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

Earnings news

[divime1]

https://www.newswire.ca/news-releases/american-hotel-income-properties-reit-lp-reports-second-quarter-2021-results-817794504.html

[divime1]

DISTRIBUTIONS In January 2021, AHIP completed amendments under its revolving credit facility that included a restriction on payment of distributions to unitholders during the covenant waiver period, which extends until the end of 2021. AHIP's Board of Directors, in consultation with management, will continue to regularly assess the timing of the re-introduction of AHIP's

[apollojetic]

Overall the numbers are quite good. A very well run reit that will come out of this pandemic much stronger. Management have done an admirable job in very stressed economic conditions. Not an easy job to run a hotel reit in this enviroment.. I would say January of 2022 will see the first reinstated distribution if they can sustain this momentum. Well done!!

[Zoolanders21]

I agree very good release and points to even better numbers in July. Any guess on how much of a lift we will see tomorrow? Just the hint of reinstating distributions has got to boost the SP. GLTA

[Capharnaum]

Great earnings report. I like the addition of the former CFO from Northview Apartment REIT. Based on the latest quarter results, I think a 4 cents per month dividend would be a good first step next year.