AHIP 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 primarily in the railway employee accommodation, transportation, and contract-focused lodging sectors.
AHIP’s long-term objectives are to:
- generate stable and growing cash distributions from hotel properties substantially in the United States
- enhance the value of its assets and maximize the long-term value of the hotels properties through active management; and
- expand its asset base and increase its Adjusted Funds From Operations (“AFFO”) per Unit through an accretive acquisition program, participation in strategic development opportunities and improvements to the properties through targeted value-added capital expenditure programs.