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

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TSX:HOT.DB.V - Post Discussion

American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures > American border is opened for Canadian tourists today

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Post by ckwong on Nov 08, 2021 8:17am

American border is opened for Canadian tourists today

Not sure how this will affect the revenue of HOT.UN when American opens the border for Canadian. Usually traffic generate business. Hope HOT.UN can net some of traffic.

One thing comes to my mind that may improve the efficiency of HOT.UN's operation. HOT.UN implements a number of measure to reduce operation costs. Not sure how much of these could continue. From the report, the saving are significant but it involves reduction of service and closing down part of the hotels. Some make sense all time, some may not able to do all the time.

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