Bullboard - Stock Discussion Forum 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... see more

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TSX:HOT.DB.V - Post Discussion

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures > Mismanaged and misjudged

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Post by flamingogold on Nov 08, 2023 9:24am

Mismanaged and misjudged

A 40% payout ratio and yet they are forced to cut to zero. Not their wish but by the beaten up bankers who lend to them. Debt needs to come down, first by the distribution suspension and then through a few asset sales. If rates can ease and travel doesn't go over a cliff we could see the distribution come back within a year. Misjudged my confidence in management here.

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