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 > Sudden Surge in Price?

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Comment by flamingogoldon Apr 19, 2024 7:21pm

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Post# 35999084

RE:Sudden Surge in Price?

To add to my earlier comment, the other possibility is a general broadening out fo the market. Tech and the Magnificent Seven or Fabulous Four have led this market the last year until now. Tech is now showing signs of weakening and it's very possible some large gains are coming out of that sector and looking for new opportunities into the wider market and some heavily beaten up equities.