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American Hotel Income Properties REIT LP Reports Fourth Quarter and Full Year 2020 Results
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Q4 2020 occupancy of 51.4%, RevPAR of $47.25, and revenues of $39.4 million
Q4 2020 diluted FFO per unit of ($0.07)
Occupancy levels improved significantly in February, to 59.9%; Upward trend in Occupancy has continued into March
$50 million strategic Preferred Equity investment, closed January 28, 2021, reduced leverage and enhanced liquidity
Amended credit facility provides waiver of covenants through December 31, 2021
(All numbers are in U.S. dollars unless otherwise indicated)
VANCOUVER, BC, March 10, 2021 /PRNewswire/ - American Hotel Income Properties REIT LP (
AHIP , or the
Company ) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) announced today its financial results for the three months and year ended December 31, 2020.  ....

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