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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 > when do bank covenants allow distributions again?
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Comment by ckwongon Dec 30, 2021 11:35am
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Post# 34270978

RE:when do bank covenants allow distributions again?

RE:when do bank covenants allow distributions again?HOT.UN's covenants for distribution ended December 2021. Therefore, we start to get distribution next year. However, if the revenue drops, the lender may impose no distribution again.

You can get the information from the quaterly conference call. You may want to attend next one.
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