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American Hotel Income Properties REIT LP Announces April 2018 U.S. Dollar Cash Distribution

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News From American Hotel Income Properties REIT LP

Transmitted by PR Newswire for Journalists on April 17, 2018 12:30 AM CEST
         
 

American Hotel Income Properties REIT LP Announces April 2018 U.S. Dollar Cash Distribution

 
 

VANCOUVER, April 16, 2018  American Hotel Income Properties REIT LP (“AHIP”) (TSX: HOT.UN, HOT.U, and HOT.DB.U) announced today a cash distribution of US$0.054 per limited partnership unit (“Unit”) for the period of April 1, 2018 to April 30, 2018, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution will be paid on May 15, 2018 to unitholders of record at the close of business on April 30, 2018. 


The policy of AHIP is to pay cash distributions on or about the 15th day of each month to the unitholders of record on the last business day of the preceding month.


ABOUT AMERICAN 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 115 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.


 

SOURCE American Hotel Income Properties REIT LP

CONTACT: please contact: Jamie Kokoska, Director, Investor Relations, Phone: 604-670-6242, Email: .(JavaScript must be enabled to view this email address)

Web Site: www.ahipreit.com

 
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Posted on Apr 17, 2018 - 12:34 AM • Print