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American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Alternate Symbol(s):  T.HOT.UN | AHOTF

American Hotel Income Properties REIT LP is a trust that invests in hotel real estate properties. The company's primary business is owning Premium Branded hotels, which have franchise agreements with international hotel brands including Marriott, Hilton, and IHG. It generates revenue from the room, food, beverage, and other revenue. The other revenue is comprised of conference room rentals, parking revenues, and other incidental income.


TSX:HOT.DB.V - Post by User

Post by EnergyStorage00on Dec 12, 2019 11:18am
292 Views
Post# 30447815

Happy that things are advancing

Happy that things are advancing

There have been so many doubts around this company. I bought in around $8 and then again at $7. I was nervous when it hit $5.90 one year ago. 

The yield was solid and still is. 

I bought more at $6.40 range and feel good about the sitution. 

1) transaction is completed 
2) renovations are more or less completed 
3) there doesnt appear to be much of a gap between the transactions which should impact cash flow and dividend 
4) insiders bought around $10 million off the open market in Q4 2018. That was good enough for me 
5) stock has recovered from the low $6 / share range 

Lock and loaded. 

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