SOURCE: American Hotel Income Properties REIT LP

American Hotel Income Properties REIT LP

September 18, 2017 21:30 ET

American Hotel Income Properties REIT LP Announces September 2017 U.S. Dollar Cash Distribution

VANCOUVER, BC--(Marketwired - September 18, 2017) - American Hotel Income Properties REIT LP ("AHIP") (TSX: HOT.UN) (TSX: HOT.DB.U) (OTCQX: AHOTF) announced today a cash distribution of US$0.054 per limited partnership unit ("Unit") for the period of September 1, 2017 to September 30, 2017, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution will be paid on October 13, 2017 to unitholders of record at the close of business on September 29, 2017.

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 HOTEL INCOME PROPERTIES REIT LP

AHIP is a limited partnership formed under the Limited Partnerships Act (Ontario) to invest in hotel real estate properties located substantially in the United States and engaged primarily in growing a portfolio of premium branded, select-service hotels in secondary markets with diverse and stable demand generators as well as long standing contractual railway customers.

AHIP'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 add value through ongoing growth of its diversified hotel portfolio.

ADDITIONAL INFORMATION

Additional information relating to AHIP, including its other public filings, is available on SEDAR at www.sedar.com and on AHIP's website at www.ahipreit.com.

THE TORONTO STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR THE ACCURACY OF THIS NEWS RELEASE.

Contact Information

  • For further information, please contact:

    Azim Lalani
    Chief Financial Officer

    American Hotel Income Properties REIT LP
    Suite 800 - 925 West Georgia Street
    Vancouver, B.C. V6C 3L2
    Phone: 604-633-2878
    Email: alalani@ahipreit.com