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CFO buying at American Hotel Inc Prop REIT (T:HOT)

Updated Thursday Sep 21, 2017 01:40 AM EDT

Azim Lalani, CFO, acquired 64,900 Units on a direct ownership basis at a price of $9.240 on September 20th, 2017. This represents a $599,676 investment into the company's shares and an account share holdings change of greater than 100%.

American Hotel Inc Prop R is in the Specialized REITs Sub Industry Group under the Financials Sector.

American Hotel Income Properties REIT LP is a Canada-based limited partnership company that invests in hotel real estate properties primarily in the United States. The principal business of the Company is to issue units and to acquire and hold shares of the American Hotel Income Properties REIT Inc. (U.S. REIT). It operates in two segments: the Rail Hotels and Branded Hotels. Its portfolio of Rail Hotels consists of approximately 50 properties representing approximately 3,720 rooms. All of the properties are operated under its own Oak Tree Inn brand and are designed or converted to fulfill the operating needs of railroad operators. Penny's Diner restaurants consist of approximately 30-unit restaurant chain servicing Oak Tree Inn hotel guests, drive-by guests and local residents. Its portfolio of Branded Hotels consists of over 40 hotel properties representing approximately 3,330 rooms. The Branded Hotels are located near airports, highway interchanges and other transportation hubs.

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Go to American Hotel Income Properties REIT LP (HOT)'s company page

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