American Hotel Income Properties REIT 6 00 Convertible Unsecured Subordinated Debentures T.HOT.DB.V

Distribution to be re-instated..a few quick points

[apollojetic]

• Revenues increased to $68.4 million compared to $63.6 million in Q2 2021
• Q3 ADR of $118.49 matched Q3 2019 levels, Occupancy of 68.8% & RevPAR of $81.50
• Q3 2021 diluted FFO per unit of $0.321; or $0.16 per unit excluding non-recurring items
• New distribution policy adopted; reinstating monthly distributions in March 2022 at an annual rate of USD$0.18 per unit
• Payment of deferred March 2020 distribution to be made on December 31, 2021
• Total liquidity as at September 30, 2021 was $43.6 million

[apollojetic]

Hopefully folks won't be disappointed with about a 2 cents a month CDN dividend starting in March 2022. Based on that we have about a 5% yield going forward. Looks like they want to keep that payout ratio at a very healthy level to protect from any more shocks to the economy and travel.

[ckwong]

Good job apollo. The management is very sensible. They beat my expectationby half a penny. I was thinking the board will do one penny per month as a token distribution but it is 50% more than I expected. I agree that caution is necessary. COVID is very tricky. It may comeback in many unexpected ways. Since this is an income trust, any surplus will be distributed in the future anyway.

[Konaboy]

Hoping for a nice bounce tomorrow, but I'm not going anywhere.  Thinking Florida and Texas oilpatch areas are going to be carrying the load and growing.  Would hope for doubling of this div inside of 2022, bringing us to over 10%, and still sitting at about 2/3 (?) of payout pre-covid.  Some of the longer bets are starting to come together!

[CashHungry]

I think the market will be fairly neutral. I don't see it closing much higher. It will initially jump at the open to around 4.9 and then fall back near today's closing price. All small caps behave this way after this type of report. There will always be a few overly optimistic buyers who will crowd in at the open mis thinking that the stock is going to run and drive the price up in the

[Investorguy123]

I was wrong many times to predict stock movement. Hot.un follow mostly Dow Jones US Hotel & Lodging REIT Index and affect by the analysts upgrade.   

[Jimmy713]

Based on results and Divy, we all agree that SP will open higher. But, I think SP could go even higher after the Call... HOT.UN is delivering their objectives - AHIP’s longterm objectives are to:   (i) increase the value of its hotel properties through operating excellence, active asset management and investing in valueadded capital expenditures (ii) expand its hotel

[navajojoe]

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