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

RE:RE:RE:RE:No withholding tax

[flamingogold]

As with all investments, the future is unknown. I believe CHR is better positioned going forward. I have held it for over 10 years, was out of the stock briefly when covid began, but re-entered at a lower average and more shares.

 

CHR has always been led by the nose by AC, especially when that shark, Calin Rovinescu, was CEO at AC. I like their divesting plan into aircraft leasing with their Falko purchase. Covid was the worst ever crises to hit the travel/leisure/hospitality sector. The airline sector is just starting to get its wings back. Global aircraft leasing will eventually pick up again and AC's threatening claws at CHR will matter less when the next capacity purchase agreement comes up for renewal in 2025. Regardless, AC will renew as usual because they simply cannot manage all the routes that CHR does on their own.

pjn0987654321 wrote:
Perhaps the payment had to be above a threshhold for the withholding to apply or maybe RBC was wrong to withhold, as I had filled out a W-8BEN-E.  I tried arguing with them to no avail.  They reckoned the withholding was lessened but not eliminated.  I've no idea what will happen going forward as I only just reentered and this will be my first payment. 

Agree HOT.UN is a good buy.  I have CHR debentures which I am moderately ahead on but not as much as if I had bought the shares.  I am trying to sell them as I am not all that convinced of CHR.  I believe it is not the same company as before, now that Brookfield is in.