SOURCE: American Hotel Income Properties REIT LP

American Hotel Income Properties REIT LP

August 29, 2017 16:05 ET

American Hotel Income Properties REIT LP Update on Hurricane Harvey

VANCOUVER, BC--(Marketwired - August 29, 2017) - American Hotel Income Properties REIT LP ("AHIP") (TSX: HOT.UN) (TSX: HOT.DB.U) (OTCQX: AHOTF) and its hotel manager, ONE Lodging Management, Inc. ("ONE Lodging Management") have completed inspections of AHIP's three Oak Tree Inn hotels located in Hearne, TX and Livonia, LA and all are operating as usual and serving existing customers as well as relief agencies as they are able to accommodate them. Nearby Embassy Suites Dallas DFW Airport South, TX has not yet been affected by the influx of evacuees but ONE Lodging Management is working closely with national and local relief agencies to provide hotel rooms as needed.

"Our thoughts are with the people and communities impacted by Hurricane Harvey," commented Ian McAuley, President of AHIP and Robert Pratt, President of ONE Lodging Management. "We, collectively, continue to monitor the direct impact of the storm on our locations and to provide support as needed for our employees and guests in the area."

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 larger 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:

    Andrew Greig
    Investor Relations

    American Hotel Income Properties REIT LP
    800 - 925 West Georgia Street
    Vancouver BC V6C 3L2 Canada
    Phone: 604-633-2857
    Email: agreig@ahipreit.com