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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 > AHIP future is idle speculation currently
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Comment by Jimmy713on Dec 21, 2020 3:01pm
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Post# 32154319

RE:RE:AHIP future is idle speculation currently

RE:RE:AHIP future is idle speculation currentlySorry for the typo I meant to say between July 1 - Sep 30th. 

Also, during the Q3 call, I remember they did mention that occupancy was good for Oct. 

Jimmy713 wrote: Right you are. However, all what we need to stay float is 50% occupancy. 

As of last week, I expected higher occupancy than 50% for the coming 2 quarters until this weekend with covid updated news. Still, it could be easily achievable.

Q3 occupancy was more than 57% ... Giving the circumstances between Jun 1 - Sep 30, this was great, especially if I compared with competitors and the traveling sector in general.



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