American Hotel Income Properties REIT LP (HOT-UN.TO)
American Hotel Income Properties REIT LP operates in the REIT - Hotel & Motel industry of the Real Estate sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.55, up 0.00% on the session, giving a market capitalisation of $39.5M. Its beta of -0.02 implies it has historically moved less than the broad market.
Operating as American Hotel Income Properties REIT LP (AHIP), this limited partnership specializes in the ownership and investment of hotel properties throughout the United States. Its current portfolio boasts 78 premium, select-service hotels, strategically positioned in secondary urban areas that benefit from diverse and reliable demand. Each of these establishments functions under licensing agreements with leading hospitality brands, including Marriott, Hilton, IHG, and Choice Hotels. AHIP's overarching aims involve perpetuating its established record of successful ventures, issuing consistent monthly U.S. dollar distributions to its unitholders, and cultivating value through the ongoing expansion of its varied hotel holdings.
American Hotel Income Properties REIT LP is most often compared with the following Real Estate names: