Company Overview

American Hotel Income Properties REIT LP (“AHIP”) owns 76 premium branded, select-service hotels in secondary U.S. markets. AHIP is traded on the Toronto Stock Exchange under the symbol: HOT.UN (CDN$), HOT.U (US$) and HOT.DB.V (Debentures).

See Why the U.S. Hotel Sector

AHIP is a limited partnership formed under the Limited Partnerships Act (Ontario) to invest in hotel real estate properties located in the United States and growing a portfolio of premium branded, select-service hotels in secondary markets with diverse and stable demand generators.

AHIP’s long-term objectives are to build on its proven track record of successful investment, deliver monthly U.S. dollar denominated distributions to unitholders and add value through asset management and growth of its diversified hotel portfolio.

 

Objectives

AHIP is focused on the following Strategic Objectives:

  • Optimize the portfolio performance
  1. Revenue Management initiatives driving occupancy and RevPAR penetration
  2. Focus on margin enhancement and cash flows
  3. Improve portfolio positioning through strategic capital deployment
  4. Develop and implement strategic plans for each hotel
  5. Focused Property Improvement Plans (PIPs) to maximize return on investment
  • Growth and Value Creation
  1. Maintain financial discipline and execute growth opportunities
  2. Fund growth transactions with effective mix of equity and debt
  3. Organic growth through optimization of portfolio performance
  4. Resiliency and stability of cash flow profile leads to expansion of valuation multiple
  5. Explore portfolio rationalization via sale of non-core assets
  • Improve Finance Position
  1. Maintain suitable liquidity position
  2. Manage overall capital structure to reduce cost of capital
  3. Manage debt and convertible debenture maturities
  4. Reduce corporate leverage over time
  5. Be financially positioned to pursue accretive opportunities
  6. Re-establish distribution at a sustainable level for the long term
  7. Increase mix of institutional unitholders over time