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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

Comment by tylerreddickon Oct 24, 2023 10:27am
158 Views
Post# 35698103

RE:Business Travel Steadily Returning to Pre-Pandemic Levels

RE:Business Travel Steadily Returning to Pre-Pandemic LevelsBut, just saw yesterday that room rates are down YOY.
And HOT has all of that debt needing to be truned over at much higher rates, which will eat a whole lot of cash flow. That is why the share price id down, and why it will likely stay that way. 
Hopefully they won't cut the distribution, again.
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