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Bullboard - Stock Discussion Forum American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

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

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... see more

TSX:HOT.DB.V - Post Discussion

Post by flamingogold on Jan 02, 2024 11:36am

CEO purchases

Total stock bought on the open market by the CEO in the last 2 months of the year totalled just over 200,000 shares or about $139,000. This is a positive sign considering that he and the board (whom have been purchasing as well) will be receiving compensation in the form of stock only going forward until they meet the requirements from the bank to resume distributions.
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