Le Lézard
Classified in: Tourism and vacations, Business
Subject: DIVIDENDS

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


VANCOUVER, BC--(Marketwired - June 19, 2017) - American Hotel Income Properties REIT LP ("AHIP") (TSX: HOT.UN) (OTCQX: AHOTF) announced today a cash distribution of US$0.054 per limited partnership unit ("Unit") for the period of June 1, 2017 to June 30, 2017, which is equivalent to US$0.648 per Unit on an annualized basis. The distribution will be paid on July 14, 2017 to unitholders of record at the close of business on June 30, 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 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.


These press releases may also interest you

at 17:46
Warwick Le Crystal ? Montreal becomes sponsor of the exhibition Saints, sinners, lovers and fools: three hundred years of Flemish masterworks presented at the Montreal Museum of Fine Arts from June 8 to October 20 2024. This captivating exhibition...

at 16:31
International Game Technology PLC ("IGT") announced today that its IGT PlaySports Trading Advisory Services Team is now supporting sports betting in Michigan via a new services agreement with the Lac Vieux Desert Northern Waters Casino & Resort in...

at 16:30
DiamondRock Hospitality Company (the "Company") , a lodging-focused real estate investment trust that owns a portfolio of 36 premium hotels and resorts in the United States, today announced the promotion of Stephen Spierto to Chief Accounting Officer...

at 16:27
To accelerate the development of Shanghai as an international consumption hub, attract more foreign consumers, and expand the market while providing a more diverse and enriching consumer experience, the 55@Shanghai Destination of Shopping global...

at 16:26
Grand Peaks, a fully integrated real estate investment firm, announced the recent lease of 93 units within their forthcoming luxury multifamily community, Skyline at Highlands, to Sonder. Sonder is a leader in short-term rentals, offering...

at 16:14
Spryr.com, a new internationally-backed travel booking site, is thrilled to announce the launch of its 2024 Travel Sweepstakes, featuring a 5-night all-inclusive stay in the Dominican Republic, and round-trip airfare for four guests....



News published on and distributed by: