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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 borne2runon Nov 08, 2023 7:01pm
248 Views
Post# 35724904

RE:RE:RE:Distribution gone

RE:RE:RE:Distribution goneAbsolutely right, Lashing.  AHIP was garbage before covid.  I once owned a few units and escaped unscathed, exiting in the 7s with a small gain.  I called out the company for the sh1t show it was (and continues to be).

The converible debenture (HOT.db.V) traded in the 70s today, providing a yield to maturity of 15% per annum. Eliminating the distribution benefits the debenture holders.

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