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, parking revenues, and other incidental income.

TSX:HOT.DB.V - Post by User

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures

Bullboard Posts

Post by seasonedinvestor48on May 14, 2018 3:11pm

80 Views

Post# 28028251

Last quarter indicates

For the quarter, Diluted FFO per Unit decreased to $0.15 (Q1 2017 – $0.20) and Diluted AFFO per Unit decreased to $0.13 (Q1 2017 – $0.18).

Ouch, payout ratio at 110%, not sustainable. And of course the fact most of debt is floating rate, the distribution will certainly be cut again!

Bullboard Posts

BMO launches enhanced platform with tools for options trading