Overview
Description
American Hotel Income Properties REIT L.P. is a real estate investment trust focused on acquiring and managing hotel properties primarily in the United States. The primary function of this asset is to provide investors with exposure to the hospitality sector through income-generating hotel assets. Notably, the trust specializes in properties that cater to transient and extended-stay guests, often partnering with established hotel brands like Marriott, Hilton, and IHG.
This asset is integral to sectors impacted by travel, tourism, and business activities, contributing to economic activities at both regional and national levels. Its portfolio typically includes a mix of hotels located in urban centers, secondary cities, and strategic highway locations, capitalizing on diverse guest demographics and travel needs.
American Hotel Income Properties REIT L.P. plays a significant role in the market by offering diversified hotel real estate investment opportunities. It provides investors with potential steady income through dividends backed by the steady cash flows from hotel operations. Furthermore, by focusing on high-demand areas, this REIT aims to optimize occupancy rates and revenue per available room (RevPAR), ensuring consistent performance.
About
CEO
Mr. Jonathan Korol
Employees
0
Address
Suite 810 – 925 West Georgia Street
Vancouver, V6C 3L2, BC
Canada
Vancouver, V6C 3L2, BC
Canada
Phone
604 630 3134
Website
Instrument type
Limited partnership
Sector
Real Estate
Industry
REIT - Hotel & Motel
Country
Canada
MIC code
XTSE