American Hotel Income Properties REIT LP Reports Voting Results of Annual and Special Meeting

VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- American Hotel Income Properties REIT LP ("AHIP") (TSX: HOT.UN, HOT.U, and HOT.DB.V) announces that at its annual and special meeting of unitholders, held earlier today, all directors nominated as listed in the information circular dated April 1, 2024 were directed to be elected as directors of American Hotel Income Properties REIT (GP) Inc. for the ensuing year. As a ballot was not required, the number of votes disclosed in the below table reflects only the proxies received by management of AHIP in advance of the meeting.

The proposed amendments to AHIP's Amended and Restated Limited Partnership Agreement were also approved by unitholders at the Meeting, with 14,718,827 (93.99%) in favour.

AHIP has filed a report of voting results of all resolutions voted on at this meeting on SEDAR+ at www.sedarplus.ca.

ABOUT AMERICAN HOTEL INCOME PROPERTIES REIT LP

American Hotel Income Properties REIT LP (TSX: HOT.UN; HOT.U and HOT.DB.V), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's portfolio of premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, IHG and Choice Hotels through license agreements. AHIP's long-term objectives are to build on its proven track record of successful investment, deliver monthly U.S. dollar denominated distributions to unitholders, and generate value through the continued growth of its diversified hotel portfolio. More information is available at www.ahipreit.com.

For further information, please contact:

Travis Beatty
Chief Financial Officer
Email: [email protected]