company is considering various alternatives to address future obligations, including further hotel sales and recapitalization of Series C Shares and Debentures [9][39]. Corporate Governance - AHIP appointed MNP LLP as its new external auditor, replacing KPMG LLP, effective August 7, 2025 [35][36]. - The Board has determined that it is no longer in the best interests of AHIP for its U.S. subsidiary to maintain REIT status, allowing for greater flexibility in managing financial obligations [38][40].

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].

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]

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].