TSX:HOT.DB.V - Post by User
Comment by
pjn0987654321on May 14, 2018 3:22pm
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RE:Last quarter indicates
RE:Last quarter indicates"Just as important, our long-term fixed rate debt structure, with an average remaining term of approximately 7.6 years, will shield us well from current interest rate volatility, and our hotel manager's ability to change guestroom rates daily will mitigate any impact from inflation.""
https://ca.finance.yahoo.com/news/american-hotel-income-properties-reit-003000160.html "As at
March 31, 2018, AHIP's debt had an average remaining term of 7.1 years (Q1 2017 – 7.8 years) and a weighted average interest rate of 4.64% (Q1 2017 – 4.65%). Substantially all of AHIP's term loans have fixed interest rates."
https://www.stockhouse.com/news/press-releases/2018/05/09/american-hotel-income-properties-reit-lp-reports-first-quarter-2018-results Where are you getting "the fact most of debt is floating rate"?