VANCOUVER, Aug. 9, 2018 /CNW/ - American Hotel Income
Properties REIT LP ("AHIP", the "Company") (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce that it
has completed approximately US$5.2 million of renovations at its Embassy Suites DFW South, near the
Dallas/Fort Worth airport in Irving, Texas.
Key aspects of this renovation project included a completely rebuilt atrium, with a new bar, breakfast restaurant, communal
seating areas and digital docking tables – where business travelers can work with colleagues within the comfort of a lounge
area. The lobby features a new water feature, lush greenery and steel sculptural elements, to provide guests with a calm
and inviting environment. In addition, all of the elevators at this property have been replaced and modernized with new
technology, and the exterior of the building was repainted.
Most Embassy Suites by Hilton hotels are undergoing a significant design refresh, to cater to the changing needs and
preferences of today's business and leisure travelers. The redesign of atriums and enhanced bar offering not only provide
more options for guests to socialize within the hotel, but also provide hotel owners with opportunities to grow food and beverage
related revenues.
"This marks the completion of the first of three Embassy Suites hotels we are renovating this year, to showcase the new
Embassy Suites design and enhanced guest experience – with improved food and beverage offerings, increased communal seating areas
and digital work stations," said Rob O'Neill, CEO. "Our Embassy Suites hotels are the
largest properties we own, and make a significant contribution to our performance. We're excited to see the future benefits of
these investments, as our guests experience the difference of these hotel improvements."
Another AHIP-owned Embassy Suites hotel, the Embassy Suites Cincinnati (in Covington,
Kentucky), is expected to complete renovations within the month. As well, the Embassy Suites Columbus (in
Dublin, Ohio) recently began renovations in July and is expected to be completed during the
fourth quarter.
ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP
American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: 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.
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SOURCE American Hotel Income Properties REIT LP
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