Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

American Hotel Income Properties REIT LP Discloses Unit Purchases By Rob O'Neill (CEO)

T.HOT.DB.V

Canada NewsWire

VANCOUVER, May 18, 2018 /CNW/ - American Hotel Income Properties REIT LP ("AHIP", the "Company") (TSX: HOT.UN, HOT.U, and HOT.DB.U) discloses that Rob O'Neill, CEO, purchased 67,000 additional units this week through open market purchases. 

Since January 1, 2018, Mr. O'Neill has acquired 110,322 additional units of AHIP, including 9,322 units provided as part of his agreement with the Company to take 100% of his 2018 compensation in the form of equity.

The acquisition of these units has also been disclosed through regulatory filings.

ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP

American Hotel Income Properties REIT LP (TSX: HOT.UN; HOT.U and HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties located substantially in the United States. AHIP currently has 114 hotels, and is actively engaged in growing its portfolio of premium branded, select-service hotels in larger secondary markets that have diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, IHG, Wyndham and Choice Hotels through license agreements.  The company'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 generate value through the continued growth of its diversified hotel portfolio.  More information is available at www.ahipreit.com.

Cision View original content:http://www.prnewswire.com/news-releases/american-hotel-income-properties-reit-lp-discloses-unit-purchases-by-rob-oneill-ceo-300650796.html

SOURCE American Hotel Income Properties REIT LP

View original content: http://www.newswire.ca/en/releases/archive/May2018/18/c2333.html



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today