Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:HOT.DB.V - Post Discussion

View:
Post by Jimmy713 on Oct 27, 2021 1:01pm

U.S. hotel performance for September 2021

**Note: Hot was lower than the average during 2019

September 2021 (percentage change from September 2019):

  • Occupancy: 61.6% (-8.2%)
  • Average daily rate (ADR): US$133.11 (+1.0%)
  • Revenue per available room (RevPAR): US$82.04 (-7.3%)

Among the Top 25 Markets, Denver experienced the highest occupancy level (71.4%), which was still down 12.0% from the market’s 2019 benchmark.

None of the Top 25 Markets saw an occupancy increase over 2019.

Markets with the lowest occupancy for the month included Orlando (49.2%) and Minneapolis (50.5%).

Oahu Island reported the steepest decline in occupancy when compared with 2019 (-39.0 % to 51.8%).

Overall, the Top 25 Markets showed lower occupancy but higher ADR than all other markets.

 

Comment by SchoolNmoe42 on Nov 02, 2021 3:21pm
This post has been removed in accordance with Community Policy
Comment by nightCruise on Nov 02, 2021 9:23pm
Maybe, but as flamingogold stated poor recent Tripadvisor performance suggests less people may be looking for hotels though Tripadvisor also offers bookings for transportation, travel experiences, and restaurants as well. Which ones could snowbirds and other travellers be cutting back on next week?... “Despite TRIP’s recent progress of returning to positive EBITDA and monthly unique ...more  
Comment by navajojoe on Nov 03, 2021 9:30am
This post has been removed in accordance with Community Policy
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities