American Hotel Income Properties REIT LP (T:HOT.UN)
Business Focus: Hospitality REITs
| Sector: Real Estate | Industry: Specialized REITs |
| Company Contact | |
| Address: | 800 - 925 West Georgia Street VANCOUVER BC V6C 3L2 |
| Tel: | N/A |
| Website: | https://www.ahipreit.com |
| IR: | See website |
| Key People | ||
| Jonathan Bruce Korol Chief Executive Officer | D. Travis Beatty Chief Financial Officer, Corporate Secretary | Bruce Douglas Pittet Chief Operating Officer | Stephanie Li Vice President - Finance |
| Business Overview |
| American Hotel Income Properties REIT LP is a Canada-based limited partnership company that invests in hotel real estate properties across the United States. The principal business of the Company is to issue limited partnership units (Units) and to acquire and hold shares of American Hotel Income Properties REIT Inc. (the U.S. REIT). The U.S. REIT is engaged in acquiring and owning hotel real estate properties in the United States. The Company is engaged primarily in growing a portfolio of branded, select-service hotels in larger secondary markets with diverse and stable demand generators. Its branded, select-service hotels are located in secondary metropolitan markets. Its hotels operate under brands affiliated with Marriott, Hilton, IHG and Choice Hotels through license agreements. It owns about 70 branded hotels with a total of 7,917 guestrooms located in 22 states across the United States. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, American Hotel Income Properties REIT LP revenues decreased less than 1% to $280.5M. Net loss before extraordinary items increased 99% to $78M. Revenues reflect Daily Room Rate (ADR) - Average-Branded increase of 6% to $131, FFO per Share (Diluted) - Total increase of 2% to $0.48, Food, beverage and other increase of 27% to $18.9M. |
| Employees: | 8 as of Dec 31, 2022 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $914.89M as of Dec 31, 2023 |
| Annual revenue (TTM): | $384.96M as of Dec 31, 2023 |
| EBITDA (TTM): | $109.14M as of Dec 31, 2023 |
| Net annual income (TTM): | -$107.00M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$8.60M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $861.62M as of Dec 31, 2023 |
| Shares outstanding: | 79,160,606 as of Apr 11, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Interactive technical study charts by TradingView. Copyright © 2024 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.