18:29:33 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



American Hotel Income Properties REIT LP
Symbol HOT
Shares Issued 58,616,803
Close 2017-02-17 C$ 10.59
Market Cap C$ 620,751,944
Recent Sedar Documents

American Hotel declares 5.4-U.S.-cent Feb. distribution

2017-02-18 00:40 ET - News Release

Mr. Andrew Greig reports

AMERICAN HOTEL INCOME PROPERTIES REIT LP ANNOUNCES FEBRUARY 2017 U.S. DOLLAR CASH DISTRIBUTION

American Hotel Income Properties REIT LP has declared a cash distribution of 5.4 U.S. cents per limited partnership unit for the period of Feb. 1, 2017, to Feb. 28, 2017, which is equivalent to 64.8 U.S. cents per unit on an annualized basis. The distribution will be paid on March 15, 2017, to unitholders of record at the close of business on Feb. 28, 2017.

The policy of American Hotel is to pay cash distributions on or about the 15th day of each month to the unitholders of record on the last business day of the preceding month.

About American Hotel Income Properties REIT LP

American Hotel is a limited partnership formed under the Limited Partnerships Act (Ontario) to invest in hotel real estate properties, located substantially in the United States and engaged in rail crew accommodation, transportation and select-service lodging sectors. American Hotel's long-term objectives are to: (i) generate stable and growing cash distributions from hotel properties substantially in the United States; (ii) enhance the value of its assets and maximize the long-term value of the hotel properties through active management; and (iii) expand its asset base and increase its adjusted funds from operations per unit through an accretive acquisition program, participation in strategic development opportunities and improvements to its properties through targeted value-added capital expenditure programs.

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