American Hotel Income Properties REIT L.P. (HOT.U)

Overview

American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.V), commonly known as AHIP, is a limited partnership designed to stake in the hotel real estate market across the United States. Focused on acquiring premium branded, select-service hotels, AHIP strategically positions its investments in secondary metropolitan markets that exhibit a mix of diverse and stable demand. The partnership aims to leverage a proven track record of successful investments to provide monthly U.S. dollar-denominated distributions to unitholders, whilst aiming for continued growth and value creation within its diversified hotel portfolio.

Products and Services

Below are the key aspects of AHIP's offerings:

• Premium Branded Hotels:

  AHIP's portfolio consists of high-quality hotels affiliated with some of the most respected names in the industry. These include Marriott, Hilton, IHG (InterContinental Hotels Group), and Choice Hotels. The selection of premium brands is pivotal in attracting a steady inflow of guests, thereby ensuring consistent revenue streams.

• Select-Service Hotels:

  The focus on select-service hotels allows AHIP to target a specific segment of the market that seeks affordable lodging without the need for full-service accommodations. These hotels typically provide limited food and beverage options but maintain the quality and comfort expected from premium-branded establishments. This focus helps in maintaining operational efficiency and maximizes return on investment.

• Secondary Metropolitan Markets:

  By investing in hotels located in secondary metropolitan markets, AHIP taps into areas with lower competition yet significant demand from business and leisure travelers. These markets often benefit from diverse economic drivers such as corporate headquarters, regional healthcare centers, universities, and tourist attractions, which contribute to a stable and varied guest base.

• Monthly U.S. Dollar Denominated Distributions:

  A key component of AHIP's offerings is its commitment to provide monthly distributions to its unitholders, denominated in U.S. dollars. This approach is particularly attractive to investors looking for regular income streams and those who wish to hedge against currency fluctuations.

• Continuous Growth and Value Generation:

  AHIP aims not only to sustain its existing portfolio but also to explore opportunities for further expansion and diversification. Through strategic acquisitions and asset management, AHIP seeks to continually enhance its portfolio's value, thereby generating long-term wealth for its unitholders.