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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

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Post by flamingogold on Aug 05, 2022 7:38pm

Where most of today's US jobs came from...

The stock lags for now... but the wakeup call is coming soon.

"The leisure and hospitality sector saw the most jobs growth, with 96,000 payrolls added in July"

https://www.cnbc.com/2022/08/05/heres-where-the-jobs-are-for-july-2022-in-one-chart.html
Comment by Zoolanders21 on Aug 08, 2022 9:48pm
As long as those jobs don't mean significantly higher op costs we should be good. I have heard that hotels have been bringing back regualr cleaning etc to be competitive. However, if you look at the STR Hotel tracking data June was a record high for the US hotel sector profitability. Despite occupancy rates lagging 2019 slightly average daily rates were way up and RevPAR also way up. We should ...more  
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