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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

Comment by apollojeticon Nov 16, 2021 1:20pm
165 Views
Post# 34132666

RE:RE:All the momentum has evaporated

RE:RE:All the momentum has evaporatedI think most of us here thought we were headed to $5.00 not $4.00.

So much for the big announcement. The new debentures, rising interest rates, and the dividend of 2 cents a month starting in March is sinking in and it appears it's not good enough for the risk involved with owning a hotel reit in an ongoing very unpredictable pandemic.

Management are probably looking at the share price and a low payout ratio as great vallue but the low forward yield at around 5% may keep many investors on the side lines.


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