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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 Jimmy713on Oct 27, 2021 1:01pm
267 Views
Post# 34055128

U.S. hotel performance for September 2021

U.S. hotel performance for September 2021

**Note: Hot was lower than the average during 2019

September 2021 (percentage change from September 2019):

  • Occupancy: 61.6% (-8.2%)
  • Average daily rate (ADR): US$133.11 (+1.0%)
  • Revenue per available room (RevPAR): US$82.04 (-7.3%)

Among the Top 25 Markets, Denver experienced the highest occupancy level (71.4%), which was still down 12.0% from the market’s 2019 benchmark.

None of the Top 25 Markets saw an occupancy increase over 2019.

Markets with the lowest occupancy for the month included Orlando (49.2%) and Minneapolis (50.5%).

Oahu Island reported the steepest decline in occupancy when compared with 2019 (-39.0 % to 51.8%).

Overall, the Top 25 Markets showed lower occupancy but higher ADR than all other markets.

 

 

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