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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

Post by Commoncents01on Jan 21, 2021 1:43pm
183 Views
Post# 32346372

Dec / Jan occupancy

Dec / Jan occupancyAHIP has bested the US average hotel occupancy by 8-10% (average calculated by STR) since May 2020.

STR's average for 4 weeks ending in December: 36%
STR's average for 3 weeks ending in January: 39%

Again, occupancy is only one factor in hotel biz, but a decent indicator.

4th Q and full year results likely still 1.5 - 2 months away, typically in March.
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