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AMERICAN HOTEL INCOME PROPERTIES REIT LP ANNOUNCES CLOSING OF CDN$40.3 MILLION BOUGHT DEAL

October 31, 2013

Vancouver, BC (October 31, 2013)

American Hotel Income Properties REIT LP (“AHIP”) (Toronto Stock Exchange: HOT.UN; OTCQX: AHOTF) today announced the closing of its previously announced bought deal public offering (the “Offering”) of subscription receipts (“Subscription Receipts”).

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