American Hotel Income Properties REIT LP Update on Hurricane Irma
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 8, 2017) - American Hotel Income Properties REIT LP
("AHIP") (TSX:HOT.UN)(TSX:HOT.DB.U)(OTCQX:AHOTF) and hotel manager, ONE Lodging Management are taking all
precautions to prepare for the onset of Hurricane Irma in Florida and Southern Georgia. All hotel teams have completed their
emergency preparedness checklists and are prepared to operate through the storm with the exception of one hotel in Kingsland,
Florida which is under evacuation order before noon tomorrow. They are following the direction of local authorities as directed
by the Governor of Florida.
The safety and security of our guests and staff is a top priority for AHIP and ONE Lodging Management, so we are working
closely with authorities in the impacted communities. Room cancellation fees are being waived and pets are being accepted at no
additional charge at all AHIP owned hotels in the area. In addition, in accordance with regulations AHIP maintains:
property, casualty, flood and business interruption insurance at all of its hotels.
"Our thoughts are with the people and communities that will be impacted by Hurricane Irma," commented Ian McAuley, President
of AHIP and Robert Pratt, President of ONE Lodging Management. "We continue to monitor the direct impact of the storm on our
locations and to provide support as needed for our employees and guests in the area."
ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP
AHIP is a limited partnership formed under the Limited Partnerships Act (Ontario) to invest in hotel real estate
properties located substantially in the United States and engaged primarily in growing a portfolio of premium branded,
select-service hotels in larger secondary markets with diverse and stable demand generators as well as long standing contractual
railway customers.
AHIP's long-term objectives are to build on its proven track record of successful investment, deliver reliable and consistent
U.S. dollar denominated distributions to unitholders and add value through ongoing growth of its diversified hotel portfolio.
ADDITIONAL INFORMATION
Additional information relating to AHIP, including its other public filings, is available on SEDAR at www.sedar.com and on AHIP's website at www.ahipreit.com.
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