American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures AHOTF

Primary Symbol: T.HOT.DB.V Alternate Symbol(s): 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 > Covid low of $1.12 taken out

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Comment by tylerreddickon Nov 08, 2023 9:45am

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Post# 35723375

RE:Covid low of $1.12 taken out

Interest rates were low back then and HOT wasn't facing refinancing at levels not even considered possible back then. Apples and oranges.
Everyone knew labor costs/availability and general inflation was a major problem. Pile on high interest rates, and the writing was on the wall.
Glad I got out a long time ago.

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