American Hotel Income Properties REIT LP announces year end financial results for 2012
VANCOUVER, April 3, 2013 /CNW/ - American Hotel Income Properties REIT
LP ("AHIP") (TSX: HOT.UN) announced the release of its annual
information form, audited consolidated financial statements and
management's discussion and analysis (the "Financial Results") for the
period from the date of formation on October 12, 2012 to December 31,
2012, which are available on SEDAR (www.sedar.com) and www.ahipreit.com. AHIP believes these Financial Results are neither meaningful nor
indicative of AHIP's ongoing operational and financial results as they
relate to a period prior to the closing of its initial public offering
on February 20, 2013. To better assist investors to gain insight into
AHIP's performance, AHIP recommends investors to refer to AHIP's final
prospectus dated February 12, 2013 which is available on SEDAR (www.sedar.com) and www.ahipreit.com.
About American Hotel Income Properties REIT LP
AHIP's long-term objectives are to: (i) generate stable and growing cash
distributions from hotel properties substantially in the US; (ii)
enhance the value of its assets and maximize the long-term value of the
hotel properties through active management; and (iii) expand its asset
base and increase its Adjusted Funds From Operations ("AFFO") per Unit
through an accretive acquisition program, participation in strategic
development opportunities and improvements to its properties through
targeted value-added capital expenditure programs.
Additional information relating to AHIP, including the final prospectus
and other public filings, is available on SEDAR at www.sedar.com and on AHIP's website at www.ahipreit.com.
SOURCE: American Hotel Income Properties REIT LP
Andrew Greig, Investor Relations
American Hotel Income Properties REIT LP
Suite 1690, 401 West Georgia Street
Vancouver, BC V6B 5A1
Tel: 604-633-2857
Email: agreig@ahipreit.com